“TFS Scholarships was inspired by my own father’s experience as an inner-city high school principal, and grew out of the realization that more could be done to support students searching for college scholarships,” said Richard Sorensen, president of TFS Scholarships. “For more than 30 years, TFS has helped students achieve their higher education aspirations by making it easier to find essential funding for college.”
October 14, 2018, JAKARTA –  An important editorial on widening women’s access to financial services by Taimur Baig, Chief Economist of DBS Bank and member of Women’s World Banking’s Southeast Advisory Council, has been published in a special IMF edition of The Jakarta Post. The 2016 Financial Inclusion Survey, carried out by the Financial Service […]

J.P. Morgan runs a recruitment programme called Winning Women, which gives female students the opportunity to discover the different areas of investment banking and learn about internships and the roles open to graduates. I recently participated in a networking event for the Winning Women programme, where I shared my experiences with students, and they also had the chance to meet female leaders from the bank and ask them questions about their careers.
It’s a phenomenon some money experts call “the female financial paradox”: Women are a growing economic force, expected to add $6 trillion in earned income globally over the next five years, according to new research by The Boston Consulting Group released in 2013. Yet many women lag behind men when it comes to using those assets to plan and build financial security for the future.

So, we decided that we needed something else to really complement what we were doing from generating this stream of income to then educate them in how to improve their living conditions. Especially my hope is that I can change—and I think we are changing—the lives of the next generation that is their children. So, with the foundation we're working, bringing students from universities in the U.S. and Europe to work with these families on literacy, on preventive health. We run a mentorship program as well—that's my way of paying back what I'm receiving here this week—where we motivate these teenagers to study an undergrad degree, to understand importance of education, to lift them out of poverty and generate opportunities not only for themselves but for their communities.


The most important thing you can do to change the investment gap is simple: Educate yourself. People who understand investing are less likely to be intimidated by it and more likely to do it. It’s not hard—you’re not trying to become a derivatives trader. You want to know whether you’re on the right financial track. Check out the articles on Investopedia or anything from Ron Lieber at The New York Times. (The one on how to win at retirement savings is great.)
2. In a team work, Woman are are worst performer, They are very good pal , sharing tiffin in canteen , going market along , but in case of official hiererchy, woman always want a man boss. I dont know what is the philosophy, but i seen, I felt- so I am writing. decision is in your hands. The result suffers due to poor co operation between the woman , and ultimately they blame to Glass Ceiling - that is not true.
But anyway, so I think the first thing is we have to say that is our expectation. It's our expectation that, you know, nearly everybody, 70% of the jobs in this state damn near are going to require post-secondary education, not necessarily a baccalaureate degree, but at least two years of education with a credential after high school, an associate's degree, some kind of stackable credential, a skill. Certainly the jobs at this organization are, certainly the jobs that you all are creating as entrepreneurs and leaders require skill and knowledge.
MS. URZAIZ: I'll say four words: More women in power. I think we need more women, whether it's holding public office, whether it's in business, whether it's, the person I'm trying to make a decision at Lowe's to whether to buy my hammocks or not. Just those decisions where it's just decision-making positions we need more women because women relate better to other women. No offense to the men here, but it's easier to make that connection, to know that they have our agenda at first when they make those decisions for policy, for so many things. Just more women in power I think is what will get us to the next level. So many policies have been put in place, but now we need women making those decisions and driving those decisions.
Take, she said, a feature like tax-loss harvesting, a feature that involves selling losing investments so that investors can write off the loss on their taxes. It has become a standard on some new online investment platforms. "It's very in the weeds and technical," she said. "I have been in the industry for [a long time]. ... I've never had a woman ask me about tax-loss harvesting."
Break the silence on money. " Our study found that 61% of women would rather discuss details of their own death over money topics ," Sabbia said. "This is impeding women’s financial empowerment and preventing them from taking needed action to build up wealth." Sabbia suggest that women with more advanced knowledge should encourage and lead open discussions with other women about financial and investing goals, concerns and fears.  Discussions could be in and outside of the workplace, by holding "investing 101" events or even more casual and intimate small group coffees or dinners. That sort of venue could help encourage women to share investing success stories, advice and actionable tips for getting started.
In any investment strategy led by a single issue there is the risk of overexposure to certain industries or companies. Lisa Willems of AlphaMundi, an impact-fund manager, says she tells clients who ask for a “gender fund”—as an endowment did recently—that gender “is a lens, not a bucket”. In other words, it should not be regarded as an asset class in itself.
The solution for this problem is exactly what you said, Diane: “Women need to see themselves in these roles, know they can develop the necessary skills…” and it applies not just to finances but to sciences in general. But, fortunately, brave girls navigated in this not-known sea, breaking into it and them showing the way to the others. Here in Brazil there is a community called Meninas Olimpicas (Olympic Girls) which tries to correct this boys majority in the Scientific Olympiads by incentivizing girls to participate “head on” of them. In order of accomplishing this mission, they post depositions of girls who achieved great success in these competitions.
So, if you choose, you can direct your money at Ellevest to funds that invest in companies with more women leaders, and with policies that advance women. Companies that provide loans to support women-owned businesses and companies that provide community services — child education, performing arts, housing and care for seniors and people in need. Companies working to meet higher standards for sustainability (which has a greater effect on women) and ethical practices (same).

