Here is what you may not know:
- Black women have to work seven hours more in order to earn what their male co-worker makes.
- Black women are also more inclined than any other group to assist friends or family financially.
- According to a study conducted by Economic Policy Institute economist, Valerie Rawlston Wilson, women, generally, are more likely to work multiple jobs to sustain financial security than men.
[Related: Women of Power: Build Your Team, Build Your Dream]
Here is the upside:
- Not only are black women starting businesses more than any other group, but…
- …those earning more than $75,000 are also among the fastest growing income group in the country.
Black women are finally gaining financial footing, but this is only the beginning. Now it’s time for wealth building.
Wealth management firm Merrill Lynch will be hosting the executive leadership session, “Womanomics: Wealth Building for the Ages,” at the 2016 Women of Power Summit, March 9-12, at the Hilton Diplomat Resort & Spa, Hollywood, Florida. Financial experts Donna Sims Wilson, president of Smith, Graham & Co. Investment Advisors L.P., and Carmen Rita Wong, CEO, Malecon Productions, will discuss how black women millennials, Gen Xers and baby boomers can secure finances now and for the future by honing in on spending, saving, debt, and retirement strategies. In striving to maintain the financial goals you set for yourself in the New Year, you don’t want to miss this.
The time to begin your wealth building is right now—and you can start by saving on your registration for the 2016 BE Women of Power Summit. This is your final chance to register at a discounted rate. Be sure to use code Holiday16 to enjoy the savings. Offer ends Jan. 1, 2016! Act fast.
Be sure to follow Black Enterprise on social media @BlackEnterprise for Women of Power news, highlights, and updates. Use hashtag #BEWPS to stay in the loop. Please be on the lookout at BlackEnterprise.com as speakers, activities, and sessions are announced.