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Many Women Were Ill-Prepared For the Pandemic's Financial Challenges, TIAA Institute-GFLEC Study Reveals; Even before the onset of COVID-19, many women, particularly underrepresented minority women, exhibited low financial literacy levels -- underscoring

Nov 18, 2020 - PR Newswire

PR Newswire

 A new report by the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business reveals worrying deficiencies in financial literacy among U.S. women immediately before the onset of COVID-19. These knowledge gaps may hinder women's ability to make appropriate financial decisions in times of uncertainty. 

Using data from the fourth annual TIAA Institute-GFLEC Personal Finance Index (P-Fin Index)...