Women are, however, very confident in other forms of financial wellness. Nearly all (90%) reported ease in activities like paying off bills and creating budgets (84%). While these financial maintenance activities are important, they don't prevent the two big interruptions that exacerbate the looming million dollar gap in wealth. The study found that temporary interruption in employment had a permanent impact on their income, with 21% reporting that they were payed less for the same work after returning to work. The other cost driver was healthcare. Another study from 2013 found that women are now paying $195,000 more, on average, for healthcare and extended care due to living longer than men.
Ellevest’s “What The Elle” Newsletter. The Ellevest site as a whole is my favorite resource for women-specific investment research and advice. They have content about the gender pay gap, how to invest responsibly, how to negotiate for a raise, and every financial topic in between. Their co-founder and CEO Sallie Krawcheck has a monthly newsletter called “What The Elle” that gives insights into everyday investing and financial advice for women.
Since the early 2000s RobecoSAM, a sustainable-investment specialist that assesses thousands of public companies on environmental and social criteria, has included measures of gender equality, such as equitable pay and talent management. After realising that in the decade to 2014 firms that scored well on these measures had better returns than those scoring poorly, it launched a gender-equality fund in 2015. Since then it has outperformed the global large-cap benchmark.
From what I've seen as a dude, the women who are most successful are the ones who are competent, confident, and drama-free. The biggest mistake I've seen is women trying to imitate men. It's a mistake, because what a lot of people think "men" act like is usually not how the most successful men act. You've almost certainly got a massively better ability to read people than your male peers, better soft persuasion skills, and you look better. Be pleasant, be professional, and most of the younger guys wont' care. Can't speak for the older ones.