Factors Affecting Women's Wealth Building and the Role of Financial Literacy

Research highlights that wealth disparities among women stem from intersecting factors like gender, race, class, education, and socioeconomic background, affecting their financial security and opportunities. Women from affluent families often start with advantages such as higher education and better networks, while others face systemic barriers. Despite these challenges, financial literacy is identified as a key tool enabling women to improve their financial outcomes and build wealth over time.