Sunday, April 26, 2009

Women No Longer Stay Home and Bake Chocolate Chip Cookies



By 2010, women
will control 60% of wealth
in the United States.

According to Martha Keates, Senior Consultant, Marts & Lundy, by 2010, women will control 60 percent of wealth in the United States. She goes on to say:
That American women are gaining economic power is a well documented trend: in 2005, women constituted more than 46% of the nation's top wealth-holders, with their share of assets growing by 50% over the last decade to more than $6.3 trillion. By 2010, women will control 60% of wealth in the United States. Women start more than 400 new businesses each day, twice the rate as men. Add to this the tide of wealth being conferred through the intergenerational wealth transfer (and the undisputed fact that women live longer than men) and, to paraphrase Senator Dirksen, pretty soon you're talking about real money.
Read more at "It's Not Your Mother's Bake Sale."

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