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More Women Prioritize Day-To-Day Expenses Because Of COVID-19

More Women Prioritize Day-To-Day Expenses Because Of COVID-19 Radnor, Pa., March 8, 2021 – One-third of women say they are struggling to make ends meet, according to new research from Lincoln Financial Group. The company’s January 2021 Consumer Sentiment Tracker found that while men are more focused on financial issues like the impact of taxes, stock market volatility and long-term-care expenses, women report the pandemic has resulted in a greater focus on their day-to-day finances (71%) ra...
United States Anita Grossman Kristen Phillips Grossman Financial Planning Group Group Women Inspiring Lincoln Financial Group

Black Americans Report Changing Financial Habits Due to COVID-19

Black Americans Report Changing Financial Habits Due to COVID-19 The racial wealth gap underscores a need for financial education and access to advice—something retirement plan sponsors can provide. Reported by Black Americans have been disproportionately impacted by COVID-19—and that’s also affected their spending and savings habits. While the coronavirus pandemic produced financial challenges for many American workers, Black consumers were impacted at more severe rates, a new study from...
United States Goldman Sachs Ayco Ericd Bailey Consumer Finances Lincoln Financial Group Black Americans

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