When I started working at Fidelity Investments, I realised I needed to be doing more so my husband and I sat down and discussed our goals (what we want throughout life for ourselves and our children) and finances. I was constantly stressed about money, partially because I was so in the dark about it. To handle our hectic life, we took a divide-and-conquer approach for our household, with my husband overseeing our finances. At that time, my husband and I had a growing family of three children, three dogs, and a cat. Hi Lorna! How did your financial literacy journey begin?Įarlier on in my career, I was not that involved in my finances. We sat down with Lorna to understand why this is important and how it can be achieved. Lorna Kapusta, Head of Women and Engagement at Fidelity Investments, is on a mission to encourage women to take charge of their financial literacy and to pass their knowledge on to the next generation. Gaining and maintaining control of finances can feel like an everlasting battle, especially when we’re left to navigate our understanding of saving, investing, credit cards and retirement, to name a few.Ĭonsequently, 3.8 million American women have below-average levels of financial literacy, which can cause them to lose money while racking up debts. Generally speaking, women on average earn less and we’ve learned are given fewer financial education tools than male counterparts when younger and throughout life – even though we’re still met with the same responsibilities and on top of those, there are factors that are unique to women (think healthcare costs, pink tax, and often caregiving responsibilities to name a few).
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