Article By: Christine Roberts MBA/CEO
Contributing Writer

As we just wrapped up Women’s History Month, I want to extend a heartfelt reminder to each of you: toremain encouraged. The strides we’ve made, the challenges we’ve overcome, and the successes we’veachieved as women deserve recognition not just in March, but every day.
Now let’s get to the good stuff!

In today’s world, where women are breaking barriers and excelling in various fields, one significant aspect often overlooked is financial literacy. Studies have shown that women tend to have less confidence in financial decision-making compared to men, leading to a “confidence gap” that can impact their long-term financial well-being. According to “43% of women don’t have confidence about their long-term savings.” However, there is a beacon of hope in the form of tailored financial education programs designed specifically for women. These programs aim to bridge the confidence gap and empower women to take control of their finances and plan for their futures.

Financial literacy is more than just understanding numbers; it’s about making informed decisions that can shape one’s financial future. Unfortunately, women have traditionally been underrepresented in financial education initiatives, leading to disparities in financial knowledge and confidence. However, the tide is turning, and organizations around the globe are recognizing the importance of addressing this issue head-on.

One such organization is the Women’s Financial Education Initiative which focuses on providing comprehensive financial education programs tailored specifically for women. Initiatives like is a non-profit organization dedicated to providing financial education and resources for women. WIFE not only addressing the knowledge gap but also tackling the underlying confidence issues that often hold women back from taking control of their finances. According to a study by the National Bureau of Economic Research, close to 80% of women struggle with low self-esteem and self-advocacy, leading to Women in America still being 35 percent more likely than men to be poor in America. But, by creating a
supportive environment and fostering a sense of empowerment, these programs are changing lives and shaping futures.

One of my favorite grassroots organizations for information is The Budgetnista, founded by Tiffany Aliche is on a mission to make financial education accessible to women worldwide. She helps you “Get Good with your Money.”
In addition to grassroots initiatives, policymakers and financial institutions also have role to play in promoting gender equality in finance. By incorporating gender-sensitive approaches into financial education curricula and offering targeted resources and support, we can create an environment where women feel empowered to make confident financial decisions., the U.S. government’s website is dedicated to financial education, and offers a section specifically focused on resources for women.

But it’s not just about education; it’s also about representation and accessibility. Women need role models and mentors who can guide them on their financial journey. That’s why initiatives like mentorship programs and networking events play a crucial role in empowering women to thrive financially. I am personally privileged to be a part of such a program sponsored by Goldman Sachs with education and business mentorship provided by NY Stern. In 2021 Goldman Sachs launched an initiative; One Million Black Women to offer the opportunity to address, racial wealth gaps. According to their
research, “reducing the earnings gap for black women has the potential to create 1.2 to 1.7 million US jobs and increase the annual US GDP by $300-$400 billion. I recall a quote from Oprah Winfrey “A mentor is someone who allows you to see the hope inside yourself.” For many women adding this piece to your financial journey can be a game changer.

I will leave you with this to ponder …empowering women through financial education is not just about closing the confidence gap; it’s about leveling the playing field and creating opportunities for women to thrive. By investing in tailored financial literacy programs, supporting mentorship initiatives, and advocating for gender equality in finance, we can build a future where every woman has the knowledge, confidence, and resources to achieve financial independence and security.

Let’s create a generation of women who are empowered to take control of their financial futures.If you have questions or want to chat about all things money … visit our website and connect!

By Published On: April 1, 2024Categories: Financial Women
Christine’s education includes dual Bachelor’s Degree in Accounting and finance and dual Master’s in Business Administration and Accounting . Christine spent 20+ years in Business with roles as a Chief Revenue Officer, Chief Operations Officer, and Chief Executive Officer. As an Entrepreneur, Christine founded Intention Enterprises ,a business services company supporting small to medium organizations from inception to sustainable growth. Supporting organizations in business formation to financial fundamentals and training . Intention Enterprises provides services that makes its clients more efficient, more effective, and more profitable while helping them reclaim time! Christine also facilitates educational workshops.

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