MANY OF US, especially women, are taught not to talk about money. We're told it's rude, or crass, some kind of top-secret matter.
But experts agree that discussing finances helps normalize the topic, gives us ideas, motivates us to save, and makes complex situations less confusing.
Always down to discuss all things cheddar, we teamed up with our friends at Investopedia and built the Her Money Mindset Survey.
We posed questions to more than 2,000 women about how they think about money, what they do with it, what they'd like to learn to do with it, and more. Then we analyzed their answers.
Here's what we found, plus some advice for our survey
ON CONFIDENCE
SOME ADVICE
How to Get More
Money Confident Financial literacy-i.e., being informed about saving, investing, budgeting, managing debt, and spending wisely-is the key to feeling secure in your money decisions, says Anna Attkisson, senior editorial director at Investopedia.
"The biggest barrier everyone faces to becoming more financially literate is not knowing where to start," she adds. And if you weren't taught about money, taking that first step can feel especially overwhelming.
"You don't know what you don't know," Attkisson says. Her advice? "Pick one thing you think you don't understand and read a bit about it.
Doing one Google search or watching a couple of TikTok videos can only take you so far, but these can be baby steps toward financial confidence."
ON INVESTING
SOME ADVICE
How to Start Investing
If you're like the nearly 25% of respondents who said they want to learn more about it, follow these steps from Kathy Longo, a certified financial planner and the author of Flourish Financially.
This story is from the June 2024 edition of Real Simple.
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This story is from the June 2024 edition of Real Simple.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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