News Roundup
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In this day and age of gender equality, one would think that expecting a man to pay all expenses on a date would be considered unenlightened. Not so. And people have very strong feelings about these gender roles and money. Discussions about the topic can sound like a good old-fashioned war between the sexes.
It’s an interesting thought experiment to consider who profits when girls and women spend their energy and money on aesthetics, rather than their intellectual or personal development. In this article, I argue that the $265 billion (!) spent annually on the global beauty industry is mostly a waste of time, a waste of money, and a waste of intellect. And it doesn't even make us feel better.
How Women Really Feel about Money: It's Complicated
My colleague Marybeth Storjohann surveyed her female clients about their feelings about money. Her conclusion? "Feelings are varied and evolving, and largely depend on each person’s experience with money."
From the Washington Post: behavioral economics show that women tend to make better investments than men.
The Skinny on the Wage Gap
Women make 82% of what men do, and the wage gap has hardly moved in the last decade. It has decreased significantly however since 1979, and women's wages have soared from what they were then compared to men's.
The Skinny on the Wealth Gap
Median wealth for single men is more than three times greater than it is for single women during their working years. Women in retirement are significantly at risk of falling into poverty, especially if they have had children.
From Business Insider: Best Websites about Money
— Investopedia
— Kiplinger
— Wise Bread
— LearnVest
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