Women and Money

By: Pam Kennett

The UK Equal Opportunities Commission has stated that it will take at least two more generations for women to bridge the gap and reach the same earnings as our full time male colleagues. This is despite the fact that the first equal pay legislation was introduced over 30 years ago. Progress is being made, but ever so slowly. Why is it that women can't seem to catch up?

There are certainly enough motivators. We hate the fact that we don't have enough money, we know we probably spend too much and we certainly know we don't save as much as we should.

Every day we read horror stores about inadequate pensions and old age poverty. These are still not enough to spur us into action and take control of our income generation. The answer is deep seated and lies in our conditioning. Until we understand how this impacts our attitude to money, all the changes in legislation and extended maternity leave in the world will not raise our earning levels.

In our earliest years our conditioning is determined. Some time between the ages of 0 and 8 we are taught a set of values or beliefs. In fact, David McClelland, Distinguished Research Professor of Boston University, proved it could be as early as 0 to 3 when our

Money Management
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