Pocketful of Dirhams

The steps Gen Z must take now to achieve financial freedom

For Generation Z - those born between 1996 and 2015 - brushing up on personal finance know-how is something many carry out through financial apps or by watching videos on YouTube. With boosting financial literacy levels a key aim for governments across the globe, and the world still gripped by the devastating financial effects of Covid-19, there has never been a better time to equip the young with skills to manage their money more effectively.

Host Alice Haine is joined by Monica Mahoj from Finllect, a UAE personal finance app that helps users manage their finances, who explains how the Gen Z generation should tackle their finances to achieve the ultimate goal in the personal finance world – that of financial freedom.

Why women’s careers have been hurt the most by Covid-19

The coronavirus outbreak has infected more than 40 million people worldwide and damaged economies, industries and employment levels. But women are being disproportionately hurt by the economic fallout of the crisis. With sectors that typically employ women, such as retail and hospitality, badly affected by Covid-19, women’s jobs are 1.8 times more vulnerable to the crisis than men’s, according to the global consultancy McKinsey & Company.

McKinsey’s research during the pandemic has also found that more female than male employees fear Covid will negatively affect their promotion prospects. And all of this at a time when women were already wrestling with the thorny issue of equality in the workplace and the gender pay gap. So how will the crisis affect women’s finances? Can their careers cope if they step out of the workplace until coronavirus has gone away? 

Host Alice Haine is joined by Chiara Marcati, partner at McKinsey and Company and author of the firm's Women at Work report, to find out how women can get their careers back on track post-Covid.