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Career Mistake # 29: Being Financially Insecure

As I was writing up my post for RomancingTheBlog today, talking about one way that I used reading romances to get ahead in my corporate gigs, I got to thinking that we don’t talk about corporate careers much here at NoLimitsLadies.

So I looked around my home office and saw this book. Nice Girls Don’t Get The Corner Office, 101 Unconscious Mistakes Women Make That Sabotage Their Careers. I started flipping through it, looking for a good topic to cover and then stopped cold.

Career Mistake #29?

Being Financially Insecure.

Yep, not being comfortable with our finances can mess up our careers. Lois P. Frankel cites a few reasons. “Women are more likely to remain in dead-end jobs and be forced to work beyond the normal point of retirement because they can’t afford to leave. Women are less likely to make tough, but necessary, decisions because they’re afraid to rock the boat and lose their jobs. And women are often less able to understand the financial implications of business decisions because they don’t pay close enough attention to their own financial affairs.”

My area of expertise, project management, is high, high risk. I’m only as good as the last project, I’m one of the first people on layoff lists (as projects aren’t “core” activities) and if funding gets shifted then usually I do also. However, it is also high reward. I get paid to take those risks. If I were financially insecure, I’d have to stick to more steady eddy positions with average pay.

Posted by Kimber on May 16, 2007 6:00 AM |

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