Ladies, it is time for us to talk about the word ‘M’. This ‘M’ stands for one thing – money.
Money can change your life drastically. However, in the past, many women have avoided the conversation because they feared annoying male colleagues. When you look at the average composition of a corporate boardroom, it becomes clear why. It’s a deeply ingrained concept based on sexist principles. Women should be house builders; Men go out to bring the food back to the table. Despite advances and changed attitudes, it is a concept that persists in certain corners of the world.
It’s also a concept that is out of time. There is a clear modern narrative that ignores outdated patriarchal guidelines. The tide has turned, as has been proven multiple times by successful female leaders in all aspects of business, entertainment and spirituality.
One woman who advocates these latter-day principles is Reese Witherspoon, now a world-class actress, producer, and entrepreneur who lived on both sides of the fence. With a net worth today of more than $ 200 million, Witherspoon started out as a child actor in an industry where men were still firmly in control.
Actress Reese Witherspoon attends the Hollywood Reporter’s annual Women in Entertainment Breakfast … [+]
AFP via Getty Images
Today Witherspoon cemented her status as one of the highest paid actresses in the world. She has used her fame and influence to become an advocate for children’s and women’s rights on an international stage she once knew only as the cute female supporting actress in The Man on the Moon and Elle Woods in Legal Blonde. Still, the fight continues to have women in their industry get paid the same as their male stars. The papers are full of it. There has to be parity.
Witherspoon continues to fight the good fight. She is the spokesperson for the Avon Foundation, a charity that empowers women, supports breast cancer research, and works to prevent domestic violence. As she says, “I am a woman and a mother and I care deeply about the well-being of other women and children around the world. Over the years I’ve always looked for ways to make a difference. “
She made that difference. “Sometimes,” she says, “women are expected to give more and do more and do more for others in the same position that a male movie star may not be expected to do.” Sure enough, the world in general has to change. It’s time to face the facts: women need to talk about money and not be ashamed. “
This is the advice of a selection of empowered women who follow their feelings.
Invest in yourself
Jodi Vetterl is the managing director and founder of Beyond the Banks Academy. She is an active real estate investor with a keen eye and due diligence for safe and profitable investments. She believes that women should invest in themselves and their financial literacy in order to be successful in the long run.
“Financial literacy can be daunting. There are a million ways to make a million dollars, but where do you start as a woman in business? Can financial advisors be trusted or are they quota and commission based? We can take control of our financial future and the best place to start is to educate ourselves. “
Vetterl continues: “First, conduct a review of the financial reality of your current situation to find out exactly where your money is and what bad debt losses you are struggling with. It’s universal. Second, find out what your financial goals are and break them down into monthly goals. Third, you should look for areas where you create wealth – whether it’s real estate, crypto, gold, or the stock market. Then determine what your bandwidth is for the time being. Some of these require a great deal of time, energy, discipline, and emotional constraints, while others can provide passive income with very little stress. ”
These are values she shares with everyone, including her female customers. “Here are my three top money rules for women – and for enlightened men: only invest when you understand the investment, make sure you can sleep at night, and determine your exit strategy. In other words, what needs to be done with this investment in order for me to repay my principal plus the promised or desired interest? If you follow these rules correctly, you can not only preserve your wealth but also invest it wisely. You can then use earned interest to build more wealth, pay off debts, invest in education, travel, and have fun. And live the best version of you “
Step into your sovereignty
Leah Steele is the executive director and founder of The Leah Steele Brand and hostess of The Wealth Witch Podcast. Her wealth restructuring work deconstructs awareness of financial slavery and paves the way to a new global paradigm of wealth: one where financial freedom is a reality for women.
She shares: “Women are the most powerful creators in the collective. We have the ability to have everything we want and live rich lives, but that doesn’t serve the global financial agenda. As a result, we have been programmed and conditioned to play small and stay in our place. That all changes when we enter a new, more feminine age of humanity: the Age of Aquarius. “
She continues, “It is time for women to exercise and accept their divine birthright in order to be rich in all areas of their lives. But you don’t have to look outside to know how to do it. Many wealth strategists and money coaches advise women to speak to a financial advisor, and my advice is just the opposite. Financial advisors and people in traditional financial systems and structures are a big part of the problem.
“They are motivated to bind us to the old paradigm. A paradigm that no longer serves us. Women are powerfully creative, intuitive beings. We are natural problem solvers and have a deep internal knowledge of how stability and security can be created. We have to use this knowledge and step into our sovereignty. We already have all the answers within us; It is time to come forward and come forward and talk about money and own our innate gifts. The time to play small and be ashamed is over. “
Change your perspective
Kim Constable, CEO of The molded veganbelieves that the best way to change your relationship with money as a woman is to change your perspective.
A mother of four at school, Constable became a successful bikini competitive athlete at the age of 37 and a multi-millionaire CEO just a year later. Your story shows that even when the odds are stacked against you, the right mindset and attitude towards life as a woman can position you for success.
She shares: “With money we create value in the world. Every time we make a purchase, we vote with our dollars. We actually vote for what we want to see in the world. If I like an ice cream parlor in my neighborhood and go there and buy ice cream for my kids, I am voting to keep that person in business. The more money we have, the more value we can build. My goal has always been to make as much money as possible. I want to be fantastically rich, and after making over $ 8 million in three years, I’m on my way. “
Constable continues, “Why do I want to make millions of dollars as a woman? Because I’m a good person and I use my money to do good and create value. The more money I have, the more I can do. Women should be proud of what they are worth and not be afraid to talk about money.
“When you are clear about your values and know your own worth and what you are bringing to the world, money is easy to talk about. Because money is just an expression of your values. Just as alcohol highlights a person’s true nature, money also brings out a person’s true nature. The more money I have, the more people I help and the better the world becomes. Once you realize this, talking about money is easy! All that is needed is a simple change of perspective. “
Earn without fear
These successful women entrepreneurs all agree that the word “m” is not something to be ashamed of. Society has put decades of effort into convincing women, but getting out of programming and fixing your relationship with money can both be fulfilled and empowered.
As Witherspoon says, “I encourage women to get involved. Don’t wait for someone to ask you. “” Women deserve to be braver, more assertive, and deserve without fear of judgment. As soon as women initiate these conversations again – and shamelessly, however uncomfortable they may be – society will really change. “