Do you have the right money habits to explode your business?
Or, are you still trying to figure out and get comfortable with the MONEY PIECE?
No worries. You are not alone. This is why I’m extending this invitation to you to upscale your money mastery and help you grow your business in new ways. If your accounts are all over the place and you are looking for more clarity about how to manage the money in your business, this is for you.
In this Interview Series, you will get expert, practical answers to crucial questions like:
Am I making costly mistakes in my business that I don't even realize?
How do I improve my money skills to take my business to the next level?
How do I make my money work for me, in my business and in my personal life?
I created a research project in the form of an Expert Video Interview Series just for you! This MONEY MASTERY Interview Series is for successful female entrepreneurs who want to take control of their finances inside their business AND in their personal lives.
For me, money is personal.
When I was growing up, my Mom needed to leave my Dad, and he froze her out of the bank accounts. While my family struggled to get back on our feet, this experience instilled in me the importance of financial independence. I knew I didn't want that to happen to me…or anyone in my community.
I asked more than 20 women to talk about MONEY and to share what they wished they had learned earlier and money habits they practice today.
This Expert Interview Series highlights more than 20 thriving FEMALE ENTREPRENEURS who are building 7-figure businesses as well as ACTIONABLE IDEAS for you to implement in your business TODAY.
The Series goes live on June 11. It is a special opportunity to hear women – just like you — share MONEY LESSONS they wished they had learned earlier in their careers….as well as MONEY HABITS they practice every day to scale their businesses.
Are money issues holding you back from scaling your business? Sign up to learn from more than 20 female thought leaders about money habits to EXPLODE your business.
Abby Wambach was part of the legendary women’s US soccer team, winner of 2 World Cups, most recently in 2015. She’s won three gold medals and is the team’s all-time highest goal scorer. She’s the definition of a legendary player.
I encourage women to claim their financial power and Abby Wambach shares in her speech how she didn’t claim her financial power. She gives us some amazing lessons to learn.
This topic gets me super fired up, so much so that I actually wrote an article when the US women’s soccer team sued the US Soccer Federation for equal pay.
In Abby’s speech, she shares how she was selected for an ESPY award. Along with Kobe Bryant of the Lakers and Peyton Manning of the Super Bowl champion Denver Broncos, Wambach was nominated for the icon award. She shares that she was so grateful to be sharing the stage with these legends and household names.
But when she walked off the stage, later that night, she realized one of the key differences between her and the other two athletes.
She noticed that while Kobe Bryant and Peyton Manning were set for life, she still had to work.
While they earned more money in their respective sports, they took advantage of corporate sponsorships, business opportunities and invested their money through their career.
Abby shares how she was just grateful to be on the team. She was grateful that the teams she was on was continued to win, and that she was excelling in her field. She was less focused on how much money she was making and how to make her money work for her.
In short, she was not claiming her financial power.
And as a retired soccer player, she has to continue to work. She’s not going to be able to just ride into the sunset and be able to coach without thinking about how much money she’s going to make. And that’s one of the key differences that I love that she talks about. She acknowledges the pay difference. She acknowledges the amount of money that she didn’t think about, that she didn’t focus on, that so often women do. She was doing something that she loved, and that was all that mattered at the time.
And while it is important to acknowledge that professional basketball and football players have higher salaries than those of soccer, Kobe Bryant and Peyton Manning also leveraged sports sponsorships to make themselves a fortune. And what Abby says is, she was less focused on that. This is why I think it is so important to focus more on the conversation about money with women.
Another key point that Abby brings up is that women are often taught to be grateful. We’re told to be like “Little Red Riding Hood” – to keep our head down, to stay on the path and to get our job done. She retells the story of how when little Red Riding hood stepped off the path she encountered the wolf, who terrified her and forced her to return to the path.
She says now is the time for us women to be wolves.
This spoke to me, especially since my high school mascot is the wolf pack, so near and dear to my heart. Ladies, we need to be the wolves! And really what means is – we need to ask. But we need to understand the game to ask. That’s why I’m here to share what I learned about the game, working in finance for 15 years and navigating business scenarios.
