Читать книгу Financial Adulting - Ashley Feinstein Gerstley - Страница 24
CHAPTER 2 Equity and Personal Finance
ОглавлениеYou might be wondering why a chapter on equity comes before any of the financial how-to in a personal finance book. After reading this, I hope you'll wonder why it's not the first thing covered in every single personal finance book.
Because, when the minimum wage has been $7.25 since 2009 while prices of goods have gone up 27% since then,1 it doesn't matter how well you budget.
When you have an overall racial wealth disparity of 8 to 1,2 and a gender wealth disparity of 3 to 1 for women, 50 to 1 for Black women, and 100 to 1 for Latinas,3 explained by the enslavement of Black people and systemic oppression, that's not going to be resolved by investing alone.
When mothers are paid 30% less,4 just for being mothers, are offered no paid leave, and childcare prices are astronomical, women continue to struggle and those who can drop out of the workforce by the millions.