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Momorandum Archive »
Executive Momorandum
Because You're Worth It
9/10/2009
- Because You're Worth It
- Did You Know?
The unpleasant thing about unpleasant stereotypes is that they can have at least
kernel of truth to them. For instance: the stereotype that women are
not as confident or capable with money. It is a one that is quickly
belied by opening up the pages of the Wall Street Journal, or looking at the
many business and financial stars among the members of Executive Moms, or
perhaps just looking around you ... if not in the mirror. BUT (here's the
kernel of truth part), there remains considerable financial inequity in the U.S.
for women, and as much as that has been imposed upon us, how can we ensure we
are helping rather than further hurting our own cause?
One Source for Small Steps Toward Female Financial Empowerment: Daily Worth
Daily
Worth is a free, daily email providing tips and advice on personal
finance and business for women, It's underlying manifesto is that we as
women must recognize our own self-worth, ask for higher salaries, invest more
aggressively, and build our own wealth.
You've heard some of the sobering statistics: in 2009
in the U.S., women still make only $0.70 for every dollar earned by men... and
women retire with an average of one-third fewer savings than men (though
we live longer). And yet the recession has only served to boost the
percentage that women comprise of the overall workforce, and indeed our gender
is an important workplace commodity.
Thus, the emergence of this little daily offering of financial information,
affirmation and/or motivation. In fact what most appeals in the Daily Worth
approach is that, while the content is inherently weighty, it is leavened by
being served in sassy, digestible nuggets (much like an "Executive Momorandum,"
might we note). Recent topics have ranged from how to best shop for
clothes without losing your shirt, to a fast primer on capital gains, to how to
calculate how much home you can afford to buy in the current market. In
addition, the site features additional content via a blog written by founder
Amanda Steinberg and several contributors; the
most popular post to date (and our personal favorite) offers a tight analogy
between a Weight Watchers diet and a money diet (i.e. when you use up all your
"points," you have to hold back until you accrue new ones. Sigh).
dailyworth.com
Did
You Know? An ExecutiveMoms.com Fun Fact
Did you know that every Executive
Momorandum we've emailed since 2002 is archived on ExecutiveMoms.com?
It's a great resource for jogging your memory on a favorite resource or idea we
featured a while back... or catching up on the ones you may have missed if you
joined us more recently.
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