Why Women Are Better Investors Than Men (And What You Can Learn From Them)

Michelle Taylor, founder of the Women and Wealth Initiative, joined us on the podcast to share her journey and insights into empowering women to take control of their finances. With over a decade of experience in financial services, Michelle is on a mission to close the wealth gap by providing education and community support for women at every stage of life. Here are the key takeaways from our conversation.

What Will You Learn In This Episode?

Choose Your Hard

• Life presents challenges, whether it’s struggling with financial insecurity or working hard to build wealth.
• Michelle emphasizes the importance of consciously choosing your path and adopting a positive mindset.
• Your attitude shapes your outcomes—start each day by deciding to tackle life’s hurdles with confidence and clarity.

Learn Through Experience

Michelle shared her story of starting a business during a recession, returning home with credit card debt, and learning about money management the hard way. Her advice? Understand your finances:

• Know where your money is going.
• Identify leaks in your budget (but don’t cut out things you love, like coffee!).
• Create a plan that balances paying down debt and working toward your dreams.
  

Talk About Money as much as you can

Women often don’t discuss finances openly, but Michelle believes that breaking this taboo is essential. Build a community or find an accountability partner to share experiences, seek advice, and encourage growth. Vulnerability leads to strength when it comes to financial conversations.

Women Are the best Investors

Studies show that women consistently outperform men in investing, earning higher returns on average. Why? Women tend to be more patient, less impulsive, and more focused on long-term goals—qualities that are key to successful investing. They also tend to do more research and avoid risky, speculative decisions, leading to better overall outcomes.

Despite their natural advantages, fewer women invest compared to men. The primary barrier? Confidence. Many women feel intimidated by the perceived complexity of investing or worry they don’t know enough to make smart decisions. This confidence gap often leads women to hold excess cash instead of growing their wealth in the market, which can cost them significantly over time due to inflation.

Michelle Taylor left us with this priceless piece of advice: “Talk to your future self and figure out what she’s doing. Then take steps today to build the life you want while leaving everyone and everything better than you found them.”

Let this be your reminder to start small, be consistent, and lean into your community for support.