The phenomenon known as the “pink tax,” when products and services aimed at women cost more than their counterparts aimed at men, is well-documented across many goods and services. Here’s how…
Trae Bodge, a shopping expert who lives in the New York City area, sees higher prices for products and services marketed to women everywhere: Socks, razors, shampoo and apparel are a few of the product types aimed at women that tend to cost more.
While Equal Pay Day on March 14 focuses on the pay gap between men and women, it can also be a reminder to consider whyHere are ways to avoid paying the pink tax.As Gonzalez Guittar points out, there is no reason why women need to use lavender scents while men stick with pine. Companies also often market multiple products to women — such as separate shampoo, body wash and conditioner — while marketing a three-in-one product to men.
Consumers can help protect themselves by researching car costs to be more informed negotiators and by“You can get a competitive interest rate by shopping around and you don’t need to go through the dealerships,” Ayres says.When it comes to services such as dry cleaning or haircuts, men’s prices tend to be lower, but Bodge says they don’t have to be.
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