Why Making More Money Won’t Solve Your Financial Problems

AS I WAS CLIMBING OUT OF DEBT...I BEGAN SHARING MY JOURNEY WITH OTHER WOMEN…


… and I realized that we all held the same insecurities, beliefs and relationship patterns with money.

I had the pleasure of discussing my own financial journey with Rob Carrick, personal finance columnist for The Globe & Mail. 

Not having discussions about money around the dinner table led me to a lifestyle of earning money, overspending and racking up debt. I wanted to help women with their own finances because I really have lived their journey and as a result, I understand how financial independence can change a woman’s life. 

Here’s a sneak peek of some of the other topics we discussed:

Q: Let’s say you’re sizing up a new client - what are the top two or three pieces of information you use to form an impression of someone as a money manager?

A: I want to know their money story. 

Q: You talk on your website about thinking in your younger years that making more money would solve your financial problems. I feel like a lot of young adults today have the same idea in talking about side hustles and high-risk investing. What’s your advice to those who think all will be well if they have more money?

A: If you can’t manage a little, you won’t be able to manage a lot.

Q: What are the common themes among your clients who in the past tried and failed to get their finances under control?

A: Lack of financial education and accountability.

Click here to read the entire article.

 


MONEYVanessa Bowen1 Comment