Issue #36 / January 12, 2017

✨ Catch up on what ya missed this week ✨

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Hey there!


What a week! Our New York event at Betterment's headquarters on Thursday sold out. If you want to come but haven't gotten a ticket yet, email us at to get on the waitlist. For our Washington, D.C., readers, we have some exciting news. We've teamed up with the Judy Greenwald Fund to host a free event on Feb. 7 about building professional relationships. We can't wait to see you there! 




  • WALMART: After announcing raises and bonuses for Walmart workers, the company closed 63 Sam's Club stores, giving little notice to its workers, CNBCreports. 
  • BIG SURPRISE: Women are turning their backs on lucrative jobs in Silicon Valley because of discrimination and pay discrepancies, Marketwatch reports. 
  • SCOUT STUFF: The Girl Scouts announced this week that they're adding 23 new badges focused on STEM to encourage girls in science and tech, USA Today reports. 
  • WALL STREET SEXISM: Haven't heard much #metoo from Wall Street workers? There's a reason, according to the New Yorker. A rigged system allows powerful firms to keep sexual harassment quiet.
  • ALL THE MONEY IN THE WORLD: Except, apparently, for Michelle Williams, who was paid just $1,000 for the reshoot of the film, All The Money in the World. By comparison, her co-star Mark Wahlberg was paid $1.5 million, USA Todayreports. 
  • LENDING RULES: The Trump administration has plans to change rules for banks that mandate lending to low-income borrowers, the Wall Street Journal reports. It could make it more difficult for people in low-income areas to receive loans. 
  • RECOMMENDED READING: Not every hobby has to be a side hustle, Ann Friedman writes for The Cut


Amanda sat down with Joyce Dubensky, CEO of Tanenbaum Center for Interreligious Understanding, a secular, non-sectarian nonprofit that works to dismantle religious violence and hatred, on two occasions to discuss sexual harassment in the workplace and how to better engage male allies. This is an excerpt from their two separate hour-long conversations.  

Can you speak about your experiences? When we last spoke, we were having a conversation about the news cycle and how it’s triggering.
It’s been re-traumatizing in a way that’s startling. I found myself talking to my husband about things we talked about 20 years ago, 35 years ago, moments in my life that I haven’t thought about for years. They’re all very present right now. I was actually thinking about what is harassment and what is a diminishment of women as women, and the continuum of conduct that is involved, because it’s not all of the same ilk. For me, the harassment was not only if I was a little uncomfortable, but it was when I felt threatened and helpless and where I couldn't do anything to protect myself. That included not just men in power, although it also included men in power. In one meeting I was in, I didn’t realize a man I knew was in the room, and he did some unwanted touching, and it was in the middle of a meeting, so I couldn’t speak out. It was really unnerving. It just threw me. Then, I was actually told by people who cared about me, “You can’t report this because he’s too powerful, and it will be your job.” It also happened with regular colleagues. When we had a work weekend away, a retreat with senior staff and the board of an organization, I had a colleague try to physically drag me into his room against my will.

Did that make you feel worse, that it was something that happened to you specifically for whatever reason?
My instinct was not to out anyone and to protect them, even when I ended up having a conversation with our president, about serious harassment. I spoke to him and I didn’t want to name the person. Because I wasn’t clear that I wasn’t part of the reason it happened. I have, I guess what you would call, a friendly extrovert personality, and I’m a hugger. Today, CEOs and businesswomen are often warned, If you hug, you’re not acting like a CEO and professional. You should shake hands to be taken seriously.

What place do you see men having in this conversation?
This isn’t only a conversation about women and women being mistreated. It’s a very deep conversation. It includes implicit bias, societal conditioning [and] our highest values being put into practice. Men can be our partners in this lifetime. They’re our friends and colleagues and sometimes our bosses. They’ve got to be part of the conversation.



Your resume and cover letter are on point and you’ve built a fantastic network. It comes as no surprise, then, that you not only have a job offer, but that you also have more than one. It’s an awesome feeling, but it can be scary to make a decision. How do you know you’ll love working somewhere without actually doing it? Here’s how to handle multiple job offers and come out on top. 

When you get an offer, make sure that it is in writing. An email will suffice. It should include information on how much you’ll be paid, what types of benefits the workplace offers and any other terms of employment. 
Express enthusiasm for the job without saying yes immediately. 

“I’m so excited to receive an offer. When do you need to know my official decision?” 

That question buys you some time, especially if you’re interviewing at more than one place. If you are waiting to hear back from another potential employer when you receive an offer, you can certainly reach out and explain your situation. Note that you’re interested in potentially working for that employer, but that you’ve received another offer and have until a specified date to accept. Then ask what their timeline looks like for making a decision. 

