Optimal Finance Daily - Financial Independence and Money Advice 3332: Women, Insecurity and Money: Overcoming the Confidence Gap by Kristin Wong with Get Rich Slowly
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Oct 27, 2025 Kristin Wong dives into how insecurity and societal expectations impact women's financial confidence and success. She shares personal stories of feeling undermined in negotiations, emphasizing that self-advocacy is crucial. Wong also highlights how financial knowledge can empower women, breaking down the barriers to investing. Despite facing gender biases, she reveals that women often excel in managing money and investments. Ultimately, she urges women to prioritize their financial independence and recognize their own power.
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Confidence Gap Shapes Financial Behavior
- Women often internalize a "confidence gap" that reduces engagement with investing and negotiating.
- Recognizing the gap reframed Kristin Wong's approach to money and spurred concrete financial action.
Crystal Story About Staying Silent
- Kristin recalls losing a crystal in third grade and not speaking up to reclaim it out of fear of being seen as greedy.
- She uses this memory to illustrate why women may avoid negotiating or asking for raises.
Speak Up To Close Pay Gaps
- Do speak up and negotiate pay even when it feels risky; silence reinforces the gender pay problem.
- Advocate for higher rates to move toward financial goals despite potential social pushback.
