Women's Financial Literacy Project
Women and Money Month – October 2009
The Office of Women’s Policy is proud to coordinate Women and Money Month. Women and Money Month is a key initiative of the Women’s Financial Literacy Project and aims to help women improve their money management skills through workshops, seminars and online information. The project is delivered in partnership with WIRE Women’s Information and the Queen Victoria Women’s Centre.
Financial independence information tailored to women
Financial security is a significant issue facing Victorian women of all ages. It can often be a challenge for women to establish and maintain financial security throughout their lives, particularly in retirement. Research has shown that:
- the average retirement payouts for women in 2006 was $63,000 compared with $136,000 for men - yet a woman's average life expectancy is 83 years, compared to 77 years for men;
- women are particularly vulnerable to “transmitted debt”, that is, taking on debt from a spouse or partner because they have guaranteed a loan or are encumbered in a partner’s business dealings or company;
- 52% of women say that dealing with money is stressful and overwhelming; and
- 42% of women say that thinking too much about their long-term financial future makes them uncomfortable.
Find out more about the Women’s Financial Literacy Project and why we have information tailored to women.
Find resources and links to relevant financial literacy information and project partners.
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