Ellevest: Nothing Bad Happens When Women Have More Money

From Alexandra Ramirez, Brand Marketing Director

Yup. Seriously nothing. ICYMI: Earlier this week, Women’s History Month came to the most anticlimactic end in, well, history. And Equal Pay Day became a blip on our own, and the world’s, radar. As CEO Sallie Krawcheck wrote earlier this week, it’s hard to think about fighting for equal pay when people are fighting to make ends meet.  Research shows, however, that people with less privilege — women and particularly women of color and trans women — are more likely to be negatively impacted in a pandemic. Similar to the gender-neutral approach to investing that has held women+ back for so long, there is a gender-neutral approach to pandemics. And while policymakers will say there are “bigger issues,” the reality is the gender disparities that existed before COVID-19 have only been amplified.So what’s a financial feminist to do? To be honest, I’m struggling to answer that question right now, too. I’m holding onto these four truths as I head into the weekend: 1) The fight for gender equality affects millions of women and girls and we must keep it in focus, 2) women supporting women is more important than ever, 3) we cannot do this without our allies and people of privilege using their power to prioritize gender equality, and 4) nothing bad happens when women have more money.

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