Business

Bonta Pushes for Gender Equity in Consumer Good Prices

Attorney General Rob Bonta issued a consumer alert reminding residents to know their rights under Assembly Bill 1287 for Women’s Equality Day on August 26.
State law prohibits businesses from charging different prices for substantially similar goods based on the gender of the product’s target audience. The law protects consumers from the “pink tax,” a label used to describe the practice of charging women higher prices than men for the same or similar goods.

Published

2 years ago

September 10, 2024

Oakland Post

Attorney General Rob Bonta (AG Facebook Page)

By Bo Tefu, California Black Media

Attorney General Rob Bonta issued a consumer alert reminding residents to know their rights under Assembly Bill 1287 for Women’s Equality Day on August 26.

State law prohibits businesses from charging different prices for substantially similar goods based on the gender of the product’s target audience. The law protects consumers from the “pink tax,” a label used to describe the practice of charging women higher prices than men for the same or similar goods.

According to consumer data, products marketed to women cost 7% more than those marketed to men. The average cost of personal products is 13% higher for women compared to men. The bill authored by Assemblymember Rebecca Bauer-Kahan (D-Orinda) was enacted to prevent gender-based price differences that violate the law.

Bonta condemned the pink tax and encouraged consumers to report businesses that have violated this law.

“The Pink Tax is a sexist practice that is illegal in California. Women, especially Black and Latinx women, are paid less than their White, male counterparts in the same roles, yet have to spend more than men to buy very similar products,” said Bonta.

“California consumers have the right to shop without fear of discrimination,” he said.

Bauer-Kahan stated that the majority of products are gender -targeted. With this law, the state is working to close the unnecessary and burdensome gaps of gendered pricing to promote gender equality.

“It has been two years since the passage of AB 1287, and it is very exciting to see the work Attorney General Bonta is doing to guarantee consumers rights under California’s Pink Tax Law. Unequal prices for women translate to impacts for their own financial well-being as well as that of their families. This also exacerbates the already-existing gender gap in financial inequality,” she said.

The bill is supported by the California Commission on the Status of Women and Girls which cosponsored AB 1287. Since the passing of the pink tax law, supporters of the bill argued that unequal pricing translates into unjust and harmful financial impacts for women and girls given the issue of gender pay gaps. The practice of pink tax further widens wealth inequality by disproportionally affecting women of color statewide.

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Oakland Post: Week of March 18 – 24, 2026

The printed Weekly Edition of the Oakland Post: Week of March 18 – 24, 2026

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March 22, 2026

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Financial Wellness and Mental Health: Managing Money Stress in College 

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances.

Published

2 weeks ago

March 17, 2026

Oakland Post

Sponsored by JPMorganChase

As a college student, managing financial responsibilities can be stressful.

If you’ve found yourself staying up late thinking about your finances or just feeling anxious overall about your financial future, you’re not alone. In one survey, 78% of college students who reported financial stress had negative impacts on their mental health, and 59% considered dropping out. While finances can impact overall stress, taking steps to manage your finances can support your mental, emotional and physical well-being.

When it comes to money, the sources of stress may look different for each student, but identifying the underlying causes and setting goals accordingly may help you feel more confident about your financial future.

Consider these strategies to help improve your financial wellness and reduce stress.

Understand what causes financial stress

2. Determine your financial priorities

Start by reflecting on your financial priorities. For students this often includes paying for school or paying off student loans, studying abroad, saving for spring break, building an emergency fund, paying down credit card debt or buying a car. Name the milestones that are most important to you, and plan accordingly.

3. Create a plan and stick to it

While setting actionable goals starts you on the journey to better financial health, it’s essential to craft a plan to follow through. Identifying and committing to a savings plan may give you a greater sense of control over your finances, which may help reduce your stress. Creating and sticking to a budget allows you to better track where your money is going so you may spend less and save more.

4. Pay down debt

Many students have some form of debt and want to make progress toward reducing their debt obligations. One option is the debt avalanche method, which focuses on paying off your debt with the highest interest rate first, then moving on to the debt with the next-highest interest rate. Another is the debt snowball method, which builds momentum by paying off your smallest debt balance, and then working your way up to the largest amounts.

5. Build your financial resilience

Some financial stress may be inevitable, but building financial resilience may allow you to overcome obstacles more easily. The more you learn about managing your money, for instance, the more prepared you’ll feel if the unexpected happens. Growing your emergency savings also may increase resilience since you’ll be more financially prepared to cover unexpected expenses or pay your living expenses.

6. Seek help and support

Many colleges have resources to help students experiencing financial stress, like financial literacy courses or funds that provide some assistance for students in need. Talk to your admissions counselor or advisor about your concerns, and they can direct you to sources of support. Your school’s counseling center can also be a great resource for mental health assistance if you’re struggling with financial stress.

The bottom line

Financial stress can affect college students’ health and wellbeing, but it doesn’t have to derail your dreams. Setting smart financial goals and developing simple plans to achieve them may help ease your stress. Revisit and adjust your plan as needed to ensure it continues to work for you, and seek additional support on campus as needed to help keep you on track.

 JPMorgan Chase Bank, N.A. Member FDIC