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While men may save more, a study¹ shows that women face nearly $850,000 in additional expenses just for simply being born female.

So what’s behind the high cost of being a woman?

Think that’s all? Other factors such as death and divorce causes 90% of women to lose a second household income, making it harder for them to save.

What can we do?

  1. Negotiate for better wages
  2. Increase your savings goals
  3. Keep debt low. Use your credit card less often.
  4. Focus on career growth

infographic - the cost of being a woman

 

¹ https://www.saveup.com/blog/disadvantage-of-being-female-infographic/
² http://www.whitehouse.gov/equal-pay/myth

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