Retirement Accounts: Shocking Truth Revealed!

Retirement Accounts: Shocking Truth Revealed

This sounds crazy but a lot of retirement account investors don’t know how much money they have in their retirement accounts. It’s even more common to not know how their retirement account is performing. I think I know why, and I'll share a shocking fact that may change this …. It’s funny that money is the only area where we let someone totally manage one of the very most important things in our lives but we don’t check to see if they’re doing a good job. And it sort of makes sense and here’s why… I get it; we’re all busy. And when the finances are going well and the … [Read more...]

The Money Coach Formula to Trade Time for Money

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When I first started my own business as a money coach, delegating was really hard for me. I had learned to delegate in my corporate job, but when it came to the home turf, this turned out to be a more difficult feat. Being raised an independent, money conscious, Southern woman, I definitely have DIY in my blood in a big way. I think a lot of women do. I’ve prided myself on being a DIYer, since it is the essence of independence, or so I thought. What I learned is this: When it comes to home decorating projects during play time, DIY can be great fun! When it comes to overall life and … [Read more...]

Is Your Money Getting Some Good Love?

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Are you loving your money? For some strange reason, the answer to this question conjures up feelings of guilt and shame for many people since it probably seems like you do love your money. But isn’t it wrong to love your money? What’s wrong is loving money itself beyond anything else, and sacrificing all of aspects of your life in the endless and obsessive pursuit of money. Money is a tool that can be used to do wonderful things. Money provides food and shelter for you and your family; it can help others in huge ways. As you know, the list of what money provides is endless, but … [Read more...]

Einstein Had a Really Good Point

Money Matters

Personal finances deal with everything from choosing a financial adviser to deciding whether or not to splurge on that gorgeous cashmere coat that’s on the sale rack this month. The money topic is so all encompassing that sometimes it can just feel like too much! This simple strategy has solved many a dilemma in my life by helping me zero in on what really needs my attention the most and letting the other stuff go. It can work wonders for any area, including money matters. Have you ever kept doing something even when it wasn’t getting the results you wanted? I know that I sure have! … [Read more...]

Happy, Guilty or Shameful about Your Money?

Feel Guilty or Happy about Your Money?

Last week at the Texas Conference for Woman I had the pleasure of hearing Dr. Brenè Brown speak for the second time after hearing her speak at my son’s son several years ago. Brenè’s success has catapulted since her Ted Talk went viral. Her years of research on the topic of women and their emotions, especially around guilt and shame, offer us insightful avenues for personal growth. Since guilt and shame are powerful obstacles that frequently block the path to financial freedom, I especially enjoyed a recent Austin Woman magazine’s article featuring Brenè. Below are some of my … [Read more...]

Comfort Zones Are Cozy But…

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When was the last time you left your comfort zone?  As I write to you today I am unreeling from speaking at the Texas Conference for Women yesterday.  I was scheduled to do an expert exchange on Savvy Smart Spending and finding undervalued investments to a group of up to 150 women, followed by a book signing.  I’ve been speaking more over the past two years, and even though the live Q and A format wouldn’t allow me to prepare for the presentation, I thought to myself, “Piece of cake; I can easily talk about women and money all day.” Two days before the event I got a call from the … [Read more...]

This Simple Tool Will Make Your Life Better

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Have you taken time to identify your best skills and talents?  On Sunday morning I jumped back in bed with my green tea and the 3 skills assessment tests I have taken in various programs during the past ten years.  Interestingly, they all revealed the same skills, so they must be accurate! This is an exercise I highly recommend for anyone seeking self-improvement, which I hope is every Financial Woman reader.  Knowing your natural talents and abilities can help you achieve both your life and financial goals in several ways. You know the most obvious route to increase … [Read more...]

Do You Ever Slip into This?

Ever Go Negative with Money Matters?

Do you ever “go negative”? Yesterday I went negative. Something turned out other than the way that I thought it should, and I went negative, rather than either trusting that what happened was the best thing for me, or asking what I learned from the experience. Tweaking other possibilities could have also been another promising solution instead of choosing to go negative. It’s easy to go negative when it comes to money matters. Going negative sounds like: I’ll never pay off my debt No one is making money in this economy I am just grateful to have this job (even though I hate … [Read more...]

Are Your Financial Goals Evil?

Are You Loving Your Money?

Are you loving your money? Or are you thinking to yourself right now “I’m not supposed to love my money, am I? Isn’t that bad?” The only way to answer that question is to know what you want to accomplish with your financial goals, and then decide if those accomplishments are evil. My guess is that they aren’t! So, now that we have established that it’s okay to love your money, how can you feel great about your money so you can nurture and grow it? Recognize that there are negative feelings tied to loving your money that many of us hold on a subconscious level related to … [Read more...]

What Boosts Retirement Savings Quickest?

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Recently, while studying for a new financial certification, I read that increasing income does not achieve financial goals; it stated that financial goals are achieved through saving money, and the compounded earnings of those savings. Hmmm, this is a college level text book, so it should be right, but I don’t agree. This thinking does, however, reflect traditional financial planning, and what is still being taught and practiced by many. Of course, compounded earnings from savings is certainly a wonderful thing! No one could rightly argue with that, especially if those earnings are … [Read more...]