Posts Tagged ‘women’

The Invisible Economy

Friday, March 11th, 2011

woman-sweeping.jpeg
(photo credit: mi55er)

How much is an hour of bathroom cleaning worth? What about 24 hours of child care? How much would you be paid to do these things in another person’s home?

How about in your own home?

According to a new international study, the “unpaid economy” - jobs like food shopping, washing up, and getting the kids to bed – would represent about a third of a nation’s total economy if it were paid.

The Organisation for Economic Cooperation and Development looked for signs of gender equality in this unpaid work, which was traditionally done only by women.

They found that even though men have come a long way toward helping out with these tasks, they’re still not likely to spend as much time on them as women do… even if they’re unemployed.

Bring THAT to your next macroeconomics class.

“Women want to tame him, but he has loved once, and now is lost…” Romance Publisher Harlequin Offering Personal Finance Books

Friday, January 28th, 2011

Our Canadian friends at The Globe and Mail reveal the latest trend in financial education:

Making personal finance books pink. You know, so girls will read them.

Harlequin, publisher of such romance classics as Alaskan Heat and Surrender to an Irish Warrior*, has already put out one book (The Frugalista Files: How One Woman Got Out of Debt Without Giving Up the Fabulous Life) and plans to publish more in the future.

Okay, we know men and women spend differently and even think about money differently. But will coloring personal finance books pink and talking about shoes really make finance matter for the ladies?

What do you think?

*Trahern MacEgan—his body is honed for fighting, his soul is black and tortured. Women want to tame him, but he has loved once, and now is lost. – eharlequin.com

The New Face of Philanthropy Is Slightly More Feminine

Friday, May 29th, 2009

The way people spend, grow, and give their money is changing. This write-up demonstrates one way in which the face of philanthropy and finance has changed.

  • Three years ago, sisters Swanee Hunt and Helen LaKelly Hunt seeded a philanthropic challenge with $10 million, named Women Moving Millions, to raise money for programs helping girls and women.
  • Women’s charitable giving is often less publicized or done anonymously; this initiative has inspired many women to step out and give boldly.
  • The fiscal prowess and sophistication of this group has caused some people to consider if this current economic crisis might have been avoided had more women been in positions of power within the finance sector.

Facts & Figures

  • Women Moving Millions has raised $176 million for programs to improve the lives of girls and women.
  • 98 women and 2 men have joined the challenge so far.

Best Quote

“It’s about standing up for what we believe. I’ve done a lot of amazing things. I have climbed mountains and dived ocean waters. But the very best thing I’ve done is to give this $1 million gift.” – Anonymous Donor to Women Moving Millions