“We always talk about the gender pay gap: 82 cents on the dollar, which is so frustrating,” she explained. “But do you know what the gender wealth gap is? It’s 32 cents on a man’s dollar. The gender pay gap at least is moving slightly in a positive direction. The gender wealth gap is going the wrong way. Part of that reason is that men have invested more than women have, and wealth compounds—even with tough markets.” Part of this inequity is the lack of discourse around money for women: We are less financially literate and more pressured to spend on consumer goods rather than stocks.
