rank-math
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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/newjerseylocalne/public_html/wp-includes/functions.php on line 6114For most women, not having enough money to get what they need is the main obstacle to reaching their financial goals. Many women have fulfilling professional lives, but they still face salary inequality.<\/p>\n
After 40 years of work at median wages, a woman would earn nearly $400,000 less than a man. The gender pay gap varies geographically, with Vermont women making 90% of what men do and Wyoming women making 65% of what men do.<\/p>\n
For women to increase their incomes, they will need to do more than take on additional work or sell their used goods on online marketplaces.<\/p>\n
Wealthramp is a fiduciary advisor matching platform, and GOBankingRates spoke with its CEO and founder, Pam Krueger, to learn the six best ways women may increase their wealth.<\/p>\n
You can’t sit around and hope that better pay or more opportunities will present themselves to you any time soon. Take charge, Krueger said; adopt a positive, proactive attitude.<\/p>\n
Make a list of your most notable achievements alongside the financial impact they had on the company if you want a pay increase. As part of doing your homework before wage talks, gather reliable salary data for your role and location.<\/p>\n
Look into any supplementary advantages you may be eligible for, such as a monetary award<\/a> for continuing your education. Make a request or provide a suggestion if there are perks you could use financially that aren’t already available.<\/p>\n If your firm provides them, these perks would include a Health Savings Account, a Flexible Spending Account, and a 401(k) with a 100% corporate match.<\/p>\n Besides these options, Krueger suggests “working longer,” delaying Social Security payments<\/a>, contributing as much as possible to retirement savings, and making use of long-term care services.<\/p>\nProfit From Useful Employment Resources<\/h2>\n
Consider Your 401(K) Plan Carefully (K)<\/h2>\n