Women and Money:

Women and Money: Challenges and financial strategies Many women are still lagging behind in their longer term super savings.i There are several reasons for this that are often out of a woman’s control. However, women can try certain strategies to improve their financial situation. What’s holding women back financially? Women face some very real and specific challenges when planning to put money aside for the future, including: Juggling day-to-day demands – Caring for others and managing household …

Helping Australian women to close the gap

Helping Australian women to close the gap The latest Financy Women’s Index scorecard shows progress in some areas but a persistent gender gap in others. “Such is life without a wife.” These are the words of my grandmother—the ones that too often remind me that for her, achieving financial security as a young woman was primarily about finding a husband, and less about having a career. Today, I am thankful for the ways the world …

Women and wealth creation: Closing the gap through financial planning

Women and wealth creation: Closing the gap through financial planning With the gender pay gap still prevalent today, women often face an uphill battle to stay ahead of the game financially. The financial disparity is further compounded when women take time out from full-time work to care for family, sacrificing superannuation and wages along the way. While we each do our part for the gender imbalance to improve, investing in a financial plan is an …

Time for women to celebrate

Time for women to celebrate March 8 marks International Women’s Day – a good time for women to embrace opportunities to achieve financial independence. After more than 30 years in the money business I’ve seen women make great strides with their personal finances. The gender pay gap is narrowing, lenders no longer shun single women when they apply for a home loan, and little by little, women are gaining a larger slice of the superannuation pie. …

Simple money steps for women

Simple money steps for women The same approach to managing day-to-day money can be applied to long-term investments.  It was Carrie Bradshaw, of Sex and the City fame, who said: ‘I like my money where I can see it – hanging in my closet.’ While that might sound trite, it’s not far from the truth for many women. Most of us are more comfortable dealing with day-to-day money and the tangible things it can be …

Women need a plan for ‘early’ retirement

Women need a plan for ‘early’ retirement  We know women generally live longer than men, but new research shows the majority of Australian women are unlikely to work past the age of 65, making it more important than ever for them to take control of their finances early and plan appropriately for life after work. The latest AMP.NATSEM Report, Going the distance: Working longer, living healthier, has revealed the gender gap in the Australian workforce …

Women are building financial intelligence

Women are building financial intelligence International Women’s Day on 8 March encourages us to aim for parity for women. On average, Australian women are paid 17.1% less than meni. They also tend to spend more time away from paid work to have children and care for loved ones which impacts their income, savings and superannuation. The good news is things are improving. Women are building financial intelligence. Women are closing the gap Women have come a …

ASIC’S MoneySmart Team Video’s

ASIC’S MoneySmart Team Video’s A collection of videos from the MoneySmart Team and its supporters, answering questions and providing money tips. Neither FinancialPartners (Tas) Pty Ltd nor AMP Financial Planning Pty Ltd is endorsing these videos or external links, they are provided for easy access to the latest Financial Information.  MoneySmart Teaching Video’s MoneySmart Rookie Getting help with your mortgage Women and money Mortgage stress – Real people, real stories  ASIC MoneySmart YouTube  https://www.youtube.com/user/MoneySmartAu ASIC MoneySmart …

Women need a plan for ‘early’ retirement

Women need a plan for ‘early’ retirement   We know women generally live longer than men, but new research shows the majority of Australian women are unlikely to work past the age of 65, making it more important than ever for them to take control of their finances early and plan appropriately for life after work. The latest AMP.NATSEM Report, Going the distance: Working longer, living healthier, has revealed the gender gap in the Australian workforce …