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Motherhood as a Prism Shaping Financial Literacy for Retirement Among Generation Y Women

Author

Listed:
  • Li-Noy Green

    (The Faculty of Social Sciences and Education, Ramat Gan Academic College, Ramat Gan 5227528, Israel)

  • Anat Herbst-Debby

    (The Gender Studies Program, Bar-Ilan University, Ramat Gan 5290002, Israel)

Abstract

This qualitative study adopts a feminist perspective, delving into the cultural and moral dynamics inherent in financial literacy for retirement among Generation Y women in Israel. Employing the theoretical framework of gendered cultural schemas and focusing on the motherhood model, the research provides valuable insight into the social and moral forces that underlie young women’s financial literacy perceptions and actions regarding retirement in Israel. Based on interviews with 46 young Israeli-Jewish women from the Y generation, results underscore the significant embedded nature of the cultural model of intensive motherhood in young women’s financial literacy and their approach to retirement planning. This study emphasizes the role of culture in explaining gender inequality in retirement planning, shedding light on the role of young women’s agency operating within the boundaries of a gendered social structure. It calls for the inclusion of feminist approaches to enhance our understanding of social phenomena.

Suggested Citation

  • Li-Noy Green & Anat Herbst-Debby, 2025. "Motherhood as a Prism Shaping Financial Literacy for Retirement Among Generation Y Women," Social Sciences, MDPI, vol. 14(5), pages 1-23, May.
    • Handle: RePEc:gam:jscscx:v:14:y:2025:i:5:p:283-:d:1648350
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    References listed on IDEAS

    as
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    2. Potrich, Ani Caroline Grigion & Vieira, Kelmara Mendes & Kirch, Guilherme, 2018. "How well do women do when it comes to financial literacy? Proposition of an indicator and analysis of gender differences," Journal of Behavioral and Experimental Finance, Elsevier, vol. 17(C), pages 28-41.
    3. Annamaria Lusardi & Olivia S. Mitchell, 2014. "The Economic Importance of Financial Literacy: Theory and Evidence," Journal of Economic Literature, American Economic Association, vol. 52(1), pages 5-44, March.
    4. repec:ecj:econjl:v:122:y:2012:i::p:449-478 is not listed on IDEAS
    5. Carole Bonnet & Dominique Meurs & Benoît Rapoport, 2018. "Gender inequalities in pensions: different components similar levels of dispersion," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(4), pages 527-552, December.
    6. Uri Gneezy & Kenneth L. Leonard & John A. List, 2009. "Gender Differences in Competition: Evidence From a Matrilineal and a Patriarchal Society," Econometrica, Econometric Society, vol. 77(5), pages 1637-1664, September.
    7. Carole Bonnet & Dominique Meurs & Benoît Rapoport, 2018. "Gender inequalities in pensions: different components similar levels of dispersion," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(4), pages 527-552, December.
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