When it comes to female financial literacy, there is good news and bad.
The bad news is that women are falling behind men, especially in an increasingly complex financial world. The good news is women are more aware of this shortcoming and can take action to bridge this gap.
During the Centre for Asset Management Research and Investments’ 3rd Women in Banking and Investments forum, the four panelists discussed issues pertaining to financial literacy and gender diversity, as well as shared their anecdotes about how they learnt to be financially savvy. The unanimous personality that all of them highlighted as their first financial mentor was their mothers, emphasizing the vital role women play in ensuring the transmission of financial literacy to their children.