Study Finds Women More Financially Fragile Than Men Due to Pay Inequality
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Nearly 6 in 10 women live paycheck to paycheck compared to 41% of men according to a recent study.
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Women represent two-thirds of those considered financially fragile, lacking financial slack or support.
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Heightened financial fragility has eroded women's trust in financial institutions.
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Women were found less trusting of financial institutions than men.
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Experts say women are bearing the brunt of financial stress due to historical pay inequality.