Who's in Charge of the Money?

Many women in Germany still let others handle their finances, whether it's their partner, parents, or siblings. And yet, financial independence is a cornerstone of personal freedom, professional growth, and security in retirement. So why do many hesitate to take full control?

Recent statistics tell a clear story

43% of women in relationships say they manage finances equally with their partner. Yet 55% of men say they take the lead.

63% of women name financial independence as a top goal. But 30% say it feels out of reach, often due to the gender pay gap.

According to the Bertelsmann Foundation, German women earn around €830,000 over their lifetime. Men? About €1.5 million. That’s less than two-thirds.

Why Financial Literacy Matters

"Many women assume others are better with money," says Sonja de Vries, Coach. "But especially those with STEM backgrounds already have the analytical skills - they just need to apply them to their personal finances."

Women are trained to handle complexity, make strategic decisions, and manage uncertainty - all of which are essential in financial planning.

Signs of Positive Change

Here’s the good news: Things are shifting. More and more women are taking charge of their financial future. Financial literacy is increasingly seen as a form of empowerment, not a taboo. Talking about money is becoming more open - in communities, podcasts, and social networks.

"Once women realize they’re in the driver’s seat, something powerful happens," says de Vries. "It’s not just about the money, it’s about self-worth, clarity, and owning your impact."

Why Smart Women Still Delay Financial Planning

Many women confidently lead projects, manage budgets, or run teams. Yet when it comes to their own finances, things often stay vague or get pushed aside.

But here’s the truth: Financial empowerment isn’t something you’re born with. It’s something you build. And it doesn’t start with an ETF or a retirement calculator. It starts with a decision:

I’m going to take this seriously. For myself. For my future.

3 Steps Toward Financial Confidence

1. Get Clear on Your Numbers
Track income and spending. Apps, spreadsheets, whatever works. Clarity is step one.

2. Define Your Goals
What are you working toward? Security, travel, early retirement? Specific goals make it easier to act.

3. Talk About It
Open up with friends, mentors, or coaches. Shared learning builds confidence and momentum.

Conclusion: Mindset First, Money Follows

Financial empowerment begins in your mind — and grows with every step you take. When you take control of your money, you gain confidence, options, and power.

As Sonja de Vries puts it: “Financial freedom isn’t a destination, it’s a journey. And every step you take makes you stronger.”

Your Turn

Who handles the finances in your life and why? What have you already taken on? What’s still holding you back?

Sources & Data (as of 2024/2025)
comdirect Survey 2025: 43% of women say they share responsibility equally; 55% of men say they take the lead
Mastercard Women & Finance Report 2024: 63% of women want financial independence; 30% feel it’s out of reach
Bertelsmann Foundation (2020): Lifetime earnings – Women: ~€830,000 | Men: ~€1.5 millionn26 Financial Literacy Study 2024: More women managing finances independently
Forbes & Psychology Today (2024/2025): Financial knowledge as a core empowerment tool