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Your Daughter Will Thank You for Teaching Her These 5 Financial Lessons

Getty Images Mother’s Day arrives this year amid mounting financial difficulties for women and girls. COVID-19 has driven millions of women, particularly mothers of young children, out of the workforce, leading to disproportionate female wealth loss and some of the highest unemployment rates for women seen in the 21st century. I’ve seen this firsthand in my work helping young people at Albert, a personal finance app whose customers (which skew 20-something and female) can text me and the other Geniuses for financial guidance. Since the pandemic started, I’ve gotten frequent messages from young women who are navigating unemployment or underemployment while simultaneously struggling with credit card debt, student loans and everyday costs, such as rent and groceries.

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