7 Mistakes Women Make With Money & How to Stop Making Them

I felt like a failure...

© Susan Broughton 2013

...turned out I am on the right path...


...and I can help you too!


The plan for tonight

• 7 Mistakes - What are they?

• Top 3 Principals to Embrace

(to Stop Making Them)

~ BREAK ~

• Step by Step Success System

• Apply the #1 Principal to Step #1


“Only 7?!?”


I am just like you!


Why does women’s money matter?


What do I know about women’s money?


What was missing?

...all the formal finance education explained was what to do with money, not why we do or don’t do

it...


What is a Money Dragon?


What is Purposeful Abundance?


How do the mistakes fit together?


New ears?


Why are you here?


Congratulations!!!


Your choice...


Let’s Go!


Oprah said it best

“The money is a metaphor, always a metaphor, for your true worth.” - Oprah Winfrey


Simple. Not easy to master.


What are the 7 Mistakes?

1. Mismanaging Money

2. Giving Away Your Power

3. STDs

4. Being Ruled by Emotions

5. Walking The Wrong Path

6. No Structure

7. Doing Nothing


Mistake #1Mismanaging Money & Comparing Yourself

to Others



to Others

Do you...

• Know where your money is coming from? and why?

• Know where your money is going? and why?

• Understand that debt and being broke is expensive?

• Understand that time = money?

• Look at what other people have and feel you deserve the same?



to Others

Are you...

• Realistic about your income and expenses?

• Willing to say no?

• Aware of your spending triggers?

• Able to calculate your real hourly rate?

• Making goals and achieving them?


Mistake #2Giving Away Your Power & Not Taking Your

Income (or Income Potential) Seriously




Do you...

• Understand your value?

• Earn as much as you think you are worth?

• Put other people’s needs in front of your own?

• Let your partner look after the finances/make the decisions?

• Underestimate your ability to manage money well?




Are you...

• Willing to negotiate to get what you think you are worth?

• Confident in your ability to deliver value at work?

• Sacrificing more than you are comfortable with?

• Aware of how powerful you are?

• Continuing to learn, grow and set goals for your career and

finances?© Susan Broughton 2013

Mistake #3STD (Sexually Transmitted Debt or Sexually

Transmitted Dysfunction)


Do you...

• Understand the value you bring to the relationship?

• Understand the value your partner brings to the relationship?

• Understand your values about money?

• Understand your partner’s values about money?

• Ever argue about money?




Do you...

• Have common/shared financial goals?

• Feel you have your partners bests interests at heart?

• Feel your partner has your best interest at heart?

• Ever feel you have given up a lot for the relationship?

• Ever feel your partner brings more to the relationship than

you?




Mistake #4Being Ruled By Your Emotions & Justifying

your Decisions or Indecision


Do you...

• Make money decisions that you later regret?

• Have things that you bought and don’t use?

• Feel scared to ask for (more) money from your work/clients?

• Ever feel you just “have” to have something?

• Feel empty or incomplete when you don’t shop?




Do you...

• Worry about money and avoid spending?

• Feel immediately better after buying something?

• Find you are explaining your decisions to yourself or others?

• Feel scared about investing your money?

• Worry that you are not making wise choices with your money?




Mistake #5Walking a Path that is Not Your Own


Do you...

• Enjoy your work?

• Find moments of joy in every day?

• Understand and appreciate your talents and gifts?

• Make career and job decisions based on what is “logical”?

• Feel scared to try something new in case you are not good at it?



Do you...

• Do things you love every day?

• Feel like you get to share your own special gifts and talents?

• Feel a deep connection to your work and life?

• Get told how special you are?

• Get the appreciation you desire?



Mistake #6Confusing, Unclear or No Structure


Do you...

• Have a hard time remembering what bank accounts you have?

• Know which account your pay goes into?

• Know which account your bills are paid from?

• Spend a lot of time to ensure there is money to pay your bills?

• Forget if you have paid a bill on time?



Do you...

• Have mental blocks around your financial records?

• Have an organised system for your finances?

• Worry if your transaction will be approved?

• Pay off your credit cards each month?

• Know how much money you require to pay your bills?



Mistake #7Doing Nothing


Do you...

• Avoid opening up your mail?

• Avoid looking at your bank accounts online?

• Have a weekly or monthly routine for money management?

• Seek advice when you need it?

• Let your partner deal with the money?



Do you...

• Have adequate insurance?

• Know where your superannuation is and how it is invested?

• Have a Will and an Enduring Power of Attorney?

• Review your super/insurance & Will yearly?

• Review your bank accounts & loans at least yearly?



What are the 7 Mistakes?

