Finance and women’s well-being: a literature review

The number of studies on finance, well-being, and women has increased in recent years. At a practical level, organizations seek to develop financial products for women. However, no study consolidates these findings for a better understanding of the theoretical and practical implications. This study offers a rigorous literature review in two stages. The first one is quantitative, through a bibliometric analysis on the relevant scientific-based literature validated by researchers such as Web of Science, Scopus and Dimensions, and supported on Bibliometrix. The second stage is qualitative, conducted through an interpretivist approach and that involved a description of terms, construction of content maps and relationships between terms, divergent interpretations and coding that led to a final concept map presentation. The main findings revolve around the great limitation that women still have to access financial literacy, particularly in emerging countries. It is suggested to create mechanisms and policies that reduce the gaps between men and women and allow the latter to better manage their finances for greater independence. Furthermore, these must be aimed at generating greater well-being that goes beyond the financial and that is not only carried out for particular interests.