That brings me to the final part that I believe is essential for young women like me to understand more about the industry, which is work experience. Unfortunately, I have not yet had the opportunity of working in the finance industry. However, it has always been my aspiration to do so, and I hope to craft my academic career to achieve this. Also, I plan on participating in KWHS’s next investment competition to gain some hands-on (although at the same time theoretical) experience and insights on the area. I am keen towards broadening my horizons and learning more about the asset management and finance industry; it truly does seem to be an amazing yet intriguing topic.
MS. HAILE: Finance being the major constraint, I don't think it's the only one. Of course, we'd have to design strategies that women have access to finance. But again, women entrepeneurs being community caretakers, there's so many obligations in place with playing multiple roles. I believe that the business environment has to be women- friendly, starting from the policy. So, everything has to be there for them to start and to expand their business for those—particularly the young ones, who also want to start new businesses. So, equally important as finance, I believe there are so many constraints that hamper women to expand in business or start a business. The cultural barriers when it comes to my country and in our continent and elsewhere. The access to markets, the information available, disposable at their facilities close to them because of the particular role they're playing. So, I believe we have lots of things to do. And at the moment I'm here now being part of the Global Ambassadors Program I sincerely would like to thank Bank of America. I don't think many do it like this, partnering with institutions like Vital Voices .
The most important thing you can do to change the investment gap is simple: Educate yourself. People who understand investing are less likely to be intimidated by it and more likely to do it. It’s not hard—you’re not trying to become a derivatives trader. You want to know whether you’re on the right financial track. Check out the articles on Investopedia or anything from Ron Lieber at The New York Times. (The one on how to win at retirement savings is great.)
“It’s a bit like learning to cook: I didn’t need to do it when I was growing up but I suddenly realised you didn’t have to be a brain surgeon to do investing,” he says. “I can understand it and understand how much risk to take. I moved from shares to shares and property to a portfolio that includes hedge funds, property funds and a small amount in commodities,” he says.
So, it was, it was an amazing experience. We went through her business plan. You know, I have a finance background so most of the work we did was on the finance side, helping her focus a little bit more. She was a social entrepreneur who donated a lot of her time and energy to her community. So, for a year we never physically met. We spent time on Skype and on e-mail. You know, as mentors we just assume that we are giving, but we learn so much from each other, and when Zoe, I can't refuse anything to Zoe, when she reached out and said you know what? " Vital Voices is looking for Global Ambassadors, do you want to donate one week of your time?" So, I'm actually on leave. So, I'm not here for UN Women, I'm here for myself. I thought it was important that as women that we share our experience, that we empower others. That's how we move the needle. As you know, women empowerment we've been talking about it for years. You know? Beijing 1995 when Hilary Clinton said women's rights is human rights, and Beijing plus 20 as we call it, and we are still talking about the same issues. And the power of partnership, you know, for us it's critical that as individuals that we give back, that private sector, banks, also participate in this global agenda. The world has set up some objectives that you might want to Google, it's called Sustainable Development Goals that we want to all reach by 2030. There are 17 of those. If you only have to remember two there's number 5 which is gender quality, and number 17 which is partnership. We cannot do it separately. Public sector, private sector, and of course civil society organizations have to partner.

