Opinionated: Leaving Stereotypes Behind This Father’s Day

Plus, new summer coaching sessions! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 
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Sallie’s Opinion

A Father’s Day Gift We All Need

 

It is a truth universally acknowledged (at least by us) that it’s important for couples to talk about money and take equal roles in their joint finances. But with Father’s Day approaching this weekend, we’ve been thinking especially about its importance for couples whose money management falls into traditional gender roles. (There’s not as much research, yet, about how LGBTQIA+ couples split money, though it does seem like sometimes, it can be hard for everyone to break out of these roles.)

We also often talk about the damaging societal messages that girls and women receive around money, and how we internalize that “we’re not good with money,” and how we lack men’s confidence around money. Even though we are as good or better at math than men and are better investors, earning higher returns.

And so women in relationships with men have traditionally outsourced the management of our money — and particularly the higher-order decisions, like investing — to our partners. Even millennials (61%) and even women breadwinners (62%) allow their male partners to take the lead on long-term financial decisions.

But you know who this might be as bad — or, in some cases, worse — for than women?

 READ THE REST 
A computer showing women video conferencing. Floating objects including a beverage and graphs. Illustration.

Go ahead, invest in yourself

Be the rockstar that you are in your current role, climb that ladder if you want to, and plan that summer party to talk about money with friends — here are all the new ways you can work with an Ellevest coach.

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Text graphic that reads, “Talk about money. Model equality.”

Bye bye bye, stereotypes and taboos

Four ways to show up for the kids in your life so that everyone has the chance to be financially successful.

READ MORE >

A gift card featuring a stack of cash with a heart logo. Illustration.

Be *that* person who gives the best gifts

Fund someone special’s money or career journey this summer with a digital gift card.⁠

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Short reads, big impact

A beautiful comic about money anxiety. 💸

Vocab flex. Openness = neophilia. See also: Go ahead and try new things.

Life-changing career changes are having a moment. If only there was a coach to help guide us through that … 💁

“If we want to spur the pace of growth in the world’s biggest economy … true advancement would require breaking down barriers that make it difficult, at best, for Black women to succeed in the American labor force.”

The newest way to shift the balance of power? “Shattering the résumé.”

You deserve to relax. But your money should be working this summer.

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This week’s newsletter was brought to you while watching the 2021 Pulitzer Prize announcement. Forward it to your friends who are winners.

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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.
Banking products and services are provided by Coastal Community Bank (“Coastal”), Member FDIC, pursuant to license by Mastercard International. Your Ellevest Spend and Ellevest 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.
 
 
 

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