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Survey Results: Women
  and Financial Literacy

 Empowered Bookkeeping LLC
www.empoweredbookkeeping.com
         818.279.2200
Why should we care?
 100% of respondents agree that it is “very
  important” for women to be financially literate.
     Money is liberating in society.
     Financial literacy is about power.
     It is important to understand savings, debt and
      spending.
     Financial literacy creates independence,
      confidence, stability.
What is Preventing Women’s
Financial Literacy?
 69% of women say they feel intimidated by
  the subject matter as a whole.
 54% of women say it is due to the lack of
  access to a reliable and trusted resource for
  guidance, support, help.
 39% of women say it is due to a lack of time
  and energy.
What Financial Concepts are
Important to Women?
 Saving money!
 Taxes
 Investments
 Retirement funds
 Marital financial planning
 Important basic tasks: balancing checkbooks
  and online bill pay
 Macroeconomics
How Can we Financially Empower the
Younger Generation of Women?
 Teach them the importance of money
 Give them a well-rounded financial education
 Teach them to not be intimidated by finance
 Educate them on credit, loans, and savings
  when they are young
How are Professional Women viewed
by other Women?
 58% of women would feel more comfortable
  working with a female financial professional
  than a male financial professional.
 42% of women are indifferent.
Why a Woman Professional?
 Ability to relate on a personal level/empathy
 Good communication
 Trustworthiness/honesty/integrity
Is it Important to Support Women-
Owned Businesses? Why?
 33% of women actively seek to support and
  do business with women-owned businesses
     Creates social-networking
     Nurtures other women-owned businesses
     Helps to achieve gender equality in business
Who is it Important to Support?
 91% of women say women supporting
  women is critically important.
 75% of women say woman-owned
  businesses adopting socially conscious
  business practices is critically important
 50% of women say women supporting
  woman-owned businesses is critically
  important
Scale: Critically important, very important, somewhat important, not important,
   indifferent.
Socially Conscious Business Practices
 75% of women would be highly motivated to
  support a local woman-owned business that
  incorporates social consciousness/
  philanthropy as a vital component of its
  business model.
What Types of Business Practices and
Philanthropic Efforts are Important?
 Local community efforts
 Mentoring
 Education
 Child-care, health-care
 Most important: Remain ethical, honest and
  professional.
 Show strong leadership
Thank you for your participation!
 Empowered Bookkeeping LLC appreciates
  your time, insights and expertise.
 We will be using your responses and
  thoughts to help guide the development of
  Empowered Bookkeeping LLC.
 Please email
  empoweredbookkeeping@gmail.com if you
  have any additional questions
 Visit www.empoweredbookkeeping.com for
  more information

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Empowered Bookkeeping LLC

  • 1. Survey Results: Women and Financial Literacy Empowered Bookkeeping LLC www.empoweredbookkeeping.com 818.279.2200
  • 2. Why should we care?  100% of respondents agree that it is “very important” for women to be financially literate.  Money is liberating in society.  Financial literacy is about power.  It is important to understand savings, debt and spending.  Financial literacy creates independence, confidence, stability.
  • 3. What is Preventing Women’s Financial Literacy?  69% of women say they feel intimidated by the subject matter as a whole.  54% of women say it is due to the lack of access to a reliable and trusted resource for guidance, support, help.  39% of women say it is due to a lack of time and energy.
  • 4. What Financial Concepts are Important to Women?  Saving money!  Taxes  Investments  Retirement funds  Marital financial planning  Important basic tasks: balancing checkbooks and online bill pay  Macroeconomics
  • 5. How Can we Financially Empower the Younger Generation of Women?  Teach them the importance of money  Give them a well-rounded financial education  Teach them to not be intimidated by finance  Educate them on credit, loans, and savings when they are young
  • 6. How are Professional Women viewed by other Women?  58% of women would feel more comfortable working with a female financial professional than a male financial professional.  42% of women are indifferent.
  • 7. Why a Woman Professional?  Ability to relate on a personal level/empathy  Good communication  Trustworthiness/honesty/integrity
  • 8. Is it Important to Support Women- Owned Businesses? Why?  33% of women actively seek to support and do business with women-owned businesses  Creates social-networking  Nurtures other women-owned businesses  Helps to achieve gender equality in business
  • 9. Who is it Important to Support?  91% of women say women supporting women is critically important.  75% of women say woman-owned businesses adopting socially conscious business practices is critically important  50% of women say women supporting woman-owned businesses is critically important Scale: Critically important, very important, somewhat important, not important, indifferent.
  • 10. Socially Conscious Business Practices  75% of women would be highly motivated to support a local woman-owned business that incorporates social consciousness/ philanthropy as a vital component of its business model.
  • 11. What Types of Business Practices and Philanthropic Efforts are Important?  Local community efforts  Mentoring  Education  Child-care, health-care  Most important: Remain ethical, honest and professional.  Show strong leadership
  • 12. Thank you for your participation!  Empowered Bookkeeping LLC appreciates your time, insights and expertise.  We will be using your responses and thoughts to help guide the development of Empowered Bookkeeping LLC.  Please email empoweredbookkeeping@gmail.com if you have any additional questions  Visit www.empoweredbookkeeping.com for more information