234 National Financial Literacy Month - Day 27 - Financial Literacy & Women

<p>After observing a news broadcast earlier today, the discussion surrounding the cost of living crisis came up. The focus of the news report was centered on childcare costs and the gender pay gap.</p><p>Facts: </p><p>Twenty-five percent (25%) of family budgets go toward childcare expenses. </p><p>When it comes to the gender pay gap,  it takes Caucasian women three more months to equal the pay of Caucasian men.</p><p>It takes African American women seven more months of work to equal the pay of Caucasian men.</p><p>It takes Hispanic women ten more months of work to equal the pay of Caucasian men.</p><p>Women earn eighty (80) cents for every dollar a man earns which should be corrected considering they work the same job, this is pay inequity of the highest order. </p><p>Living wages required a per hour wage rate of $35.80 to keep up with inflation, however, the federal living wage rate is only $7.35 an hour.</p><p>The workforce is feeling widespread burnout. A lot of it is due to the inflation cycle and pay inequality.</p><p>Fifty-three percent of women surveyed stated stress levels are higher than they were a year ago. All in all, when it comes to financial literacy for women there are still a lot of challenges they face and more effort needs to  be put into correcting the wrongs of pay inequity and flexible work schedules that can accommodate women in all industries.</p><p>Learn about Paul Lawrence Vann's digital Financial Fitness course, it is being offered at a 50% discount throughout the month of April, National Financial Literacy Month, here is the link:  <a href="https://bit.ly/3dbperG">https://bit.ly/3dbperG</a></p><p> </p>