Don't get me wrong, #representationmatters.
But women don't need their faces on quarters, they need more quarters.
According to the National Women's Law Center, Latina women earn 57 cents for every dollar paid to white, non-Hispanic men. This #paygap amounts to a loss of $1,218,000 over a 40-year career.
$1,218,000?! That's 4,822,000 quarters.
And, of course, the pay gap widens the #wealthgap and #investmentgap. A 2017 study by Senior Fellow of the The Aspen Institute Heather McCulloch found the average Latina's net worth is less than 1% of the average white man's.
I love what the Smithsonian American Women's History Museum is doing. But let's couple these efforts with raising awareness, fighting bias, and creating policy so that women, specifically women of color, can see themselves on their currency...and have enough of that currency. Now, THAT is something that would make Celia Cruz dance.
(I’d love to know some of your favorite Latinas from history as well 🙂)
And, as always, special shoutout to Jamie Bond, AIF, AFC, CPFA, Nedra Hadley, and Bridget Metz as we continue our work with financial literacy curriculum, competition, and programming at Columbus School for Girls.
#womenshistory #womensleadership #womensempowerment #womensadvocacy #financialliteracy #financialempowerment
During a career that lasted more than 60 years, "Queen of Salsa" Celia Cruz helped popularize salsa music in the U.S. By celebrating her Cuban culture, she also helped Afro Latino Americans embrace their own heritage.
🪙 Cruz is featured on a new quarter as part of our American Women Quarters™ Program in partnership with United States Mint. Learn more: https://s.si.edu/3YGowvf