Episode 80: Women have power to create their financial futures - featuring Vicky Lowell, financial coach and founder of Empowered Worth
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Do you feel in control of your finances? Do you feel like you have the power to create your financial future? The future IS female. Vicky Lowell and her company,...
mostra másThe future IS female. Vicky Lowell and her company, Empowered Worth, is changing the narrative that finance is easier for men than it is for women. Vicky is a leading financial advocate and coach, international bestselling author and the founder of Empowered Worth, a financial-education platform that empowers women to become active participants in their own financial future and well-being.
Women have the power to create their financial futures. And this is about so much more than looking at your bank accounts or having financial literacy. It is about having confidence in yourself. It is about communicating with your spouse about your financial situation and your financial goals and priorities. It’s about taking the initiative to get educated and take action.
Take-aways:
-Unfortunately, there is a systemic misogyny when it comes to finances
-There’s a high likelihood that you as a woman will need to be solely in charge of your finances at some point in your life
-A huge component of taking control of your finances is communication. Communicate with your partner and/or children, if applicable, about your financial situation
-We need to talk about finances within the female community - we need to talk about money with each other, empower each other - women empower women
-If you want control of your finances, you need to have a basic understanding of personal finances. Take a class on the Empowered Worth online platform or in your local community
-The “Mommy Penalty Box”: the idea that women get punished for staying home and/or leaving the workforce
-SAVING money is key. The more you can save early, the better you will set yourself up for the future
-Find your side-hustle!
-”The Gray Divorce”: when you divorce after the age of 50
-Celebrate your whole womanhood by being authentic and celebrating your real self
Resources mentioned:
-Fast Company article “How parents talk about money differently to their sons and daughters”
-Empowered Worth free financial education platform: https://empoweredworth.com/
-Listen to Vicky’s podcast “Empowered Worth”: https://empoweredworth.com/podcast-2/
-Rachel Cruze’s “Know Yourself Money Assessment” for couples: https://www.ramseysolutions.com/store/digital-products/know-yourself-money-assessment
Tag me (@nfppharmacist) and Vicky (@vickylowell) on Instagram and let us know YOUR take-aways!
What did you think? I want to hear from you!
Email me: emily@nfppharmacist.com
Instagram: @nfppharmacist
Facebook: NFP Pharmacist
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Autor | Emily Kirkwold |
Organización | Emily Kirkwold |
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