13 Interesting Facts Finance American Women

IS common knowledge that women have different ways of handling personal finances than men. Women have a different financial reality, because they tend to live longer, spend more time retired, and more likely to get out of work to take care of the family.

Well, here are some interesting facts about women and finance, which are summarized from Women & Co.., A division of financial resources for women from Citigroup:

1. Women control 60 percent of the total wealth in the United States (U.S.) and about half of the personal property, the amount of which is estimated between $ 10-12 million.

2. Around the year 2028 coming, the average income of women is projected to have more than the average male in the U.S..

3. Almost all income growth in the U.S. over the last 15-20 years are from women.

4. Women are on the verge surpassed men in the number of workers in the U.S..

5. As many as 90 percent of women will be solely responsible for their finances at one point in their lives.

6. Women constitute 43 percent of the U.S. population with gross assets exceeding U.S. $ 1.5 million.

7. Women have 40 percent of private businesses in the U.S., and the businesses they manage growing at twice the rate of U.S. businesses overall.

8. As many as 50 percent of all U.S. investment capital comes from women.

9. Approximately 85 percent of household spending decisions are made by women.

10. Women have a shorter tenure than men. On average, women take a period equivalent to 11 years to get out of work and caring for the family.

11. As many as 73 percent of women defines wealth as 'security' or 'freedom.'

12. As many as 92 percent of the mothers saw themselves as role models of good financial concerns.

13. Money is the number one topic of discussion between mother and daughter in the present.
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