Financial Future Starts Now - E-Commerce - Lecture Slides, Slides of Fundamentals of E-Commerce

Download Financial Future Starts Now - E-Commerce - Lecture Slides and more Slides Fundamentals of E-Commerce in PDF only on Docsity! Chapter 18 Your Financial Future Starts Now Docsity.com Your Financial Future Starts Now • Challenges ahead: – Student loans – Credit card debt – Budgeting, spending, saving – Marriage – Children • Choose wealth NOW! Docsity.com Why Are Women Financially Vulnerable? • 90% of women will be solely responsible for their financial decisions at some time in their lives. • 20% of women will never marry. • 47% of first marriages and 49% of second marriages end in divorce. Docsity.com Why Are Women Financially Vulnerable? (cont’d) • 75% of women do not know how much they need to save for retirement. • Women invest more conservatively than men, therefore earning less. Docsity.com Why Are Women Financially Vulnerable? (cont’d) • Women live longer than men. – Age 65, women outnumber men 3 to 2 – Age 85, women outnumber men 5 to 2 • 75% of married women are widowed, with the average age of widowhood 56. Docsity.com