4 ways to become a financial feminist and empower women
Sep 15, 2021 · Women universally lag behind men in financial literacy, which impacts their ability to make sound financial decisions, participate in the stock market, plan for retirement and build wealth. Her recent research found that one third of the gender financial literacy gap can be explained by women’s lack of confidence. Her paper concludes that ...
Women’s financial literacy benefits us all — here’s how
Feb 24, 2022 · In 2020, Togo recorded its highest ever financial inclusion rate (81.5%) among West African Economic and Monetary Union countries. Its National Fund for Inclusive Finance, targeting women and youth, has benefited more than 832,000 women. In the past eight years, they have made up 71% of the total number of beneficiaries and received 59% of the ...
Women's financial literacy can create long, fulfilled lives | World ...
Apr 9, 2024 · 1) The freedom to restructure our 100-year lives starts with financial literacy. Only 33% of the global population is deemed financially literate, and rates for women are disproportionately lower than for men in almost every country and every age group in the world. This literacy lacuna, among other factors, is causing people worldwide to ...
5 digital inclusion projects helping women's financial literacy
Apr 18, 2024 · 2) Helping low-income entrepreneurs in Latin America. Women's startup activity was 10.1% in 2022, according to UN research – 80% of men's rate of 12.6%. Their established business rate was 5.5%, which is 68% of men's at 8.1%. This highlights a widening gender gap in entrepreneurship and shows women face hurdles when starting businesses, but ...
Money matters: Your guide to financial literacy
May 3, 2024 · The World Economic Forum’s Financial Literacy Initiative aims to increase access to financial education and investing practices. The world of finance can be a complex place, but it’s important to develop a basic understanding of the influential role money plays in our work, social life, health, education and everything in between.
Half of US adults lack financial literacy, survey shows | World ...
Apr 24, 2024 · In the US, financial literacy is hovering at around 50%, according to an annual survey, with the EU also under-performing. The World Economic Forum’s Future of Capital Markets initiative is promoting responsible investing across the retail investor ecosystem. April is Financial Literacy Month in the US, so here’s the latest on why our ...
3 insights for successful financial literacy initiatives
Sep 25, 2023 · Financial inclusion, in its entirety, is access to, and use of, quality, affordable financial products and services that lead to financial wellbeing. Over the past decade, the access component of inclusion has significantly improved. Today, 76% of the global adult population has a bank or mobile money account, up from 51% in 2011.
Women Initiatives Financial Literacy Fellowship | World Economic …
Problem Statement:The gender gap in financial inclusion is found in both emerging and advanced economies with well-developed financial markets. Across geographies, financial illiteracy is a challenge that disproportionately affects more women than men. Gender disparities in financial literacy compounded women's difficulties in securing their financial future and well-being and …
How access to financial services can transform women’s lives
Mar 18, 2024 · Kate Whiting. The Unjust Climate, a new report from the UN’s Food and Agriculture Organization, finds rural women are being disproportionately impacted by flooding and heat stress. At the same time, more than 700 million women lack access to formal financial services, says President and CEO of Women’s World Banking, Mary Ellen Iskenderian.
Women are poised to reshape the financial services industry
Jun 7, 2024 · Image: Getty Images/iStockphoto. Women have the power to fundamentally reshape the financial services and investment landscape, as both investors and from within key financial institutions. An estimated $700 billion could be unlocked by financial institutions by better-serving women as investors. There is evidence that women overall make better ...