How Wise Are You About Money?

Women Don’t Talk Enough About Money

About 90 percent of women will, at some point in their lives, be in charge of either their own or their family’s money, say financial experts.

Earning money, whether through working or investments, is often a taboo subject for many people – particularly women.

Yet it is interesting that, while talking about money is often off-limits, consumption of goods is frequently discussed, even showcased on social media.

Because money is often a taboo topic, we may feel uncomfortable asking for a raise or becoming more knowledgeable about investments.

When we don’t take responsibility for our money, it is likely because of some negative “money beliefs.”

Negative ‘Money Beliefs’ Keep You Stuck

I often hear from working moms that they avoid asking for more money because they are so grateful for “flexibility,” or they work part-time. They believe “they can’t earn more because they are not full-time.”

Or a woman who is stuck in a job that she hates may believe she “can’t earn money doing what she loves.”

Likewise, a woman may give her partner all responsibility for their family finances, because it is “too much work.”

These are just a few examples of negative money beliefs, ones that can keep you stuck from taking responsibility for your finances, and keep you stuck from having what you really want in your life.

Money Wisdom Isn’t About Getting More Stuff 

The storage industry is now a $38 billion business. Americans have a need for storage space they didn’t have 30 years ago.

Shopping addictions abound. The average American’s debt is on the rise.

Having money wisdom is not about getting more stuff to keep in a storage locker.

Money Isn’t Everything, But Being Wise Is Important

I left a very high-paying job because money, by itself, was not enough to keep me there. For me, and for many people, money is not the most important thing in life.

But being wise about money – eliminating or reducing debt, learning how to budget, saving and investing, and having a plan for retirement – is very important.

Being wise about money helps you have more freedom. It is an important value I want to teach my kids.

Money Wisdom Will Help You Have What You Truly Love In Your Life

Here are a few things that will help you with your money wisdom:

  • Take a moment to think about what you “think” about money. Do these beliefs help or hinder your money wisdom? Is there a belief you could challenge?
  • Do you have a financial plan and a retirement plan? If not, can you schedule a meeting with a financial advisor, banker or wise financial friend to help you get started with one?
  • Do you keep a budget? If you have debt, do you have a plan to pay it off? Ignoring it won’t make it go away and likely will make it worse.
  • Start small … there are many great financial “how-to” books to get you started. I like the financial advisor author, Suze Orman, but there are many books available to start learning!

Increasing your money wisdom will help you have more money.  

Money wisdom will also help you spend your money only on experiences or things you truly love and want in your life – not stuff you will put in a storage locker!

😀💜😀
Kathy

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P.S. — Want to create More Money and Money Wisdom in Your Life?? Check out my “Create More Freedom, Money & Joy Small Group Coaching Programs”.
Click Here for the In-Person Program starting on 10/6 and
Click Here for the Online Program starting on 10/18.

Kathy McCabe
Life Coach

More Tips On Building Confidence!

Hello All!

I hope you have had a chance to look at the PDF, “How to Build More Confidence…6 Essential Steps for the Next Time You Need It!”  

I am super excited to give you my short video series that goes along with the PDF.

The series is FREE for a while, so I hope you can use it soon!

The short videos will help you apply the steps to gaining MORE confidence in a quicker fashion!

Email me and I’ll share the video series and PDF with you!

ENJOY, and I’d LOVE to hear if the tips help you!

💜😀💜

Kathy McCabe
Life Coach

P.S.–Want to learn MORE tools to help you EXCEL in your life in addition to building your confidence? JOIN one of Kathy’s groups. Click HERE to find out more!

Gain More Confidence!

My client, “Margaret,” recently jumped two positions in her job.

How?

She worked on her confidence when advocating why she should get the promotion.

Confidence is a skill that many of us could use more of!

The Benefits of Having More Confidence

When you are MORE confident, you will:

  • Reach your goals faster.
  • Feel better.
  • Get what you REALLY, REALLY want.

I have worked with so many people who are confident in some areas of their lives, yet they lack confidence in other areas.

Sometimes, people don’t even realize that a lack of confidence is what holds them back.

They may call their lack of progress “fear” or believe it is “impossible” to achieve what they want. Often, feeling stagnant is about a lack of confidence.

You Can LEARN To Be More Confident 

CONFIDENCE is a skill you can LEARN.

It is a skill that needs to be PRACTICED.

My clients have inspired me, and I am SO EXCITED that I created the series:

How to Build MORE Confidence… 

6 Essential Steps to Have More Confidence the Next Time You Need It!

Email me and I’ll share the PDF with you!

I’d LOVE to hear if these steps are helpful to you!!

💜😀💜

Kathy McCabe
Life Coach

P.S.—Fall Groups Are Here! Click HERE to learn more!