Financial resilience across genders

This data base collects responses from 951 participants, students and workers of varying ages, of which 394 (41.4%) are men, 504 (53.0%) are women, and 53 (5.6%) identified as LGBTQ+. The scale used is a composite instrument that includes the eight financial health indicators from BBVA (2020) and the Center for Financial Services Innovation (CFSI), together with the scale designed by Flores et al., (2024) on lived experiences and actions to manage financial crises.

The results obtained through the Bayesian analysis indicate that perceptions, lived experiences, and actions in managing economic crises do not differ significantly between genders. The analysis suggests that there are no significant differences in financial resilience between men, women, and LGBTQ+ people, as financial health scores are similar between these groups. This supports the hypothesis that the means of financial health indicators are equal by gender.