Whenever I give financial seminars, married women often say, “My husband looks after our money.”
That doesn’t surprise me. After all, men score higher on financial literacy scores.
That’s according to findings from the 2018 TIAA Institute-GFLEC Personal Finance Index report.
Women also say they are less confident about investing. A 2018 study by Merrill Lynch and Age Wave reports that just 52 percent of women are confident investors.
In contrast, 68 percent of men felt confident about their investment abilities. A 2016 Wells Fargo survey found much the same thing.
But an increasing number of studies say women are better investors.
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