On this episode, we talk with Helen Owens about practical financial habits and how women can take charge of their finances. Helen opens up about how she learned a lot about finances and money management from her mother. Her number one rule of thumb: “If you have 10 dollars, you can only spend 9 of them.”
Tips from Helen to start your journey on taking control of money:
- If you are in a relationship, make sure you are on equal footing
- Get out of debt
- Don’t compare yourself to others… It’s an allotment!
- Don’t be afraid to claim your situation
Although for some, this topic is taboo and scary, budgeting is powerful! We all like to be in control and have order in our lives, so budgeting and planning for the future allows us to live free in our choices knowing that they are planned for. Having control of your money is all about education, so starting the education young by integrating financial lessons in your children’s lives will give them power later on. Helen discusses how to help keep your child from becoming “a rotten tomato” and to take responsibility. Learn what is in Helen’s “toolbox” to help plan for different stages in life and how to start using “smart words”!
Stay tuned until the end to hear what most women need to remember about their finances!
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