She powerfully states in her speech, “Give me the f’in ball. Give me f’in job. Give me the same pay that the guy next to me gets. Give me the promotion. Give me the microphone. Give me the Oval Office. Give me the respect I've earned”.
Abby, thank you for sharing your wisdom with us. For being an icon. You have the platform to share these important lessons for women and I’m here to share this with my audience.
I’m here to continue to bring up the conversation about money – how much you’re earning, how you can get the next promotion, how you can invest your money to make your money work for you. That is how you build wealth and create wealth in your own life.
Ladies, financial power equals power.
Men know this, and us women are catching on.
I want financial power to be a combination of feminine and masculine qualities. We need more women to bring those feminine aspects to the conversation about money.
Ladies, stand with me in this. We need to be the wolves. We need to continue to ask for and stand for ourselves. By standing together, we are united and stronger.
Yesterday I was on a call with a client who was fighting back tears. She couldn't believe that since Jan. she had increased her credit card spending by $6,000!
Back in January, when we had our review, she had opened a 0% credit card to transfer her existing credit card debt of $15,000. She saved hundreds of dollars on fees. We then created a plan for her to get out of debt by the end of this year. She was embarrassed to share her overspending and felt shame.
Have you ever felt embarrassed and shame about your spending? Are there times when you want to bury your head in the sand, rather than truly assess your money situation? Do you lack confidence in the way you’re managing money?
Well ladies, life can happen and we can overspend. We may mess up our budgets. We may add to our debt. We may delay our financial plan. As much as we want to hide, we need to TAKE ACTION when a situation like this arises. Sometimes we need support. I am so glad my client faced her shame and reached out to me.
We talked about where the money was going – expensive dinners, weekend getaways, and daily Lyft rides to work instead of the bus. She realized that she was not focused on her priority – getting out of debt. More importantly, she was reminded of her #1 financial goal of saving for a downpayment for her very own condo.
Are you overspending? Are you ignoring your financial situation and burying your head?
Then, let's talk.
I am offering complimentary 15-min call so you can TAKE ACTION. You may not think 15 mins can make a difference. How does a clear action step and clarity on your #1 financial goal sound?
Click my calendar link to get started with a phone call to get you into action
Have you paused and asked yourself: How does MONEY make me feel?
Does thinking about finances stir feelings of struggle or regret? Or shame that you’re not earning what you want to?
Do you feel anxious because you don’t know what you think you should know — or even who to ask your most pressing questions?
Or does money make you feel confident and free… empowered to live your life more fully… in alignment with your values, goals, and purpose?
Most women fall into one of two categories:
You have the money you want and want to learn how to do more with your money…or
You don’t have the money you want and you want to learnhow to find your financial power
Either way, you can can transform your relationship with money — AND your financial situation — by changing your attitudes, energy, and behaviors around “wealth.” Along the way, you’ll also need to acquire vital tools for generating wealth, stewarding your resources, planning your giving, launching your business or charity, and more.
That’s why I’m SO excited and truly honored to be participating in The Shift Network’s first-ever Women’s Money Summit — May 22-24, 2018 — where you’ll discover powerful women who are on fire with possibility and purpose… women who will guide you with our hard-earned wisdom, and who will support your personal journey to find your FINANCIAL POWER!
I’m honored to be among 16 experts featured at the Women's Money Summit — including Lynne Twist, Vicki Robin, Dr. Cozette White, Dame DC Cordova, Kate Levinson, Hazel Henderson, Patricia Stallworth, Carol Look and many others — bringing you deep wisdom and practical tools for transforming your financial life forever.
During this groundbreaking 3-day event, you’ll discover how to:
Move out of your fear of scarcity around money and embrace the attitude that what you have is sufficient & sustainable
Use your finances to help you manifest your life purpose into reality
Realize financial freedom by overcoming issues that are preventing you from growing in abundance
Become more discerning about where you choose to focus your consumption
Simple practices to shift your experience around your possessions, so they serve you rather than run you
Understand and conquer your fear of success… so you can stop procrastinating & start shining!
