Friday, March 12, 2010

Extended shoe giveaway; more on black women's wealth

Today's super busy at the 9-5 so no full post, just a round-up.

First, I've decided to extend the deadline to get your questions in for the women's shoe giveaway until March 30 instead of March 15 because I've gotten so many great questions that I haven't had time to answer them all. So ladies, you've got the rest of the month to ask me a question here, tweet me or ask me on formspring.

I'm giving away a pair of the shoes pictured below from ShoesGotSole for the best personal finance question from a woman this month (March is Women's History Month). The shoes are being pro
vided by CSN Stores, which also sells kids bedding, modern furniture and other things, so be sure to check them out in thanks for hooking up the giveaway.

Next week, I'm going to go hard some more on this data about black women and wealth. Earlier this week I posted the results of research that found single black women's median wealth was lower than that of married couples and that of single black, white and Hispanic men or women.

This morning I saw a report of new Federal Reserve data showing that net worth nationally rose slightly for the third straight quarter. That's good news during a deep recession but it begs the question of whether black women's abysmal net worth is following the trend. I'll get into that next week.

As well, the inevitable, which I hoped wouldn't happen did: people are using the black men-black women's net worth data to fuel more played-out "gender wars" conversations. Someone
texted me last night about a conversation in which the data came up and some men were calling black women "greedy" and "too ambitious". So I'm going to do some thinking and a few interviews and dig into why the data is definitely NOT fuel for an "us vs. them" conversation.

Have a great weekend and check back in next week.

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