Wage Gap

Do You Fall Into the Wealth Gap?

Do You Fall Into the Wealth Gap?

I’ll admit that I’ve learned a lot this year. And I’ve only scratched the surface of what I don’t know. I’ve spent a quarter of my life formally studying finance, which says a lot considering that most people receive no formal education in this area. Through college, where I majored in Finance at UW Madison, the years spent taking personal finance classes to earn my CFP®, and most recently my CIMA® certification coursework at The University of Chicago Booth, one topic was never addressed: wealth gaps.

Let’s Talk Gender Money Gaps

Let’s Talk Gender Money Gaps

April 10th was a big day around Merino Wealth-Equal Pay Day.  This day highlights the gap between men and women’s wages and is currently held every April to symbolize how far into the year women need to work to make what men did in the previous year. It is always on Tuesday to "represent how far into the next work week women must work to earn what men earned the previous week.  In other words, because women earn less on average, they must work longer for the same pay.