The Pink Tax: What it is & How to Avoid it

The Pink Tax: What it is & How to Avoid it

Whether or not you have heard of the pink tax, we can nearly guarantee you've encountered it in some way! On this episode we take a broad look at what the pink tax is, the various products and services most susceptible, and how to avoid paying extra unnecessarily.

Sponsors:

  • Whether you’re new to budgeting or trying to reach a big financial goal and need something to motivate you, you’ll enjoy The Frugal Friends Workbook. It’s a digital workbook with 6 week-long challenges that will help you save money, simplify your life, improve money conversations, and more. It’s over 60 pages and can be completed on your own but it’s created to be gone through in pairs or small groups that’s why every purchase comes with two downloads so you can share or split the cost. Head to Frugalfriendspodcast.com/workbook to learn more and use the code TACOBELL all one word to get $10 off the regular price.Frugal Friends Workbook.

Notable Notes:

What the Internet has to say:

This article from Bankrate explains the pink tax and some common products and services that cost more for women

What Jen + Jill have to say:

  • The pink tax is "a system of discriminatory pricing on products and services that is based on gender" and costs the average woman $1,300 a year while impacting all aspects of daily life from shopping to dry cleaning
  • What can be done?

:More from the Internet

This article from The Simple Dollar gives us a few key ways to avoid the pink tax.

More from Jen + Jill:

  • 1. Research the brands you purchase
  • 2. Consider unisex products
  • 3. Support companies ‘taking a stand’
  • 4. Be a part of eliminating the pink tax
  • 5. Support legislation to stop the pink tax
  • 6. Take advantage of credit card rewards - find ones that reward you for the things you purchase often

Thank you Rachel from Kansas for sharing your hospital bill from your birth and how you called to correct an error and saved $2000!!BILL OF THE WEEK -

frugalfriendspodcast.com/billIf you want to submit your bill of the week visit to leave us a bill

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Lightning Round

Personal Pink Tax Experiences

  • - I certainly see how I save more money having a son - so many additional products are geared towards little girlsJen
  • When working at a group home I was unable to take a teenage girl to the barber for a $10 haircut and instead had to take her to the salon for a $45 hair cutJill-

Wrap-up:

Thanks so much for listening! Keep leaving us reviews on iTunes or Stitcher, and sending the screenshot to frugalfriendspodcast@gmail.com. AND share our most recent episode on social for a chance to win a copy of the Frugal Friends Workbook!

Thanks for listening! See you next week!



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