Conveyor Belt
08-28-2006, 01:33 PM
http://www.washtimes.com/national/20060823-122252-7667r.htm
A "startling" 90 percent of women say they feel financially insecure, according to a survey of almost 1,925 women released yesterday by Allianz, a Minnesota-based life insurance company.
Almost half are troubled by a "tremendous fear of becoming a bag lady" -- 46 percent of women overall, and 48 percent of those with an annual income of more than $100,000. An additional 57 percent are sorry they had not learned more about money matters in school.
Such concerns foster an array of behaviors and thoughts.
Women, for example, are twice as likely as men -- 18 percent to 9 percent -- to set aside a secret stash of money, the study found. Roughly the same number counseled their daughters to do the same. And the feminine thrill of shopping took a back seat to practicality: Two-thirds said the best thing about having money is the feeling of security it brought them, rather than buying power or status.
I've never even thought about being a bum. I've always assumed, that if worse came to worse, I could live on my wits and skills and feed my family that way. The thought of being alone doesn't bother me. Maybe it's me, maybe it's a guy thing. The article does bring out some interesting differences in the way the sexes view money.
A "startling" 90 percent of women say they feel financially insecure, according to a survey of almost 1,925 women released yesterday by Allianz, a Minnesota-based life insurance company.
Almost half are troubled by a "tremendous fear of becoming a bag lady" -- 46 percent of women overall, and 48 percent of those with an annual income of more than $100,000. An additional 57 percent are sorry they had not learned more about money matters in school.
Such concerns foster an array of behaviors and thoughts.
Women, for example, are twice as likely as men -- 18 percent to 9 percent -- to set aside a secret stash of money, the study found. Roughly the same number counseled their daughters to do the same. And the feminine thrill of shopping took a back seat to practicality: Two-thirds said the best thing about having money is the feeling of security it brought them, rather than buying power or status.
I've never even thought about being a bum. I've always assumed, that if worse came to worse, I could live on my wits and skills and feed my family that way. The thought of being alone doesn't bother me. Maybe it's me, maybe it's a guy thing. The article does bring out some interesting differences in the way the sexes view money.