Top 7 Money Questions Women Ask and Why They Have Trouble Finding the Answers

by Liz Carroll, Financial Life Coach

After years of coaching, I have identified seven primary questions women have about money. Feeling calm confidence in making the money decisions required to answer those questions is how women build wealth ---impactful, legacy wealth. However, it requires a decision making method that accounts for both math and mindset.

I coach women that feel alone in their financial decisions. Maybe they are divorced or widowed, never married or feel the weight of financial decisions on their shoulder in their committed relationship. Regardless, they are the primary breadwinner of their household and want to build wealth by making responsible and wise financial decisions.

Because women haven’t been educated about managing money historically, money can feel overwhelming and when we feel overwhelmed, we avoid addressing the issue or researching answers to our money questions. In...

Mastering Your Financial Future: Crafting Your Unique Plan for Success

Welcome to a transformative journey towards financial empowerment! As your dedicated financial life coach for women, I am thrilled to guide you through the process of creating a personalized Financial Freedom & Relief Plan that will set you on a calm and confident path to achieving your dreams and financial goals.

Today, we delve into the power of planning and how it can shape your financial future. It’s important to break down your plan into manageable chunks: monthly, one-year, and five-year goals. This structured approach allows you to visualize your progress and stay focused on your objectives.

Let's start by understanding the 9 core elements (all start with the letter P!) of your unique Financial Freedom & Relief Plan:

1. People, Process, Perspective: Your journey begins with recognizing the individuals involved in your financial life, organizing your systems and strategies, and adopting a...

The Art of Mindful Money Management: Cultivating Presence with Your Money

In our fast-paced world, it's easy to get caught up in the hustle and bustle of daily life, often overlooking one crucial aspect — our relationship with money. In a recent class I taught about the importance of being mindful and present with your finances we explored, shedding light on the transformative power of incorporating mindfulness into our money management practices. Debt often keeps us stuck in the past, paying for decisions we made months or years prior. Financial worry often comes from feeling uncertain about the future. A financial plan can provide you directional guidance. There is relief when you have a plan even if that plan needs a few adjustments along the way. Clearing debt and creating a financial plan allows us to be fully present with our money.

Understanding Mindful Money Management

Mindful money management goes beyond budgeting and saving; it's about developing a conscious and...