Women 'putting fashion before finances'

Switch for the chance to WIN a pair of amazing Apple AirPods

 
Switch energy supplier to save up to £447* a year and the chance to win a pair of amazing Apple AirPods (T&Cs apply)
 

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 1 Jul 2018 and 31 Dec 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £447 or more.

Women aged between 25 and 45 are putting their lifestyles ahead of their long-term financial planning, according to new figures.

In a study by Friends Provident, it was found that around as many women in the so-called "Sex and the City generation" have 30 pairs of shoes as have a personal pension.

The research revealed that around one in six consider their finances less than once a month, while only 14 per cent are concerned about not having enough money in retirement.

Christine O'Grady, senior media relations executive at Friends Provident, claimed the study showed women do not regard financial matters as highly as they should.

She said: "We are urging women to take control of their money and make sure that they reach a balance between enjoying themselves and 'living for today' as well as planning and saving for emergencies and an enjoyable retirement."

Previous research by Friends Provident revealed that those who rent a property in later life need more money in retirement than people that own a home at the same age.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more