Why do we make our financial life so difficult when it doesn’t have to be? One reason is that we want to feel better right now and our consumer culture loves to prime the “I work so hard, I deserve something” pump. Feeling stressed, unhappy, dissatisfied? Buy something – that’ll make everything better - temporarily... Except that after the initial glow wears off – usually by the time you get home – remorse or guilt set in, along with the now monthly payment that goes on and on. Yow.Read More
The 2nd biggest money mistake women make is over giving to others before taking care of themselves.
Let’s talk: How many times have you given money to your adult children, boyfriends, partners, parents, people in need rather than saving more for your own needs - vacation anyone? …or for your future?
We women are “nice” and caring and that’s a good thing, but not at the expense of our own financial well-being. Lois Frankel, author of Good Girls Don’t Get Rich, says she spent "the first half her adult life believing that doing good and doing well were mutually exclusive."
Most women aren’t this extreme, but I’ve worked with more than one woman who has given large amounts of money from their life savings to men they met online. One woman nearly bankrupted herself.
Can you relate to these financial situations?
- A friend calls and says, “I’m out of money for the month. Could you loan me $100.00 to get me through?”
- Sam, your 22 year-old son wants to move back in rent-free.
- Jodie your 28 year old daughter, asks you for money frequently and is struggling to pay her bills, but buys designer shoes and purses. (And, you feel a little resentful, but override it.)
What do you do to break the over-giving cycle?Read More
Money Stressors affect 75% of Americans. What's the top reason for divorce? Financial problems that couples can't find ways to solve together.
How do we become like financial frogs in slowly boiling water? When we are falsely thinking we're financially ok until it's too late to jump out of the water?Read More
Are you feeling the Financial JOY you'd like to experience?
Money Coaching clients often come to their first appointment stressed, upset and angry about their money situation. Couples sometimes blame each other for the "pit" they're in. What they want is more financial JOY and peace but don't know how to get there.Read More
7 Incredible Facts About Women Owned Businesses
As we have ventured into a new age of opportunity, women all over the world have become empowered to take high seats in the business sector that once was governed by men. Although entrepreneurship and starting a certain business from scratch are never easy, women have proven their capabilities.Read More
As we age, the number one cause of stress is financially related. During our life, at some point, 1 in 2 adults over the age of 40 will suffer from stress born from financial worries. This tends to be due to having a range of pressures such as; money, work, economy, family responsibilities, job stability, housing costs, all placed on us at one.Read More
Over a hundred years ago the first and most famous psychiatrist, Sigmund Freud, asked the question: “What do women want?” Men, of course, are still perplexed by that question. No surprise. We women are complicated. That’s ok.
But women, WE don’t want to be perplexed by our money! That’s expensive ignorance. To be financially savvy, there are certain things you must know about YOUR money.Read More
Over the last year, I’ve been asking financially successful women what they think women need and want to know about their money and here’s what they shared.
- If your company has a 401K
- Women need to value themselves more and that will show up with their money.
- Pace yourself.
- Have Life Insurance and Disability job insurance in place.
- Have a budget
Women in Business: What are your money excuses? There are reasons why you don't have the money you'd really like to have. One thing to ask yourself: Do you treat money with the respect it deserves?
Perhaps you ignore your money (or should I say the balance in your checking account) except when you need to buy that pair of shoes on sale. Or, you live from pay check to pay check, hoping you’ll make it to the end of the month, but never quite sure. Anxiety provoking? Yes.
On one side of the money coin are those that aren't making enough money and struggle. But, I hear from women all the time on the other side of the NO Respect coin. They make plenty of money, but don’t know where it goes or feel out of control because they're not managing it well.
First Excuse: Not saving enough.Read More
I bet you could fill in all the blanks of those money clichés. It’s not money that’s evil, but the LOVE of money.
We know the answers to these money clichés because we unconsciously pick up the cultural messages around us – many of which tell us there’s never enough money.
I think it’s safe to say that all of us have some type of money “stuff”. Our Money Type shows us what is driving your money bus....Read More
Is it possible to become a MILLIONAIRE in today’s economy? Yes.
How many millionaires are there in America? Over 10 Million as of 2011.
Becoming one isn’t as easy as WAVING your Magic WAND though. Unless you’re like Donald Trump and inherited your millions.
What does it really take to build millionaire status? Follow these 10 Tips and watch your money grow!!Read More
What do women in business consider their biggest money challenge?
Here’s what you’ll want to know from a survey I conducted.
The two biggest challenges were:
- “Not making enough money” and
- “Not saving enough for the future.”
Why aren’t women in business making enough money?Read More