Gender gap in financial wisdom

Today, I heard on CNN NEWS about a study researching a gender gap in financial wisdom. According to this study, women look for help and advice when they are already in financial troubles while men seek out financial advisors to avoid those troubles and plan for the future. Men follow the developments on the stock markets at a higher rate than women and men also are more likely than women  to pay off their credit card bills in full every month.  

It seems that many women could really benefit from the services of a Money (Life ) coach.

The study was done by Financial Finesse, a provider of financial education programs. Read more details  .

Christiane is Life Coach and teaches Psychology at a Community College in Massachusetts. Her website is Sign up for her newsletter.