Gender pay gap? What about the gender savings gap?


While many Americans are ill-prepared for a financial disaster, women are far worse off than men, according to a new study by BMO Harris Premier Services. The financial services firm says that men with any emergency savings have an average of $58,061 put away to deal with the situation, compared to only $33,558 for women.

In other words, women have roughly half the emergency savings of men.  Let that sink in for a moment.
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