Let’s talk about Money.
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Why don’t we talk about money?
Let's talk about Money
When women get together, we talk about everything: The good, the bad, the ugly about our lives with our mate, family and work. We talk about love, we even talk about sex!
How about Money? Why don’t we talk about money?
When a girlfriend gets a new job, we will ask questions like, “What will you be doing? Where will you be working? Etc.. Usually we don’t ask, “How much money will you be making? When one of us announced she got a big bonus. We congratulate her, we celebrate (spend it) with her. We don’t talk about ideas for opportunity for financial growth, what she should do with that money.
Every one of us secretly does what it takes to get money, we think about how we can get more money. But we want to act like we don’t think about money. Somehow, we got the idea of desiring money is greedy. Hustling for it is unladylike. Talking about it is not classy.
Everyone agreed that we need money to survive, much like we need water and air to survive. No one ever felt uncomfortable talking about water and air, as they do talking about money. Nobody calls you greedy if you wish for a lot of water or air, but you might be called greedy if you wish for more money. Why the contradiction?
We must come to terms with our feeling toward money. We must education ourselves about money. We women empower each other by master minding, sharing stories between one another and sharing wisdom about life. We console, we support and we talk things out…in order to help each other to move ahead. We must do the same when it comes to money, we need to talk about it, learn from each other, master mind around it.
Money is not a dirty word. It should no longer be taboo. It is Ok for a woman to be ambition with money. In order for us to do more good personally or globally, we need MONEY.
Educate yourself, by learning. There are many news paper, magazine, books and conferences for women to learn about money. We can look for mentor, someone who is financially sound; go and ask them for advice. Get professionals help, ask your CPA questions. Ask your financial adviser questions; get an understanding of all aspect of money.
Plan for your money, have a goal. What do you want to do or buy if you have money? How much money do you need? Make a plan to get yourself to that dollar figure; a saving plan, a budget plan, an investment plan etc..
Test your plan; set yourself up for success by allowing yourself to grow into your plan. Take baby steps; if your plan is to save $300 a month. Try saving $100 the first month. If your plan is to invest in stock, try smaller amount in your investment for your first few transactions until you got the hang on it.
Keep your eyes and ears open, always be learning and be flexible to the changing market. Money in the market place move fast, they change quickly. Be aware of what your money is doing or not doing. Be flexible for new opportunities that come up or move away from investment that no longer serve you.
Talk about Money, which is a great way to stay aware. Speak with your mentor, others who are successful, people with money. What are they doing with their money? What is working now? What is not working? What is new? Take all of those conversation back to your Money TEAM; your CPA, your accountant, your financial advisor etc..Speak with those who are managing your money regularly.
Giovanna Garcia
Imperfect Action is better than No Action
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I always thought it was tragic that “money” was rarely taught in High School - geography, math, science, english - but not how to make and manage money. Great advice Giovanna, encouraging people to think openly about money and have a plan that fits their lifestyle.
Great post! I agree that money isn’t talked about nearly enough. I agree with the comment above too. It’s a shame that it’s not talked about in schools.
I like your point on baby steps. There’s no reason that success can’t be incremental. Momentum adds up.
Hi Giovanna,
That is an interesting cultural observation of women and money! Your correct….money management should be a topic of discussion both with women and men!
Thanks for your informative post!
Pete Baca
The Car Enthusiast Online
Hello Giovanna,
How important it is to talk about it, to manage it, help others to manage it better than we do. Thank you for this post.
Dan and Deanna “Marketing Unscrambled”
Hi Giovanna,
Thank you for talking about money. Not too long ago, I was just telling a friend, who’s also a personal development blogger, that I find it weird that not many personal development bloggers talk about money. I was thinking maybe it’s because there’re already too many personal finance bloggers talking about it or it’s still a taboo to talk openly about money.
So, it’s really heartening to see a personal development blogger talk openly about money today. Thanks so much for sharing.
Cheers~
Mark
Hi Gio .. money is so important; we were taught to save for things from an early age; our generation were taught to be careful. I wish I’d learnt bookkeeping at school, I learnt it later in life.
However now-a-days kids really need to learn about money and have a old age account from an early age, a sickness account, always save a little every month for all your life.
Always work, even from an early age - I now wish I had as a child, a chance to work in a shop, or do a newspaper round, and also the other thing is we’re educated to have a job .. no-one ever seems to look at other ways of earning money ..
Prepare your kids, prepare yourself as you do all monetary things in life ..
Thanks Gio - good points
Hilary Melton-Butcher
Positive Letters
Hi Mark@Global Patrio
I feel the same way about why we don’t teach student about money. I hope this post will help people to talk more openly about money and as a result we all get more wisely.
Thanks for your comment and joining the conversation.
Giovanna Garcia
Imperfect Action is better than No Action
Hi Positively Present
I am glad you like this post.
Thanks for your comment and support.
Giovanna Garcia
Imperfect Action is better than No Action
Hi J.D.
Most things in life are done by baby steps.
Thanks for your comment and sharing your thoughts.
Giovanna Garcia
Imperfect Action is better than No Action
Hi Peter
I am glad you like this post.
Thanks for your comment and it meant a lot coming from the money man.
Giovanna Garcia
Impecfect Action is better than No Action
Hi Deanna
It is so important to talk about money. We have to help each other have a better understanding of it.
Thanks for your comment and joining the conversation.
Giovanna Garcia
Impecfect Action is better than No Action
Hi Mark
I am glad you like this post. Money is a part of life, an important part of life. I hope this post will get the conversation going for people.
Thanks for comment and sharing your thought.
Giovanna Garcia
Impecfect Action is better than No Action
Hi Hilary
What you said is so true. I hope more people will prepare today’s children.
Thanks for your comment and sharing your wisdoms.
Giovanna Garcia
Imperfect Action is better than No Action