Take Responsibility for Your Money!

Do You know where your money is

NEW RULE; the Big Idea/ Strategy to help with this new world we live in:

Take responsibility for YOUR Money.  Do it NOW – don’t wait for a “pain point.”

Why it’s important:

At least once per month, I meet a woman with a new story to share with me. Rich, poor, old, young, this kind of financial tragedy doesn’t discriminate, it can happen to anyone. Yes, anyone.

Sadly, my story is not unique.  In fact, it’s quite ordinary.

Everywhere I go, I meet women with the same frightened look.  Women—capable, intelligent, savvy women have found themselves financially vulnerable.

  • After her divorce, Susan married a man thinking that she would be financially secure.  She relied on his advice and invested in a property and a business.  Both lost money and now they’re declaring bankruptcy.
  • Donna’s parents are getting divorced.  Her father lied about his finances and her mother is left with nothing.
  • Ginger lost her husband to a car accident when he was in his 40’s.  She was left alone with 4 children.
  • Debbie’s father remarried and her stepmother just shredded her father’s will.  Will she get her inheritance?
  • Valerie’s husband used the family money to pay for his paramour (lover). She found out when her Mom called and told her that her house was in foreclosure.
  • In the last few years of his life, Laurie’s Dad lost all her Mom’s family money – money she thought she would eventually inherit and retire on.
  • Diane’s husband decided he didn’t want to be married to her anymore. She is now wondering why she gave up her career to raise the children.

These are real life stories -They didn’t know this could happen.  They didn’t plan for it.  They thought they were protected.

How to accomplish the above:

Start digging in a little bit at a time.  Learning about finances and money can be fun if you have the right mindset and the right attitude.

Quote for this Episode:

“Women with money and women in power are two uncomfortable ideas in our society.”  Candace Bushnell

I encourage people to take time for themselves each and every day. One of the ways to relax is to read a good book. A Fiction Book. What is your Favorite Book:

 My Favorite Book is A Woman of Substance by Barbara Taylor Bradford

Action Steps:

Take that first step and get involved in your finances and financial planning.

Read:

The 5 Lessons A Millionaire Taught Me for Women by Richard Paul Evans

You can read a review of the book, plus more ~ Click here

The Simple and Sassy Guide to Financial Empowerment~ 7 Critical Steps for Women to Learn How to Become Financially Savvy and Prepared by Holli Rovenger

I list many resources to help you throughout the book.

Keep reading and if you find another great resource please share with us in our facebook group.