Updated: Jan 11, 2021
My dream for 2021 is to engage more women in their wealth (human capital as well as financial capital).
Welcome to my first blog post!! What a year! The stay-at-home world of 2020 has made for a challenging year for most of us. There's been a lot we've had to face that is out of our control. In times like this, I go back to ONE truth. Focus only on what you can control.
What is your dream for 2021?
“Because women play a critical social role, and when women are more engaged with what they want and become more financially aware, the world is a better place. ”
As you probably already know, stress enters our lives when we spend our day focused on changing things we have zero control over. Instead, focus on what you can control.
Having a dream is a better way to focus on what you can control...
You see, I spent 20 years as an investor and advisor working on Wall Street as a portfolio manager, an investment banker, and as a financial advisor. After achieving all of this, 5 years ago, life and money for some reason felt more confusing and more chaotic than ever. Why? Because I didn't know what I wanted and even if my dream was to start my own firm, I felt it was too risky for me to pursue.
“Why are we so scared of pursuing our dreams? Because we are scared of the risk."
As a woman in today’s complex world— whether you inherited money, earned it yourself, or got it in the divorce—at some point in your life, you will likely be solely responsible for making all of your financial decisions. It’s not just that women tend to have multifaceted financial lives; we also live longer, our careers tend to be more volatile, and we are more likely to care for children and aging parents. Statistics point to the necessity for women to develop financial prowess: At least half of marriages end in divorce, 80% of men die married while 80% of women die single, and women outlive their late husbands by 14 years. There is a 95% chance you will be the primary financial decision-maker for you and your family.
"If you don't design your own life plan, chances are you'll fall into someone else's plan - and guess what they have planned for you? Not much! - Jim Rohn
Check out my quick-start guide to dream, plan, and invest!