Charles Schwab’s daughter on the ‘most disturbing’ trend in people’s finances

Young women are more likely to scrimp and hustle than young men, but their financial future is less secure.

Women report spending less per week than men on discretionary items — $98 versus $152 — and nearly three-quarters of young women said they held off on buying something so they could save more, compared to 56% of men, according to a survey of 2,000 people between the ages of 16 and 25 released Thursday by bank and brokerage firm Charles Schwab.

At the same time, women are also more likely to take on another job to make more money.

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