I frequently hear women tell me they struggle with maths and don’t understand finance.
They often have a real mental block about dealing with financial issues.
This isn’t due to lack of education or absence of common sense.
I hear these comments from very clever, bright, articulate, sensible women who are working at the highest level within their profession.
Yet, despite their level of education, despite how much they have achieved in their chosen professions and careers, these women are convinced they can’t do maths.
Because I specialise in advice to women I have no way of knowing whether it’s just women who feel this way or whether it’s only women who admit to this.
My theory is that it’s to do with the difference between male and female brains, and that the way we’re taught maths in schools resonates more with a typical male brain than a female brain.
If that’s true then obviously my brain is more male than female. Wonder what that says about me!
Due to their lack of confidence, women will often put off financial planning, because they’re not sure what to do and don’t feel comfortable dealing with a financial adviser.
That will have a severe impact at a later age if insufficient money has been saved for retirement.
In order to address this issue and help women to feel more confident about their finances I have written my first book; The Wealthy Woman: A Man is Not a Financial Plan.
The aim of the book is to show that actually dealing with your finances isn’t complicated if only someone would explain it to you and show you how- in a language you can understand, without jargon.
The book highlights how taking small steps on a regular basis can lead to a significant increase in your wealth, and will be equally relevant regardless of how much wealth you have to start with and what level of income you have.