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The Conversation
The Conversation
Lifestyle
Lila Rabinovich, Social scientist, USC Dornsife College of Letters, Arts and Sciences

There’s a financial literacy gender gap − and older women are eager for education that meets their needs

Knowledge is power − especially where money is concerned. Rockaa/E+/Getty Images

Every day, families across the U.S. have to make difficult decisions about budgeting, spending, insurance, investments, savings, retirement and on and on. When faced with these choices, financial literacy – that is, knowing how to make informed decisions about money – is key.

Yet, Americans in general aren’t very financially literate. And recent research suggests women are less financially literate than men, regardless of their schooling, income or marital status.

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