A dream for many women is to be financially independent and free from worry about money. The unfortunate thing is, it remains a dream for many.
The financial disparity between men and women in Australia is an important topic to address as we continue to see gender-based inequities present themselves.
We live in an age where women are predicted to outlive men by almost half a decade. This begs the question, what can women do differently over the course of their lives to help them achieve more financial independence and control?
We know that many women take time out of the workforce to care for children; that on average women’s remuneration is 21.3% less than men; that on average women retire with 37% less in super and on top of this, will outlive men.
It doesn’t feel like the odds are stacked in our favour does it? This sense of inequality leads to many women feeling disempowered, stressed and fearful of their financial futures.
How can we flip this so more women feel in control, positive and connected to their financial futures. What would it take to get there?