Opinionated: How Do We Stop Moving Backward?

Plus: 179 businesses owned by women+ to shop right now. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 
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Sallie’s Opinion

Progress for Women Is Not Inevitable

 

And, just like that, it’s March. Women’s History Month, International Women’s Day, Equal Pay Day.

In other words, March is sort of our month over here at Ellevest. (Although on that last thing, Equal Pay Day? Snort. After the financial devastation that the pandemic has caused for women, there’s seriously no way that women only have to work until March 24 to earn what men earned in 2020. Just no way.)

Over the past couple of weeks, I’ve written about the money lies we’re told as women, as well as the money truths.

As we round the corner into March, it strikes me that there may be another money lie that we should put to rest: that the financial and economic progress of women is inevitable.

It feels like it should be, doesn’t it? With our first woman vice president. With a woman Speaker of the House. With women as the majority of college and advanced degree graduates. With more women than ever leading Fortune 500 companies. With the number of new women-owned businesses running at more than double that of all businesses over the five years leading up to the pandemic.

But that was before the pandemic, and the past year has demonstrated that progress is 100% not inevitable.

We’ve got some ideas for the way forward.

 READ THE REST 
 
A collage of some of the women business owners in our list of recommendations.

Shop these 179 women+ today

We just published another list of recommendations from the Ellevest community — this time featuring businesses owned by Asian American and Pacific Islander women+.

SHOP THE LIST >

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A tweet by Lynnette Khalfani Cox, The Money Coach, on Thasunda Brown Duckett, who was named CEO of TIAA, becoming the third black woman ever to head a Fortune 500 company, and the second one in the current list.

“I would kindly ask, to all my white colleagues in this industry, an industry that we love and that has granted us enormous privilege … to pull up, show up, and get this issue resolved.”

Ellen Pompeo, on the lack of diversity in the Golden Globes

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5 great reads this week

“The Dolly Moment: Why We Stan a Post-Racism Queen” —Essaying, by Tressie McMillan Cottom

“Renee Montgomery Buying a Stake in the Atlanta Dream Shows How Powerful WNBA Players Are” — For The Win

“What Is the Equal Rights Amendment and Will It Become Part of the Constitution?” — The 19th*

“For Women in Economics, the Hostility Is Out in the Open” — The New York Times

“Black Women Are Taking Over the Footwear Industry” — The Undefeated

Nothing bad happens when women have more money.

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This week’s newsletter was brought to you while reading the latest developments in the evolving Potato Head story. Forward it to your friends who know that gender is a social construct, even for plastic tubers.

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DISCLOSURES
 
*The “Ellevest Women’s History Month” promotional offer (the “Promotional Offer”) is offered to new Ellevest banking clients who satisfy the following “Eligibility Terms” on or before 11:59 PM EST on March 31, 2021 (the “Promotional Period”): (1) enroll in the Ellevest banking service (Ellevest Spend or Ellevest Save accounts) and (2) make a successful deposit into either their Ellevest Spend or Ellevest Save account. This promotion is available to the first 1,000 eligible clients who satisfy the Eligibility Terms, as determined by Ellevest in its sole discretion. Clients who satisfy the Eligibility Terms on or before the end of the Promotional Period will receive a $5.00 USD credit (the “Promotional Credit”) deposited to their Ellevest banking account by 5/31/2021. Clients must maintain an active Ellevest banking account through 5/31/2021 in order to receive the Promotional Credit. This Promotional Offer is only available to new Ellevest banking clients and is not valid in conjunction and cannot be combined with any other offers or promotions. Limit of one (1) promotion per new client. Ellevest reserves the right to withhold payment and refuse to award you the Promotional Offer if it determines, in its sole discretion, that the promotion was claimed under wrongful or fraudulent circumstances, that your participation is against the spirit of the program, that making payment would constitute a violation of your Ellevest Membership Terms and Conditions Agreement or applicable federal or state law, that the Promotional Offer is not applicable to the particular Ellevest membership service, or that incomplete or inaccurate information was provided. Ellevest reserves the right to end or modify any promotion at any time.
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.
Banking products and services are provided by Coastal Community Bank (“Coastal”), Member FDIC, pursuant to license by Mastercard International. Your Ellevest Spend and Save Account deposits will be insured to the regulatory limits by the FDIC through Coastal Community Bank, Member FDIC.
Funds held in your Ellevest investment accounts are not FDIC insured, not guaranteed by Coastal, and may lose value. Ellevest does not guarantee investment performance.
Ellevest Membership fees are as follows: Ellevest Essential is $1 per month, Ellevest Plus is $5 per month, and Ellevest Executive is $9. Other fees as described in Ellevest’s Wrap Fee Program Brochure and the Ellevest Membership Terms and Conditions Agreement will continue to apply.
 
 
 

Older messages

Raising Elle: The New New for March

Friday, February 26, 2021

Plus: Women's History Month sneak peek. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Opinionated: 7 Truths About Women and Money

Tuesday, February 23, 2021

Plus: The science of mansplaining. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Money Cheat Sheet: What 2,000 Women+ Told Us

Thursday, February 18, 2021

Plus: Answering your questions about love and money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Opinionated: The 6 Money Lies Told to Women

Wednesday, February 17, 2021

Plus: What you need to know about cryptocurrency. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Money Cheat Sheet: A Long-Term Relationship 💖

Saturday, February 13, 2021

Plus: Workshops you don't want to miss. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Money Cheat Sheet: Meme Stocks 🍿

Thursday, June 24, 2021

Plus, what to know about stocks to start investing. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Venmo Is About to Get More Expensive for Millions to Use

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Venmo just announced several new fee changes in an email to users. You're probably not going to like them. June 23, 2021 EVERYDAY MONEY Venmo Is About to Get More Expensive for Millions to Use

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Bloomberg The delta variant of the coronavirus is spreading rapidly in the US and now accounts for one-fifth of recent infections in the world's hardest-hit country. Meanwhile, a new study provides

🌎 EVs are taking over the world

Wednesday, June 23, 2021

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Get in the YOLO mindset

Wednesday, June 23, 2021

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Anyone want to buy my old clothes?

Wednesday, June 23, 2021

plus wolves you should love + ACNH MCR June 23, 2021 • Issue #99 Dollar Scholar Dollar Scholar Hi y'all — I am not what you (or, uh, anyone) would call “fashionable.” Not only do I have a weakness

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Tuesday, June 22, 2021

Bloomberg US Federal Reserve Chair Jerome Powell acknowledged that recent price increases have been bigger than expected, but reiterated that they are temporary in nature and not emblematic of a long

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