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News Release
Financial Advice Designed for Women - 10/19/18

Women’s Leadership Center is pleased to announce the upcoming workshop Financial Empowerment: A Pathway to Informed Decisions and Financial Independence. The Women’s Leadership Center recognizes the vital role finances play in empowering women, and so offer a workshop of financial advice designed for women, by women.

This three part workshop addresses the unique financial gender disparities that women face, such as the wage gap. A gap, which has women earning $.80 for every dollar made by our male counterparts. This disparity is even greater amongst women of color. Black women earning just 62.5% compared to their white male counterparts in 2016 and Hispanic or Latina women 54.4% reducing the income of women over $10,000 each year.

Over a 40 year career women will lose over $400,000 based on today’s wage gap and they will spend more money on the products they use. So while women are saving a higher percentage of their income they still enter retirement with fewer saving than men. Women retire with only two-thirds the money of men. With an average lifespan 5 years longer than men these funds are stretched even further.

This makes investing and saving of increased importance for women. Currently women do not invest as early as men do, and keep more of their assets in cash that doesn’t allow for growth. When women do invest they consistently outperform men, exceeding male investors by 0.3% in2016.

While financial advice for women isn’t all that different than that of men’s, it is essential that it addresses the current gender disparities within finances. This all contributes to women’s financial stability and opportunities. In order to empower women, we have to ensure that women have access to financial planning information. Too often women are left out of important financial decisions, socialized to not discuss money, and fail to have the support of a trusted advisor. With proper resources women can take the next steps toward financial empowerment.

Please join Women’s Leadership Center for Financial Empowerment: A Pathway to Informed decisions and Financial Independence

An interactive and empowering dialogue on finances and personal futures, Jennifer Rhoads will lead attendees as they increase awareness on how individual choices directly influence occupational goals and future earnings potential. Real world topics covered will include income, money management, spending and credit, as well as saving and investing.

Attendees will gain increased knowledge in finance, debt and credit management, design personal and household budgets utilizing checking and saving accounts, and better understand insurance and taxes. Attendees will ultimately work towards an increased foundational understanding for making informed decisions leading to financial independence.

Facilitated by Jennifer Rhoads, CFP

Mondays 10/22-11/5

5:30 PM – 7:30 PM

$80, partial pay scholarships available

Registration available at: ywcaclarkcounty.org/wlc

For questions contact Cheyanne Llanos Bare by email are@ywcaclarkcounty.org">cllanosbare@ywcaclarkcounty.org or phone (360)906-9157