The Motherhood Penalty - Overcoming Financial Challenges Ep. 121

On this week's episode of the Moms Who Money podcast, Eileen dives into why 93% of women are stressed about money, touching on the wealth gap, caretaking responsibilities, and the need for robust retirement savings. She explains the Motherhood Penalty, how mothers earn 31% less than fathers, and face significant career and financial challenges due to unpaid domestic work and societal expectations.

 

Eileen provides actionable tips to build an emergency fund, automate savings, and contribute to retirement accounts, emphasizing the importance of taking control of your finances now. Remember, investing in yourself is the best investment you can make. 

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