As you may know, I’m very passionate about women and money. As a breadwinner, and a daughter of a breadwinner, I know that women are taking over and are capable of so much. Yet, it seems that money is still tough to talk about.
I believe a part of it is because money is still so taboo and we fear being judged by our peers, our family, and our friends. Fidelity’s Money FIT Women Study found that 8 in 10 women have avoided financial conversations—saying that talking money is “too personal” or “uncomfortable.”
But there are other things at play, too aside from fear and judgement. The culprit? According to the study, it’s confidence. They found that 57% of Gen Y women say they are nervous about their financial decisions, compared to 58% of Gen X and 41% of Boomer Women. I can relate to this — sometimes I’m scared to ask for what I want or deserve. I’m too concerned with people liking me or doing the “right thing.” I’m wondering if I’m on the right track.
Luckily, Fidelity has come up with some awesome resources on how we can overcome this, take charge, and unleash our inner #Girlboss:
Where can young adults start? My.Money.Fidelity.com is a financial education website developed with the young adult in mind who is eager to get educated and build plans for the future. On the site, videos, articles, and graphics help provide quick, easy-to-follow education on personal finance topics, such as budgeting, saving, investing, spending, borrowing, and preparing.
Check out the video:
Lastly, check out their couple’s quiz, just in time for Valentine’s Day! 🙂
Let’s start a revolution! Let’s talk about money and empower ourselves and others to take financial control. Who run the world? Girls. We got this. Go on with your Flawless selves.