Most financial professionals know that women and men tend to have very different approaches to managing their money. A new study points up one difference: Women want more advice on dealing with their finances, but they often think the subject is too personal to discuss.
According to the Fidelity Investments Money FIT Women Study, 92 percent of women want to learn more about financial planning, but 80 percent said they have kept from talking about their financial condition with someone they’re close to. The primary reason: 56 percent of them said it’s just too personal to talk about.
This reluctance extends as far as their husbands. Even when talking to their spouse, just 66 percent of the women felt comfortable discussing salary, and 65 percent felt comfortable discussing investments.
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