Despite women's advancements, they still bear the burden of childcare, leading to a "motherhood penalty" in the workplace. While fathers often receive a wage bonus for having children, mothers face reduced pay and potential career setbacks. Even in families where women earn more, they often do more unpaid caregiving work at home. The gender imbalance in caregiving persists even in the digital age, although hybrid work models may help mitigate the issue.
Due to societal factors like the gender pay gap and caregiving responsibilities, women often face financial vulnerability. To address this, it's recommended to establish a "f--- off fund," an emergency cash reserve that provides security and independence. This fund can be built through budgeting, aiming to allocate 15% of income, and seeking financial advice for long-term planning. By saving and planning wisely, women can improve their financial well-being and foster financial stability.
