Empower Your Financial Future: Why You Should Listen to Million Dollar Action by Rachel Rodgers

In a world where financial independence can significantly alter one’s life, women continue to face unique challenges in achieving wealth. Whether it’s the persistent gender pay gap, societal expectations, or a lack of resources tailored to women’s experiences, the journey to financial empowerment can seem daunting. However, Rachel Rodgers' book, Million Dollar Action, is here to change that narrative.

Let's look at the Stats!

• 90% of the world’s millionaires are men. Only 10% are women. This stark difference highlights the severe gender imbalance in wealth. We’re not anywhere near 50-50. There’s a lot of work to do, and this book is here to help you start.

• 13% of men earn $100,000 or more per year. Only 6% of women earn that much.

• Women are 80% more likely than men to be impoverished in retirement. It’s no surprise—being underpaid throughout life leads to precarious financial situations in senior years.

• On average, a Black household in America has a net worth of about $17,000. For a white household, it’s $170,000—literally ten times more.

• In corporate settings, only one in five people in high-paying, executive positions are women. Only one in twenty-five are women of color. For those working in large companies, this disparity is all too familiar.

• There are more than 12 million woman-owned companies in the United States today. While this number is encouraging, the financial picture is less so:

• 78% of these companies remain financially stuck, generating less than $50,000 in annual revenue.

• Only 4% thrive financially, generating $500,000 to $1,000,000 per year or more.

If this don't make you want to listen to her book and understand how we can change this, then I can't help you. For all my sisters, looking to shift financially like yesterday then go listen to Rachel Rodgers book. I promise you it will give you that mind shift that you NEED!

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