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Women are six times more likely to put their money into savings – than to invest it | Personal Finance | Finance [Video]

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Personal Finance

One in five women believe investing is only for men, research has revealed. A poll, of 2,000 adults, found 74 percent of females are more inclined to save their money, rather than attempt an investment (12 percent).

But just 63 percent of men would put their spare money into a savings account – with one in five (21 percent) putting it in the stock market, instead.

The gender pay gap (27 percent), and access to financial education (15 percent), were among reasons it’s seen as reserved for men. However, 77 percent of women would be interested in learning more about how to get started in investing.

And nearly half (47 percent) of all those polled – both men and women – admitted they have no idea exactly how much money is in their pension pot.

The research comes as former Great British Bake Off winner, Candice Brown, revealed her tops …

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