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Love your work. Love your life.
Dear Friends,

I often talk about making time for all the slices of life. Sometimes it helps to blend a couple. When I was on Spring Break with my kids skiing in Utah this week, I found time to meet Olympic gold medalist Summer Sanders. I had known Summer via email and phone for 12 years and this was our first in person time together. I stole 90 minutes away from the kids and returned with a new friend and stories to share. Everyone was a winner.

SAM'S CENTS

 
The Earnings Gap Excuse

To help you maximize your career and earning potential, there needs to be a more equal division of labor at home. In a study of 25,000 Harvard Business School graduates, it wasn’t the women’s lack of ambition holding them back; it was ending up in “traditional” marriages in which their husbands’ careers were prioritized over theirs. At some point, many of these women took some time off and this further minimized their career opportunities, which made their careers take even more of a backseat. If they did end up leaving the workforce, it was typically as a last resort, not because of a lack of ambition or interest in working, but because their positions lacked fulfillment and offered little prospect of advancement.

If your partner uses making more money as an excuse for doing far less or none of the childcare and housework, don’t buy into it. Even if you are the sub-earner (the lesser earning partner), you still need to maintain your career in the event that something unexpected happens to your partner. When a woman leaves the workforce completely, she will likely have a hard time getting back in, and even if she does, she will likely never reach her full financial potential. Keeping your network warm and your skills sharp is essential to your family’s financial safety.

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THE PRESS BOX


From the archives... In need of a little inspiration?
Look no further than these quotes from amazing women!
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