I am addressing this problem because I feel that it directly relates to me. I was reminded of the problem when I received a Google Alert with an article that appeared in “The Huffington Post.” The article indicated that financial literacy for women is problematic worldwide! I agree with the article, and one of my goals is to bridge the gap of financial understanding between men and women. With regular posts on this blog and social media, I believe that I can start to make a difference. I am an educator, and I will utilize my training and skills to incorporate changes to my lessons.
As a business computer applications teacher, I teach my students about careers. My students have a good grasp on earning money, but they fail to understand other important skills. We need to change the curriculum; so, more students can gain a better understanding of how money works. Changes which integrate financial literacy into a business curriculum should help females as well as males. The changes must start as early as possible because many elementary to secondary schools do not offer financial literacy classes. Consequently, many children become adults with poor understandings of finance.
Teaching money management to young females is important, but teaching them how to make better decisions is critical. In addition, an environment where females feel comfortable to ask questions about finance must be promoted. A lack of trust in banks and finance professionals must be overcome. Reducing the easy access to credit-regardless of the country, should also help bridge the gap. I am just one person, but I will do everything that I can do to improve females’ financial literacy. I would like to see women and money in a different light!
Do you think that there are enough people interested and/or enough resources to bridge the financial literacy gender gap? Please share your thoughts. Thank you.