Women Tighten Belts, Boost Savings Amid Uncertainty

0:00It's April 29th, welcome to Durham News Today, powered by AI. Fidelity just dropped its 2025 Women in Money Study, serving 3,000 adults, and it shows women hitting the brakes hard on. Spending. 42% cut back on entertainment and non-essentials, 36% trim groceries and household stuff, and 34%. Ramped up savings amid inflation and uncertainty. Women are owning the Investing Game 2, outperforming guys by 40 basis points a year, according to Fidelity's earlier analysis of over 5 million accounts. But they're locking in these habits for the long haul, with 47% planning to save even more next year and 93% feeling, solid about keeping expenses tight. Still, the savings gap stings, with women averaging $47,000 in cash, versus $62,000 for men and emergency funds at $36,000 compared to $54,000. One in five women have zero savings, double the rate for men, and top worries hit bills

1:01at 46% and inflation at 43%. Economic pressure is trapping women in jobs too. 45% saying they can't balance even if they're unhappy, with lower engagement, and recognition, then guys. Fewer expect inheritances, so study paychecks rule over chasing dream gigs. This study spotlighting a real shift. Being getting disciplined with dollars while navigating gaps and tough choices, setting up smarter plays for, whatever comes next.