Many forces affect our financial health: some within our control, and others outside it (like interest rates set by the United States Federal Reserve System). As interest rates are raised to combat inflation, you'll begin feeling it on larger purchases like cars, furniture, and home expenses. Though these rates aren’t in your control, you can prepare for the changes they bring.
Women are more vulnerable to financial insecurity because they typically live longer, have more breaks in their employment and earn less. Making the right financial decisions is therefore crucial for all women, from Social Security to the rest of their retirement planning. Technically speaking, Social Security is gender neutral.