Smart Women Finish Rich
So, ladies, here's the good news about women and money and God, you can listen to this too. The good news is this. Today you are the entrepreneurs of America. You own 9.1 million businesses and you start the moderate 321 versus men. It's pretty remarkable. There's a lot of good news you actually employ right now 7.9 million people. You make up 45% of households with assets of $600, arm or you control those assets. Always a little confused by this statistic, because I'm married in my experience is that usually you guys have control over all the money They say that you write that you are you an impact 87% of all purchasing decisions and I think that that's really true, I can tell you that our last car, I was pretty positive that we should get an SUV and my wife wanted a station wagon. What do you think we have way have a station wagon? Exactly, uh, exact Happy wife. Happy life. 48% of millionaires or women in this country. So I told you how the number of millionaires has skyrocketed and ...
48% are women, and this number within 10 to 15 years will be at least 60%. That's when we're gonna control the bulk of the wealth in America. Um, you're also earning $12 trillion a year. Huge ring. You control 14 trillion in assets. It's been expected that somewhere between about $20 trillion will transfer two women in the next 10 to 20 years. Some of those numbers come from 10 to 20 but their issues numbers are huge. And that's too bad because the husband's gonna pass away first. Um, but wait, there's more. So here. Zero thing. Women are the primary wage earner and 40% of families. So most families there are at least two income households. And in many of those families, women are the primary wage earner. You control 83% of purchasing decisions because at 87% before, maybe that was from a previous day and age. But 83% of all purchases is pretty darn high. Um, you graduated a rate Now that is actually higher than men, both undergraduate and graduate. You consistently outperform men investors. By the way, A lot of these things were true number that first, all women do typically more research than men before they invest. So they will actually do all the research to all their homework. Completely understand everything. Get all their questions answered, then No. One best. Which is a good thing, by the way, because once your clear you're committed and the key to investing decades, not days and the key Dick investing is commitment, not panicking. When the markets go up, the markets go down. So women consistently up for many masters. But here's the number one reason you trade less. So when you look at people who trade actively, it's typically men and almost across the board, they're losing money. So the most important thing you can do when it comes to the money his know where all the money is. So everything I taught earlier in previous lessons, like using mint dot com, having the funding finishers file folder systems knowing your net worth What? What do you think the first thing is that people fight about when they get divorced? Money. They literally fight about money before they fight about the kids. And so what happens in divorce unfortunately go through divorce is that they divide the money up, and if you don't know how much is there, you don't get half how guys. I know this little section here was for wound. But I will say this to you to a lot of men today because the woman is the wife is the primary breadwinner. You need to know what's going all the money. Because now the roles have been reversed. They're thing. I will say that we have a lot of same sex relationships and marriages today, and it's all the same. It's called the same unit protection plan you need in the world. The money is and guess what? People in committed same sex relationships are now going through divorce. All the same rules apply. So with that ladies, you rock, go crush it and deal with all this stuff. All right, own your financial power.