Financial Fitness and Wellness | Blog - by SARA CHEVERE

Planning out female-owned businesses in 2021: What you need to know?

According to a survey, women own four out of ten businesses in the United States. This number has increased by 114% during the last twenty years. We've seen some incredible women entrepreneurs that have run great businesses and made sure they were financially sound throughout their journeys. 

However, many have faced quite a few challenges in their entrepreneurial experiences as women, especially during Covid-19. In one of its latest studies, the U.S. Chamber of Commerce has revealed that women-owned businesses have suffered much during the pandemic in such a way that the overall health has deteriorated from 60 to 47% in July 2020. Lack of funds and saturation in the market has resulted in an economic crisis in the current scenario.

My mission is to make sure you recover from these setbacks as soon as possible and have all the necessary information to kick off a remarkable year!

While planning to start a business in 2021, women require proper planning and management, and here's...

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How To Meet Women's Financial Needs?

We all know that numbers and numbers. However, when it comes to the topic of money and finances, there are differences between how women and men approach it.

The way we want to be communicated about money and the way we want to learn about money is different from men.

Why does it matter that we have a different type of communication regarding financing?

Women make 80% of the household buying decisions, even the most critical and most significant decision which is the home. They decide where to live, and for the most part, they choose based on the way the kitchen and bathroom looks.  If they are not happy with the home, the configuration, and even the location, they will not want to purchase. 

Women control 51% of the personal wealth in America. If you don't think so, ask yourself, who buys most of the clothing, groceries, makeup, hair salon, nail, baby and kids items?  We are the trendsetters, we determine what will work and what don't. 

Women outlive men on...

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7 Things That Make Women Financial Needs Different From Men

#finances #money #women Nov 03, 2017
 

This might come as a surprise, but the reality is that women have different financial needs than men.  Why? Because we are different, we are treated differently, and our lives are different than men.

So today we are going to review 7 things that make women financial needs different from men. 

  1. The Pay Gap- As women, till this date, we are still getting paid less in the workforce.  This is due to various reasons.  One of them is that when a woman looks for a job, if she doesn't have at least 90% of the requirements for the job, she will not apply, and if she does, she will feel that she doesn't "deserve" to negotiate because she didn't have all the qualifications.  As for men, if they have at least 60% of the requirements, they will apply as they say to themselves, I can figure out the rest.  Plus they will negotiate their salary as well.   The other thing that causes the pay gap, comes directly from the employers, a lot of them still think...
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