Women at the Age of 35 to 54 Tend to Face Bankruptcy
Category : Women Business, Women Career
The title above can be very discouraging for women at those ages, but I must assure you not to worry because it is only something based on a certain research which I am quite positive, does not apply similarly in every part of the world. Instead of being discouraged, I think you must consider this as an alarm that women today must think and work smarter either you are in the mentioned range of age or not.
The study said that the reasons to such bankruptcy are divorce and the death of the spouse. According to Keith Stevens, an accountant of Wilkins Kennedy Accountancy Firm, after divorcement or the death of their husband, most women feel depressed for their changing of lifestyle. Stevens also said that they don’t want the children to feel the burden of financial problems especially, after facing the fact that their parents are separated.
The research shows, after 5 years of divorce, the men’s income are mostly raised by 25 percent. On the contrary to women, their income decreased by 9 percent. The reason to this might be caused by the fact that the men are no longer obliged to pay for their ex-wives needs, while divorce women must learn to stand on her own, after relying on the husband for certain period of time.
Especially for housewives, besides being jobless, at the middle-age most women have children who are still at school-age; the age where they still need full attention and care. This adds the difficulty for moms in finding a flexible hour job. Another threatening fact, according to Stevens, is the demand for single lady workers is certainly higher, because they are considered to be more attractive as well as flexible, compared to single mom workers. As the result to that, those moms end up with low-paid job such as administrative work, catering, cashier, and cleaning service. Some even stay jobless. “It is true that many housewives today may have side-jobs, but without good business knowledge, such efforts will not be sufficient,” Stevens added.
Well ladies, were you still feeling discouraged after reading this article? I think it’s time for us get up and start to give extra time and attention to improve ourselves in many ways. So, either you are planning to grab your books and go back to school, or finding alternatives to increase your income, or doing many other things that could inspire others, just do it with perseverance and enthusiasm. And remember, it is never too late to learn.
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