Home News eToro and Mumsnet research reveals over half of Mums (55%) want to take control of their finances

eToro and Mumsnet research reveals over half of Mums (55%) want to take control of their finances

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New research from Mumsnet and eToro busts the age-old delusion that ladies aren’t taken with their personal finances and investments.

In a brand new survey of 1,000 mums*, Mumsnet and eToro requested how they strategy their investments. Research reveals just below half (47%) of respondents know a bit or quite a bit about investing, whereas over half (55%) want to take control of their finances and make investments on behalf of themselves.

The greatest drivers for mums wanting to make investments are to generate a long-term return (73%) and to save for their kids’s future (71%). The research additionally reveals mums are extra adventurous in their funding outlook than many would assume.

When contemplating funding choices, mums are already educated about cryptoassets. Four-fifths (four out of 5) are accustomed to the time period cryptocurrency and 42% are presently invested or would contemplate investing in cryptoassets.

Today, 90% of feminine traders on eToro are invested in cryptoassets, with XRP the preferred cryptoasset. The high 5 cryptoassets for feminine traders are:

  1. XRP (56%)
  2. Bitcoin (15%)
  3. Ethererum (10%)
  4. Litecoin (6%)
  5. Stellar (3%)

Iqbal V. Gandham, UK Managing Director at eToro stated: “This research means that in lots of circumstances ladies want to make investments however don’t know the place to begin. This not wants to be the case. Technology has reworked the funding world from a small, opaque membership right into a neighborhood that anybody can faucet into. This needs to be to the profit of potential feminine traders.

Justine Roberts, Founder of Mumsnet stated: “This research shows that when it comes to investing, contrary to popular belief, it’s not all about the men. Women are keen to understand their options when it comes to investing and more should be done to equip them with the guidance and knowledge to get started.”  

*Survey of 1,025 feminine Mumsnet customers between 11 July 2018 and 30 July 2018. The knowledge will not be weighted

**eToro knowledge as at October 2018

Cryptoassets are a extremely unstable, non-regulated funding product and aren’t applicable for all traders. No EU investor safety. Your capital is in danger.

This is a sponsored put up.

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