Do Financial Knowledge, Behavior, and Well-Being Differ by Gender?

Do Financial Knowledge, Behavior, and Well-Being Differ by Gender? Urban Institute. Brett Theodos et al. March 31, 2014.

Using the National Financial Capability Survey, the report examines differences among men and women in financial knowledge, behavior, and well-being. It finds that women are less financially knowledgeable than men. Women are less willing than men to take financial risks and have more credit cards than men. However, women are equally likely to pay their credit cards in full every month and are equally likely to save for retirement. More differences by gender arise when men and women are separated by family type. Unmarried women with dependent children are worse-off and likely have other financial stresses. [Note: contains copyrighted material].

[PDF format, 8 pages, 421.4 KB].

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