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Featured Advisor



Kim Butler
President

Partners for Prosperity, Inc.

City:Mt. Enterprise

State: TX



BIOGRAPHY:
I have 20+ years of handling alternative investments in cash, growth and income for clients nationwide.  I strive to help my clients with all things financial in every way possible over the phone and the web.  I own an alpaca farm which I enjoy working during my downtime.  I also enjoy gardening, writing and reading books.  I also train other advisors on Prosperity Economics.

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May 8, 2015 Millionaire Fact of the Day

May 8, 2015 Fact of the Day:  How much do wealthy households spend on Mother's Day?  

 

 

 

DID YOU KNOW THAT MORE THAN HALF OF WEALTHY HOUSEHOLDS SPEND OVER $50 ON MOTHER’S DAY GIFTS?  

 


 

 


 


 

Research recently completed by Spectrem Group indicates that 36% of wealthy households spend $50-100 on mom for Mother’s day.  Fifteen percent spend $100-$200 and 6% spend more than $200.

Men tend to spend more on Mother’s Day than women 25% spending more than $100 on mom compared to only 17% of women.  Almost 40% of households with more than $5 million of net worth spend more than $100 on mom.

What are the most popular types of gifts for Mom?  Forty four percent of investors send flowers while 14 percent give jewelry.  Spa days and gift certificates are popular for 15 percent of investors.  Nine percent give mom a day to herself to do what she wants.   As wealth decreases, the likelihood to send flowers increases.  Business Owners are also more likely to send flowers than other occupations.

Looking for a great gift for your Mother?  Check out our Best Advisors…..