Women and Money: Unique Issues: Money Issues across the Life Cycle (FCS7248/FY1352)

Figure 1. Women often encounter situations in life unique to them that can affect their financial status.Most families depend on a woman’s income to help support the household. Some women are co-breadwinners while others are the only source of income. Throughout a woman’s life, she will experience many money issues unique to women. A woman may experience the following situations: lower earnings, a longer life expectancy, lack of retirement planning, divorce, and fewer years in the workplace because of childrearing or caring for older parents. Many of these issues can work against a woman’s ability to accumulate money and attain stable financial status. This 3-page fact sheet was written by Diann Douglas, Martie Gillen, and Lynda Spence, and published by the UF Department of Family Youth and Community Sciences, March 2013.