π Empower Your Financial Future with Life Launch! π
Are you ready to take charge of your financial future and set sail towards success? π There are a few spots left in Women`s Money Matters` Life Launch program, designed especially for teen girls living on low-incomes!
Life Launch is paving your way to financial wellness as you begin your adulting journey, and guess what? It`s at no cost to you! This empowering workshop series is all about equipping you with the skills, confidence, and knowledge to navigate the world of money like a boss. πͺ
Here`s a some of the topics we cover in the weekly workshops during this 9 week program, π Banking Uncovered, π³ Getting Credit, πΌ Invest the Rest.
And that`s just the beginning! With a lineup of engaging workshops covering everything from budgeting to career planning, Life Launch is your one-stop shop for financial wellness.
But wait, there`s more! π
You`ll also have the chance to connect with a supportive mentor who will be there to cheer you on every step of the way. Need advice on setting goals? Facing a financial challenge? Your mentor has got your back!
This Life Launch is a virtual program starting April 30th, so you can participate from the comfort of your own home. Plus, with sessions held on Tuesday evenings, fitting it into your schedule is a breeze.
Don`t miss out on this incredible opportunity to level up your financial skills and set yourself up for a bright future. Sign up now and get ready to launch into the life you deserve! πβ¨
Fill out an application or contact us today! [email protected] https://womensmoneymatters.org/program-interest-form/
#LifeLaunch #FinancialFreedom #GirlsSupportingGirls #Empowerment #JoinTheJourney
π Empower Your Financial Future with Life Launch! π
Are you ready to take charge of your financial future and set sail towards success? π There are a few spots left in Women`s Money Matters` Life Launch program, designed especially for teen girls living on low-incomes!
Life Launch is paving your way to financial wellness as you begin your adulting journey, and guess what? It`s at no cost to you! This empowering workshop series is all about equipping you with the skills, confidence, and knowledge to navigate the world of money like a boss. πͺ
Here`s a some of the topics we cover in the weekly workshops during this 9 week program, π Banking Uncovered, π³ Getting Credit, πΌ Invest the Rest.
And that`s just the beginning! With a lineup of engaging workshops covering everything from budgeting to career planning, Life Launch is your one-stop shop for financial wellness.
But wait, there`s more! π
You`ll also have the chance to connect with a supportive mentor who will be there to cheer you on every step of the way. Need advice on setting goals? Facing a financial challenge? Your mentor has got your back!
This Life Launch is a virtual program starting April 30th, so you can participate from the comfort of your own home. Plus, with sessions held on Tuesday evenings, fitting it into your schedule is a breeze.
Don`t miss out on this incredible opportunity to level up your financial skills and set yourself up for a bright future. Sign up now and get ready to launch into the life you deserve! πβ¨
Fill out an application or contact us today! [email protected] https://womensmoneymatters.org/program-interest-form/
#LifeLaunch #FinancialFreedom #GirlsSupportingGirls #Empowerment #JoinTheJourney
Celebrating the success of our Community Comedy Night for Volunteer Appreciation! Laughter is truly the best way to celebrate our incredible volunteers. ππ
A huge thank you to Host Katy Coughlin, guest comedian Kathy Lynch, and headliner Amy Tee for bringing the laughs at our Community Comedy Night for Volunteer Appreciation! π
And to our dedicated volunteers, you are the real stars of the show! Your hard work and dedication make empowering women and girls living on low-incomes possible. Youβre the backbone of our model that includes one on one support, so women and girls can create goals, overcome their challenges, and reach their potential!
Thank you for all you do!
