Yesterday, we addressed some of the money myths we may have learned from our moms. So today as promised, we are going to talk about how to break away from the female stereotypes when it comes to money.
Kim Kiyosaki writes in her book Rich Woman about busting our of old stereotypes:
"It is no longer a valid excuse to say, 'I'm not good with money,' or 'I don't know anything about investing.' The past doesn't matter at this point. What does matter is the choice you make today.
As best I can see there are two choices:
1) Accept that you have no place in the world of money and investing - be content balancing a checkbook and paying the family bills.
OR
2) Choose to take control of your financial life. Know that your financial future is up to you and no one else. Get smart with your money. Get prepared. Take action. And go make things happen.
This is the decision: Am I going to commit to do what it takes for my personal financial success...or not? If not, then I understand that I am agreeing to allow someone else to be responsible for my financial well-being and accept the consequences that go along with that. If on the other hand, I am willing to commit, then it's time to put aside all excuses and get to work."
We believe that women should not set any limits to what we can or cannot do, especially when it comes to business, finance and investing (hence the name of our site!). So now that we know women and this week's focus particularly- mothers- can take control of our financial futures, tomorrow we'll talk about the Top Five Reasons Moms Make Great Investors!
Comments (1)
When I read Rich Woman a few months ago I started asking women around me about how they manage their money. I was amazed by how seemingly independent women, women with jobs and income, blushed and muttered, "Oh, I always let [insert man's name here] take care of the finances."
It was what made me resolve to start educating myself. Looking forward to tomorrow's list!
Posted by Rich Minx | May 9, 2007 8:23 PM
Posted on May 9, 2007 20:23