Invest in the Future: Women, Finances, and Work
“Live for Today: Gen X Women Focus More on Shopping Than On Investing.” That was the title of a May 18, 2001 article in the Insider Business Daily. The gist of the article is that young single women between the ages of 21 and 35 significantly lag behind their married counterparts and men in financial planning and investing. According to a study conducted by the Sutra Foundation and Oppenheimer Funds, 53% of these women live paycheck to paycheck, have credit card debt, and wish they had better control of their finances. In fact, two-thirds of the respondents said getting rid of credit card debt was of higher priority than finding a spouse or having an active social life. Continue Reading
