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I'd like to start by saying that these are my personal thoughts, you are free to believe otherwise.
Women are more compassionate, thoughtful and open-minded. This is why we make financial decisions that don't allow us to lose sight of the things we most value. For most women, investing isn't just about making money.
It's about being in the position to not only thrive but also to give back β and what that means is different to each person. Some may want time to volunteer, and others may want money to donate.
I started reading Financial Feminist by Tori Dunlap, thanks to the helpful suggestions on my last post, and I couldn't agree more on her views about this.
I have only started teaching myself about finance and already my goal is to create a better future for myself AND THOSE WHO ARE DEAR TO ME.
I have noticed that men tend to have a scarcity mindset, they just want to grab onto all the money they can get their hands on and they surely "make a taller fence". Also, they seem to go all in when in comes to investing.
Women also tend to be more cautious about taking risks, so they invest less aggressively. However using a more consistent investing approach, even if it's slower, can be ideal and give better long-term results.
Feel free to share your thoughts if you don't agree, let's enlighten each other with constructive conversations.
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It's often cultural.
I'm about 10 years younger than you, and it's one of the things that I know more than a few women who were raised very differently (especially in Christian households), because they boys were raised to get jobs and make money and the girls were expected to get married and raise babies. So the parents focused on different things for children of each gender, and often denied specific information to their children, even if they wanted to learn, if they felt like that learning would lead to rebellion or the kid getting ideas.