A few decades ago, the arrival of a baby was celebrated with an understated backyard shower or a pint at the local pub to wet the baby’s head. These days many expectant parents are anticipating the arrival of their bundle of joy with diamond bracelet “push presents” and elaborate “babymoon” holidays.
If the choice is between a nice piece of jewellery or a hefty super contribution that will ensure she’s no financially worse off in the long-run simply for starting a family, I know which gift most women would choose. Expensive gifts are lovely, but supporting her long-term financial independence is even better. While there are many factors that contribute to the disparity in superannuation between men and women, the most obvious culprit is the gender pay gap. A report from therecently revealed that, on average, women are earning 21.7 per cent less than their male colleagues, and retiring with an average of 25 per cent less superannuatio
Baby Celebration Financial Independence Gender Pay Gap Superannuation
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