Suze Orman: Why many women struggle to save money [Video]

While women make up the majority of the college-educated workforce, data shows they continue to fall behind men in saving for the future.

Even in 2024, the gender pay gap remains an issue for working women in America, which leads to a lack of retirement savings and fewer options.

So we turned to nationally recognized personal finance expert Suze Orman for possible solutions. She told us, “Women say yes to everybody but themselves.”

The host of Suze Orman’s Women and Money Podcast says many women contact her for help only after going through a breakup and realizing their finances are a mess.

“I have thousands of emails about this,” she said. “Women say I have credit card debt for the first time in my life. I don’t have anything in savings.”

Alex Gailey, an analyst for Bankrate, agrees that part of the problem is the gender pay gap.

“Women earn 82 cents for every dollar a man earns,” she said.

A recent Bankrate …