Financial stress higher for women; expert attributes gender pay gap
analyst Sarah Foster pointed to the gender pay gap as one reason women are more stressed.
”I think we can’t underestimate what role that plays in causing financial stress just because women are used to making significantly less than men,” Foster said. “That makes every kind of financial step harder, whether it’s preparing for retirement or even just budgeting” Younger workers are changing this by leading the charge on a taboo topic, pay transparency, or openly talking about how much you make, she said.
Talking to fellow coworkers is invaluable, said Foster, because it’s the only way you will know if you are being underpaid. Foster added that sometimes just recognizing what’s causing you lack of sleep, anxiety and depression can help you lower the stress. Talking about it with friends or family or seeking help is also a positive move.
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