From CNBC: 2024-10-21 12:15:25

Arizona residents rallied in Phoenix for abortion rights ahead of the November election. The issue extends beyond politics, impacting personal finance. Diana Greene Foster’s Turnaway Study analyzed the effects of unwanted pregnancies, showing economic struggles for those denied abortions. In 10 states, voters will decide on abortion access ballot measures, post-Roe v. Wade. The KFF Survey of Women Voters found abortion to be a top voting issue for women under 30. Low-income populations are most likely to seek abortions, facing increased poverty and evictions when denied. Financial impacts persist for years after denial, resulting in debt and decreased resources. The end of Roe v. Wade increases barriers to abortion access, leading to higher travel costs and potential financial strain for women. Medical advances, like ordering pills online, offer lower-cost options, but knowledge and resources are still needed for accessibility.

Read more: How abortion access can impact personal finance: Turnaway Study author