And special thank you to the volunteers we recognized last night for their amazing contributions to Womenβs Money Matters. ππ
Celebrating the success of our Community Comedy Night for Volunteer Appreciation! Laughter is truly the best way to celebrate our incredible volunteers. ππ
A huge thank you to Host Katy Coughlin, guest comedian Kathy Lynch, and headliner Amy Tee for bringing the laughs at our Community Comedy Night for Volunteer Appreciation! π
And to our dedicated volunteers, you are the real stars of the show! Your hard work and dedication make empowering women and girls living on low-incomes possible. Youβre the backbone of our model that includes one on one support, so women and girls can create goals, overcome their challenges, and reach their potential!
Thank you for all you do!
And special thank you to the volunteers we recognized last night for their amazing contributions to Womenβs Money Matters. ππ
π Empowering future entrepreneurs! π We had the incredible Stephanie Rizzari, owner of @sweetsbakerybillericama, inspire the girls in our Life Launch financial wellness program with invaluable insights on starting and thriving in business.
From crocheting to baking, the girls in our program in partnership with the @ YWCA of NorthEastern Massachusetts are dreaming big and learning to be bold in their entrepreneurial pursuits.
Huge thanks to Stephanie for sharing your wisdom and igniting the spark of ambition in the girls in our program! The girls and women in our financial wellness programs gain the skills, confidence, and goal-setting strategies to aim big and achieve their goals. πΌπ
#WomenEmpowerment #YoungEntrepreneurs #FutureLeaders #GirlsInBusiness
π Empowering future entrepreneurs! π We had the incredible Stephanie Rizzari, owner of @sweetsbakerybillericama, inspire the girls in our Life Launch financial wellness program with invaluable insights on starting and thriving in business.
From crocheting to baking, the girls in our program in partnership with the @ YWCA of NorthEastern Massachusetts are dreaming big and learning to be bold in their entrepreneurial pursuits.
Huge thanks to Stephanie for sharing your wisdom and igniting the spark of ambition in the girls in our program! The girls and women in our financial wellness programs gain the skills, confidence, and goal-setting strategies to aim big and achieve their goals. πΌπ
#WomenEmpowerment #YoungEntrepreneurs #FutureLeaders #GirlsInBusiness
ππ Incredible news! π―β¨ Thanks to the amazing support from our community who shop at Target, Women`s Money Matters has been awarded funds totaling $4,932.12!
π With a whopping 72,790 votes, it`s clear that our mission to financially empower women and girls living on low-incomes resonates with many, and we`re deeply grateful for every single vote cast. This support fuels our financial wellness programs to ensure women and girls facing financial challenges have the coaching and community support to achieve with financial stability and independence.
Thank you, @target and thank you to everyone who voted for us! Together, we`re making a real difference in our communities. πͺπ°
#WomensMoneyMatters #TargetVotes #TargetCircle #FinancialEmpowerment #CommunityImpact
ππ Incredible news! π―β¨ Thanks to the amazing support from our community who shop at Target, Women`s Money Matters has been awarded funds totaling $4,932.12!
π With a whopping 72,790 votes, it`s clear that our mission to financially empower women and girls living on low-incomes resonates with many, and we`re deeply grateful for every single vote cast. This support fuels our financial wellness programs to ensure women and girls facing financial challenges have the coaching and community support to achieve with financial stability and independence.
