Welcome to the latest Financial Friday Round-Up, our weekly column filled with the best things for you to read, watch or listen to regarding finance around the web. Below you will find a report on the women’s labor crisis, profiles of Black entrepreneurs who are changing their communities, how cashless payments came to be the new normal, and more.
The pandemic has disproportionately affected women in the workforce, with many having to put their careers on hold to coordinate Zoom, school, and take up childcare duties. This Forbes article is a must-read for anyone unfamiliar with the two million women who have had to leave the labor force in the past 11 months, and the effect that has had on our labor force.
Many Americans are unprepared for the cost of health care as they age, according to a recent study of U.S. adults ages 50 to 64. This piece from Kiplinger outlines what you can do to ensure you have enough to maintain your health as you age into retirement.
Cashless is Here to Stay: Why Contactless Payments Will be the Status Quo for Consumers & Businesses
One of the biggest technological changes of the past ten years has been the move to cashless payments. While skeptics at first were reluctant to accept that cashless would be the new norm, it is now clear that it is here to stay. This report from Worth paints an interesting picture of this change and its implications.
For Black History Month, Business Insider profiled ten inspiring Black business leaders who are striving to lift up their communities through their work. From a venture capitalist who works for the underrepresented to a recruitment firm boosting representation of people of color in healthcare, check out this piece for ten real-world examples of how entrepreneurs can work for the benefit of their communities.