If this question leads to a second offer, you have some decision-making to do. Compare and contrast your potential employers with a pros and cons list. Feel free to weigh your pros and cons: One job may have a long list of pros, but you may put way more importance on being able to bring your dog to work than on free snacks. If you have questions, feel free to ask either employer. Gather as much information as you need to make this decision. 

Once you’ve made that list, reach out to each employer to ask for more. Use the other as leverage. 

“I have another offer for a bit more money,” you can say. “I prefer your organization, but if you could increase the salary just a bit, it would make my decision a lot easier.”

This part can be scary, but it’s important to remember that the worst these people can do is say no. Once you have circled back with each potential employer, recreate your pros and cons list with the new terms of employment. Take some time to think through the benefits of each, and then make your choice. 

Let the potential employer you choose know that you’ve accepted. You can do so over the phone or via email. When you do so, reiterate the terms of the offer you agreed upon previously. Make sure you determine a start date that works for both sides. Consider taking a week or two between jobs if it fits in your budget, and always try to give your current company two weeks notice. 

For the potential employer that you’re rejecting, be clear that you appreciate the opportunity to work for them and that you want to stay in touch in the future. Be kind and be brief in your rejection. You can do so over email, but it is more courteous to give them a call.

You can use the same process to negotiate for a raise at your current job. However, you need to be willing to walk away from your current employer if need be. 



We're sharing the spending secrets of one woman each week - completely anonymously. This section draws inspiration from Refinery29's Money Diaries and New York magazine's Spending Diaries (gotta give credit where it's due, right?) Click here to take our anonymous survey on spending habits. 

How a 27-year-old Washington, D.C.-based sales and business development manager at a startup spends:

  • SALARY: I make a $60,000 base salary as a manager of sales and business development at a startup based in Washington, D.C. I also have income incentives based on team performance. I have asked for a raise before. My current salary and comp structure is the result of a raise negotiation. My company is really small and pre-Series A financing, which means money can be tight. Instead of asking for my market rate value, I asked for a small base salary bump and came up with the commission structure to make up the difference. I now get a percentage of overall sales each month, which can range between $700 and $1,500 per month. It took about a month to negotiate but I'm glad I pushed and didn't let the conversation slide. I stayed on top of my boss (our CEO) until I got him to sit back down and finalize the pay structure. 
  • SAVINGS: I have $35,000 in my savings account. I worked two jobs for the first two and a half years out of college to build up a safety net and contribute a small percentage of my salary. All of my commission and bonus payments go directly to savings. 
  • MONTHLY EXPENSES: I spend $1,605 per month on rent, although I signed my lease this year and am benefiting from a promotion which brings it to $1,538. All of my utilities are included. I don’t yet contribute to a 401(k) but I do pay for my health insurance. I pay about $9 a month for Hulu, $55 a month for internet (necessity), $15 for Hungry Harvest, a rejected vegetable delivery service, and I have two gym memberships that cost $250 a  month. The gym is what keeps me sane, though, and I wouldn't trade that expense for anything. 
  • INVESTING: I have not started investing yet. 
  • DEBT: I graduated school with about $30,000 in debt. I've managed to pay it down so there’s only about $4,500 left and I'm ahead of my payments by about three years. I typically contribute about $200 a month toward paying that off, but on tight months I am able to skip it, which is a nice cushion. I'm thinking about just paying off the rest in bulk from savings in the next few months just to be done with it. 
  • SPENDING VICTORY: Travel! I made a commitment to myself to cross one country off my bucket list ever year. So far I've been to Thailand and Colombia, and I'm headed to Peru in about two weeks to hike the Inca Trail to Machu Picchu. I usually spend between $1,500 to $3,000 per 10 day trip. I can honestly say it's been worth it every time. 
  • SPENDING REGRET: I don't really have any. I spend a lot of money on doing stuff with friends, but honestly I think that's what money is for -- to be able to afford experiences, particularly good food, good drinks and good friends. 
  • CHARITY: I most recently donated to a friend's GoFundMe campaign for medical expenses. A friend of a friend from college was in a terrible accident while traveling so I contributed to the fund to help get him medical transport home. 
  • SIDE HUSTLE: My friend and I are working on building out our consulting practice on the side.

Updates, blog posts and other important things:

  • FACEBOOKIN': We talked about applying for dream jobs and frugal beauty tips in our Facebook group this week. Join us!
  • WEAR TO WORK: Reader Jessica Stein shared how she bargain shops for a work wardrobe. Check it out.
  • SAVING FACE: We have a new feature, all about frugal beauty, on our blog. Look for posts on Thursdays.
  • EVENTS: Come to our Washington, D.C. event! Our Betterment event in New York is sold out, but you can get on the waitlist

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