AN INTERGENERATIONAL MOTHER/DAUGHTER CONVERSATION

Season 2

EPISODE 10:

“Vibrant Living” Series

(Money Special- Part 1 of 2)

DOLLARS & SENSE: THE TRUTH ABOUT WOMEN & MONEY

(54:35)

August 18, 2021

DESCRIPTION:

Women’s attitudes about and success with money is something that has been researched extensively over the past several decades. Yet, women’s beliefs are often not in alignment with the facts. This is concerning because our money attitudes have a huge impact on not only how we manage money, but they also influence how we make financial decisions. Join this encouraging conversation as our guest, Victoria Sexton, dispels some common erroneous perceptions about women and money. Leave empowered by the truth. Then, share the episode with a friend!

A SIP OF “THE TEA”

(Victoria on the nature of money.)

EPISODE SUMMARY:

In the United States, women earn less than men in almost all occupations. Female-dominated jobs such as childcare, education and nursing are among the lowest-paid in the country. Women who work in male-dominated fields often have to contend with a wider wage gap than men. Despite earning less, on average, studies show that women tend to be more successful at saving money than their male counterparts. As a result, they are more likely to retire with higher savings in their later years.

Despite demonstrating fiscal savvy in practice. women’s attitudes about money are not in alignment with the facts, and there are stark attitudinal differences between the sexes. Women are more likely to feel that they need permission, and men are more likely to feel that they are entitled. Yet, when it comes to the dollar-sign reality, women have a higher net worth than men do.

So, why do many women feel dis-empowered around the topic of money?  Money can be an overwhelming topic for women. It is linked to survival and worrying about it can evoke feelings of shame, vulnerability or, worse, fear. It’s complicated. History reveals that throughout time money has been intertwined with gender norms and cultural expectations, often dictating women’s behaviors, status and, sometimes, their survival.

However, today, women play an undeniably important role in society and the global economy. One third of all CEOs are women, over 90% of all purchasing decisions are made by them, and they control $20 trillion in spending power. Regardless of these statistics, there remains a gender gap in finances and attitudes that is begging to be addressed.

In today’s episode, we welcome financial coach Victoria Sexton to the “tea” table to bring awareness to this issue with the intention of inspiring and empowering the current and subsequent generations of women.

IN TODAY’S CONVERSATION WE DISCUSS:

  • The truth about women and money
  • Why our fears about money decisions are unfounded
  • How to tell if you’re making a good money decision
  • How our money mindset may affect our decisions and our financial outcomes
  • Why we shouldn’t be intimidated by masculine money lingo
  • How early (and ways) we should be talking to our children about money

…And, much more!

Enjoy the “Tea”,

Deb (& Nia)

p.s. Need some incentive? Check out our episode on money and aging.   “Crucial Conversations: Money and Aging”

“Give a woman a dollar, and she can put it to good use. Teach her about how money really works, and she can change the world.”  -Linda Davis Taylor, CEO and Chairman of Clifford Swan Investment Counselors

Resources & Links:
SHOW MENTIONS, RECOMMENDATIONS & HELPS:
  • Check out the Wall Street Journal & Market Watch Apps to familiarize yourself with financial happenings and lingo
  • Find a financial mentor
  • Read the book “Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money that the Poor and Middle Class Do Not!”- Robert Kiyosaki  (Available on Amazon)
  • Read “Overcoming Underearning: Overcome Your Money Fears and Earn What You Deserve”  (Available on Amazon)

VICTORIA’S CONTACT INFO:
Looking to change your money story? Victoria offers a number of ways that may support you on your journey towards money confidence.
BOOK A STRATEGY SESSION: https://victoriasexton.com/strategy/ 
CHECK OUT THE PODCAST: The Don’t Play With Trash  is the podcast for people who are ready to let go of all of the junk in their lives so they can make room for more joy, prosperity and abundance. Your host, Victoria Sexton, shares with you how she got fed up and decided to stop dealing with the junk in her life to make room for more joy, prosperity, abundance, genuine friends, and more.
Listen Now: https://podcasts.apple.com/us/podcast/dont-play-with-trash/id1502174066
Visit the Don’t Play With Trash website. https://dontplaywithtrash.com/
GET SOCIAL:
LinkedIn    https://www.linkedin.com/in/victoriarsexton/
Facebook    https://www.facebook.com/VictoriaFinancialCoach
Instagram  https://www.instagram.com/victoriafinancialcoach/

SPECIAL OFFER:
Get this helpful FREE EBOOK Now!
6 Ways To Simplify Your Money, victoriasexton.com/easymoney

VICTORIA’S BOOK:

Effortless Money: How to Align Your Wealth With Your Woo
Why do we overcomplicate things, especially our money?
When we can stop stressing, obsessing, and double-checking our finances, we can free up our time, energy, and resources to do the things we really want to do!
Victoria Sexton has made a career out of helping women make their money effortless, so they can stop stressing and start enjoying their money.

ORDER YOUR COPY HERE!

MONEY MINDSET TOOLS:
Shop for financial tools designed with women in mind. From Abundance Affirmations for Badass Business Women affirmation cards to a Personalized Financial Organizer, you’ll find lots of items to help shift your money mindset!

    

Check out the other staples in Victoria’s “financial tool box” here.  https://victoriasexton.com/shop/

ARTICLES & VIDEOS:
VIDEO: Why should You Use A Financial Journal
VIDEO: When Was the Last Time You Had A Date With Your Money?
ARTICLE: Financial Independencehttps://victoriasexton.com/financialindependence/
ARTICLE: An Easy Tool To Help You Get In Touch With Your Inner Wealthy Woman. https://victoriasexton.com/vision/

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