Thank you, @target and thank you to everyone who voted for us! Together, we`re making a real difference in our communities. πͺπ°
#WomensMoneyMatters #TargetVotes #TargetCircle #FinancialEmpowerment #CommunityImpact
We`re thrilled to share highlights from our recent Women`s Money Matters team planning retreat! πΌβ¨
π At the heart of our discussions: reaching women and girls where the need is greatest! We have 562 women and girls waiting on our interest list so weβ`re gearing up to serve even more women and girls living on low incomes in our communities. Big growth ahead to need the deep need and demand! πͺ
π¬ We`re committed to ensuring excellence as we expand our reach. Every woman and girl in our financial wellness program is special and has a unique financial (and personal) situation. Plus, we`re thrilled to incorporate more Spanish language financial wellness programs and expand our Life Launch initiatives for young women and girls living on low-incomes. π
π And that`s not all! We`re diving into innovative initiatives aimed at enhancing our programs, broadening our impact, and advocating fiercely for women and girls facing systemic financial barriers in our communities. . π‘
A special shoutout and thank you to @lowellfivesocial for providing us their community workspace for us to get together for this important strategic meeting. Stay tuned for more updates as we continue to empower and uplift women and families in need! Together, we`re making money matter. πΈπ #WomensMoneyMatters #Empowerment #CommunityImpact
We`re thrilled to share highlights from our recent Women`s Money Matters team planning retreat! πΌβ¨
π At the heart of our discussions: reaching women and girls where the need is greatest! We have 562 women and girls waiting on our interest list so weβ`re gearing up to serve even more women and girls living on low incomes in our communities. Big growth ahead to need the deep need and demand! πͺ
π¬ We`re committed to ensuring excellence as we expand our reach. Every woman and girl in our financial wellness program is special and has a unique financial (and personal) situation. Plus, we`re thrilled to incorporate more Spanish language financial wellness programs and expand our Life Launch initiatives for young women and girls living on low-incomes. π
π And that`s not all! We`re diving into innovative initiatives aimed at enhancing our programs, broadening our impact, and advocating fiercely for women and girls facing systemic financial barriers in our communities. . π‘
A special shoutout and thank you to @lowellfivesocial for providing us their community workspace for us to get together for this important strategic meeting. Stay tuned for more updates as we continue to empower and uplift women and families in need! Together, we`re making money matter. πΈπ #WomensMoneyMatters #Empowerment #CommunityImpact
π Breaking barriers together! π Thanks to our partnership with Second Chance Cars, we`re empowering women living on low-incomes to bridge the transportation divide and access new opportunities.
At Women`s Money Matters, we believe that transportation should never be a barrier to financial empowerment. Through our collaboration with Second Chance Cars, we`re providing women with the means to travel to work, attend educational programs, and access essential services.
Do you have a car that does not run sitting in the garage? Do you have a gently loved car that no one uses anymore but it runs well? No matter the condition Second Chance Cars will take your used car, do repairs and work on it to give to people who will benefit from having reliable and affordable transportation! Please consider donating your car and sharing the word about this wonderful program with your friends, family, and community.
Together, we`re creating pathways to success and breaking down barriers one ride at a time! ππΌπ #Partnership #TransportationEquality #WomensMoneyMatters
π Breaking barriers together! π Thanks to our partnership with Second Chance Cars, we`re empowering women living on low-incomes to bridge the transportation divide and access new opportunities.
At Women`s Money Matters, we believe that transportation should never be a barrier to financial empowerment. Through our collaboration with Second Chance Cars, we`re providing women with the means to travel to work, attend educational programs, and access essential services.
Do you have a car that does not run sitting in the garage? Do you have a gently loved car that no one uses anymore but it runs well? No matter the condition Second Chance Cars will take your used car, do repairs and work on it to give to people who will benefit from having reliable and affordable transportation! Please consider donating your car and sharing the word about this wonderful program with your friends, family, and community.
Together, we`re creating pathways to success and breaking down barriers one ride at a time! ππΌπ #Partnership #TransportationEquality #WomensMoneyMatters
π Our team was out and about at multiple events, spreading the word about financial wellness and connecting with our community! πΌ
ππΎAt the Black Family Wellness Expo, our Board Member Michelle Brathwaite, was able to connect with community members and share information about our financial wellness programs!
ππΎAt the Chelmsford Volunteer Fair, our Program Coordinator, Morgan Engdahl, had a blast as she shared our initiatives with the community! She even met a few women who have volunteered with us in the past. The day was filled with positivity and purpose.
ππΎOur Program Manager, Kathleen Ralls, PhD, was the keynote speaker at the Dean College Women in Business Conference! π As her bio says, Kathleen is an empowerment leader, acclaimed author, and award-winning educator!
