We live longer and earn less, on average. That changes how we need to save.

ou know how to run a meeting, give a kickass presentation, and code an app that you’re developing on the side. But investing? Chances are you could do more.

For various reasons, investing continues to be dominated by men, and financial literacy tends to be lower among women, despite the fact that being a savvy investor is an important skill for anyone of any gender. According to the TIAA Institute – GFLEC Personal Finance Index, men showed higher financial literacy than women, answering more questions correctly (21 percent of men answered 75 percent of the questions correctly, compared to just 12 percent of women).

The results, while frustrating, shouldn't be surprising. Women are hit with a double whammy: Not only is personal finance and investing rarely taught in schools or at home, but women are often discouraged from talking about or managing money.

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31 January 2019