Who Wants to be a Millionaire? Let's Stop ‘Saving’ All of Our Money for a Rainy Day
It’s that time of year again. When you dredge up your financial records and tax sheets and do your best to figure out a spending plan for the coming year that includes enough money for groceries, rent, and a bit to put away in savings for that emergency rainy day fund. Because things like worldwide pandemics happen, and saving money is the smartest way to ensure you have a bright and prosperous future, right?
Not quite. You’ve likely been taught from day one that there are...
The Impact of the Racial Wealth Gap on Black Families and How We Can Stop the Cycle
In 2016, it was found that the typical white family had a net worth nearly 10 times that of a Black family. But this isn’t recent - this persistent racial wealth gap has been disadvantaging Black families and communities for centuries. And now in 2020, it has been posited that the racial wealth gap is as wide now as it was in 1968 (source: The Washington Post).
What I've learned in the past few months is that while the Black-white wealth gap is multifaceted, the racial inequality in...
This is Why We Need to Close the Latina Pay Gap
Latinx Heritage Month takes place between September 15 - October 15, and so far I've learned a lot of things from all the amazing Latina women I follow on Instagram.
Like how the Latina pay gap is 46% less than white men and 31% less than white women.
And not only are Latinas are paid less than white men for doing the very same jobs, but when they do ask for promotions and raises (more often AND at higher rates), they don’t get the same results (source: Lean In).
