All tagged women and money

Love Makeup? You Can Invest in Cosmetics and Beauty Companies

Do you love makeup and beauty products?

Makeup and beauty products typically depreciate the moment you open it. They expire and it’s hard to get your money back on them. If you use them, then you can get your dollar’s worth, but for many of us, some of our makeup languishes at the bottom of our drawers especially if we have a lot of options to choose from. That’s just the nature of a consumer product. Today though I want to introduce you to the concept of buying beauty and cosmetic stock for every cosmetic product you buy. The goal is to buy assets that have a potential to appreciate which means money in your pocket for the future.

Even the Princess Wants Financial Independence

"I've never wanted to be a lady who lunches; I've always wanted to be a woman who works."

Financial independence is about living life on your own terms. Money is a tool, it’s neither good or bad. Sometimes though, money can make people feel trapped, especially if it’s money that is not your own. If you are up on your royal family news, the Duke and Duchess of Sussex, aka Prince Harry and Meghan Markle, announced that they are “charting a new course” with how to find the balance of being part of the royal family while also leading separate, independent lives. This appeared to be an unprecedented move from “senior” royal family member, basically denouncing a part of their royal responsibilities. What struck me about their decision and goal was the additional phrase that they needed “to become financially independent.”

Book Review and Summary: Women & Money by Suze Orman

Put a value on what you do and do not let anyone to undervalue you."

The last book of the year in the Book of the Month Series is Suze Orman’s Women and Money: Be Strong, Be Smart, Be Secure. I’m a fan of Suze Orman. It was her book Young, Fabulous and Broke that actually started my FI journey many years before FI was even a term for the mainstream.

The first version of this book was published back in 2007. I remember reading it, but at that point in time, I was in a completely different mindset and I glossed over most of the topics. Fast forward to 2019 and I now see many of the topics having some relevance in my life.

Substitute the Word Money with the Word Freedom: Phrases to Try

"A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life."

I recently came across an article written by Whitney Cummings on the last page of Money Magazine. She talks about her personal money management, but more importantly how she started substituting the word money for the word freedom. So I thought I would compile a list of phrases with this substitution. It's important to note that sometimes changing our language changes our mindset in a whole new way even if we haven't fully internalized it yet. Try these on for size. Speak them out loud. How does saying one versus the other make you feel?

Financially Successful Woman: How to be Financially Empowered

“A woman’s best protection is a little money of her own.”

The gender gap is everywhere. Women are usually paid less in spite of their male counterpart doing the same job. Finance and women are also considered to be poles apart.

According to a survey conducted by Forbes, around 58% of men were of the view that their financial understanding was up to the mark, whereas only 47% of women said so.

But, the situation is changing day by day. Women are now gradually climbing the ladder and gaining financial success.