Have you invested before? Maybe in property, the share market or cryptocurrency? Chances are, if you answered no and you’re female, you’re not alone.
Research shows that women have always been behind in the investing game, and not necessarily through our own fault. Societal conditioning meant that in the past, women were less than likely to be the breadwinners or have an income of their own and therefore tended to be left out of the financial discussions.
But this isn’t a depressing story about women’s inequality. In fact, it’s rather empowering. While we may have started on the back foot, studies show that women are beginning to have more say in their finances. With more women in the workforce and having financial independence, paired with growing educational resources and easy to invest platforms, it’s simpler than ever for women to take steps towards building their wealth.
According to a Forbes article, women investors consistently outperform men. Studies show that women spend more time researching their investment choices and take a more level-headed approach to investing. When it comes down to it, women are more likely to play the long game, rather than chasing trends and constantly trading shares. Historically, these make for better investing outcomes.
So we’re better investors, but why else should we start thinking about investing for our future? Victoria Harris, co-founder of The Curve, points out that women are known to live longer, some take time out of the working