The effects of a 'grey divorce' can be severe for women over 50. It is soooo important that women of any age are actively engaged in their personal finances when they are in a relationship. Lack of financial literacy can have devastating consequences for women if they go through a divorce at an older age.
I have seen this personally amongst my friends who have been devastated by a 'grey divorce' or are unknowingly suffering from financial abuse in their relationship.
BUT, we should not blame women for coming out so much worse off from a divorce. What kind of system allows divorce settlements that have such devastating financial consequences for women? I have also seen financially literate women who were active in the workforce throughout their marriage coming out of a divorce with terrible financial consequences.
#FinanzF00 zum Jahresbeginn: Grad meinen #Notgroschen gecheckt – existent aber ausbaufähig. Gleich mal auf die ToDo-Liste gesetzt, den aufzufülen. Denkt an Euren Notgroschen! 3 bis 6 Monatsgehälter, je nachdem, was Ihr an monatlichen Ausgaben habt und wie viele Menschen und vllt auch tierische Mitbewohner*innen von Euch direkt abhängig sind. Falls Ihr schon einen habt, habt Ihr den schon an die Inflation angepasst? #FinancialLiteracy
The USD/JPY gained downward momentum after the U.S. Federal Reserve's FOMC Statement, indicating a change in monetary policy. Interest rate cuts are now expected in spring 2024. The currency pair is currently trading near 141.800, testing values last seen in late July. Traders should be cautious as conditions remain volatile. Breaking below 143.000 and sustaining values below would signify further downward momentum. Support levels to watch are 142.000, 141.500, and 141.000.
"A “Standard” Personal Finance Curriculum is designed as a high school personal finance course. It is divided into seven units that address the six National Standards for Financial Literacy and a standard on decisionmaking, respectively. Each unit includes a description, talking points, and links to recommended resources for teaching the given standard, along with a selection of supplemental resources. The talking points are introductory comments and information about the content for each unit. Recommended resources include lessons, videos, and online modules. Thus, the curriculum is designed with flexibility for teachers to select the individual resources that best meet the needs of their classes. The curriculum also includes a glossary of terms and a matrix that aligns all of the recommended and supplemental resources with the national standards." #PersonalFinance https://www.stlouisfed.org/education/a-standard-personal-finance-curriculum
Free highschool personal finance course from the St. Louis Fed. The Fed is doing some great work in helping increase #FinancialLiteracy which more educators should know about!
Meine Liste an #FinanzF00-Wow-Momenten wird länger.
In jedem Frauen-Finanz-Blog steht, dass Frauen ein eigenes Konto brauchen. Leider wohl aus Gründen. 🥴
Ich lese immer wieder von Frauen, die nach dem Tod des Partners nicht wissen, wo das Geld ist & wie die Bank überhaupt heißt. 😳
Heute habe ich gelernt, dass vielen Menschen Zinseszinsen unbekannt sind. 😮
Da ist "Inflation und Steuern beim Berechnen der Rentenlücke vergessen" echt ganz schön weit hinten in der Kette. #FinancialLiteracy