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PRESS RELEASE
Women Race To Get A Money Makeover

May 7, 2003

Financial website, The Motley Fool, (www.fool.co.uk) is holding a second money makeover for women in June 2003 because the first one (to be held on May 15th 2003) is so over-subscribed. This second workshop, to be held on Thursday June 19th 2003, is already partly full showing that a lot of women feel a desperate need to get their finances in order.

The workshop, called Taking Control of Your Money, will be given by Motley Fool writer Jane Mack and financial expert and stand-up comedian (yes really!) Jasmine Birtles who are co-authors of 'A Girl's Best Friend Is Her Money' (Boxtree £12.99).

"Women are actually very good at dealing with their money once they get the idea," says Birtles, "it's just that we've had so many centuries of being told not to worry 'our pretty little heads' about it that we have a lot of catching up to do. Once women do understand money and investing, though, they actually do better than men."

And women need to understand money now more than ever. Look at the facts:

  • Women generally earn about 80% of what men earn
  • Women usually give up their careers and earning power (at least for a few years) to care for their children
  • The divorce rate is running at 40%, and rising
  • Women tend to lose out most from divorce financially
  • Women generally outlive men but have much less money invested to pay for their future

At the moment, 1 in 3 households is a single person and it's estimated that in twenty years' time more than half of the adult population will be living alone. So any woman who's dreaming that her man will look after them in their old age can dream on!

Any woman who attends this workshop will find out how to:

  • Take control of her finances and stop them controlling her.
  • Become wealthy without trying too hard
  • Have a retirement full of cruises and toy boys instead of cat food and day-centres

Workshop details

Taking Control of Your Money will take place from 6.30-9pm on Thursday 19th June 2003, at The Media Centre, 131-151 Great Titchfield Street, London W1P 8AE.

The workshop costs £15 and includes a FREE copy of A Girl's Best Friend Is Her Money (RRP £12.99), a glass of wine and canapes. Places are strictly limited so book now to avoid disappointment.

Payment should be made by cheque made out to 'The Motley Fool'. Please send cheques to The Motley Fool, 6th Floor, 3-8 Carburton Street, London W1W 5AJ. Confirmation of booking and summary of event will be sent by return post or e-mail (please include your name, address, phone number and e-mail address).

For more information, phone the Motley Fool on 020 7663 3665.

Notes for Editors

Press tickets

There are a limited number of press tickets available for journalists who wish to attend. Please contact The Motley Fool to be put on the list.

About The Motley Fool

The Motley Fool's mission is to tell people the truth about finance, helping them take control of their money and make better financial decisions. Its UK web site was launched in 1997. It has published 10 books in the UK, of which the UK Investment Guide has sold over 200,000 copies.