ππΎ Chief Program Officer, Bernadette Wheeler was present at the Lowell ribbon cutting for a new shelter in the community at the Lowell Women in Leadership Breakfast.
#WomenEmpowerment #FinancialWellness #CommunityEngagement #Volunteerism
π Our team was out and about at multiple events, spreading the word about financial wellness and connecting with our community! πΌ
ππΎAt the Black Family Wellness Expo, our Board Member Michelle Brathwaite, was able to connect with community members and share information about our financial wellness programs!
ππΎAt the Chelmsford Volunteer Fair, our Program Coordinator, Morgan Engdahl, had a blast as she shared our initiatives with the community! She even met a few women who have volunteered with us in the past. The day was filled with positivity and purpose.
ππΎOur Program Manager, Kathleen Ralls, PhD, was the keynote speaker at the Dean College Women in Business Conference! π As her bio says, Kathleen is an empowerment leader, acclaimed author, and award-winning educator!
ππΎ Chief Program Officer, Bernadette Wheeler was present at the Lowell ribbon cutting for a new shelter in the community at the Lowell Women in Leadership Breakfast.
#WomenEmpowerment #FinancialWellness #CommunityEngagement #Volunteerism
π Witness the power of advocacy and resilience! In this heartfelt testimony, Ariela courageously speaks out about the challenges she and many other Women`s Money Matters participants and graduates face, along with countless families impacted by the cliff effect. The cliff effect occurs when earning slightly more money results in losing a lot of benefits all at once, making it tougher to achieve financial stability. Arielaβs story powerfully underscores the urgent need for change.
At Women`s Money Matters, we are dedicated to addressing these challenges head-on. We are proud to promote the Bridge to Prosperity Pilot Program, which will provide crucial support for families at risk of falling `off` the cliff. This initiative is a collaborative effort with Springfield Works, Western Mass Economic Development Council, the Food Bank of Western Mass, and the Economic Pathways Coalition.
π’We need YOUR support! Please contact your Massachusetts House Representative and ask for their support and co-sponsorship on Amendment #889. Together, we can amplify the voices of women like Ariela in our program, in our communities, and across our state whose economic trajectory is derailed by the cliff effects.
Together, we`re making a difference and building a stronger, more resilient community.
#EmpowerWomen #CommunitySupport #MassachusettsWomen #ResilientCommunities #EndCliffEffect #EconomicJustice #SupportAmendment889 #AdvocateForChange
π Witness the power of advocacy and resilience! In this heartfelt testimony, Ariela courageously speaks out about the challenges she and many other Women`s Money Matters participants and graduates face, along with countless families impacted by the cliff effect. The cliff effect occurs when earning slightly more money results in losing a lot of benefits all at once, making it tougher to achieve financial stability. Arielaβs story powerfully underscores the urgent need for change.
At Women`s Money Matters, we are dedicated to addressing these challenges head-on. We are proud to promote the Bridge to Prosperity Pilot Program, which will provide crucial support for families at risk of falling `off` the cliff. This initiative is a collaborative effort with Springfield Works, Western Mass Economic Development Council, the Food Bank of Western Mass, and the Economic Pathways Coalition.
π’We need YOUR support! Please contact your Massachusetts House Representative and ask for their support and co-sponsorship on Amendment #889. Together, we can amplify the voices of women like Ariela in our program, in our communities, and across our state whose economic trajectory is derailed by the cliff effects.
Together, we`re making a difference and building a stronger, more resilient community.
#EmpowerWomen #CommunitySupport #MassachusettsWomen #ResilientCommunities #EndCliffEffect #EconomicJustice #SupportAmendment889 #AdvocateForChange
What financial health advice do you wish you received as a younger person? We all wish we had not learned some financial health lessons the hard way, and NOW is your chance to promote confidence in the future generations of girls and women.
