“When women earn more, all society benefits immensely. The research proves it.” – Rachel Rodgers
I truly believe that financial literacy for all -is the fastest way to ensure that we live up to the great American ideals of life, liberty and the pursuit of happiness.
Let me explain.
Wealth changes every aspect of our lives. Some things are obvious like the more wealth you have – the better neighborhood you are able to live in. Or the more likely you are to afford activities like travel or spending leisure time with family, that improves your quality of life.
However, wealth impacts other aspects of our experience as well. From how long we live, to the type of education we are able to access, to our access to healthcare.
I don’t pretend to think that money can alleviate all aspects of systematic bias. It can’t. But it sure as hell can get us close.
And, if improving your own life and the life of your family isn’t a compelling enough reason for you to embrace financial literacy – I want to talk about giving back and improving our communities.
Did you know, that Black Americans give a larger share of their wealth to charities than any other racial group in America? Sixty-three percent of Latino households now make charitable donations. And, on average, Asian American households give away a larger percentage of their income per year than whites. Additionally, studies show that women of all races give more of both their time and money than men.
The problem?
The racial wealth gap. And, the gender wealth gap.
The typical White family has eight times the wealth of the typical Black family and five times the wealth of the typical Hispanic family. And, on average women in the United States own a mere 32 cents to every dollar that men own.
I want to change that through education.
Given these statistics – you can see that women and POCs getting our money together and building wealth can be revolutionary.
With a predatory financial industry that disproportionately targets marginalized groups and excludes women, having a solid financial foundation is an act of protest.
I am part of the new guard of financial experts – who believe in equality for all and provide BIPOC and women with resources to get money, save money, and grow it to improve our own and our families’ lives – AND, fight against systematic inequality.
The best way to do this? Let’s get rich ya’ll!
A few facts about me, Tamara:
I earned a graduate certificate in personal finance from Pepperdine University’s Graziadio Business School.
I’ve helped countless women earn more money, negotiate their salaries, invest in the stock market for the first time, create budgets and build wealth.