Last week I spent several days with about 2,000 women business owners at the eWomenNetwork in Dallas. The speakers and workshops were full of “ahas” and “oh, that’s how you do that” insights for me! I want to share a few of my favorites that relate to life or money in upcoming blogs. I believe that life and money are closely intertwined, not only since money provides so many of those things on our wish lists, but also because making and managing money calls for us to grow in so many ways. Saturday's speaker was my longtime favorite author Jack Canfield. He has now sold half a … [Read more...]
Money Tips for Couples
February 14, 2011 By Leave a Comment
With this being Valentine’s week, I thought this would be the perfect time to share a few tips for couples for financial woman visitors who are married. Money is frequently reported as the top reason couples argue. Much of the stress around money management can be avoided by simply getting on the same page with your spouse about money matters. Here are a few ideas to make that happen: Set up a regular money date to update and review progress toward your financial goals. Make this fun; you can do this over a dinner date or a latte. Recognize that childhood money beliefs are likely … [Read more...]
Capital Appreciation as an Investment Objective
January 13, 2011 By Leave a Comment
Last week in Financial Woman’s Short & Simple Investment Tips, I began a series on investment objectives, beginning with capital preservation. To refresh your memory, investment objective is lingo for goal; what is the main outcome or goal you have for an amount of money you are looking to invest? This is the first question individual investors should ask before beginning their search for the best investment; it’s the starting point, and the four main investment objectives are: It’s not lost It grows in value It provides income A combination of any of the above Remember from … [Read more...]
A Gift for Yourself
December 22, 2010 By Leave a Comment
What does it take to live a life of financial empowerment? There are three steps you must take that will allow you to confidently oversee management of your investments. Once you have mastered these three areas, you’ll be ready for most anything life throws you, at least in the financial arena. Commit to giving this gift to yourself in 2011: knowledge for financial empowerment. The three things you must know are: How much money you have Where your money is and how it is invested, or how to invest it if it is not already invested How to measure the performance of any financial advisor or … [Read more...]
Financial Goals for 2011
December 14, 2010 By Leave a Comment
Have you set your financial goals for 2011? I find that if I set my goals before the New Year arrives, I feel like I am “ahead” somehow. Being ahead is a good thing for me, especially since, like many of us, I feel like I am always “behind” or trying to “catch up”. I’m not sure how I came to live my life feeling ahead or behind, but that’s a topic for another day. You can make the process of creating financial goals a fun one, because you are giving your money management the attention it deserves. If you are consistently doing this, then it is probably growing, and it’s … [Read more...]
Comfort and Joy!
December 6, 2010 By Leave a Comment
Comfort and Joy! These two beautiful words jumped out as I glanced at the front page of the Austin American Statesman while walking up my long, steep driveway returning from my invigorating walk on this crisp December morning. I love the comfort and joy that I relate to the holiday season. I also thought about how these words relate to women and investing, since this topic is usually on my mind. Isn’t comfort and joy what money ultimately brings when it is managed well? We gain comfort from the shelter money provides, whether home is an apartment filled with our favorite things, or a … [Read more...]
Money Affirmations Lead to Successful Investing
October 28, 2010 By Leave a Comment
Since successful investing begins with feeling comfortable and confident, I recently added some money affirmations for women on the Financial Woman website to help you get started feeling financially empowered. Today I want to share the first money affirmation with you; No one cares about my money more than I do. Sometimes when we work with financial advisors, it can seem like we don’t really have to be involved or knowledgeable about where our money is invested. It’s easy to feel like it’s your advisor’s responsibility, and it really is, to a certain extent. My question for you is … [Read more...]
Women and Investing Aha Moment
September 27, 2010 By Leave a Comment
Recently I had an "aha" insight about women and investing when I had the oil changed in my car. The only reason I brought myself to finally have it done was because I was driving to Houston the next day with my sons, and I wanted everyone to be safe. While I was at the car service shop, I looked at my tires and noticed that they needed to be immediately replaced, which was a major inconvenience to get done before travel the next day. Always analyzing my behavior with the hope of improving it, I realized that I don’t take care of my car in a timely and better manner because I never learned … [Read more...]
Connect and Expand with Women
September 13, 2010 By Leave a Comment
In discussing the possible end of our book group, my dear friend Marie recently pointed out that throughout history women have gathered and supported one another. They would regularly visit while quilting, canning or knitting. Now that this tradition is not as common, women still need to find ways to connect and support each other. While household chores brought women together more often in the past, now we are also drawn to gathering to expand our minds as well as being creative. It is amazing that this would have once been forbidden, and still is in many places globally! In creating my … [Read more...]