Weave a commitment to generosity into your personal finance or business plan
Join the Women's Money Summit to learn from an incredible lineup of compassionate leaders — women who are illuminating the path for you as you heal money wounds, thrive abundantly, and manifest your highest potential!
I have to admit, I have been hiding behind an Achiever Identity.
Excelling in every area of my life…well, the pursuit of it…and honestly, it has been exhausting!
It was running me…I didn't even realize it until I took this Leadership program I am finishing next week.
I have been less consistent over the last couple of months as this Leadership program has challenged me. It has challenged my views. It has challenged my way of being.
Importantly, it has expanded my vision. It has made me reflect on HOW I want to show up with YOU. Now I'm more clear…
Instead of Kelly the Achiever, I am Kelly – in my heart – standing for YOU and what is important in your life. Standing for YOU to take control of your finances so YOU can get to the next level in YOUR life.
It's time to overcome your fear of finances.
Each week I interact with women who share stories about how they unwittingly give their financial power away…at home, at work, with their family, at the mechanic, at the car dealership…
I am a stand for you.
Each week I also hear from women who are taking control of their finances, making important financial decisions, asking for more money and learning to make their money work for them.
I am a stand for you.
I want to share that I am here for each of YOU as a stand for you. To help you overcome your fear of finances.To CLAIM YOUR FINANCIAL POWER…however it looks for YOU. Whether your finances are all over the place, somewhat organized, messy, stable, growing – wherever you are.
My goal is to provide valuable resources for you to claim your financial power in various areas of your life. I offer training at different levels to match women where you are….and where you want to go.
Let’s have fun, face our fears and transform our finances together!
Who wants to become a Personal Finance Warrior? Leave a comment below if you are on the path of a Personal Finance Warrior and if you have been hiding behind an identity that has been holding you back.
In the spirit of relationships, and a request from a newly engaged woman, I created a list of the Top 5 Money Books for Couples. It is crucial to continuously educate yourself with resources specifically geared toward personal finance for women in relationships.
Tips and Books About Personal Finance for Women in Relationships
Are you getting more serious in your relationship? Are you planning to move in together? Are you ready to get engaged? Then this list is for you!
For those who are married, these books may be valuable resources so you can discuss more intimate aspects of money at your monthly FINANCE DATE NIGHT!
1. Be Vulnerable When Discussing Finances Together
Get Financially Naked: How to Talk about Money with Your Honey
by Manisha Thakor & Sharon Kedar
Remember Manisha? She was the kickoff speaker for my Online Summit last year!
This book includes key money topics for couples to discuss.
2. Seek Sound Money Advice For Discussing Finances
Money Talks: The Ultimate Couple's Guide to Communicating About Money
by Talat & Tai McNeely
This power couple has put together a guide for couples to have better communication skills when it comes to money. They also host a popular podcast: His & Her Money.
3. Get On the Same Page by Speaking the Same Money Language
Five Money Personalities: Speaking the Same Love and Money Language
by Scott & Bethany Palmer
I can't wait to read this one! Have you read about the Five Love Languages? Well, it's not enough to speak the same love language – a successful power couple will also benefit from speaking the same money language! Scott ran a marathon, which he thought was unthinkable! Bethany is thriving after stage 3 cancer!
4. Have a Financial Plan With Actionable Steps
Smart Couples Finish Rich: 9 Steps to Creating a Rich Future for You and Your Partner
by David Bach
This is a classic book with plenty of gold nuggets on financial planning. It is critical to approach money with the right mindset, and that is just as true for couples. David also recommends having a Money Date Night!
5. Stay Educated and Communicative About Money
Couples Money: What Every Couple Should Know About Money & Relationships
by Marlow & Chris Felton
This book covers emotions and intimacy with money. This is especially valuable for couples to have deeper conversations about money.
