eprivateclient has written about why the idea of ‘financial confidence’ does not fully reflect the realities shaping many women’s financial lives.
Commenting on the need for earlier and more relevant financial education, Antonia Felix, Partner in our Family team, noted that building confidence starts long before adulthood. We need to educate people when they are younger and include some of the more basic language in the school curriculum,” she said, explaining that this is key to challenging the social conditioning that can discourage women from taking financial risks. Antonia added that attitudes are beginning to shift: The narrative has slowly moved from encouraging women to engage with their finances to expecting active involvement. While we still have a long way to go, I think there has been a change in how women and finances are regarded.
Read the article in full (subscription required)