In Our Best Interest: Women, Financial Literacy and Credit Card Behavior
Prepared by the FINRA Investor Education Foundation, this study finds that women with low levels of financial literacy were more likely to engage in costly credit card behaviors than men with low financial literacy. The findings suggest that increasing financial literacy can improve credit card management and reduce or eliminate gender-based differences in credit card behavior (released April 2012). The study is based on data from the 2009 National Financial Capability Study.
URL:
http://www.finrafoundation.org/web/groups/foundation/@foundation/documents/foundation/p125971.pdf
What We Do
NCRW is a network of leading university and community based research, policy, and advocacy centers with a growing global reach dedicated to advancing rights and opportunities for women and girls. We also have a Corporate Circle comprised of senior diversity professionals from leading U.S. and global member companies and a Presidents Circle of college and university leaders who share our commitment. NCRW harnesses the collective power of its network to provide knowledge, analysis, and thought leadership on issues ranging from reducing women’s poverty to building a critical mass of women’s leadership across sectors.
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