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WhileForbesreports there are over 800 billionaires currently in the U.S., only 12% are said to be female.
So, what gives?
Well, a lot actually.
Its true, unfortunately.
Other studies share that Black women are paid only 70%, and Latinas earn 57%.
The Pink Tax
When was the last time you bought something pink?
The Pink Tax is a phenomenon that impacts women on everyday purchases simply because they are women.
Its estimated that women pay almost $3 more for razors alone.
For an example, aneveryday toolkitat Target in pink costs $9 more than the same toolkit in red.
And it only gets worse if youre expecting.
Women in the U.S. have the highest mortality rate related to complications that arise during birth or pregnancy.
Plus, women are on the hook to pay for their labor and delivery costs.
The United States is the only highly developed country without universal healthcare according to most reports.
The Economistpreviously shared that the U.S. ranks 40th out of 41 countries regarding maternity leave.
What Can Women Do To Avoid These Traps?
Try building a support online grid with other women for talking, sharing advice and networking.
These will help you exit the wealth gap.
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