Your children may be at risk of making some serious financial mistakes. Talking to them about finances has become less about the nuts and bolts of money and more about putting money’s importance in the correct context.
Women are at particular risk. The U.S. Department of Labor reports that only 45% of working women ages 21-64 have a retirement plan. The DOL also notes that more women work in part-time jobs, and are more likely to interrupt their careers to take care of family, whether that be raising children or looking after parents.