Despite living in an era of empowerment, many women still relinquish their involvement in long-term financial decisions. Why do so many women defer ownership of their personal finances?
Research by UBS Global Wealth Management (UBS) reveals that 85% of millennial women are more likely to leave investment decisions to their husbands—61% compared to 54% of older generations. This tendency can pose significant financial risks, especially in the event of divorce or the loss of a spouse.
Empowering Women Through Financial Literacy
Beyond physical health, financial well-being is a fundamental pillar of empowerment.
UBS found that couples who collaborate on long-term financial goals achieve better outcomes. Women who actively participate in financial decision-making report greater confidence in their future, fewer financial missteps, and reduced stress about money.
Financial literacy programs should be designed with cultural nuances in mind, addressing the specific challenges different demographic groups face in managing their finances.
What is $avvy?
The 2021 documentary $avvy, directed by Robin Hauser, follows the journeys of women from diverse backgrounds who lost control of their financial lives—and how they reclaimed their power. It explores the historical, societal, and cultural factors that have shaped women’s relationships with money, challenging long-standing financial stereotypes and encouraging women to take charge of their financial futures.
$avvy serves as a powerful reminder of the critical role financial literacy and independence play in achieving gender equality.
Historically, women have faced numerous barriers to financial independence, from wage disparities to limited access to financial education. The documentary delves into these challenges, examining the cultural and societal norms that have influenced women’s financial experiences. Through personal stories and expert insights, $avvy inspires women to take ownership of their financial well-being and build a more secure future.
MedPhysicals Plus: A Legacy of Community Support
Founded in 2012, MedPhysicals Plus has remained committed to empowering businesses and individuals—especially women. As a woman-led company, MPP understands that financial literacy is just as essential to women’s independence as access to quality healthcare.
Join us at the $avvy event for an opportunity to meet and connect with our founder, Jessica Roley.
Complimentary movie screening is sponsored by WIFS Alaska Chapter
✅ Join us on Wednesday, March 19, at 6:00 p.m.
✅ Z.J. Loussac Public Library
✅ No RSVP needed—admission is FREE!
Bring your mom, sisters, daughters, girlfriends, and coworkers for an inspiring and eye-opening discussion on financial empowerment.
Together, let’s celebrate the progress of women and continue paving the way for a healthier, more financially empowered future. It’s time to break the cycle of financial passivity and take control!