Decades of saving: Women should prioritise themselves

Women may live longer than men, but they often earn less. According to Oxfam, globally women earn 24% less than men and when you factor in the extra time working women spend on household and childcare responsibilities, it’s estimated women work an average of four years longer than men.

This International Women’s Day, 8 March, we’re sharing some important tips to help women prioritise their futures, financially. Various things can prevent women from achieving financial fitness, from the gender pay gap, to ending up as sole providers for their children. Fortunately, there are steps to take to improve the outlook.  While some women may inherit or earn substantially more than others, many struggle to make the most of their money. This is especially true for women who have very little spare cash to save.

Here are some helpful tips for saving across the decades:

Full article: https://www.mandg.co.za/insights/articlesreleases/decades-of-saving-women-should-prioritise-themselves/

March 15 2022 By M&G Investments