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Kiplinger
Kiplinger
Business
Mindy J. Oglesby, CFP®, NSSA®, IRMAACP

FOUND: Four myths that hold women back from financial success | Mind Blowing Facts

Three businesswomen laugh and smile while sitting at a conference table in an office.

“Working women” is a concept that much of our American society still struggles to accept. 

This can be best showcased by the current pay gap between men and women. According to women’s advocacy group AAUW, women earn 16% less than men on average. Female employees earn 84 cents for every $1 a male counterpart earns. Considerably the most shocking statistic from the report is that a 20-year-old woman just starting full-time employment is estimated to lose $407,760 over a 40-year career compared to a man. With the odds already stacked against us, it’s imperative that we truly understand how to maximize our earnings. We cannot afford not to. 

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