🙃 Opinionated: Oh Hey, Double Standards

Plus: the financials of egg freezing and the perfect way to close out August. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 
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Sallie's Opinion

Man Rewarded for Bad Acts, Woman Punished for Social Life

 

In the news recently:

Man does the wrong thing, gets his business funded. In fact, record amounts of funding.

Women do the right thing, get punished.

And woman who has too much fun — in her private life, on her own time — gets bullied into taking a drug test.

Let’s unpack those double standards a bit, shall we?

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CO-FOUNDER & CEO
 
An increasing 3D bar graph with the final, tallest bar highlighted and a baby stroller in front of it. Illustration.

ICYMI on the Magazine

Ellevest Financial Advisor Cameron Rogers recently went on the Stork’d podcast to talk about her experience with — and the financials behind — freezing her eggs.

READ THE HIGHLIGHTS >

An illustration of an envelope with a fan of cash sticking out.

Fall is coming

Close out the last week of August feeling good about your money with our 7 Days of Intentional Spending email course, where you’ll name your values and connect them to your budget.

FREE FOR MEMBERS >

A tweet from @lauryntamiaaa that says, “Now that I actually have a comfortable amount of money, I can say that it does indeed buy happiness. The guilt free occasional food delivery, being able to afford going out w friends, buying something that makes life easier, health appointments!, hiring a service. Y’ALL THEY LIED.”

Q: Will the “Inflation Reduction Act” actually reduce inflation?

A: Good question. Not any time soon: The Congressional Budget Office expects it to have a “negligible” effect on inflation in 2022 and 2023. The bill does create a 15% minimum tax for corporations with income over $1 billion, but it also includes $300 billion in new spending on green energy and climate reforms. This is good in the long run, of course, but historically, government spending usually worsened inflation in the short term.

Psst: This is an excerpt from The Edit, a place for bite-sized tips and useful info in the Ellevest app. Ellevest members can launch the app to read this week’s edition.

 

Gender-lens vs impact investing?

Come learn the difference (and a lot more!) in our next Investing, Part 2 workshop.

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Quotable links of the week

“It’s become apparent that many of the promised rewards of professional striving are never going to materialize. Why, some women are wondering, should I keep trying so hard?” — Ann Friedman in Elle, ruminating on what comes after ambition.

“Receiving mentorship from someone who looks like you … increase[s] the likelihood of a shared understanding of issues like colorism, systemic racism, machismo, classism, and xenophobia — and this cultural competency can radically transform the effectiveness of mentorship.” Here’s a spotlight of just a few mentorship programs for Latinas from Refinery29.

“It is the only way I know how to live, a coping mechanism that helps me feel vulnerable enough to remain in a committed relationship but safe enough to know that staying isn’t my only option.” — Naomi Jackson in The New York Times on the concept of ‘vex money’ and what it does to love.

“My sister and I always had a passion for wine that we wanted to share with the world, in an industry where very few people looked like us.” — Robin McBride for Entrepreneur on what she and her sister learned starting the largest Black-owned wine company in the US.

“Very excited to announce I’ve composed an original score for the New York City Ballet.” — Solange, last week. 🔥

 

Unlock those free email courses, worksheets, and live workshops.

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This week’s newsletter was brought to you while looking back at the earliest women in photography. Forward it to your friends who always get the shot.

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DISCLOSURES
 
All opinions and views expressed by Ellevest are current as of the date of this writing, for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.
Information was obtained from third-party sources, which we believe to be reliable but not guaranteed for accuracy or completeness.
The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice.
The information provided does not take into account the specific objectives, financial situation, or particular needs of any specific person.
Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time.
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Friday, August 12, 2022

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