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Women often see their own economic situation as worse than men

2024-03-08T10:29:54.655Z

Highlights: Women often see their own economic situation as worse than men. In the study, 45 percent of women said they regularly put aside some of their freely available money. Compared to men, women are still significantly less likely to own stocks or other securities. Only around one in two people feel well protected in old age (women 49 percent / men 55 percent), said BdB managing director Heiner Herkenhoff. “This situation must change. Business and politics must do more to improve the professional conditions for women, but also their options for retirement provision,” he said.



As of: March 8, 2024, 11:20 a.m

By: Marcel Reich

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In the study, 45 percent of women said they regularly put aside some of their freely available money.

© Guo Feizhou/dpa

Women often rate their economic situation worse than men.

A recent survey shows that the gap is widening.

Frankfurt – According to a survey, women often rate their economic situation worse than men and, in their own opinion, have less money available.

In a survey commissioned by the Association of German Banks (BdB), 32 percent of women described their economic situation as “not so good” or “bad”.

For men it was 27 percent.

Compared to the previous year, the gap widened.

At that time, 28 percent of women and 26 percent of men shared the assessment.

The answers also show that women have, on average, 400 euros less at their disposal than men.

This is also a reason why women can save less money and only around one in two people feel well protected in old age (women 49 percent / men 55 percent), explained BdB managing director Heiner Herkenhoff on Thursday.

“This situation must change.

Business and politics must do more to improve the professional conditions for women, but also their options for retirement provision.

According to this, 45 percent of women said that they regularly put some of their freely available money aside.

For men it was more than half (55 percent).

Compared to men, women are still significantly less likely to own stocks or other securities (25 versus 42 percent).

According to the survey, concerns about the security of securities, a lack of knowledge and a lack of financial resources prevent them from buying securities more often than men.

In the first weeks of February, Infas quo Nuremberg surveyed more than 1,000 people in Germany on behalf of the banking association.

With material from dpa

Source: merkur

All news articles on 2024-03-08

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