The Traderszone Network

Published in TZ Latest News 22 August, 2014 by The TZ Newswire Staff

Why boys know more about money

When the investment company T. Rowe Price asked 924 children between the ages of 8 and 14 about money, the results sound like they belong in the 19th century: More boys said they talk with their parents about financial goals than girls (58 percent versus 50 percent), boys are more likely to say they are smart about money compared to girls (45 percent versus 38 percent) and parents themselves are more likely to say their sons appreciate the value of a dollar compared with daughters (80 percent versus 69 percent). The gender difference, says Judith Ward, senior financial planner for T.

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