Stop for a minute and ask yourself these questions: Do you have an egalitarian relationship? Are you on the path to achieve your career goals? Have you ever put your guy’s career before your own? And does he put forth as much effort as you in the home? Your honest answers, not your ideal ones, are important. (And for the record, no, this article is not about how to ride the coattails of your hubby, as if…)
A Harvard Business School study reports that both male and female HSB graduates, who believe in parity in the workforce and in relationships…don’t actually practice it. This is an incredibly important discrepancy because it negatively impacts women’s professional achievements, particularly in top management positions. That’s why answering honestly was so important, most of us believe we have egalitarian relationships, but per the study that’s not really the case.
Brides, what you’re paid will affect your new family’s quality of life. If you want that happily ever after after that perfect wedding, it’s best that you put equal pay on your wedding registry.
Four in ten women are the sole or primary breadwinners in their family. While that sounds like great news, women overall still earn less, which means that even that female breadwinner (and her family) are financially disadvantaged in the larger picture.
Did you know that the wage gap has influenced a lot of wedding traditions? When it comes to the things that anyone but the bride pays for like an engagement ring (groom), paying on a date (the guy), the honeymoon (traditionally the groom) or most the wedding (the bride’s family) it’s all a function of women’s wage gap. It stemmed from when they weren’t even allowed to have careers, which meant they had no income for life’s events. Even traditions where money is not involved like the groom asking the bride’s parent’s permission to marry, walking the bride down the aisle and carrying the bride over the threshold all stem from asset issues. As in a women’s only asset was herself and her fertile uterus, which is why those are traditions of exchange (just a different type of currency, because, again, she didn’t have the monetary type).
When thinking about the wage gap and all the debate over it this week, consider how it might affect other areas not just your direct deposit into your bank account. If you’d like to learn more about where women stand in terms of matching men’s earrings, watch the video below. Just remember next time you find yourself with a cumbersome and annoying amount of pennies – every cent counts.
On this Valentine’s Day with great signs of affection, red roses and confectionary delights, many will declare their love to another. But what if lovers could do something more meaningful beyond the time-honored champagne and strawberries? Like admitting that the biggest misdeed in being partners in crime is that few couples are truly treated as equals and promising to correct that?
The NY Times is having a debate on whether or not the prenup is passé. Whatever you think, I think it’s important to consider who needs to protect their assets the most. With men still earning $1 to women’s measly 77 cents, it is fair to assume that it’s not the women. Prenups highlight the unequal wage and income issues that women still face. If office income is not enough to make you think twice, consider that many women who decide to cut back on office hours part time or completely for family set themselves back considerably financially – in terms of retirement savings, competitive wages, position advancements, etc. Married mothers loose around $11,000 in salary for every year they miss in the workplace and that gap only grows with each kid. The role of homemake and mom just isn’t appreciated in terms of its economic contributions like a paying job is. If a prenup needs to be enacted and it favors the father, what happens to the women who put aside both her spouse’s assets and her own income earning potential? No matter what the courts decide in terms of alimony, divorced women can expect a 30% decline in their standard of living.
Whether or not a prenup is necessary before you say, ‘I do’ consider the larger social issues it relates to – not just for you but for all women.
See what others had to say in the NY Times debate: The Power of the Prenup – Room for Debate – NYTimes.com.