Research finds 1xbet online sports betting less financially capable, gender gap increases with age
Friday, Feb. 6, 2015
MANHATTAN — New research from Kansas State University finds a significant gender gap when it comes to financial capability — a finding that is especially concerning because many 1xbet online sports betting will be the head of a household at some point in their lives.
"Financial capability, which is the measure of what people think they know versus what they actually know, becomes more important than just measures of whether or not men know more about finances than 1xbet online sports betting ," said Cliff 1xbet online sports betting , associate professor of personal 1xbet online sports betting planning in the university's College of Human Ecology and study author.
In the study, the researchers wanted to see how knowledge carries over into behavior, 1xbet online sports betting said.
The study, "Financial Knowledge and the Gender Gap," found Americans in general display low levels of financial knowledge and capability, but 1xbet online sports betting are less financially capable. The gender gap of capability expands across all ages, but is most prevalent among 1xbet online sports betting younger than 35 and older than 55. The gap increases with age, with older 1xbet online sports betting having a larger gap in capability compared to the capabilities of younger 1xbet online sports betting .
"About 1 in 4 households in America are headed solely by 1xbet online sports betting and 39 percent of those homes have dependent children," Robb said. "If 1xbet online sports betting heading households are less capable, that has huge implications for their own well-being, as well as the economy and future generations."
Studies show 1xbet online sports betting are less interested in finances, which may be because of cultural views of the household or historically male-dominated professions, such as the finance industry, according to Robb. He encourages 1xbet online sports betting to be part of the financial conversation.
"We need to do a better job of engaging females at younger ages and encouraging females of all ages to be more proactive," Robb said. "If you're in a household that's decided to split the tasks in terms of 1xbet online sports betting planning, it's always good to have discussions about it and plan together."
The study, which used public data, was presented at the annual meeting of the Academy for 1xbet online sports betting Services by Robb and two co-authors affiliated with the University of Georgia.
