Womenomics

In a remarkable shift from even a decade ago, the majority of working wives will out-earn their husbands in the next generation. In the majority of U.S. metro areas, single women with no children in their 20s outearned their male peers. In Dallas, for example, a 20-something woman makes $1.18 to a man's $1. 

Women dominate today’s colleges and professional schools--for every two men who will receive a B.A. this year, three women will do the same. Of the 15 job categories projected to grow the most in the next decade in the U.S., all but two are occupied primarily by women.  

One of the new female-oriented personal finance sites, reported that 90 percent of its readers said they were their families' chief financial officer--but two-thirds of them lamented that their planning and investing skills were below average. "Research has shown that women, even professional women with good jobs and successful careers, tend to be less financially literate than men.

Women tend to take fewer risks (a good thing for long-view investing), wait until a life-altering event to start saving (like having kids or going through a divorce), and have a greater preference to learn about money in person or in a group than a book, according to experts and studies cited in The New York Times. Others point out that women have unique challenges when it comes to financial planning: They have longer life spans, they earn less overall, and they tend to step out of the workforce to care for children and aging parents. 

Read more about this in Girls Just Want to Have Funds$.

Source: Huffington Post