I think we're all smacking our faces, trying to wake up from this dream. That is, of taking an idea of helping young women become more financially confident and literate, to being an actual operating organization. Is this really happening? Oh wait, it's happened, sis. And right in time to celebrate Financial Literacy Month. #winning
But, before I continue with anymore gloating, let's take five steps back and explain the 'WHY' behind all of this.
Let's face it, women are still the minority. Wait, let me finish - trust me, this isn't a pity party. We (women) have come a very, very long way in comparison to our counterparts (millions of miles), but in terms of wealth, salary recognition and financial confidence, men are still ahead. But wait, again, this isn't a fight against men. We love men...men made us! This is about ensuring that women, of all colors and backgrounds, most definitely women of color, are confident enough to make financial decisions like men are, can negotiate and ask for more money when they feel deserving of it like men do, and build wealth and substantial savings like men have.
It's still as relevant as it was those million miles ago - take Google's pay methodology as truth to that. And why is this so important? It's because women today are much more educated, earn much more money, and lead in every spending category than the women before them. So, if I am smarter, earning more, and spending more than those before me, wouldn't it make sense to also understand how I can invest it, save it, double it? Wouldn't it make sense for me to know how to make strategic and wise decisions with my money instead of focused on frivolous spending? Then I think this is a good thing. A needed thing. A real thing that's going to keep young women motivated and inspired to do it on their own. And we're not saying you can't have a partner help you (for all my 'in a relationship', 'it's complicated', 'i'm engaged' my husband is my bff' sisters)...the more the merrier. What this is about is financial independence, leading a successful finance journey and the understanding of how you can live in great graces no matter how much money you bring in, without the paycheck-to-paycheck struggle and with the ability to have a savings on the side. And who knows, maybe you can even show your boo some things he didn't know.
So, stick it out with us - women and men. We're only here to help, support and encourage. We have a credible advisory council (it's still growing!) who are committed to helping us make this a success, and a network of financial experts who are excited to teach you everything you want to know about finances. Our goal is to champion young women, starting from middle school to mid 30's who are ready to boss up and own their own - for the betterment of their personal growth and future success.