The Effect of Fear on Financial Literacy

Anna Anna is this the result that is very specific to the Netherlands or do you suspect that this is actually broader than this. This gender difference in financial literacy everywhere around the world is driven by disproportionately choosing I do not know by the women, she says. Women are less financially true than men they're also less confident but they remain less financially literacy and therefore more vulnerable than many terms of preparing for the future. Martin: Can you give us any insights as to why women are less financially accurate? Anna Anna: It's a very well no fact that women don't dare as much as men right so part of it is understandable.