What Is the State of Women & Money in 2023?

To get a complete look at women's financial standing in 2023, GOBankingRates surveyed over 1,000 American adults who identify as female about their financial obstacles and goals, career priorities and attitudes about money. Here's a look at what we found.

Women's No. 1 Goal? Covering Basic Expenses

After paying bills, the next-biggest priority is paying down debt.

Women's No. 1 Financial Stressor Is Inflation

Women who have kids are even more worried, with 41% overwhelmed by everyday expenses like groceries.

Most Women Are Not Investing

57% said they don't actively invest, with 33% citing lack of money as the reason.

Many Are Unhappy With Career Opportunities

34% cite lack of opportunities as their biggest career obstacle.

Majority of Women Have No Debt or Low Amounts

57% don't have student debt and 43% have no credit card debt. Most with credit card debt owe less than $2,000.

Bad Money Habits Galore

29% say they impulse shop, 21% say they don't budget and 10% say they order food too often.

60% of Women Are Financially Independent

In addition, 48% of partnered women make the household money decisions and 37% make joint decisions.

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