In this economy, women are controlling more dollars than ever before, as they face a lower unemployment rate compared to men. While men over 16 years old comprised of 72,307,000 of the employed in January, the unemployment rate for men was 10.8 percent, according to data from the U.S. Department of Labor. Only 65,292,000 women had jobs in January, but the unemployment rate for women was 8.6 percent, under the national average of 9 percent.
While money mistakes affect everyone, some typically affect women more often. Whether you’re investment portfolio puts a smile on your face, or you’re struggling to crawl out of debt, it’s important to know where financial pitfalls lie so you can make better use of each dollar.