Sallie's Opinion

Let’s not pretend like progress is inevitable

I hate being a pill. I really do.

But I found myself playing the role of Chief Pill Officer last week at a couple of different events, where the topic was the advancement of professional women in business.

The case was being made that the stats around women in business are so compelling that progress is simply inevitable, be it in corporate America, venture capital, or start-ups: More diverse teams outperform homogeneous teams; women-run start-ups deliver better returns; companies with more gender-diverse boards perform better.

All great stats. All compelling. All driving to one big insight. But.

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The words “Ellevest Women’s Financial Health Index” and a descending line chart that goes slightly up at the end. The last point is labeled “1.5, SEP 2022.”

Last month’s Ellevest Financial Health Index score is in

The index was 1.5 in September 2022 — no substantial change from August or July, when women’s financial health saw its lowest point in the last five years. Here’s more about the index and what changed (or stayed the same).

GET THE DATA >

We’re thinking about … PRENUPS 💍

We asked our IG community what you think about the ol’ prenuptial agreement. Here’s what you said:

ALREADY HAVE / DEF WILL WANT A PRENUP

72%


THOSE REAL HOUSEWIVES THINGIES?	14%

NO WAY, THEY'RE A BETRAYAL

12%

NEVER HEARD OF 'EM

2%

“You already have a prenup — aka the divorce allocation laws where you live.”

– Elle Raiser @corsairqueen via Instagram, skipping right to the prenup real talk. She’s right, especially if your spouse handled the finances: 74% of divorced women and widows end up with negative financial surprises when their marriages end.

A woman holding a baby sitting at a computer with a bottle nearby. Shapes like calendars and checklists float around. Illustration.

Family Planning Financials — According to a Financial Advisor

Planning to have a family is no easy thing for a woman in the workforce. But as Ellevest’s Emily Green learned, there are ways to prepare for all those unseen costs that may arise.

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•	All About Membership: Your Ellevest membership comes with more perks than you think — let’s walk through ‘em together. 👣️ NEXT TUESDAY 10/25 @ 5 PM ET: Sign up for free
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October calendar too bOoOoOked? 👻 Check out our full schedule of upcoming workshops.

Tweet from Twitter user Bhattacharyaz that reads, “One relationship I kept ignoring in life and just started mending [the] past few months because I realized it's also the most important one. That's my relationship with money … Here's hoping I behave.”

Some news 2 peruse

•	PSA: The government’s student loan forgiveness application is live, and it only takes about one minute to fill out. All you need is your name, SSN, birthday, and email address. If you qualify for the forgiveness, you have until December 31, 2023 to fill it out.
•	Weirdly proud of a nationwide drugstore chain? CVS announced that it’s going to lower prices and start paying the sales tax on its store-branded menstrual products in 12 states. (Now expand that to all menstrual products.)
•	Finally, FINALLY, dudes are speaking up about abortion rights.
•	This week’s nightmare statistic: 36% of US counties are “maternity care deserts,” and nearly half of US counties do not have any obstetric providers. Nearly! Half!!
•	Important, ICYMI: Lizzo’s Vanity Fair cover, Megan Thee Stallion tearing up about her mom on SNL.️

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This week’s newsletter was brought to you while permitting fear to pass over us and through us. Forward it to your friends who stan women-led sci-fi.

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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.

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negative financial surprises Student Loan Forgiveness one big insight ol prenuptial agreement REAL HOUSEWIVES THINGIES divorce allocation laws last five years Chief Pill Officer prenup real talk

What The Elle - 💊 Go Ahead, Be a Pill About It

Let’s not pretend like progress is inevitable

🙋‍♀️Have five minutes for a quick survey?

Last month’s Ellevest Financial Health Index score is in

We’re thinking about … PRENUPS 💍

“You already have a prenup — aka the divorce allocation laws where you live.”

Family Planning Financials — According to a Financial Advisor

Mark your calendar: Upcoming Ellevest workshops

Some news 2 peruse

Join Ellevest’s feel-good-about-money club.

This week’s newsletter was brought to you while permitting fear to pass over us and through us. Forward it to your friends who stan women-led sci-fi.

Key phrases

Older messages

👩🏽‍💼 What’s Wrong with “Woman CEO”?

💼 What women want (from their employers)

💡 5 Surprising Stats on Women and Money

📣 Today’s Financial Wellness Day!

💸 Money Cheat Sheet: Do You Have a $ Map?

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