Posted by: Ann McKenzie | January 5, 2012

6 Reasons Why Women Need to Create Their Own Wealth

Kim Kiyosaki  discusses in ” The Business Of the 21st Century”  by Robert Kiyosaki ( author of “Rich Dad, Poor Dad”) six reasons why women need to create their own wealth.

  • Statistics- 47% of women over 50 are single and responsible for their own finances.  Women’s retirement benefits are about 1/4 of men due to staying out of the workplace  longer from raising children and the fact that women still get paid less than men generally.  Women usually outlive men by 7-10 years and  married baby-boomer women outlive their husbands by 15- 20 years on average.  3 out of 4 elderly people living in poverty are women and 7 out of 10 women will live in poverty sometime in their life.  These are eye opening statistics!
  • Avoid Dependency-creating your own wealth assures that through divorce or job loss you will still be able to take care of yourself financially.
  • No Glass Ceiling- in corporate America women encounter the glass ceiling due to gender many times.  It is especially hard for women over 50.  In network marketing, there is no bias due to age or gender.
  • No Limits on Income- Your salary depends on your work skills and effort.  There are no limits as to how much you can make.
  • Increased Self-Esteem-when becoming financially independent , you also increase your self-esteem.  Most network marketing companies emphasize personal development as a way to succeed.  The bonus is you grow as a person too!
  • Control of Your Time- with your own business you can create the hours you want to work allowing yourself time for your family, friends and other areas important to your quality of  life.

Network marketing is a great vehicle for women since most of the business is centered around relationships where women tend to excel.  It is a fun way to make money especially if you are involved with a company you are passionate about!

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