The Biggest Financial Mistake Women Make

In The News

By Arielle O’Shea

Financially and otherwise, the deck tends to be stacked against women.

The wage gap, which stood at 20% in 2017, is the most blatant example of that. If current trends continue, that gap is unlikely to close in the U.S. for another 40 years, according to an analysis by the Institute for Women’s Policy Research.

While they wait, women might aim to close a gap over which they have more direct control: the investing gap. When compared with men, women are much less likely to invest their savings ” and we miss out on significant wealth as a result. In a recent survey from Fidelity Investments, only 29% of women said they see themselves as investors. That needs to change.

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