Sequin's Rewards Partners are fighting the Pink Tax.
Sequin Rewards Partners are women founded & focused companies committed to paying back the hidden costs to being a woman.
What is the Pink Tax?
Women pay more than men 42% of the time for everyday products and services. Studies find that women make 80 cents compared to a man’s dollar, with women of color earning even less than that. Reports also found that more than two thirds of people with student debt are women.
The Pink Tax does not only apply to care and luxury products, but it is also harmful to women’s overall financial goals, leading to higher mortgage amounts, interest rates, and more.
The financial challenges that women face:
The Hidden Costs to Being a Woman…and How to Make Sure Credit Isn’t One of Them.Salary
18% lower than men, on average.
Real Estate
Higher mortgage rates (even though we’re more likely to pay back).
Caregiving
More likely to take on caregiver responsibilities to children / elderly.
Health Care
33% higher health care costs than men over lifetime.
Student Debt
Graduate with 15% more student debt than men.
Retirement
Live longer on average, requiring more capital 80% of the time
Pink Tax
Pay more for everyday products and services 42% of the time
Credit Score
Receive lower credit lines due to a lack of credit history, artificially lowering credit worthiness.
