Women and Financial Power

According to Mike Davidson, Head of Marketing for State Farm Insurance, the following statistics about women will shake us from our stupor about females in America.

Women:

Control 60% of the wealth
Influence 89% of all major household expenditures
Have sole or partial ownership of 87% of all homes
Own 10.6 million businesses or 40% of the total number of privately owned businesses
By 2026 13 trillion dollars will be inherited with 90% going to women
Some 37% of women and 22% of men have no plan for retirement or inheritance