Women face discrimination in pay compared to their male counterparts and therefore have less to save and invest. This gap is compounded by unpaid time off and leaves for caregiving and leaves even less for retirement
Women are more likely to become a single parent and sole financial decision maker
Women are more likely to borrow for day to day expenses and accumulated consumer debt
Women face greater barriers to access financing and credit and receive less which can result in lower credit scores
Women have a lower confidence in making financial decisions
Women report higher levels of debt related stress
And this is made worse for visible minority women in Canada
People: We believe that every unique individual, their experiences, family, culture, and religious beliefs are important and should be respected.
Collaboration: We recognize that working together and pooling our strengths leads to the best outcomes.
Accountability: We take ownership and pride in everything we do and value the lessons we learn.
Dignity: We believe that everyone should have access to robust and effective tools, resources, and strategies as they work towards their goals.
Compassion: We show empathy and compassion as we understand that financial decisions are often made based on current circumstances.
Our mission is to empower underserved communities by providing financial education programs specific to their unique lived experiences that support their transformation towards increased financial security and wellness.
Our vision is to reach people and share our professional knowledge and resources to help them gain confidence and build generational wealth.
I am a firm believer in the importance of understanding and recognizing the unique experiences of people from underserved communities, and this has always been a cornerstone of my approach for building confidence and generational wealth.
Cynthia Bour - Founder, President
Contact us at Info@moneynomx.com, For Financial Education Program Design, Partnerships, Speaking Engagement, Events, General Inquiries
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Moneynomx (money-nom-x) is a financial education company that uses a bottom-up approach to help people from underserved communities connect to a financial professional who will help them build a personal financial plan guided by their unique lived experiences. We design and deliver customized financial programs that help people understand the root causes behind their financial behaviours and empower them to make informed financial decisions with confidence to increase their overall financial wellness while building generational wealth.