Do women spend more than men? Untangling gender-based money myths

The video discusses the persistent gender wage gap and debunks common myths about women and money, such as spending habits, salary negotiation skills, and investment capabilities. Dominique Broadway, a personal finance expert, highlights the importance of teaching young girls about money and building confidence by showcasing successful women. The video emphasizes the need to counter harmful stereotypes and encourages women to take control of their finances.

What is the current gender wage gap according to the Pew Research Center?

• Women earn $0.92 for every dollar men earn.

• Women earn $0.72 for every dollar men earn.

• Women earn $0.62 for every dollar men earn.

• Women earn $0.82 for every dollar men earn.

Which of the following is a common myth about women's financial habits?

• Women are better at saving than men.

• Women are more likely to spend on necessities.

• Women are more likely to invest in stocks.

• Women are bad at salary negotiations.

What is a significant factor affecting women's salary negotiations?

• Women have more negotiation strategies.

• Women often receive higher starting salaries.

• Women are less likely to negotiate.

• Women are offered lower starting salaries than men.

How are women perceived in terms of investment skills compared to men?

• Women are perceived as worse investors.

• Women are perceived as more risk-taking investors.

• Women are perceived as equal investors.

• Women are perceived as better investors.

What is one reason women might be better investors than men?

• Women seek quick returns.

• Women have more financial education.

• Women invest in riskier stocks.

• Women are more patient and hold investments longer.

Why is it important to teach young girls about money management?

• To ensure they earn more than men.

• To help them save more money.

• To prevent them from believing financial myths.

• To make them invest in stocks early.

What historical fact about women's financial rights was mentioned?

• Women could get credit cards in their own name since 1974.

• Women could start businesses since 1974.

• Women could own property since 1974.

• Women could open bank accounts since 1974.