Let's have fun, face our fears and transform our finances together!
I'd love to hear what you think of these resources. Leave a comment below! If you have any other favorite books for couples, please send my way!
Please share this list with your friends who are getting more serious about their romantic relationships, friends who are engaged, and friends who are already married! This list may be just what they are looking for to discuss financial planning in their relationship!
It is Valentine's Week and February is a month to celebrate love! Perhaps you have a date to acknowledge the holiday and celebrate your relationship. Do you and your spouse have a Finance Date Night to celebrate money?
Money is the leading cause of fights with couples and the leading cause of divorce. Here is a valuable monthly structure that will help you communicate with your spouse about money.
Personal Finance for Women in Relationships
A Finance Date Night, perhaps not on Valentine's Day, is a valuable structure for couples to discuss money. A Finance Date Night involves a review of credit cards, retirement accounts, investment accounts, spending and financial goals. It is not just about budgeting and spending, and naturally those issues will come up. It fosters a broader conversation about financial planning. Have you both shared your values about money? Are you both aware of your spending habits? Do you keep secrets? Can you talk about money in an open way?
Warrior Rules Learned from Personal Finance Workshops
On my Top 10 Warrior Rules, Rule #5 is Talk about Money. A Finance Date Night incorporates several of my Top 10 Warrior Rules which is why the monthly event is such a valuable structure for communicating about money.
Rule #1: Money Management: Each Person Takes Personal Responsibility Rule #3: Financial Goals: Identify Goals & Steps to Achieve Them Rule #5: Empowerment: Talk about Money Rule #9: Financial Decisions: Know Where All the Household Accounts Are
Get Prepared and Come Together to Discuss Finances
A helpful resource to support the Finance Date Night is www.Mint.com. The website aggregates your various accounts ranging from bank accounts, credit cards, loans, mortgage and investment accounts. In one place, you have a snapshot of your financial picture. Isn't that so helpful? People love it! Plus, both of you can add your accounts so the two of you can review your accounts altogether in one place. Mint also includes customized budgeting and tracking tools for your goals. For the security-minded, Mint is owned by the parent company of behemoth QuickBooks, so security is a priority for the company. Another helpful website is Personal Capital, which aggregates your accounts and provides investment-level details of your investment accounts for those who love details.
Here's to a Bright Financial Future in Your Relationship
Once the Finance Date Night structure is in place on a monthly basis, you can expand the money conversation to also include questions that may improve your relationship. What is one thing I can do this month to make you happier?
Carolina Zuleta, a life coach (CarolinaZuleta.com), says: “It changed the way I talk about money with my husband.” She has been using this monthly structure for the last two years. Carolina and Andrew have navigated wedding planning and the birth of a new child as their financial planning needs have changed. (Carolina's video will air here on Thurs.)
Elyssa Rae, a graduate of my How to Manage Your Money & Invest Without Fear 8-week online course, shared in a Facebook video this week how she felt more confident and empowered discussing money with her boyfriend after taking the course. She admitted that the course helped her to feel equal with her boyfriend who works in finance and earns significantly more money. They watched the videos together and were able to have meaningful conversations about money that were not possible before she took the course. They now hold Finance Date Nights to talk about money on a consistent basis!
Let's have fun, face our fears and transform our finances together!
Don't forget to schedule your Finance Date Night for February! I'd love to hear what you think of these ideas. What do you do to discuss finances in your relationship? Leave a comment below!
Please share with your friends who are in serious relationships! This may be just the thing they need to help change the __ around financial planning in their relationship.
I have several Facebook videos with helpful tips for couples to discuss money. Are you a member of my private Personal Finance Warrior Community? Click here to join.
End-of-year financial planning is one of my FAVORITE times of the year! Is it yours too?! I conduct research and think about the different ways I can make changes and improve my portfolio for 2018. I want to share these ideas with you!
Are you looking for ideas for your investment portfolio for 2018? I've put together a list of investment ideas for women to help Personal Finance Warriors who want to invest!