N@N

Women and 50-somethings 'less likely than average to feel upbeat about finances'

The article from MSN discusses a survey by Hargreaves Lansdown which reveals that women and individuals in their 50s are less optimistic about their financial situation compared to the general population. Specifically, only 47% of women feel positive about their finances, in contrast to 60% of men. Similarly, only 49% of people in their 50s feel financially upbeat, which is lower than the average. This sentiment is attributed to several factors including the gender pay gap, career breaks for childcare, and the financial pressures of mid-life such as supporting both children and aging parents. The survey also highlights that despite these feelings, there's a growing trend of women taking control of their financial planning, with 62% of women now managing their investments, up from previous years. However, the overall mood remains cautious, with many in this demographic feeling less secure about their financial future.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/money/personalfinance/women-and-50-somethings-less-likely-than-average-to-feel-upbeat-about-finances/ar-AA1xarUJ ]