Wednesday, August 30, 2023

Hey Cat, did YOU know ..

“When I was looking at the personal finance industry, I typically saw white men telling women, ‘the reason that you’re not wealthy is because you buy lattes every day.’ And we know that’s not true,” she says. “That’s when I really started to dig into the macroeconomic impact that the world and our financial systems have on women’s bank accounts.”

What Rogan discovered motivated her to write her debut book, The Pink Tax: Dismantling a Financial System Designed to Keep Women Broke, which came out in May. While the pink tax typically refers to the price discrepancy between men’s and women’s products (for example, women’s razors cost more than men’s), Rogan’s book delves even further into society’s economic impacts on women, from getting a car at a dealership and being quoted higher prices to being paid less and how that impacts earning potential. It’s a domino effect; when women have less money to start with, plus the pink tax, they have less disposable income, which means less money to save, invest and build wealth."

~ Janine Logan to Lora Grady

"How to be a financial feminist"

https://www.cpacanada.ca/en/news/pivot-magazine/cpa-janine-rogan

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