The Wealth Equation

The power of the purse is becoming a commonality with women controlling nearly 60% of the wealth in the United States. Investment News reported that women represent nearly half of American millionaires and are expected to control two-thirds of the nation's wealth by 2030.

And yet, the mystery of the wealth equation still remains. Women of Denver Founder, Krystal Covington, is determined to solve the mystery and she started by hosting an event, The Wealth Equation, with like-minded individuals with one goal sharing the wealth of knowledge.

The event consisted of a panel made up of fortune finders.

Jacqueline Molnar, Chief Compliance Officer at Western Union, has twenty years of experience as an attorney and compliance officer. She has led large international teams in the successful development of global anti-money laundering programs across multiple jurisdictions. Molnar has represented numerous Fortune 500 companies in complex legal and regulatory matters around the globe.

Jacqueline's major keys:

- Find the best way to generate income, so you'll have more to stockpile over time.

- Get rid of your debt and create a rainy day fund. -

Let people know you are ambitious, so you can be first in line for great opportunities.

- You are never more powerful than when you are negotiating for yourself.

Kyle O'Dell is the Managing Partner at OWRS and was the sponsor for this event. He has made it his life's mission to teach people about lifestyle security. As a leading expert in the financial industry, O'Dell prides himself on teaching his clients about the peace-of-mind and personal power they can find with lifestyle security in retirement.

Kyle's major keys:

- You can't diversify away risk. Move past the traditional portfolio mix to look for non-traditional strategies that better protect your wealth.

- Ask questions when discussing money matters with your advisors. Men ask questions but that doesn't mean they have more knowledge than women.

- When selecting an advisor, look for fiduciaries who have pledged to put your best interest first. Also seek those who can provide you with diverse solutions, not just those under the company brand they represent.

Erin Hayes, Co-Founder and Chief Revenue Officer at Enquire Solution, is a leading innovator in the senior living industry. Hayes has been deemed an expert in data management and technology solutions. She also helps clients increase their occupancy by advising them on how to implement sales systems, measure performance, and translate community data into actionable insights.

Erin's major keys:

- Surround yourself with people you want to be like.

- There's no substitute for hard work.

- As an entrepreneur, sometimes you have to fake it until you make it.

Joce Blake, Writer www.linktr.ee/joce_blake