David Lerner Associates: Women and Money. The Financial Gender Gap
International Women is Day is today. The World Economic Forum is Global Gender Gap report shows that women are worse off this year - the pay gap in the US is now 64 percent, down from 66 percent a year ago. That means that American women earn two thirds of what a man does for the same work.
Women Need to be More Hands-On Financially
It is important for everyone to keep tabs on their finances, , but although more women are taking control of household finances, they are no more prepared to meet long-term financial goals than they were a decade ago.
David Lerner Associates: Women Trailing Men in Financial Fitness
Most Americans were affected by the Great Recession, and the thought of another future financial shock makes us very uneasy. Women are particularly vulnerable, says a study from FINRA, 2012 National Financial Capability Study, and it is taking a toll on their lives with higher stress levels, reduced productivity, and decreased well-being. Only 37% of the women surveyed were rated financially fit as opposed to 45% of men.
David Lerner Associates: Financial Equality in Marriage
Getting married is a very emotional moment. There is so much to do and organize that how you are going to deal with your finances after you are married is often not a major thought. However, once the honeymoon is over and you are settling down to everyday life, this can become one of the most contentious aspects of a marriage.
The Key to Understanding Your Finances
Fortunately, understanding your finances is not as daunting as it might sound. It comes down to understanding some key elements, definitions, and numbers that make up the sum total of your financial life. Here are the things you will need to know in order to get a good picture of your fiscal health and help you understand your finances.
David Lerner Associates: Women and Money – The Financial Gender Gap
The World Economic Forum is Global Gender Gap report show that women are worse off this year - the pay gap in the U.S. is now at 64 percent, down from 66 percent a year ago. That means that American women earn two-thirds of what a man does for the same work.
David Lerner Associates: Confidence Plays a Part in the Financial Gender Gap
Women in the U.S. lag behind men in three main areas of their finances: earnings, investments, and savings. A recent Fidelity study identified a major factor that contributes to this issue - women lack confidence when it comes to handling their finances. Just 28 percent of respondents said they felt confident when it comes to picking investments without help, and 37 percent felt confident about handling retirement planning on their own.
David Lerner Associates: Women and Work
Why salary, benefits and work-life balance count. Now that women make up a large part of the workforce it is important for women to take charge of their career path and financial rewards.
Women Need to be Proactive about Finances and Retirement
Relying on your husband to take care of the finances and retirement income was an accepted practice in the past. Today women have to take a new approach to their financial future. Relying on a spouse is income and savings is no longer a risk-free option.
David Lerner Associates: Women Entrepreneurship Gains Support
Women in business is a trend which is gaining ground in today is marketplace. Over the past twenty years women have outscored men in startups by 150 percent.