17 Jan 2021 9:48 AM | Jean Murray (Administrator)

AMP’s 2020 Financial Wellness report shows 50% of Australians carry some anxiety about their finances, with women more financially stressed than men.

Ilaine Anderson in Financy looks at the 3 action areas that can help women improve their financial wellbeing and kick 2021 off to a good start. She recommends women:

  • take action to improve our knowledge and understanding of key financial drivers, including superannuation, debt and cashflow management, insurance and basic investment principles, by tapping into online resources
  • take the time to set goals and put a plan in place to achieve them – connecting finances with goals helps us engage with our finances, and then having a plan to achieve these goals can significantly ease stress
  • as employers and leaders, provide female staff with access to online tools and information/education that can be easily accessed at a convenient time and to education programs which help women understand how they can boost their super balances.

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