What About Our Daughters?
Statistics show that women are living in utter poverty to
this day, women working full- time year round get paid 77 cents for every
dollar paid to their male counterparts and the wage gap has been stagnant over
the last decade. In 2011 African American women working full time year round
were paid 64 cents and Hispanic women only 55 cents for every dollar paid to
white non-Hispanic men.
The poverty rate among women rose to 14.5 percent in 2010,
up from 13.9 percent in 2009, the highest in 17 years. According to the 2010 US
Census Bureau the “extreme poverty rate” among women was the highest ever
recorded. Single mothers are having the hardest time of all, more than 40
percent of women who head families are now living in poverty. Over a forty
year, working career, the average women loses over $400,000, as a result of the
wage gap. More than forty percent
of the wage gap cannot be explained by occupation, work experience, race, or
union membership.
Tiffani Chanil shares how she initially lived in the
projects, she was worried about her son’s future and losing him and how she
knew she had to make a change in her life. She was determined to break the
cycle of poverty and struggle so she made the decision to go into Real Estate
Investment and study everything she could. Real Estate Investment is one of the
ways women can overcome being poor and to learn more about it visit http://bitly.com/bundles/aowri/1 or
look out for the book The Women’s Billion Dollar Guide to Real Estate
Investment Made Simple.
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