Here’s an interesting article I found on Forbes.com on how “Money Savvy Women Can Save the Economy.” It states that a growing body of scientific study suggests women can outperform men in everything from investing to gambling to politics. From Wall Street to West Bank, women are wired to make a significant difference. So why is that women, who make up nearly half of the workforce at 46.7%, only occupy 16% of Fortune 500 board seats and less than 3% of Fortune 500 CEO positions, according to Catalyst?
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Armed with financial skills and killer business instincts, money-savvy women can indeed take the economy by storm. Take a look at three ways women have financial edge that can shatter the glass ceiling.
Here’s are a few reason why how savvy women can save the economy.
1. Women are better investors. It’s been said before; now there’s more proof that confirms women are better investors than men. A recent study found that women’s risk averse attitude and conservative approach to investing achieves higher returns than men, and is ultimately a more successful investment strategy.
2. Women at the top are better for company culture. A majority of companies are still and Old Boys network at the top, but having women in leadership can fundamentally change for better.
3. Women in the boardroom are better for the bottom line. In addition to being better for company culture, women are great for company profits. The numbers back it up.
To read the entire article visit: http://blogs.forbes.com/moneywisewomen
