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Money Maven Blog by Sheryl Sutherland, Authorised Financial Adviser and Director of The Financial Strategies Group

Wednesday, 27 March 2013

Who's Counting?

We have to talk about the gender wage gap in Ireland. It's the highest in the world. But there's a catch. It's not men earning more than women. It's women - those without children, at least - earning more than men.Irish women without kids earn 17 percent more than the typical male worker, according to new research from the OECD.Once kids enter the picture, the picture changes. For example, in the Netherlands, women work almost 2 hours more per...

Why?

Having it all: this famous and absurd phrase implies that women have somehow gone beyond their station by doing more than just having babies. Value laden and filled with contempt, it suggests an element of greed - depicting working mothers as overambitious idealists, shunning caring responsibilities in favour of work. Viviene Reding, the European commissioner for justice, fundamental rights and citizenship at January's Davos World Economic Forum...

Musings and Amusings

This article should be widely disseminated. Made me rethink my view of the man.Losing my religion for equality by Jimmy Carter."So my decision to sever my ties with the Southern Baptist Convention, after six decades, was painful and difficult. It was, however, an unavoidable decision when the convention's leaders, quoting a few carefully selected Bible verses and claiming that Eve was created second to Adam and was responsible for original sin,...

Everyday Money

Will Your Mother Live in Poverty? Documenting the wage gap based on motherhood in many countries, including the United States, the OECD tells the sorry maternal tale in stark numbers.In the U.S., the wage gap between men and women without children is only seven percent. Have your first child on American soil, however, and the wage gap rockets to 23%. Women over 65 today are more than one and a half times more likely to live in poverty than men...

Womenomics

Coca-Cola CEO Says Women Most Dynamic Economic Force In World Today, and of course we know it, some commentators such as Warren Buffett know it. Today, the driving force of the new women’s movement is located in the camps of what used to be the opposition - business and finance. In the United States, women control or influence more than 80 percent of purchasing decisions. Globally they are responsible for $20 trillion in spending, a figure expected...