Financial Stress Is Making Women Ill, but There Are Ways to Improve Your Wealth and Your Health

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Financial stress can affect your health. Join us today for a panel hosted by SavvyLadies founder Stacy Francis and our own BBCRN to learn how you can make a difference for your wallet and mental health.

was the most significant issue for women, with nearly six in 10 female workers reporting a concern in this category."It was the fiscal piece, but it was particularly women who are caretakers — being stretched. We already see there being somewhat of a difference when there is a couple, and they're both working," Francis explained."The woman still ends up taking over a large percentage of household duties. And that, unfortunately, became really magnified.

Francis offered a few ways a person can improve their financial health. She suggests, first, each person take the time to understand where they are financially and what their financial vitals are; this will help a person create a plan. Second, Francis recommends creating a three- to six-month emergency fund for living expenses, if possible. Third, she says people need to make sure they are working to save toward retirement — ideally 15% of income each year.

 

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