Record levels of women are retiring in poverty – the current figure is 1 in 6 in Australia. Should we be surprised when women earn less than men, shoulder the load when it comes to unpaid work at home, and take more and longer breaks from paid work to have children? The difference between a rich woman and a poor woman is very often financial literacy. Australia has a superannuation system, the envy of many other countries in world, and most of us don’t understand it. Super school doesn’t exist. Financial literacy as a wider topic has been taught in high schools since 2015 but, somehow, the crucial subject of superannuation is left out of the mix. Rich Woman, Poor Woman addresses this knowledge gap.
Well-researched, practical and written in an easy-to-read style, Rich Woman, Poor Woman explores:
• What exactly is super, and how it can work harder for you
• How to adopt super money habits and make a plan to achieve financial independence
• Set and forget strategies to grow your super faster
• Hacks for all ages: women in their 20s, 30s, 40s, 50s and 60s.