It’s time to drastically rethink our interpretation of financial knowledge

A large proportion of the population is uneducated in investing and finance. The majority of parents think that is the job of schools to teach children how to
use money properly and say they avoid talking to their children about money for fear it worries them. Sadly, too, there is still a big disparity between the way girls and boys are taught about money. More boys are taught to set financial goals, while girls still learn about how to manage the household budget. The result is a huge confidence gap between men and women with regard to investing and finance. Responding to this need, there has been a particularly big growth in female-orientated advisers, such as the SavvyWoman, Evolution for Women, The Talented Ladies Club, Miss Lolly, and Mrs Moneypenny.

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