Women & Power

I Know What To Do!  So Why Don’t I Do It????

Could this be you? You’ve read a ton about investing, attended classes. You understand stocks, bonds, and the value of diversification. You own a few funds in your retirement account.

Still, you continue to ignore or neglect your money, even though you know better.  Why?

Blame it on traditional financial education…where the emphasis is on filling your head with facts rather than fostering your courage to change.

Raise your hand if you’ve ever been given the tools to boost Self Efficacy, the most powerful predictor of financial well-being. (I didn’t think so.)

Self-Efficacy—a concept developed by the Stanford psychologist Albert Bandera—is a person’s belief in their ability to succeed in a given task or goal.

If you don’t believe you can invest wisely without screwing up irreparably, you likely won’t even try. Or, if you do try, you’ll stop at the first stumbling block. Even worse, you’ll unconsciously make bad choices that reaffirm your limiting belief.

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Living As If You Matter 

I once saw a poster that made a lasting impression. On it was written: Will it matter that I was?

Those words struck me like lightning bolts. I realized, after 40 years on this planet, I had never felt like I mattered…which explained the seemingly inexplicable angst I’d experienced my entire life.

That’s when I made a decision. I vowed to do something ‘important’ so I’d finally feel like I mattered.  And off I went.

I wrote a book, then several others. I appeared on national TV.  I spoke to large audiences. But no matter how loud the applause, it never drowned out my sense of insignificance.

Overcoming the Beliefs that Limit Your $uccess

Dear Entrepreneur,

If success eludes you and profits are paltry, a new study sheds important light on your situation. Being a business owner myself, I found it quite illuminating.

All 357 female entrepreneurs surveyed knew what they needed to do to grow their business. Yet they “expressed doubt” about taking those steps due to their limiting beliefs.

Female entrepreneurs limit their business success because they hold beliefs that lead to small actions instead of big ones,” the study reported. Or they avoid acting altogether.

Bottom line:  The more limiting your beliefs, the lower your earnings.

NOTE: I believe the findings apply to all women, working or not. We all tend to struggle with limiting beliefs, don’t we?

Shifting from Financial Misery to Financial Miracles in 3 Steps

I spent much of my adult life in financial turmoil. Even as I learned more about money, I still felt out of control. Until…everything changed.

The answer didn’t come from a financial text, but a spiritual one: A Course in Miracles.

From the Course I learned that we have “two thought systems” or two distinct “voices” in our head:

  • The voice of Fear (the Ego).
  • And the voice of Love (the Soul).

The Soul and the Ego have conflicting agendas. Thus, they produce dramatically different results–either miracles or misery.

You cannot follow two masters,” the Course warns. “There is no compromise between the two.”

My financial life radically shifted as I began to recognize their differing agendas.

Wisdom from A Course in Miracles

It’s been said that you’re never given a wish without the power to make it come true.

But how many times have you wished for more success, more money, more love, more __________(fill in the blank), and nothing happened, no matter what you did?

That powerless feeling is one of life’s greatest frustrations. I know from experience.

Years ago, right after my divorce, my ex left the country, leaving me with no money in the bank and over a million dollars in tax bills. I knew nothing about finances. He handled everything.

The tax bills were looming and with 3 young daughters to support, I knew I needed to get smart…and fast. I was desperate.

I’m an intelligent woman—how hard could it be? But no matter how many books I read, classes I took, advisors I talked to, my eyes would glaze over, my brain would fog up and I’d feel hopelessly, incurably stupid.

The Only (True) Antidote for Fear

It’s hard not to freak out these days. Between political chaos, wars, and erratic markets how’s a girl supposed to stay positive and avoid panicking?

I’ve been asking myself that question a lot.  Then I found a way to quiet my anxiety. And I’m excited to share it with you.

It’s called Selective Attention. You focus on what inspires you and stop dwelling on what scares you.

Easier said than done, right?  Which is exactly what I thought…until I remembered the Receiving Journals I handed out years ago at my Sacred Success retreats.

Keeping a Receiving Journal serves the same purpose as tracking your spending.  But instead of increasing your awareness of money going out, a Receiving Journal forces you to face all the abundance flowing in.

A Spiritual Approach to Financial Angst

Recently this thought has become almost obsessive. It’s time to preach the gospel of the Metafiscal.

Metafiscal, a word I coined, blends financial knowledge with metaphysical principles, melding the spiritual with the practical in regard to money.

You don’t have to be religious to be Metafiscal. I’m certainly not.

But I do agree with Deepak Chopra who said, “We need a more spiritual approach to success and to affluence.” Especially in the midst of so much financial angst and upheaval.

It’s no accident that “In God We Trust” is emblazoned on our currency. God can be whatever you’re comfortable with—a personified deity, a Higher Power, your inner wisdom or an all-encompassing energy far greater than our earthly selves.

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Who Said Money Equals Power?

Money does not give you power. Power comes from the choices you make. That’s a very important distinction. Not all high earners are powerful women.

Successful women fall into two groups. The Successful High Earners and the Hard-driven High Earners.

Hard Driven High Earners are superwomen on steroids, classic workaholics, who’ll breakdown before they slow down. They are not powerful women. They live in deprivation…not necessarily of money, but time, joy, freedom, and control of their life.

A Heroine’s Journey: The Feminine Path to Financial Independence 

In my book, Prince Charming Isn’t Coming, I likened the process of financial independence to a Hero’s Journey.

However, as I have since discovered, Heroines follow a somewhat different path. But those differences are significant.

In traditional accounts, the male Hero, responding to “The Call” (something’s missing or was taken), sets out in search of treasure (the holy grail or helpless maiden). As he travels (outside his comfort zone), he battles dragons and experiences ordeals (his fears), ultimately finding the treasure (something outside of himself).

In this traditional telling, the man is the savior; the woman is the passive princess.

The Heroine’s Journey also begins with “The Call” (she’s unhappy or dissatisfied). Unfortunately, women too often respond by waiting to be saved.

Welcoming Your Warrior Archetype

There is inside each of us a long-buried treasure—a deep-seated source of strength, daring, and focus—otherwise known as the Warrior Archetype.

This Archetype is the psychological blueprint for leadership and courage, for fierce determination in the face of incessant obstacles.

I believe the Warrior Archetype provides the missing link in women’s evolution. The Warrior carries the hardwiring for our power.

Unfortunately, a lot of women shun this Archetype. They equate Warrior energy with cruelty, destruction and violence.

Meet Barbara Huson

When a devastating financial crisis rocked her world, Barbara Huson knew she had to get smart about money… and she did. Now, she wants to empower every women to take charge of their money and take charge of their lives! She’s doing just that with her best-selling books, life changing retreats and private financial coaching.

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