According to a recent survey, men are saving more money than women. Men are putting an average of $7000 in the bank each year, while women are saving just $3100. The researchers concluded that the men don’t save more because they’re just wired that way. Instead, it’s because they typically make more money. As of 2024, women earn 85% of what men earn, on average, according to a Pew Research Center study. Men also have fewer career interruptions – like taking care of kids or elderly family members. Seems that gender gap in earnings – and savings – isn’t closing anytime soon.
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