1. Mismanaging Money

2. Giving Away Your Power

3. STDs

4. Being Ruled by Emotions

5. Walking The Wrong Path

6. No Structure

7. Doing Nothing


Top 3 Keysto Embrace when you are Ready to Stop

Making Mistakes with Your Money

1. Awareness & Responsibility

2. Education Information

& Control

3. Self Belief


Key #1Awareness & Responsibility



Are you...

• Aware of your money values and beliefs?

• Aware what drives your money decisions?

• Aware of your gifts, talents and purpose?

• Aware that you created this life you live?


Key #2Information, Education & Control


Key #2Information, Education & Control

Do you...

• Know where to go to get the information you need?

• Feel you are properly educated in financial concepts?

• Feel in control of your finances and financial future?


Key #3Self Belief


Key #3Self Belief

Do you...

• Believe you can create a life of abundance?

• Believe it is safe to create a life of abundance?

• Believe in your own worth?

• Believe in your dreams?

• Believe in your purpose?


Top 3 Keysto Embrace when you are Ready to Stop

Making Mistakes with Your Money

1. Awareness & Responsibility

2. Education Information

& Control

3. Self Belief



Step by Step Processto Stop Making Mistakes With Money

I want to share the things...

• that I regularly practice, and

• that I know work.



What would it mean to you?

What is possible if money wasn’t a

problem?

Here’s what it meant to me....



A home that I love and easily afford.



My own business...



Time and space for creative expression



Time and space to connect to nature



Time and space to learn, grow, have fun!



Financial empowerment = choices



Travel



Giving Back



The courage to be bolder



Connecting with inspiring local women



Connecting & Sharing with an International Community



Knowing I make a difference



Joy! ...amongst the sorrow & challenges...



I want to share the things...

• that I regularly practice, and

• that I know work.



1. Manage Your Money

2. Own Your Power

3. Treat & Prevent STDs

4. Let Emotions be Your Guide

5. Find & Walk Your Own Path

6. Create an Easy to Manage Structure

7. Create your Financial Habits© Susan Broughton 2013

Step #1Manage Your Money

(So it doesn’t manage you)




• Track what is coming in and out.

• Live within your means.

• Be realistic.

• Know what you need & want.

• Set goals and plans.

• Don’t be cheap.

• Appreciate the little things.


Step #2Own Your Personal

& Income Generating Power


Step #2Own Your Personal

& Income Generating Power

• Create a daily practice to connect.

• Silence, stillness & solitude.

• Grounding exercises (ex. going home).

• Empowering beliefs.

• Work with your shadow.

• Ego power vs. true power.

• Back yourself financially.


Step #3Treat & Prevent STDs

(Sexually Transmitted Debt & Dysfunction)


Step #3Treat & Prevent STDs

(Sexually Transmitted Debt & Dysfunction)

• Know what value you bring to the relationship.

• Know what value your partner brings to the relationship.

• If single, list intentions & desires.

• Know what your values are.

• Know what your partner’s values are.

• Couples - talk to each other’s values.

• Singles - sort on values & stay with the desire of your ideal.


Step #4Let Emotions Be Your Guide

(Not your boss)


Step #4Let Emotions Be Your Guide

(Not your boss)

• Deep breaths.

• “I am not my thoughts.”

• “I am not my emotions.”

• Beliefs: what is true for some is also true for you.

• Connect to your deepest desires.

• Chart your course and stick to it.


Step #5Find and Walk Your Own Path


Step #5Find and Walk Your Own Path

• Follow your bliss.

• Keep a joy journal.

(What made me feel joyful today?)

• Joy reflection exercise.

• Own your crazy ideas.

• Take small steps.

• Celebrate.


Step #6Create an Easy to Manage Structure


Step #6Create an Easy to Manage Structure

• KISS

• Prioritise.

• Pay off the credit card each month.

• Pay yourself an “allowance”.

• Who keeps you accountable?


Step #7Create (daily, weekly, monthly

& annual) Habits


Step #7Create (daily, weekly, monthly

& annual) Habits

• Daily habits - especially important in the early stages,

more about emotions and awareness than money.

• Weekly habits - weekly tracking of money in and out.

• Monthly habits - review how your month went, on

target for $ and joy?

• Annual reviews - insurance, Wills, investments, loans

& bank accounts.© Susan Broughton 2013



with



“!e money is a metaphor, always a metaphor, for your true worth.” - Oprah Winfrey

Why?Purpose

What?Description

Who?Who With & Who For?

When & Where?Date & Time & Location

How?How do you feel about it

now?

ReflectHow do you feel about it

later?

“We can tell our values by looking at our

check book stubs.”

- Gloria Steinem


Ask Why?

What is the purpose? What choices have you made in the past or present that relate to this decision?

Ask What?

What it is that you are exchanging? What are you giving up or receiving in exchange for the money?

Ask Who?

