Tag Archives: Women

Dads Who Do Dishes Raise Ambitious Daughters (and 4 Other Ways Any Parent Can Help Their Kid Succeed)

Flickr/Amelien Bayle

Flickr/Amelien Bayle

A recent study by UBC found that dads who do the dishes — and other household chores — tend to raise more ambitious daughters than dads who stick to more traditional (or, dare I say, outdated) gender roles and leave the kitchen duties to the women in the house.

I am not a mother (yet), but I’d say I’m a pretty ambitious daughter myself. And yes, my dad did do the dishes. In fact, he did them every single night. Coincidence? Probably. But sticking dad with kitchen duty isn’t the only way to raise daughters who want to take on the world. Check out a few things that could make a difference in my new post on WiseBread.

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5 Myths About Men, Women and Money

Flickr/Tax Credits

Flickr/Tax Credits

Ever since the dawn of time (or rather, John Gray), there has been one rather undisputed fact: Men and women are different.

Well, as it turns out, we’re not nearly as different as we like to believe (or were led to believe). In fact, recent research from Rochester University in New York found that among 122 different characteristics, men and women came up pretty equal. This means 1) that guys are just as likely to get lost while navigating new terrain; and 2) the only difference is they might not admit it.

And then there’s the issue of money management. If you comb through the research, the gender gap gets smaller and smaller on this variable, as well. Want to dispel a few myths about women, men and money? Read my new post on GoldenGirlFinance.com!

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Women and Wealth: It’s About More Than Money

Flickr/LatinaPower2009

Flickr/LatinaPower2009

Here’s how it’s supposed to go: You go to school, get good grades, get a post-secondary education and score a sweet job. Then you spend the next 30 or so years sweating it out and saving up so you can retire and do what you really want.

There’s just one problem…. Thirty years is a very long time to wait.

Research from a recent white paper by CFA Barbara Stewart suggests that unlike past generations, many of today’s women aren’t willing to wait. She interviewed 100 women around the world to find out how they’re spending their time, money and energy. What she found is that they’re adding a whole new dimension to the term “investment”. On top of stocks, bonds and real estate, they’re defining the time and energy they pour into their families, themselves and the causes they believe in, as investments, too.

Find out how women are making investments that don’t show up on a balance sheet…and financing their dreams now, rather than years from now, in my new post on GoldenGirlFinance.com.

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Women Running the Boardroom: 5 Female CEOs to Watch

Flickr/World Economic Forum

Flickr/World Economic Forum

In 2012, 18 Fortune 500 firms were run by women. That’s a pitifully small number… a paltry 3.6 percent. As brilliant and brazen as we know we are, why aren’t more women scoring those top jobs? Some have suggested that perhaps women aren’t aggressive enough. Or dedicated enough. Or willing to make the right kinds of sacrifices.

Maybe, but we think not.  Indeed, women who are in those top executive jobs are proving ‘em all wrong. They’re playing hard – and winning. Check out five female CEOs to watch in my new post on GoldenGirlFinance.com.

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The 3 Little Obstacles That Keep Women From Investing

Flickr/Jsome1

Flickr/Jsome1

We like to think that we’ve come a long way. After all, it wasn’t that long ago that women were relegated to kitchen duty and raising children. Other opportunities – any other opportunities – were few and far between.

Fast forward a few decades: Women now make up almost half of the workforce in Canada, and if the trend in the United States is any indication, they may be on pace to out-earn men in the not-too-distant future.

But in this wave of positive change, there’s one area where women appear to be a bit stuck. According to the 2012 TD Women Investor Poll, when it comes to household finances, the majority of women are clinging to the traditional role of budgeting and managing household expenses, leaving much of the retirement planning, investing and investment management to their male partners.

According to Sandy Cimoroni, president at TD Mutual Funds and executive sponsor of TD’s Women Investor Strategy, the things that have been holding women back when it comes to managing their own money haven’t budged since TD started gathering statistics on women investors 12 years ago. Fewer women than men are responsible for managing investments (32 percent vs. 49 percent), dealing with financial professionals (33 percent vs. 44 percent) and planning for retirement (30 percent vs. 38 percent respectively). And those behaviors have very tangible results. In households that are run by women, assets tend to grow more slowly, and are more likely to include a higher percentage of uninvested cash (23 percent) compared to households where men hold the money reins.

What gives? Find out in my new article on GoldenGirlFinance.ca: http://bit.ly/R3uTBm

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