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Thursday, September 21, 2023

Financial Resources For Women’s History Month

What better way to celebrate Women’s History Month than by considering women’s financial well-being? Though many women are increasingly independent, they’re also often supporting both themselves and other family members. General financial planning often ignores gender-specific issues that continue to challenge long-term financial security for women. Here’s Betterment’s guide to help you navigate the month.

Meet Women+ of Betterment

The Women+ of Betterment ERSG works to improve the company by partnering across the organization to amplify the voices of and advance equity for all women+, however you identify. We work alongside ERSGs of Betterment to ensure proposed solutions are intersectional. We provide women+ opportunities to strengthen relationships, lead, and broaden their network.

Investing, Financial Planning, and Career Tips For Women

Everyone should understand the importance of financial planning for women. Here are four articles that can help you get started, from gender-specific considerations to earning more money, here are our money tips for women.

Is Financial Planning Different For Women?

Betterment’s Women Leaders Share Their Best Career Advice

How A Generation Gap Impacts Finance For Women

Women and Money: Bridge The Gap

Organizations We’re Supporting This Month

Even though the COVID-19 pandemic has permeated all aspects of American society, research has shown how women have been disproportionately impacted by working on the front lines and mass unemployment. Here are three organizations you can donate to today who are working to address social and economic gaps for women:

Bottomless Closet – Helps women in New York prepare for job interviews and sets them up for success in their careers.

Moms Helping Moms – Supports hundreds of thousands of individuals in New Jersey by providing them with essential items for their children and families.

Days for Girls – Provides women and girls with reusable menstrual products, health education programs, and training classes.

Trans Lifeline – Offers direct emotional and financial support to trans people in crisis – for the trans community, by the trans community.

Ladies Who Launch – Facilitates the connections needed to support female entrepreneurs as they follow their passions and launch their businesses.

Organizations Supporting Women On Betterment’s Platform

Through our Charitable Giving feature, customers can donate shares held for longer than one year to any organization we partner with. Below are three charities working to improve women’s lives:

  • Breast Cancer Research Foundation – Fund the best ideas in breast cancer research.
  • Hour Children – Reunify families impacted by incarceration.
  • Boys & Girls Clubs of America – Provide a safe space for kids and teens during out-of-school time.

Invest in gender equity this month with our Social Impact Portfolio.

If you’re passionate about issues like gender and racial equity and want to support companies who demonstrate a commitment to gender diversity within senior leadership, you can invest your money in Betterment’s Social Impact Portfolio.

There are also two other socially responsible investing portfolios that may align with your values: the Broad Impact Portfolio and Climate Impact Portfolio.

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