We have TWO in person Life Launch programs beginning soon in Lowell. These programs are not just special because they are serving young women and girls, these programs are a chance to start out on the right foot and for these young women and girls to feel confident surrounding their financial future.
1οΈβ£We are calling women who are passionate about empowering other young women and supporting their journey to join us for a 9-week commitment to coaching starting April 24th, every Monday from 5:30 PM to 6:30 PM. This program is in partnership with Brigidβs Crossing, a Catholic Charities Shelter that uplifts and supports young mothers who are in transition and getting themselves and their children back on their feet.
2οΈβ£Our second program in Lowell is in partnership with the Greenhalge Elementary school. This program will be after school Tuesdays 3-4pm and will bring together a group of 9-11 year old girls to introduce them to financial wellness and money management. They will have a space to come together and talk about how money relates to goals, how to break goals into manageable and doable pieces, and begin introducing them to finances to promote confidence in the future.
πͺThis would be an awesome opportunity for a teen girl or young woman who is passionate about empowering our future leaders!
π¨Share this with teens, young women, your friends, your family, and the community in Lowell so we can support these girls and young women in our programs.
Contact us today to get involved! π§[email protected]
Or fill out a volunteer application and indicate interest in the Brigidβs Crossing or Greenhalge programs! https://womensmoneymatters.org/volunteer-application/
#WomenCoachesNeeded #EmpowerWomen #LowellCommunity
What financial health advice do you wish you received as a younger person? We all wish we had not learned some financial health lessons the hard way, and NOW is your chance to promote confidence in the future generations of girls and women.
We have TWO in person Life Launch programs beginning soon in Lowell. These programs are not just special because they are serving young women and girls, these programs are a chance to start out on the right foot and for these young women and girls to feel confident surrounding their financial future.
1οΈβ£We are calling women who are passionate about empowering other young women and supporting their journey to join us for a 9-week commitment to coaching starting April 24th, every Monday from 5:30 PM to 6:30 PM. This program is in partnership with Brigidβs Crossing, a Catholic Charities Shelter that uplifts and supports young mothers who are in transition and getting themselves and their children back on their feet.
2οΈβ£Our second program in Lowell is in partnership with the Greenhalge Elementary school. This program will be after school Tuesdays 3-4pm and will bring together a group of 9-11 year old girls to introduce them to financial wellness and money management. They will have a space to come together and talk about how money relates to goals, how to break goals into manageable and doable pieces, and begin introducing them to finances to promote confidence in the future.
πͺThis would be an awesome opportunity for a teen girl or young woman who is passionate about empowering our future leaders!
π¨Share this with teens, young women, your friends, your family, and the community in Lowell so we can support these girls and young women in our programs.
Contact us today to get involved! π§[email protected]
Or fill out a volunteer application and indicate interest in the Brigidβs Crossing or Greenhalge programs! https://womensmoneymatters.org/volunteer-application/
#WomenCoachesNeeded #EmpowerWomen #LowellCommunity
π Join our resource partner, Boston Bullpen *this* Sunday for an evening of sports nostalgia and community support! π
We`re thrilled to share @bostonbullpenproject`s upcoming event, `The Dream Team: The 1980s Boston Globe Sports Staff,` happening this April 14th from 6 β 8 pm at the Jordanβs Furniture IMAX Theatre in Reading, MA.
Get ready for an unforgettable journey through Boston`s sports history as we gather to celebrate the iconic ensemble hailed as `the greatest sports staff ever` by Sports Illustrated.
But this event is more than just a trip down memory lane. It`s a chance to make a real difference in our community. With 100% of proceeds going to individuals facing hardship in Greater Boston and beyond, your attendance directly contributes to meaningful change. We are partners of the Boston Bullpen, so this event also supports women in our programs who receive direct financial relief from our referral to Boston Bullpen.
Click to register today: https://bostonbullpenproject.org/dream-team-event-2024/
At Women`s Money Matters, we`re dedicated to offering direct financial relief through partnerships with organizations like Boston BullPen and NeighborShare, and initiatives like our WMM EmpowHERment fund, we`re making a tangible impact on people`s lives.
