Money Feels

51: The Motherhood Tax

Bridget Casey and Alyssa Davies Season 5 Episode 51

Is motherhood the biggest financial risk you'll ever take? There are many invisible costs that come with being a mom, but the motherhood penalty is one you shouldn't ignore. Let's discuss this and more in this week's episode of Money Feels!

We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.

In today's episode, we discuss the following?

  • What is the motherhood tax/motherhood penalty?
  • How does it impact women?
  • Your career progression, salary and long-term wealth
  • Hiring biases in mothers versus fathers or child-free folks
  • What is the comparison to fathers?
  • What policies, like equal paid parental leave, have shown to be effective in reducing the impact of the motherhood tax? 
  • How can governments and organizations implement these policies?
  • Our society needs mothers

Resources:

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