Saturday, June 6, 2009

 A 2007 study done by  Asset Management Advisors found that most women with net worths of $1 million or more, inherited their wealth rather than building it themselves. Hmmm. I guess I am not surprised, but it is still a wake-up call to see it in print.

The study went on to report that in addition to those who inherited their wealth (36%), another 29% gained their wealth as a result of their husband's employment. Hmmm again.

C'mon, Women! We need to get up to speed here. It remains as true as it has been for hundreds of years, that women SPEND most of the money in our society. Apparently only about 18% of us consider ourselves "savers" too. Oh dear. We have really let something settle in here that is limiting our full potentiality. We are still entirely too dependent on Others for our economic health and well being. That puts us about one residual income check away from the slippery slope, if those relationships change. Not a good way to secure our financial futures. And not a good message for our daughters...or sons for that matter.

And even if our relationships are in great shape (and I really do wish that for all), isn't it about time to start changing the demographics again, to show that women are every bit as capable and well-positioned to build wealth on their own, as the men are?


I'd say so. What do you say?


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