Since money skills are not adequately taught in schools, girls often have to learn through trial and error and do not have the necessary tools to protect themselves against cultural biases, marketing campaigns, and banking institutions. It is essential that girls and women learn about money to avoid being one of the statistics below. The lack of money can negatively impact a woman’s health, safety, opportunities, happiness, relationships, retirement, well-being, and overall quality of life.
Statistic – Women and Poverty in Retirement
Women are 80% more likely than men to live in poverty after retirement, according to the National Institute on Retirement Security.
Statistic – Gender Wealth Gap
In the United States, women have an average of $0.32 of net worth for every $1.00 a man has, according to a 2017 Report by Closing the Women’s Wealth Gap.
Let’s Turn This Around
Making good choices and learning more about money will help turn this around. The earlier you start, the better it will be. Let’s get started now!