Financial inequality starts at home — here’s how parents can combat it

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Financial inequality starts at home — here’s how parents can combat it
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Financial inequality starts at home — here’s how parents can combat it, according to CarrieSchwab

Carrie Schwab-Pomerantz is a Certified Financial Planner and president of Charles Schwab Foundation. She writes that girls and young women still fall behind their male counterparts when it comes to a firm financial start in life. Young women are actually more practical when it comes to everyday financial issues — like budgeting — but fall short on bigger financial goals. This gap can come from home — parents are more likely to talk to boys about more sophisticated financial matters.

Carrie Schwab-Pomerantz is a Certified Financial Planner and president of Charles Schwab Foundation. She writes that girls and young women still fall behind their male counterparts when it comes to a firm financial start in life. Young women are actually more practical when it comes to everyday financial issues — like budgeting — but fall short on bigger financial goals. This gap can come from home — parents are more likely to talk to boys about more sophisticated financial matters.

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