The high street bank – which is competed with the likes of Santander, Lloyds, Natwist and the country – said women need to earn 40,000 pounds more than men annually to feel “rich” and financially safe.
HMRC issued a warning to women who earn less than 40,000 pounds. WThe high street bank – which is competing with the likes of Santander, Lloyds, Natwist and at the country level – said that OMEN needs to earn 40,000 pounds more than men annually to feel “rich” and financially safe.
The study found that women view an annual income of 232,000 pounds as a criterion for being “rich”, while men reside the bar at 193,000 pounds. “Women often feel financially weak due to the gender wage gap, the functional break to resist the provision of care, and work part -time,” said Fiki Reynal.
“This is likely to lead to their high visualization of wealth.” According to Vicky, this contradiction arises because “women may compare themselves to their peers, while men are against wealthy individuals, which leads to their perception of what it means to be rich.”
Read more of all changes that come to PIP under interest cuts – from eligibility to assessments
“Focus in the long term for women on financial security, which is rooted in historical and social factors, is its ambitious goals. It gives priority to saving and investing in stability.”
“The fact that women gain highlands now provide and invest more on a monthly basis than men indicate that when the low income barrier is removed, women put and achieve ambitious financial goals,” said Christopher Dean from HSBC.
“Providing designer support, including access to digital tools and educational resources, and if this may apply, is essential in helping the gap more,” Dean said. Women who gain more than 100,000 pounds usually are 559,000 pounds, as annual income should be considered rich, while men who earn 100,000 pounds, usually believe that a much higher amount of profits is needed as rich, at a price of 781,000 pounds.
The barrier was the most common to achieve the financial goals of low -income women, as a third (33 %) said that the main challenge they faced was not enough, compared to a quarter (25 %) of men.
The bank has wiped more than 2000 people across the United Kingdom to search in December 2024, consisting of more than 1,000 members of the population and more than 1,000 people getting 100,000 pounds.