Take, for example, one of our graduates who is a Boston Bullpen recipientβa woman whose car caught fire while driving with her daughter. Thanks to the support of these direct relief initiatives, we were able to provide funding to help with food insecurities and the unexpected expenses caused by the car fire.
There are so many women in our programs with similar needs just waiting to be met by Boston Bullpen, @neighborshare, or the WMM EmpowHERment fund.
Your participation in events like `The Dream Team` not only honors Boston`s sports legacy but also empowers individuals and families in our community facing adversity.
#BostonBullPenProject #EmpowHERment #CommunitySupport #womensmoneymatters
π Join our resource partner, Boston Bullpen *this* Sunday for an evening of sports nostalgia and community support! π
We`re thrilled to share @bostonbullpenproject`s upcoming event, `The Dream Team: The 1980s Boston Globe Sports Staff,` happening this April 14th from 6 β 8 pm at the Jordanβs Furniture IMAX Theatre in Reading, MA.
Get ready for an unforgettable journey through Boston`s sports history as we gather to celebrate the iconic ensemble hailed as `the greatest sports staff ever` by Sports Illustrated.
But this event is more than just a trip down memory lane. It`s a chance to make a real difference in our community. With 100% of proceeds going to individuals facing hardship in Greater Boston and beyond, your attendance directly contributes to meaningful change. We are partners of the Boston Bullpen, so this event also supports women in our programs who receive direct financial relief from our referral to Boston Bullpen.
Click to register today: https://bostonbullpenproject.org/dream-team-event-2024/
At Women`s Money Matters, we`re dedicated to offering direct financial relief through partnerships with organizations like Boston BullPen and NeighborShare, and initiatives like our WMM EmpowHERment fund, we`re making a tangible impact on people`s lives.
Take, for example, one of our graduates who is a Boston Bullpen recipientβa woman whose car caught fire while driving with her daughter. Thanks to the support of these direct relief initiatives, we were able to provide funding to help with food insecurities and the unexpected expenses caused by the car fire.
There are so many women in our programs with similar needs just waiting to be met by Boston Bullpen, @neighborshare, or the WMM EmpowHERment fund.
Your participation in events like `The Dream Team` not only honors Boston`s sports legacy but also empowers individuals and families in our community facing adversity.
#BostonBullPenProject #EmpowHERment #CommunitySupport #womensmoneymatters
π Join us for our Volunteer Appreciation Event! π
April is National Volunteer Month, and here at Women`s Money Matters, we`re celebrating YOU!
Volunteers are the heartbeat of our organization. The dedication and passion of our volunteers drives our mission to empower women and girls through financial education.
All members of our volunteer community are invited to our upcoming virtual Volunteer Appreciation Comedy Night Event!
π What: Volunteer Appreciation Event - A Night of Laughs & Gratitude
π
When: Apr 24, 2024
π Time: 7:30-9pm EST
π Where: Register for this Zoom event today! https://qrco.de/bexqTu
Get ready for an evening filled with laughter and gratitude as we celebrate your incredible contributions to Women`s Money Matters. π
We`ve lined up a special comedy show to lift your spirits and honor your hard work. Plus, we`ll shine a spotlight on outstanding volunteers during our award recognition ceremony. π
Host a watch party for our virtual Volunteer Appreciation Event and introduce potential new volunteers to the amazing community at Women`s Money Matters! πGather your friends, family, and colleagues for a virtual viewing party, where you can share the excitement and impact of volunteering with us. Plus, you`ll have the chance to win raffle prizes and be a part of our mission to empower women through financial education. It`s a win-win for everyone!
Let`s come together to laugh, celebrate, and appreciate all that you do to empower women`s financial independence.
See you there!
