Since setting out to build Bolder, Sid and I have been determined to never be silent on issues and decisions that threaten the economic status of women. We are committed to having a voice that protects and upholds the community we serve.
After all, we welcome tough conversations, and commit to being a safe space for women to talk about their financial needs and experiences. And that means not only offering financial guidance to those in need of it, but also educating a broader audience on the personal and political issues that contribute to the gender wealth gap we fight to close.
So, here are some facts we want to share about the overturning of Roe v. Wade, and encourage you to share as well:
Restricting abortion access is an economic issue 💰
It will widen the gender wealth gap, setting women back decades in a fight we’re already 135 years behind*. When women have the right to choose if and when they have children, they are more likely to earn higher wages throughout their lifetimes.
*At the current pace of progress, the economic gender gap will take 135 years to close. This was before Friday. The economic gender gap includes statistics like the wage gap, in which women earn 82 cents to every dollar a man earns, and the wealth gap, in which women own only 32 cents in net worth for every dollar a man owns.
Restricting abortion access widens the racial wealth gap.
Black women are more likely to be negatively impacted by the overturn of Roe than any other racial group*. Abortion access significantly increases the likelihood of employment for Black women at a rate more than three times higher than the increase for white women.
*Black women are also 3.5 times more likely to die as a result of pregnancy than white women. Removing abortion access removes their right to choose survival.
The economic impact of overturning Roe v. Wade is in direct opposition to the work we do every day at Bolder to make progress towards closing wealth gaps associated with gender, race, sexual orientation, and identity.
We’ll continue to do the work to get more money in the hands of women, so we have more power. Wealth unlocks participation in leadership roles and political involvement, where we need women now more than ever.
Thanks for being on this journey with us,
P.S. Looking for ways to help?
There are many organizations collecting funds and volunteers to help women who need access to abortions and to help fight for policy changes to promote a woman’s control of her own body. Below are links to get involved.
✅Black Mamas Matter Alliance
✅Keep Our Clinics
✅Vote Save America