Latest news with #mansplaining

Daily Mail​

60% of women are victims of the money mansplainers (that's a bit more than half, luv)

They save more cash than men, but six in ten women regularly experience financial sexism by having money matters 'mansplained' to them, according to a survey. A further 62 per cent said they have been interrupted and talked over by a male, who assumed they wouldn't understand a personal finance issue. Despite this, the research found that 57 per cent of women make regular savings or investments compared to just 46 per cent of their male counterparts. Almost half (48 per cent) of women say they have been belittled by a man when giving their opinion, with 54 per cent made to feel they are only interested in spending on frivolous items. Almost a third of women have been lectured on 'how investing works', and 29 per cent have had the opposite sex explain inflation. Shockingly, 45 per cent of men freely admit to feeling they legitimately have a better understanding of money, investing and personal finance than women. Males 'mansplain' money and personal finance to women an average of 11 times a month. Husbands and partners (33 per cent) are the biggest culprits, along with colleagues (31 per cent), fathers (23 per cent) and friends (22 per cent). The survey found 20 per cent of women have had patronising, unsolicited financial advice from male strangers. Work and home (both 40 per cent), social events (29 per cent) and the pub (18 per cent) are the top locations for money mansplaining. Carina Chambers, from digital wealth manager Moneyfarm, who commissioned the survey of 2,000 women, said: 'It is deeply concerning that women continue to face the ingrained assumption they lack the same levels of competence in financial matters as men. 'These outdated notions must be challenged, and an environment fostered where women's voices are valued... and where they feel comfortable asking questions in all financial discussions. 'After all, it is estimated that 60 per cent of the wealth in the UK will be held and controlled by women by the end of this year.' The savviest female savers live in Norwich (64 per cent), followed by Newcastle and Plymouth on 63.