💸💪🏾Moneda Moves (17): Season to support your orgs and your chulas
Welcome back, mi gente! 🎄Felices fiestas and welcome back from the holiday table, frenzied shopping and Giving Tuesday. Did you know that this year hit record sales for Cyber Monday? That's right, Monday alone hit $7.9 billion in sales -- that's per Adobe Analytics. What's more is Latinx is a group that's projected to spend big this holiday season as mentioned in a previous Moneda Moves. Among the biggest spenders are Hispanic millennials in particular.
In the season of spending, however, we have the opportunity to use our money in meaningful ways.💰 One way is by supporting small businesses in our community and by giving to organizations doing great work in our area and in the motherland. In today's newsletter, you will see just a few recommendations. I'd encourage you to send me names of nonprofits you are donating to this holiday season to add to the running list!
Don't forget to send this newsletter on to your socios and if you are accessing this edition via a link please subscribe to la notita here.
Con poder✊🏽,
Lyanne
Keeping tabs/cuentas on what happened last week in the world of Latinx in business. We review studies, features and news updates as they relate to our community and underrepresented communities at large.
Gina Rodriguez and how we talk about the wage gap 💁🏽: If you've been on social media, you've probably seen Twitter television critics and culture writers alike shaking heads at actress Gina Rodriguez's latest roundtable on Net-A-Porter. It started a little something like this:
She continued by stating that "white women get paid more than black women, black women get paid more than Asian women, Asian women get paid more than Latina women, and it’s like a very scary space to step into.” Black Enterprise's Selena Hill does a fair job at setting the record straight. Rodriguez could be referencing in part the Economic Policy Institute's research, which found that white women earn 81 cents for every dollar paid to a white man, Asian women are paid 88 cents on the dollar, Black women are paid 65 cents to the dollar, and Latina women earn just 59 cents (please note this is referencing a post from 2017 and not about acting wages alone).
🎥Yet, the star of "Jane the Virgin" has a record for making statements about Black women in particular that seem to discount their work and experience. For instance, she interrupted Yara Shahidi in an interview earlier this year as the young actress spoke about the importance of her role for young Black women to say that actresses like Shahidi inspire "all women." The statement on its own is not a non-factual statement to make. But in context of the interview and her interjection, it does take away from Shahidi's moment and the fact that there is a seat for Latinas, as well as Black women and Afro-Latinas at the table. There is also concern that Rodriguez has a disregard for the black Latinx community. The takeaway for Moneda Moves? Highlighting the wage gap for women is not about pitting minority groups against each other -- it's about uplifting each group and working towards equal pay. Rodriguez seems to miss the mark.
Get to know the powerful/potentes Latinx and up-and-comers in business. Keep the spirit of Small Business Saturday alive and consider buying here!
Latino-owned shops you can support beyond Black Friday🛍: We have featured a few small businesses on this newsletter and we continue to link to more on our Instagram page, but really appreciated this list of small businesses that are Latinx-owned. It ranges from nail polish (Passport Polish), to lip color (Vive Cosmetics), to children's books (Lil' Libros). Courtesy of the Remezcla "Estaff." 😉
(Art by iliana.illustration on Instagram.)
Put your money/monedita where your mouth is! This week we are featuring non-profits to consider backing.
The independent nonprofit organization covering Latinos
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: Latino USA serves audiences all through visuals, audio and text. Through Futuro Media Group, they have served up some of the most consistent coverage of Latinx through stories of art, immigration and politics (In The Thick podcast). The team is supported by talented producers and is led by Maria Hinojosa, who is an Emmy-award winning journalist and whose show is distributed by NPR. Julio Ricardo Varela, who serves as Digital Media Director and who you will hear on In The Thick, is also a crucial leader in Futuro Media Group. Donate here.
Don't forget your city museums🎨: To be able to access education and an experience at an affordable price is a privilege. I especially appreciate when it is done well and curators as well as educators take their time with the work. Donation-based ones also make it accessible for lower income families. This holiday season is the perfect opportunity to pay it forward to your local museum. Here's a few on our shortlist:
🎁National Museum of Mexican Art (Chicago, IL)
🎁Museo del Barrio (Harlem, NYC)
🎁Newseum (Washington, DC)
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DuSable Museum of African American History (Chicago, IL)
What are your favorite museums?
If you're passionate about getting Latinx to the polling stations🗳: You may have seen their name in the press during midterms. Voto Latino is focused on getting the community out to the polls and will likely be an organization you continue to hear about into elections in 2020 and beyond. If you recall, Voto Latino also helped Latinx in Dodge City, Kansas get to the polls this year by partnering with Lyft. This city had only one polling center for more than 27,000 residents!
That's all for this notita! Follow us throughout the holiday season for more from our Twitter and Instagram accounts. We will continue sharing more organizations to consider supporting year-round. Here's to spending this year in businesses and places we believe in.