4 Traits of Financially-Empowered Women

Studies that show how women investors outperform male investors empower more women to enter the world of investing. In a study by Fidelity Investments in 2021, they found that over a 10-year period, their female clients earned an average of 0.4 percentage points more than their male clients. It may not seem like a big number, but over a decade that can translate into tens of thousands of dollars.

Given this, understanding how these empowered women invest and why they excel can help you improve when it comes to your investments. Here are 4 important traits you can learn from financially-empowered women, so you can become one too:

1. Open to learning

With easy access to learning, financially-empowered women take full advantage of opportunities for growth and self-development. Whether it be their hobbies or developing good financial habits, they actively upskill and stay well informed to be better prepared for their future.

2. Mindful with money

Financially-empowered women handle their money carefully. They know it’s not enough to just save money, they also have to grow it. That’s why they actively do their own research and find investment opportunities that will enable them to stay in control of their finances so they can build a lifestyle that is healthy, happy, and sustainable.

3. Patient and focused

When it comes to planning for their future and finances, studies show that women make better investors because they tend to be more patient, focused, and composed. This comes in handy when the market conditions are more volatile, since being calm can help you avoid making emotional investing decisions that can turn into losses.

4. Ready to ask for help

Financially-empowered women don’t shy away from asking questions from experienced investors and experts so they can better understand things. They know the importance of understanding ideas and other information so they can make good financial decisions and invest with greater confidence.

Choosing to start investing is a great first step in your financial journey, but if you want to take it a step further, take your cue from female investors and take your investing up a notch. Having these traits in place will help you better take control of your finances, and will help you get to your financial goals sooner.