Name: How Women Can Build Confidence in Finance
Uploaded: 2023-10-26T15:43:00Z
Duration: 1 min 41 s
Description: Fidelity's President of Personal Investing Joanna Rotenberg says there's no stigma to say you don't understand financial jargon. There are many resources to tap.

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Fidelity's President of Personal Investing Joanna Rotenberg says there's no stigma to say you don't understand financial jargon. There are many resources to tap.

https://m.wsj.net/video/20231026/e14c921b-c3e9-4369-a2fc-5462922562bb/1/hls/manifest-hd-wifi.m3u8

How Women Can Build Confidence in Finance

I had something personal happen to me a couple of weeks ago. I was at a conference, speaking actually about women as wealth creators, and one of the things that came out was a number of women after the conference, after the panel I was on, came up to me, and these were very accomplished women in their own right, leaders in their communities, but they came up and it was almost in a whispered tone, they said, "I don't feel well prepared to be able to talk about finances and I don't know where to start." And so I just wanna say to all of the women out there, you're not alone. Everybody is feeling that way in some regard and there is no stigma to it, and it really is about how you get that rung on the ladder, and in some cases you might be having an advisor already invest for you. Make sure you know how they're investing and why, and make sure you're satisfied, conduct a relationship audit if you're not. And for those people who are just getting started or don't, you know, or maybe experiencing financial challenges, there is a breadth of resources out there. I'd mentioned briefly, Women Talk Money, is a program that we offer totally free of charge and it really has been a powerful community and a connection point for women. Again, over 500,000 women across the country participating on all kinds of money matters. And so that is a great example of one resource that we're providing, there are many obviously out there to help women connect, like-minded women connect on issues that are challenging. But also we're looking to, again, de-stigmatize the idea of saying, answering the question of, "I don't understand this," or, you know, "What is this thing that we're talking about?" and making sure we're breaking it down into, like, understandable, I would say challenge us on the jargon front 'cause that's an industry challenge that needs to be broken down.

How Women Can Build Confidence in Finance

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