Finance
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Overlooked and difficult to recognize: Financial abuse in relationships
The warning signs of financial abuse and how to protect yourself. Courtesy of mikhail nilov When you think of domestic abuse, it is most likely that you think of physical or verbal harm to a person in a committed relationship. However, this is not always how abuse looks. One of the most commonly overlooked and rarely discussed forms of abuse is financial abuse. Financial abuse is when a victim’s financial health is put in harm’s way or destroyed by someone taking control of their ability to access or use their own financial resources. According to Forbes Advisor, “a study of 103 women who had suffered domestic violence found that 99…
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The rise of female financial literacy influencers
Five female financial advisors educating women via the internet Personal finance is an important topic not just for emerging female professionals but for all women. Financial illiteracy can lead to poor financial choices which can negatively impact one’s well-being. Consequences can include the over-accumulation of debt and high interest rates, resulting in bad credit or bankruptcy. A lack of financial savvy can even make people more vulnerable to financial fraud or scams. While understanding the language of finance is important, it can often be a dull learning experience bogged down by confusing and foreign terms. This tends to leave individuals feeling discouraged, preventing them from becoming financially literate. The lack…
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Maternity leave: How can I afford it?
Maternity leave and adapting to parenthood can be exciting, but it can also be financially challenging. Pregnant employees have the right to take pregnancy leave for up to 17 weeks under federal law. Parental leave allows up to 61 or 63 weeks of unpaid time off work. More than 2.3 million people took work off due to childbirth or adoption between 2012 and 2017. Although some companies provide benefits during maternity leave, additional costs are to be expected. Kristine Beese is the CEO and co-founder of Untangle Money, a finance company for women. She said around one-third of her clientele need financial advice on child planning and in vitro fertilization…
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Hidden manipulation: exploring gender-based financial abuse
Financial abuse can be difficult to recognize, but is often a key component of domestic abuse
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Living on low-income as a single mother
Know what resources are available to you
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5 strategies for women negotiating higher salaries
Are you being paid what you’re worth?