She has done extensive research on the topic of women and financial literacy. Based on your research, what is the current state of financial literacy among women? The areas with the biggest gap are investing; insuring, which includes both insurance products and things like emergency savings ; and understanding risk—for example, the risk of investing in a single asset. To what do you attribute the gap? Women are less confident than men, even when they are correct. Being cautious is very, very good, but there is a difference between being cautious and being fearful, which can affect investing in the stock market. What can we do to address the confidence gap?
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It wasn't always easy to find scholarships for women, but today there are many sources for free financial abet for women who want to chase higher education. In fact, currently around are more women than men attending college and opportunities abound for women across many schools and majors. A good number noteably, there are some fields anywhere women are considered to be underrepresented - such as in STEM Art, Technology, Engineering, Math fields. If you happen to be a woman who excels at and is interested all the rage a scientific major or concentration, this could be a great opportunity designed for you as technical schools work en route for get more female students on property and in their labs. Additionally, around are many philanthropic organizations who are specifically targeting this demographic and agreement scholarships for women aspiring to careers in engineering, computer science and a lot of other similar fields. Many scholarships are created with a specific purpose - whether it is placing females all the rage science programs, leadership positions or complex degree programs.
Designed for many years now, women have been contributing immensely in every sphere. But, despite this women often take a back seat in managing finances before taking financial decisions. Most women athwart the world would not take a financial decision without consulting a manly member of their family, such at the same time as a husband or a father. At the same time as smart women of today, every female needs to start paying attention en route for managing her finances. The key en route for this change lies in a adjust in mind-set. Therefore, we present a few tips for the smart woman accordingly she is better capable of administration finances on her own.