Financial Knowledge and the Gender Gap | Zendy

Ann Woodyard | Zendy; Cliff A. Robb | Zendy

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Financial Knowledge and the Gender Gap

Author(s) -

Ann Woodyard,

Cliff A. Robb

Publication year - 2012

Publication title -

journal of financial therapy

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.353

H-Index - 5

eISSN - 1945-7774

pISSN - 1944-9771

DOI - 10.4148/jft.v3i1.1453

Subject(s) - finance , context (archaeology) , business , financial services , financial analysis , accounting management , financial literacy , accounting , paleontology , accounting information system , biology

Financial knowledge has been identified as an issue of importance to individual financial wellness. The FINRA Financial Capability Study provides data that make it possible to assess financial knowledge, and to analyze it in the context of financial satisfaction and participation in financial behaviors that are generally considered positive. This paper looks at these relationships by gender and by age group, identifying key differences in outcomes and behaviors. The aim of this study was to identify areas and issues where policy makers can focus efforts, and where practitioners can develop education and therapy protocols to assist clients in financial development and restoration

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