Tamara Gillian: The Status of Women And Money

According to data from the US Bureau of Labor Statistics, four times more women than men dropped out of the labor force in September 2020. This is having a detrimental impact on women’s financial health. Research shows that the gender savings gap has widened as a result of the COVID-19 pandemic with women now having a third less saved. More women than men are relying on previous savings to cover essential costs during the pandemic — depleting their already smaller savings pot. Over a third of women (35%) admitted to dipping into their savings over the past six months, compared to just 15% of men.

To better understand the financial gap women are experiencing during the pandemic, Tamara Gillian, founder of The WealthiHer Network, will be joining us on this episode. Tamara will share findings from The WealthiHer Report 2020, which provides us with insights to better understand how Covid-19 has impacted women and altered their attitudes to wealth, life, and their finances.