GayandRight

My name is Fred and I am a gay conservative living in Ottawa. This blog supports limited government, the right of the State of Israel to live in peace and security, and tries to expose the threat to us all from cultural relativism, post-modernism, and radical Islam. I am also the founder of the Free Thinking Film Society in Ottawa (www.freethinkingfilms.com)

Thursday, April 21, 2005

Women are financial powerhouses....

Here's a report from the UK on the wealth of women.
Female millionaires will outnumber their male counterparts across all age groups within 20 years, says research published today. It describes women as the "financial powerhouses" of Britain.

The study predicts that women will own 60 per cent of the nation's personal wealth by 2025, with many using their professional and personal skills to extraordinary financial effect.

At present, women millionaires between the ages of 18-44, and over the age of 65, outnumber male millionaires, the report says. They own 48 per cent of the nation's personal wealth.

But significant change will occur as a result of the rise in "financially sophisticated younger women", who will swell the numbers of those who inherit their wealth.

Many more women will own property - property ownership has helped to catapult women in business - and girls are performing better than boys at school, obtaining traditionally male, high-powered jobs.

Women are also living longer and are more likely to inherit. Then there are those who marry - and divorce - "well".
The research was carried out by the Centre for Economics and Business Research. I'd like to see similar stats for the US and Canada. I am sure they are similar.

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