Why Financial Education?

• At some point, roughly 90% of American women will have sole responsibility for their finances because they are unmarried, divorced, or widowed.
  
• 5 out of 7 women will live alone after the age of 65. They will live until an average of 80 and are typically unprepared for the financial responsibilities that accompany this independence.
  
• Women represent half the workforce in America, but they lag far behind men in pension and Social Security benefits.
  
• Only 9% of American women over the age of 40 will receive retirement benefits from their employer.
• 3 out of every 5 part-time workers in Harris County are women who are unlikely to meet their current or future financial needs.
  
• 9 out of 10 single-parent households are headed by women. The economic condition of these families almost always deteriorates following divorce—and is never restored.

Financial education class particpants, submit your essays online for the Money Makes a Difference Awards.