The Good News
There’s never been a better time for women to take control of their financial futures. Even if full financial equality has yet to be achieved, women are more successful and independent than ever before. With success comes more responsibility to organize and manage their financial lives.
- Four of every 10 U.S. businesses are owned by women, with female-led businesses having grown a spectacular 58 percent from 2007 to 2018. Businesses owned by women generate $3.1 trillion in revenue.
- Women are starting new companies at twice the rate of men, according to the National Foundation for Women Business Owners.
- Women investors tend to have higest success rates than men. According to a study by the National Association of Investment Clubs, women’s investment clubs outperformed their male counterparts by a wide margin in 9 of the last 12 years.
While increasing numbers of women are taking charge of their financial future, many still leave money management to men or ignore it altogether. As a result, far too many women stay on the sidelines of the money game and never take charge of their financial future.