Women’s Other Economic Gap: Financial Acumen

Women have started to stake their claim in the home and the workplace, but in one area they are remarkably absent—their own finances.

As women become bigger contributors to household income, they have the opportunity to take a more prominent role in making family financial choices but aren’t yet stepping up to the plate. Part of the problem may be a lack of acumen, but fear and stereotypes don’t help. Researchers have even given this phenomenon a name: the gender gap in financial literacy. It is hard but not impossible to…

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