August 23, 2021

Girls just wanna have funds

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Today’s business world is saturated with powerful women growing their own businesses and excelling in prominent roles. Despite this progress, many women in business find themselves at a distinct disadvantage. According to the U.S. Bureau of Labor Statistics, women earned 82 cents for every dollar earned by men in 2020, with women of color facing an even wider gap. While we have made some progress over the years, we have a long way to go before reaching true equality.

 

On top of the wage gap, “looking the part” of a businesswoman is more expensive than looking the part of a businessman. This can include spending money on hair and nail appointments, up-to-date outfits, makeup and other expensive cosmetics. As women age, many also allocate significant funds toward plastic surgery and cosmetic procedures, with Botox costing $325 to $600 per unit on average. These are expenses that few men feel they need to consider.

 

– Main Street Nashville

 

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Author

Teresa J.W. Bailey

Director of Development

Wealth Strategist

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