A 2021 study published in the Journal of Economic Behavior & Organization found the stereotype that women are bad with money increased financial anxiety in women. This can lead to further damage by widening the gender gap in financial literacy. In other words, women told they’re bad with money can internalize this message to the point where they believe they are.   

So, where does this myth that women are bad with money come from and how can we end it for good? To find out, GOBankingRates talked with Erika Kullberg, a personal finance expert and the founder of Erika.com. Read on for more, and also check out our list of Money’s Most Influential Women.