In assessments that reveal females to be less financially literate than males, is that space due to a lack of knowledge or an uncertainty? One current research study exposed that ladies tend to disproportionately respond "do not understand" to concerns measuring financial understanding, but when this reaction is unavailable, the space closes substantially.

In this episode, Mark tells the story of Monique Currie– a highly effective basketball player in college and the WNBA. In spite of all her talent and achievements, Currie has noted how ladies basketball gamers tend to be less confident than their male equivalents..

Lacking self-confidence when it concerns complex tasks, such as buying a varied portfolio or mapping out a monetary plan, can seem frightening to anyone of any gender, but are there techniques that can help you get rid of some forms of underconfidence?.

Mark speaks with Laura McDowell, a local director at Schwab. Laura is a LICENSED FINANCIAL ORGANIZER ™ expert, a Certified Financial Investment Management Expert ® ( CIMA), and an Accredited Investment Fiduciary ®( AIF). They talk about changing demographics, why some people suffer from impostor syndrome, and how to empower the next generation of women financiers..

You can read more about the study that shows females are frequently more experienced in financial matters than they believe in this working paper from the National Bureau of Economic Research Study ()..

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