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Almost half of American women fear becoming bag ladies, - Printable Version

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Almost half of American women fear becoming bag ladies, - chairman - 03-27-2013

Despite making enormous strides professionally and financially, almost half of American women fear becoming bag ladies, even many of those earning six-figure salaries, according to a new survey.

Six in 10 women describe themselves as the primary breadwinners in their households, and 54% manage the family finances, according to the poll by Allianz Life Insurance Company of North America.

Even so, 49% fear becoming a bag lady -- a homeless woman who wanders the streets of a city lugging her meager belongings in a shopping bag.

Most surprising, 27% of women earning more than $200,000 a year said they fear falling into such destitution.

Such concerns were most pronounced among single women (56%), divorcees (54%) and widows (47%). But even 43% of married women harbor such fears, according to the study.

Allianz polled more than 2,200 women aged 25 to 75 with minimum household income of $30,000 a year.

The study points up the conflicting emotions of American women toward money, and the disconnect among some between their generally promising financial reality and their deep-seated financial fears.


Re: Almost half of American women fear becoming bag ladies, - Nargis - 03-28-2013

its hard

more and more women are highly educated, hold prominent positions in companies and are single.

I was looking at real estate the other day and when i think about the amount of money I would have to shell out for a house....what money do i have left? its not to say that I dont make good money, but the amount you have to have for a down payment, mortgage, insurance, utilities, car insurance, food and you have to LIVE!

theres NO MONEY LEFT!

if you dont have a second income...how do you make it work?


Re: Almost half of American women fear becoming bag ladies, - ketchim - 03-28-2013

You need to talk to me :

There are options like your RRSP contributions that you can Use as a Downpayment :

Tax free and a 15 year repayment ..

PM me for further info ....

[quote author=~Coco~ link=topic=78702.msg491075#msg491075 date=1364479530]

but the amount you have to have for a down payment,


Re: Almost half of American women fear becoming bag ladies, - ketchim - 03-28-2013

[quote author=~Coco~ link=topic=78702.msg491075#msg491075 date=1364479530]

but the amount you have to have for a mortgage,
[/quote]

Variable rate versus fixed rate ....and Amortization period .

talk to me  Wink


Re: Almost half of American women fear becoming bag ladies, - ketchim - 03-28-2013

[quote author=~Coco~ link=topic=78702.msg491075#msg491075 date=1364479530]

but the amount you have to have for insurance,
[/quote]

Fire Insurance is all u need ....combined with your Car insurance :

get a volume discount ....can merge with your parents also for Cheaper .

talk to me  Wink


Re: Almost half of American women fear becoming bag ladies, - ketchim - 03-28-2013

[quote author=~Coco~ link=topic=78702.msg491075#msg491075 date=1364479530]

but the amount you have to have for utilities,
[/quote]

get a high effeciency Furnace rather than the low and medium most folks are buying !

Lets Shower together to save water rates .

talk to me  Wink


Re: Almost half of American women fear becoming bag ladies, - ketchim - 03-28-2013

[quote author=~Coco~ link=topic=78702.msg491075#msg491075 date=1364479530]

but the amount you have to have for food
[/quote]

Vegans are cheap to feed !

lets talk  Wink


Re: Almost half of American women fear becoming bag ladies, - ketchim - 03-28-2013

[quote author=~Coco~ link=topic=78702.msg491075#msg491075 date=1364479530]

the amount you have to have to LIVE!
[/quote]

In home DVDs rather than that rip off Cinema.

talk to me  8)


Re: Almost half of American women fear becoming bag ladies, - ketchim - 03-28-2013

Coco ,
see how easy that is .... :-*


Re: Almost half of American women fear becoming bag ladies, - Nargis - 03-28-2013

im too tired to respond to all those things line by line