Who with and who for. Who are you earning the money with? Who are you earning the money for? OR

Who are you spending the money on? Who are you with when you spend it?

Ask When and Where?

What is the date, time and location. When and where does the money flow in or out?

Ask How?

How do you feel about the cash flow?

How well does the cash flow align with your values? How much satisfaction are you receiving and how does this compare to what you are giving up?


Do you feel like you have to choose?


You can be financially abundant.You can live a life that matters.

But......how do you do both?


How Else Can I Support You?


Free Gifts!!!


Money Harmony Journal


One on One Support


The word on the Street

"I love the blend of financial literacy and empowerment. This resonates fully with me!! Thank you."

"Susan, you have a wealth of knowledge and an ease with sharing yourself with others. I feel inspired to action."

"There is no way I could have done it without you, and that you are such a joy to work with is a real bonus. Thank you."

"I really am grateful for all your help - who knows what I might have done (or not done) without you."


The word on the Street"I set my financial goals and had so may ideas of how to achieve them swimming around in my head. Susan was fantastic in offering an objective view and helping me think in a more structured way. She helped me put “my ducks in a row” and clear my thoughts. I would, and have, recommend(ed) Susan to my friends who want to get a handle on their financial security."- Jennifer, Perth WA

"My results of following Susan's guidance and putting in the basic effort was, and still is, reflected back to me by a 30% increase in my income within 2 months.I am so grateful for meeting Susan and for having greatly benefited from how she shares her unique gift of knowledge, skill and wisdom with heart and soul."- Melanie, Wembley Downs WA


Hope & Healthy Cynicism


Do you desire big change?


Do you desire big change?From Mistakes to Opportunities:

Opening Up to Your Purpose and Abundance~ 6 Week Class ~

★ Create a deeper understanding of how you have made, currently make or risk

making the 7 mistakes.

★ Learn new strategies and mindset skills to stop making the mistakes.

★ Applying the three keys to turn mistakes with money into opportunities for

abundance.


What you will get out of it:★ Awareness of your money habits & habits that impact your money.

★ Awareness of patterns you follow that hold you back from creating a life of abundance.

★ Awareness of your money blocks and limiting beliefs.

★ Ways to improve your relationships with your money.

★ Ways to move forward and make positive changes.

★ Strategies to increase your wealth & abundance to support your life purpose.

From Mistakes to Opportunities: Opening Up to Your Purpose and Abundance

~ 6 Week Class ~


This is for you if:★ You believe or want to believe that you are worth it!

★ You want to have a life that you deeply desire!

★ You desire to feel more ready for the challenges ahead!

★ Your beliefs and patterns are holding you back!

★ You are ready to step more fully into your purpose!

★ You want your finances to support your purpose!


~ 6 Week Class ~


What’s Included:6 Weekly Classes To bring a greater awareness of how you make the 7 mistakes and the many ways they can manifest. To get empowered with information to enable you to stop making the mistakes. The classes will also assist in identifying beliefs that prevent you from creating the life of your dreams.

$577

One Hour One on One Outcomes Session This session with Susan is all about helping you to gain clarity on the life you want to create and how your finances will support this. It will help you to set crystal clear personal outcomes to work towards.

$197

Money Harmony JournalBeautifully designed 68 page journal with unique guided awareness exercise. Allow your spending habits to be transformed.

$27

How to Use Money Harmony Journal MP3Learn more about how to get to most of your Money Harmony Journal.

$17

TOTAL VALUE of Program $818


~ 6 Week Class ~


Total value = $818

Regular investment is $597

For a limited time* the investment will be only $397

The investment is less than 50% of the value!


~ 6 Week Class ~


Plus the first 8 women to register also receive these bonuses worth $359

Creating Empowering Beliefs 1/2 day WorkshopThe beliefs workshop will dive deeper into your beliefs. You will learn more about how your beliefs are formed and how they impact your life. You will learn techniques that you can use at home on your own to process emotions relating to your beliefs and to create beliefs that empower you to create the life you want.

$147

One Hour One on One Beliefs and Habits Session This session with Susan is to use the information you have learned about your beliefs and habits to break through your stickiest beliefs and habits.

$197

Empowering Money Beliefs MeditationRelax and unwind with a soothing empowering beliefs meditation recording.

$17

TOTAL VALUE of Bonuses $359


~ 6 Week Class ~


Total value = $818

Regular investment is $597


That is over 50% off plus $359 worth of bonuses

Total value of $1,177


~ 6 Week Class ~



~ 6 Week Class ~

If you come to the classes, do the work

and don’t experience a change in your

relationship with money then I don’t

want your money.



Total value of $1,177


~ 6 Week Class ~


Economy & Finance

7 Mistakes Women Make With Money & How to Stop Making Them