Women’s Wealth in figures – day-to-day
8 out of 10 women deal with day-to-day finances
Women prefer to deal with day-to-day finances. Only 23% take the initiative in long-term financial decisions.
Eight out of ten women are mainly concerned with immediate financial issues, such as managing daily expenses and paying bills, rather than long-term financial decisions. These numbers are demonstrated by the UBS Investor Watch study. For example, only one woman in every four takes the initiative in long-term financial decisions.
The awareness is there – you need to get involved
The awareness is there – you need to get involved
Women are very aware of their long-term financial needs. For example, three out of four women cite both retirement planning and planning for elderly care as the most important long-term financial issues. However, few women actively deal with them. Why? Many women believe that their partner is better at making investment decisions and that a lot of knowledge is required.
However, the study also confirms that an active examination of long-term financial issues is worthwhile. For example, 88% of women surveyed are less concerned about their financial future if they are actively involved in long-term financial decisions.
So make sure you also get involved. For example, here at the UBS Women’s Wealth Academy, find out about important financial issues such as retirement provision.
Expand your financial knowledge
Expand your financial knowledge
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