Thursday, October 18, 2012

The female side of Money

Women of all races are usually looked upon  to take care of everyone including herself and we usually leave the one person neglected that needs her the most - Herself.

Yes, repeatedly women give themselves the short end of the stick since we are by nature nurturers, we tend to take care of everyone except ourselves. The problem with that picture is there will be no one left to take care of us when it's our turn.

I read an article in the March 2012 issue of Black Enterprise Magazine about wealth statistics concerning women and it was frightening what I read about African-American women:

If you are a single African-American woman, you have a median wealth of
$100 compared to $7900 for single black men and $41,500 for single white
women.

If you have a car, then your wealth jumps to $5000 but remember a car is a
depreciating asset.

Social Security is the only source of retirement income for more than 25%
of black women -- Ouch!

This study was conducted by Lifting as We Climb released by the Insight
Center for Community Economic Development.


Do you want to learn how to behave like a Wealthy Woman?

It's not too late to learn.

To Your Wealth!