At some point in their lives, 8 in 10 women find themselves solely responsible for their own financial well-being. Yet despite emphasis on equality, about half the women defer to spouses on long-term financial decisions – with 35% participating equally and 16% taking the lead.
COVID-19 has increased the roles that women are juggling, including handling more childcare and home duties. And lockdowns have created new responsibilities, such as homeschooling.
COVID Resolutions: The pandemic—and its economic fallout—also has increased women’s financial concerns. The good news is that women are engaging more on finances
• 8 in 10 women want to protect themselves and their families more than before
• Two-thirds of women intend to have financial discussions with their spouse.
• Nearly 4 in 10 are considering financial reviews, portfolio discussions and updating their wills.
Source: 2018 UBS study of the financial participation of US Women
At some point in their lives, 8 in 10 women find themselves solely responsible for their own financial well-being. Yet despite emphasis on equality, about half the women defer to spouses on long-term financial decisions – with 35% participating equally and 16% taking the lead.
COVID-19 has increased the roles that women are juggling, including handling more childcare and home duties. And lockdowns have created new responsibilities, such as homeschooling.
COVID Resolutions: The pandemic—and its economic fallout—also has increased women’s financial concerns. The good news is that women are engaging more on finances
At some point in their lives, 8 in 10 women find themselves solely responsible for their own financial well-being. Yet despite emphasis on equality, about half the women defer to spouses on long-term financial decisions – with 35% participating equally and 16% taking the lead.
COVID-19 has increased the roles that women are juggling, including handling more childcare and home duties. And lockdowns have created new responsibilities, such as homeschooling.
COVID Resolutions: The pandemic—and its economic fallout—also has increased women’s financial concerns. The good news is that women are engaging more on finances
• 8 in 10 women want to protect themselves and their families more than before
• Two-thirds of women intend to have financial discussions with their spouse.
• Nearly 4 in 10 are considering financial reviews, portfolio discussions and updating their wills.
Source: 2018 UBS study of the financial participation of US Women
