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Survey: Women's Finances More Precarious Than Men's - NerdWallet

The article from NerdWallet highlights the financial disparities between men and women based on a survey conducted in March 2023. It reveals that women are more likely to live paycheck to paycheck, with 49% of women compared to 42% of men reporting this struggle. Women also tend to have less in emergency savings, with 52% having less than three months' worth of expenses saved, compared to 45% of men. Additionally, women are less likely to invest, with only 29% of women investing outside of retirement accounts, in contrast to 44% of men. The survey also notes that women are more likely to feel behind on their retirement savings, with 55% of women feeling this way compared to 46% of men. These findings underscore the broader financial insecurity and lower investment participation among women, influenced by factors such as the gender pay gap and differing financial priorities.

Read the Full NerdWallet Article at:
[ https://www.nerdwallet.com/article/investing/investing-data/survey-womens-finances-more-precarious-than-mens ]