Women It’s Ok to want to be Rich: Demand It you are worth It.

Women It’s OK to want to be Rich: Demand it you are worth It. And you deserve it.

Women make up 11.7 percent of the world’s billionaires, according to Wealth-X.

That’s down from 11.9 percent in 2015.

More than half of today’s women billionaires inherited their wealth, compared with only 8 percent of male billionaires who inherited.

Only 17 percent of today’s women billionaires are self-made.

Women are making great strides in education, pay and promotions. But there is one economic arena where women are slipping further behind men: billionaires.

Women make up only 11.7 percent of the world’s billionaires, according to a study by Wealth-X, the wealth research firm. That’s down from 11.9 percent in 2015.

The number of self-made women is even smaller. More than half of today’s women billionaires inherited their wealth, compared with only 8 percent of male billionaires who inherited. In addition, 30 percent of women inherited a portion of their wealth, meaning that only 17 percent of today’s women billionaires are self-made.

All this data is from Forbes.

So you ask why? there are many reasons  for it. And all a true and unfair. But, the answers are it’s just the way it was and is even today in 2018.

So, Women It’s OK to want to be Rich: Demand it, you are worth It. And you deserve it.

Hi Moneyistas,This article is not a political debate or even a political statement.  It’s all about facts. As I state above the information or at least some of the information above come from Forbes. They still don’t cover or give you all the correct information.

So, I am.

The question is why?

Well first of all women could not vote. Are you ready for this? Until Aug. 18, 1920. 98 years ago. Even though congress passed the bill on June 4, 1919 the bill was not ratified with the 19th Amendment to the US Constitution until Aug. 18, 1920. 14-months later.

Not only could women not vote they were also not allowed to attend school. At least not high school. They were uneducated and had no technical skills. They were home makers, mothers and care givers at very early ages.

It really wasn’t until WWII that women were put into the work force to help support the war. In the 1940’s. By this time men had been working for decades before women ever entered the work force.

And it wasn’t until the 1960’s that women started to enter the work force in larger numbers. Many still uneducated and with no skills. But, they enter anyway.

Even in my own family my parents did everything they could to help my brother with advanced education and this was in the 1981 but not me. Because I was female. So I worked and put myself through college. So even in the 80’s the mentality was that men were the ones that were to support the family and women were to be the home makers.

And now today things are changing but slowly.

Some of the most-cited culprits are capital-raising and boardroom gender bias. Women entrepreneurs have a harder time raising capital for their business ideas and face largely male boards when trying to get the top CEO jobs or clients. Others cite cultural barriers to women entering the fields of technology and engineering, where many of today’s billionaire tech founders get their start.

Then finally The Fair Pay Act of 2009 was updated. 2009 just nine short years ago. It’s ridiculous. We are still fighting for equality.  I get it we haven’t been in the work force at least the paid work force as long. But, women have been the rock for their husbands and families for ions. And have worked harder for no wages then men have worked for wages.

Lilly Ledbetter Fair Pay Act of 2009 was an update to The Equal Pay Act. The amendment states that “Wages can include more than just hourly or annual pay. Wages includes bonuses, company cars, expense accounts, insurance etc.”According to the EEOC: “This law overturned the Supreme Court’s decision in Ledbetter v. Goodyear Tire & Rubber Co., Inc.,(2007), which severely restricted the time period for filing complaints of employment discrimination concerning compensation.”

And even with all of this. The pastors wife on mothers day 2017 stood up in front of 1,000 people that attended the Sunday Church Service and said. “Women should not or ever run for a political office.”  Yep in 2017.

And the thought today is that if women are to compete  with men then they need to dress like men and be almost like men. I say crap on that.  Women do need that killer, I am not going to take no for answer attitude. And that women need to learn to ask for what they want instead of being taken advantage of because her male boss says she’s worth this much.

But, women need to be women. Stronger than any man,  demanding and feminine.

So, Women It’s OK to want to be Rich: Demand it, you are worth It. And you deserve it.

But, if you want it. You have to go get it. You have to turn that emotionally side off that says you are a bad mother because you work. Put in the hard work now so you can financially take care of you and your kids. So you can afford to take them to the doctor when they are sick and take them on vacation or on a mission trip.  So if you want to be rich you have to have that mental toughness.

Tougher than any man. It’s up to you. And I’m here to help you. If you want it. But you have to want it. You have to be the one willing to make the sacrifices.

Even if it’s to liquidate everything you have and put it into cash and live on the bare minimum necessities to put away as much money as possible and get out of debt. It will only help you in the long run.

You don’t have to think I have to be this big as the women below. No that’s not how it works. You need a plan, you need to see the big picture. But, you need to put it in smaller bite size pieces.

You need small goals to be completed on a daily and weekly basis. (Oh, and by the way don’t quit your day job. At least not yet)

I am here to help you with your smaller bite size pieces.

The most important thing is. Is to stay focused no matter what and be patient. Martha Stewart and Oprah Winfrey were not billionaires in a day, week, month or year. It took them years.

Below are three female self-made billionaires: That broke down some of the barriers. That actually helped open up doors for the rest of us.

FIRST BILLIONAIRE: In 2000, Martha Stewart became America’s first self-made female billionaire. She first hit billionaire status in 2000 after taking her company, Martha Stewart Living Omnimedia, public a year earlier. She made her way back to the Forbes Rich List in 2005, during her infamous five-month jail term.

 

ERA OF ENTREPRENEURS: Oprah becomes the first African-American female billionaire. The former television host turned media mogul founded OWN cable network and has a 10% stake in Weight Watchers.

She is currently America’s highest-paid female celebrity, worth roughly $3 billion.

FIRST MILLIONAIRE: Sarah Breedlove  1867-1919 an African-American entreprenur was celebrated as the country’s first female self-made millionaire, according to her New York Times obituary. The orphan was born to freed slaves; she later invented and sold homemade hair-care products to black women through the Madame C.J. Walker Manufacturing Company. Breedlove built a factory, a laboratory and a beauty school to train sales agents.

I am here to do everything I can to help you become financially independent. So that you can dictate what happens in your life and the lives of your children. So that no one else defines what you are worth.

My courses.

5 Powerful women Entrepreneurs you never heard of that are earning millions

Disclaimer

0

2 Comments

  1. Deseriee

Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Skip to toolbar