ForbesWomen Weekly: Why You Need A Bigger Emergency Fund In 2023. Plus: Take Control Of Your Calendar

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This is this week’s ForbesWomen newsletter, which every Thursday morning brings news about the world’s top female entrepreneurs, leaders and investors straight to your inbox. Click here to get on the newsletter list!

Happy 2023, everyone! I hope you all had a terrific holiday season and were able to take some time to unplug and recharge.

I spent a decent amount of the time between Christmas and New Year’s dreaming about 2023 travel plans with friends and family. While none of us is exactly ready to quit our jobs and move abroad to one of the ten most affordable locales Laura Begley Bloom outlines here, we are talking about our bucket-list destinations and cross-checking our (somehow already cramped) calendars.

One place I know for sure I’ll be visiting this year is Abu Dhabi, because the Forbes 30/50 Summit is returning to the U.A.E. in March! It’s our second annual gathering of the women from the Forbes Under 30 and Forbes 50 Over 50 communities along with other top female leaders from around the world. This year, we’re so excited to share that Summit speakers include Hillary Rodham Clinton, former United States Secretary of State, Senator and First Lady; Malala Yousafzai, Nobel Prize winner and the cofounder of the Malala Fund; Gloria Steinem, journalist and activist; Ayesha Curry, founder and CEO, Sweet July; Catherine O’Hara, Emmy Award-winning actress and writer; Mo Abudu, founder and CEO, EbonyLife Media, and many more.

If you’re interested in joining us, please check out this link here. If you have specific questions about the event, or are an alum of the Forbes Under 30 or Over 50 and want specific “lister” information, you can email our team at forbeswomen@forbes.com.

Cheers to more travel in 2023!

Maggie

Featured Forbes Profile: Meet The Entrepreneur Helping Women In Chemo Keep Their Hair

Kate Dilligan founded Cooler Heads in 2018 after spending $8,000 to save her own hair during breast cancer treatment the year before. Scalp-cooling, which some patients say feels like having an ice pack on your head, can help many patients save all or most of their hair from falling out, a common side effect of chemo, because the cold constricts blood vessels and prevents the cancer-fighting chemicals from reaching hair follicles. But Dilligan’s experience was unwieldy and expensive, necessitating the help of a white-glove service to put dry ice packs on her head every 20 to 30 minutes while chemicals were pumped into her body. The process worked, but left Dilligan convinced there was a better way.

Read more, here.


ICYMI: News Of The Week

The Food and Drug Administration changed its regulations on Tuesday to now make it possible for abortion pills to be dispensed by retail pharmacies, further expanding access to medication abortion via drugs mifepristone and misoprostol. Here’s everything you need to know about the news and what it means for abortion access in the U.S.

Groundbreaking TV news anchor and host Barbara Walters, known for her work on NBC’s Today show and ABC’s 20/20 and The View, died last week at 93. She leaves a legacy that affected millions of viewers and fellow journalists around the world.

Charging more for pink razors or other items marketed to women became illegal in California on January 1. It’s estimated that, on average, women pay about $2,381 more per year for the same goods and services as men—but the new law is hard to enforce, leading to questions about its effectiveness.

Women’s employment in the top-grossing films of 2022 remains astonishingly low, according to a new study. Composers, writers, directors and cinematographers working behind the scenes on the movies we watched last year were overwhelmingly male, and women’s representation in these roles has barely budged in the previous 25 years.

Before the holidays, the Pregnant Workers Fairness Act and the Providing Urgent Maternal Protections for Nursing Mothers Act (known as the PUMP Act) were added to the 2023 omnibus spending bill, which has passed the Senate and is headed for a House vote.


The Checklist

1. Nuke your calendar. When employees at Shopify got back from their holiday break Tuesday morning, they were told every recurring meeting with three or more people would be automatically cancelled by the end of the day, and they should not add them back for at least two weeks—if at all. It’s an experiment worth trying.

2. Fill the holes in your emergency fund—and if you’re a woman or person of color, there are holes. The most common suggestion for emergency fund savings is three to six months’ worth of living expenses. But gender and racial wealth and earnings gaps mean the standard advice is not one-size-fits-all, so consider boosting your cushion so it covers 6 to 12 months’ worth of expenses.

3. Check your email just 1-2 times per day. Over the course of a year, some of us—some 40% of us, in fact—spend three weeks to more than a month (520 to 780 hours) dealing with work email. Cut this number down by implementing rules around when you’ll open your inbox.

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