The 3 Biggest Problems Women have with Managing their Finances

Lack of Self-Worth, One of the Biggest Problems

Over the last three decades, I have spent time with a lot of women, listening to their stories, sharing their excitement, and hearing their pain. We are more alike than most of us know and we share similar emotions such as the excitement of a better future and fearing it at the same time.

So, when I am asked what the biggest challenges women face when it comes to managing their finances are, I have summarised them into the top 3 biggest pain points.

Top 3 Problems Women face managing their finances;

• LACK OF: Self-Worth

• LACK OF: Knowledge

• LACK OF: Time

Whilst each challenge has its own explanation, I feel lack of self-worth is one that should be explored in depth as a lack of time and lack of knowledge both speak for themselves.

So, what is a Lack of Self-Worth?

A high degree of self-worth naturally enhances our self-esteem, thereby providing us with the self-confidence needed to follow through with our chosen decisions and actions.

To have a high level of self-worth means never allowing yourself to be defined by outside forces, including people’s opinions. It means never allowing outcomes to shake your confidence, faith, or resolve.

All this essentially means is that no matter what happens you are steadfast. Nothing outside of your “being” influences how you feel about yourself. Your influence alone is the only thing that matters. You alone are the most significant factor in how you feel about yourself, your life, and about your circumstances.

And that is essentially where your personal power comes from.