Many times, women have had a difficult time with finances. Whether it is because of upbringing, exposure or expectations is hard to tell. But it is so important for women to take ownership of their own financial lives, and make sure that they have financial independence and freedom, on their terms, for themselves and for their children. It all starts with your mind.
Cultivate an “I AM WORTH IT” Mindset
Women have deep-rooted beliefs about money that are cultivated or formed from their earliest years in life and that are reinforced as they get older. But this does not have to be a negative for women. In fact, women must embrace an “I am worth it” mindset in order to succeed in life, and of course, in financial matters, such as investing. This will be a journey and there is no one-size-fits-all approach, but below are some general tips that can help.
Know your Stuff.
Confidence is sexy, and you can only be confident if you know what you are talking about and if you have done the research and practice. This is true in whatever aspect of life you focus on. It is especially true professionally and it also applies in your financial life. So, keep learning. Subscribe to blogs like this and take course like the ones we offer, or seek other people to learn from. But keep learning.
Surround yourself with positivity
Surround yourself with people who support, encourage, and empower you. Seek out positive relationships that bring out the best in you and avoid toxic relationships that drain your energy and self-worth. Also, be mindful of the media you consume, and try to limit exposure to negative and harmful content.
Set boundaries and Learn to Say No
Learning to set boundaries is an essential part of self-care and self-respect. Saying no to things or people that do not align with your values or serve your well-being is a way to prioritize yourself and your needs. Setting boundaries helps you create space for the things that matter most to you and protect your time, energy, and emotions
Celebrate your accomplishments
Acknowledge and celebrate your accomplishments, no matter how small or big. Celebrating your achievements helps you recognize your worth and boosts your confidence. Keep a journal of your accomplishments and refer to it when you need a confidence boost.
Invest in yourself
Invest time, energy, and resources in personal growth, learning, and self-improvement. Read books, take courses, attend workshops, and seek out mentorship opportunities that align with your goals and aspirations. Pursuing your passions and interests can also contribute to a sense of purpose and fulfillment. See “Investing also means investing in yourself” and “The best investment during times of inflation… is YOU.”
Seek professional support
If you struggle with negative self-talk, low self-esteem, or other mental health concerns, seeking professional support can be a valuable step in embracing an "I am worth it" mentality. Therapy, counseling, or coaching can provide you with tools, strategies, and support to help you navigate these challenges and build a positive self-image. See “The Fearless Girl.”
Surround yourself with role models
Surrounding yourself with inspiring women who embody the qualities you admire can be a source of inspiration and motivation. Seek out women who are confident, assertive, and compassionate and observe how they interact with others and approach challenges. You can also seek out female mentors who can provide guidance, support, and encouragement as you navigate your personal and professional journey. You will also get to know the issues that you have to deal with. See “Women have unique financial issues versus men.”
Be assertive
Being assertive means speaking up for yourself and communicating your needs, desires, and boundaries clearly and effectively. It is an important aspect of self-care and self-respect, and it helps you avoid being taken advantage of or ignored. Practice assertiveness in small ways and gradually build up your confidence and skills. See “Taking a seat at the investing table… leads to financial independence” and “I AM AN INVESTOR. Make it your mantra.”
Celebrate other women
Sometimes women are other women’s worst nightmare and you know what I mean. Celebrating the achievements and accomplishments of other women is a way to acknowledge and affirm your own worth. When you celebrate the successes of others, you recognize the value and potential of all women, including yourself. Seek out opportunities to support, encourage, and empower other women, and engage in conversations that challenge gender stereotypes and promote equality
Remember, embracing an “I am worth it” mindset is a journey, not a destination. Be patient, persistent, and kind to yourself, and seek support from others if needed. Surround yourself with positivity, and invest in your growth and well-being, and you will find that your self-worth and confidence will grow over time.
“A woman who cannot honor her own feelings will not find them honored by anyone else.”
– Marianne Williamson
“You need not apologize for being brilliant, talented, gorgeous, rich, or smart.”
– Marianne Williamson
Key: Cultivate an “I AM WORTH IT” Mindset
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Nothing in this email is intended to serve as financial or investment advice and you should do your own research and consult with appropriate advisors.