Money Makeovers For Women

Today, the vast majority of women in North America believe they are unable to stand solidly on their own two feet when it comes to their financial lives. They might already be successful businesswomen in their own right, maybe even millionaires, yet many tell me that if their husband died or left, they don’t know what they would do regarding their finances. They don’t believe they can understand the financial world, especially the investing part of that world.

· A woman tells me she has turned her money over to someone else (usually a man) to invest and it has lost half its value and she just figures that’s the way it is.

· Another woman makes plenty of money but never pays her bills on time, never believes there will be enough and lives by the hard work model. She gives her children whatever they want but she doesn't take care of herself by paying bills on time, she doesn't know where her money is going, and she doesn't spend consciously.

· Another woman in business knows she must do something about her 401K so she finally meets with an advisor her boyfriend recommends. She turns her money over to him, walks away and hopes for the best.

· Another woman had always done her own finances and investing and had done very well. She got re-married later in life to a man who wanted to take care of everything financial, possibly not believing she knew how. He promptly lost everything they had. They are both in precarious health and are now facing aging with no financial resources. This was a woman who had been successful yet still turned everything over to someone else.

These are all very bright and successful women. I wanted to find out why - continued below ...