2025-03-07 17:55:08

Empowering Women Towards Financial Independence

Women continue to face significant financial challenges, including lower salaries, reduced pension claims, and heightened risks of old-age poverty. Equal Pay Day, observed on March 7, underscores the persistent gender pay gap, with women earning an average of 16% less than men.

This disparity is often attributed to the prevalence of part-time and undervalued professions predominantly occupied by women. Furthermore, studies reveal that a woman's income can decline by as much as 20% post-marriage, as seen in individual cases like Stefanie Stoll, who left her job to support her husband's career.

Experts advocate for full-time career opportunities for women and better compensation for traditionally female-dominated jobs. To combat these financial inequities, women are encouraged to establish emergency savings and pursue investments to build wealth.

Investment options like ETF savings plans offer a practical entry point, providing diversification and low costs. Women are reassured that long-term investments in stocks, ETFs, and mutual funds can yield better returns than traditional savings accounts.

Despite progress, the pension gap remains, with women receiving, on average, €500 less per month than men. As of 2023, women's average pensions have improved to €1,023, up from €526 in 2000, but the journey toward financial equality continues.

Financial education and proactive wealth-building strategies are essential for women to secure their financial futures.

n-tv.de
7. März 2025 um 06:23

Men are not an investment: How women can become financially independent - n-tv.de

Finance
Women earn less, work more often part-time, and take on unpaid care work. Therefore, it is important that they deal with retirement provision and asset building at an early stage in order to achieve financial independence.
AFP
7. März 2025 um 10:57

Women still have an average of 500 euros less pension than men

Economy
Finance
Women still have 500 euros less pension than men, despite a smaller gap in the last 20 years. Gundula Roßbach called for old-age provision in 2023. Women earn an average of just over 1,023 euros per month, while in 2000 it was only 526 euros.
Tagesschau - Wirtschaft und Börsen-Nachrichten
7. März 2025 um 14:39

Equal Pay Day Why Women Still Earn Less Than Men

Economy
Finance
Politics
The Equal Pay Day shows that women earn on average 16% less than men. One reason is the part-time or poorly paid 'female occupations'. The study confirms that the income from work of women decreases by 20% after marriage. Stefanie Stoll gave up her job because she couldn't keep up with her husband Tim, who is a manager at Volkswagen and earns much more money. The family wouldn't have been able to pay their ongoing expenses without his salary. Women must be allowed to take on full-time jobs and..
gmx
7. März 2025 um 15:11

From Fuck-you-Money to Honest Cash Flow: Financial Tips for Women

Economy
Finance
Lower salaries, lower pension claims and high old-age poverty often affect women. Equal Pay Day (March 7) draws attention to these problems. Financial experts recommend that women set the course for their financial future at an early stage. Karolina Decker says: 'More and more women are dealing with topics like wealth building'. Female finance experts give tips for financial independence.
CW

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