Women are more vulnerable when it comes to finances (through divorce, lack of education, etc). Yet, they tend to handle most of the family finances themselves. Here are some stats to help women out when it comes to getting a handle on their financial life. What you don't know can hurt you.

1. Facts that should
scare women about
personal finances.
Women
make
20
%
Less than
men on
average.
They save about
one
third
less
What’s more
Over a
quarter of
women age
55 and
older are
widows.
R.I.P.
MEN
Divorced
women with
children are
4x
More
likely to
earn
below the
poverty
line.
But
there
is good
news.
Women have the
POWER
to change
those
stats.
They are very
likely to be
solely
responsible
for their
finances.
Women
account for
85
%
of
all consumer
purchasing
decisions.
Saving
It pays to
take steps
early to
ensure you
are taken
care of.
10
%
from
an average
$49,398
paycheck =
$4942
in savings
each year.
x5
years
In 5 years
that’s
$25k
without
maximizing it
with interest.
Take that
same 10%
*
each month
and roll it into
an IRA with a
It pays even
more to have a
solid financial
plan that helps
your money
grow.
7
%
interest
rate.
compounding
interest will turn
that money into
$1,039,440.60
at age 65
**
Presented by:
Flexscore.com
* Savings amount increases annually by assumed inflation rate of 3%
**Assumes investment starts at age 30.