On average, Australian women are still earning 18 per cent less than their male counterparts, and are likely to retire with up to 40 per cent less super than men.
VicSuper has created the Super Woman Money Program to help women manage their money.
Barbra Norris, chairperson of VicSuper, said the program is committed to the education and financial welfare of women.
“It’s clear that the more we can do to assist women to overcome the financial issues associated with lower wages and time out of the workforce, the better off we’ll be as a society,” she said.
The program encourages women to think ‘SMART’, by Specifically thinking about what they want, Measuring what they’ve got, setting Achievable goals, being Realistic, and thinking about the Time you have to make it happen.
The program includes 12 emails a week full of articles written by super experts, covering topics like debt, investment, budgeting, insurance, and superannuation, and practical tips for money management.
The program also includes a variety of seminars. Four events have been organised for Melbourne in the next few months, and will be available online:
- 14 August: Money bootcamp – How to to save fast & build your own spending plan
- 3 September: Girls just wanna have funds – Planning your (female) finances
- 9 October: Super for every Super Woman – Get the most out of your superannuation
- 22 October: What women want – Investment strategies for women
Vic Super has also put together over 300 easy tips help you save every day.
Find out more about the program here.
