(Above) Piper got help from a United Way-funded financial education program to save for a car to get to work.
Through the Financial Empowerment for Women initiative, United Way strives to improve the health, education, and financial stability of women throughout our four-county region. An overwhelming research base demonstrates that women face greater risk of financially insecurity throughout their lifetime.
When compared to their male counterparts, women:
- Tend to earn less, despite having higher levels of educational attainment.
- Are more likely to raise their children alone and to bear the burden of childcare costs.
- Are more likely to be caregivers to their aging parents, and put in more hours of caregiving.
- Miss more work due to caregiving responsibilities, which leads to a greater loss of income throughout their lives, resulting in smaller retirement savings and Social Security payments.
- Eighty-two percent of women in Milwaukee County make less than $65,000 a year, with 60% falling between the poverty line and meeting their family’s basic needs. In Waukesha County, 69% of women earn below $65,000 a year, with 57% falling in the gap between poverty and basic cost of living.
Through the generous support of BMO Harris Bank’s lead investment, United Way of Greater Milwaukee & Waukesha County invests in programs that help women increase education attainment and gain and maintain employment to provide a financially stable and sustainable life for themselves and their families.
In 2018-2019, United Way will invest in 7 local programs aimed at Financial Empowerment for Women.
Your donations to United Way’s Financial Empowerment for Women strategy will help more women and families in our community attain financial stability. Donate today.