#VolunteerAppreciationMonth #WomenEmpowerment #FinancialLiteracyMonth #Financial Wellness #Volunteer
π Join us for our Volunteer Appreciation Event! π
April is National Volunteer Month, and here at Women`s Money Matters, we`re celebrating YOU!
Volunteers are the heartbeat of our organization. The dedication and passion of our volunteers drives our mission to empower women and girls through financial education.
All members of our volunteer community are invited to our upcoming virtual Volunteer Appreciation Comedy Night Event!
π What: Volunteer Appreciation Event - A Night of Laughs & Gratitude
π
When: Apr 24, 2024
π Time: 7:30-9pm EST
π Where: Register for this Zoom event today! https://qrco.de/bexqTu
Get ready for an evening filled with laughter and gratitude as we celebrate your incredible contributions to Women`s Money Matters. π
We`ve lined up a special comedy show to lift your spirits and honor your hard work. Plus, we`ll shine a spotlight on outstanding volunteers during our award recognition ceremony. π
Host a watch party for our virtual Volunteer Appreciation Event and introduce potential new volunteers to the amazing community at Women`s Money Matters! πGather your friends, family, and colleagues for a virtual viewing party, where you can share the excitement and impact of volunteering with us. Plus, you`ll have the chance to win raffle prizes and be a part of our mission to empower women through financial education. It`s a win-win for everyone!
Let`s come together to laugh, celebrate, and appreciate all that you do to empower women`s financial independence.
See you there!
#VolunteerAppreciationMonth #WomenEmpowerment #FinancialLiteracyMonth #Financial Wellness #Volunteer
π Did you know? Despite progress, there`s still a significant gender wealth gap in women-led families. According to recent data, the median wealth of female respondents is just 55 cents for every dollar of male respondent wealth. That`s a staggering 45% penalty in median family wealth for women compared to men.
Even after adjusting for various individual and family characteristics, the gap persists. Female respondents still face a median wealth that is 9% less than that of male respondents. These findings suggest that families with a female respondent may be less resilient to unexpected shocks, less prepared for retirement, and less able to support children`s upward economic mobility.
This Financial Empowerment Month, let`s tackle these disparities head-on!
Join us at Women`s Money Matters as we celebrate Financial Literacy Month by empowering women and girls living on low-incomes with the knowledge, skills, and confidence they need to bridge the gender wealth gap and achieve financial wellness.
Together, let`s make a difference in people`s lives by promoting financial literacy and empowerment! πͺπ°
β‘οΈData source: https://www.federalreserve.gov/econres/scfindex.htm https://www.stlouisfed.org/publications/in-the-balance/2021/gender-wealth-gap-families-women-lower-wealth
#FinancialLiteracyMonth #GenderWealthGap #WomensMoneyMatters
π Did you know? Despite progress, there`s still a significant gender wealth gap in women-led families. According to recent data, the median wealth of female respondents is just 55 cents for every dollar of male respondent wealth. That`s a staggering 45% penalty in median family wealth for women compared to men.
Even after adjusting for various individual and family characteristics, the gap persists. Female respondents still face a median wealth that is 9% less than that of male respondents. These findings suggest that families with a female respondent may be less resilient to unexpected shocks, less prepared for retirement, and less able to support children`s upward economic mobility.
This Financial Empowerment Month, let`s tackle these disparities head-on!
Join us at Women`s Money Matters as we celebrate Financial Literacy Month by empowering women and girls living on low-incomes with the knowledge, skills, and confidence they need to bridge the gender wealth gap and achieve financial wellness.
Together, let`s make a difference in people`s lives by promoting financial literacy and empowerment! πͺπ°
β‘οΈData source: https://www.federalreserve.gov/econres/scfindex.htm https://www.stlouisfed.org/publications/in-the-balance/2021/gender-wealth-gap-families-women-lower-wealth
#FinancialLiteracyMonth #GenderWealthGap #WomensMoneyMatters