You should not have any credit card debt. This means you pay off your credit card balances in full every month. Why credit card debt in particular? Because if you aren’t paying that off every month, you aren’t making enough to support your basic living expenses. Once you get a budget that keeps you out of the red on a monthly basis (excluding debt like student or car loans), then you can start thinking about investing. (If you have credit card debt, try our Get Out of Debt Bootcamp.)
MARCH 8th, International Women’s Day, always brings a flood of reports about gender inequalities in everything from health outcomes to pay and promotion. But one gap is gradually narrowing: that in wealth. As money managers seek to attract and serve rich women, and as those women express their values through their portfolios, the impact will be felt within the investment industry and beyond. 

Because women are more inclined to do research and more likely to exhibit patience than men, they’re well equipped to take the same disciplined approach to selling as they do to buying and are less prone to unloading their stocks during a market panic. Ketterer suggests establishing triggers that prompt the reevaluation of each holding. A trigger could be a set date (say, at the end of a quarter or the end of a year), or it could be a specific rise or fall in the share price. Ketterer sets a target price for each stock she buys and reevaluates it when the price approaches that level. A falling stock price is not a reason to sell, she says. But it may indicate that your initial analysis was flawed and requires review. “The greater the frequency of review of a company, its industry and the economic environment, the better,” she adds.
Because women are more inclined to do research and more likely to exhibit patience than men, they’re well equipped to take the same disciplined approach to selling as they do to buying and are less prone to unloading their stocks during a market panic. Ketterer suggests establishing triggers that prompt the reevaluation of each holding. A trigger could be a set date (say, at the end of a quarter or the end of a year), or it could be a specific rise or fall in the share price. Ketterer sets a target price for each stock she buys and reevaluates it when the price approaches that level. A falling stock price is not a reason to sell, she says. But it may indicate that your initial analysis was flawed and requires review. “The greater the frequency of review of a company, its industry and the economic environment, the better,” she adds.
The area where you might run into some issues is once you move up a bit. Not every guy reacts well by being told what to do by a woman. The best way to mitigate that isn't to do what some of my military peers did and react by trying to bark out harsh orders, since that usually comes across as being fairly obnoxious. A more pleasant and collaborative tone can go a long way...for most dudes as well.
Be judicious about reporting it. If it happens during an on-campus interview, talk to your college career office. They’ll determine how to address it with the company and can anonymize their report. It’s harder to report harassment if it happens at an informal event and you’re not an employee of the firm. As much as I hate to let guys get away with this behavior, you may have to let it go for the time being if that’s the case. Calling the firm to report him runs the risk of branding you as a potential liability – but you can tell other women in your network about it so they know to watch out.
4. Hire a financial consultant. Consulting with a professional investment counselor can give you an edge in creating your investment portfolio. Using a mutual fund is a way to hire a financial consultant without spending a lot of money upfront. Financial consultants can sometimes be fallible, which means you should always take an active role in your investments. For more information on how to begin this process, read Hiring the Ideal Personal Finance Advisor.
According to the Boston Consulting Group, between 2010 and 2015 private wealth held by women grew from $34trn to $51trn. Women’s wealth also rose as a share of all private wealth, though less spectacularly, from 28% to 30%. By 2020 they are expected to hold $72trn, 32% of the total. And most of the private wealth that changes hands in the coming decades is likely to go to women.
Many women reserved their ire for the "F" word: family. Male bankers with families are feted as breadwinners, said one. "There's still the assumption - often made by senior bankers with stay at home wives -  that a woman's income is the secondary income," she said. In reality, this often isn't the case: "Almost all the senior women I know in finance have househusbands, but they're not going to broadcast that fact."

Female Financial Year

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