Posted on March 7th, 2024

Story by Joyce Grace

Did you know that women wield immense power in shaping consumer spending, influencing a whopping 83% of purchases in the U.S.? Surprising, right? Yet, despite this influence, many of us shy away from discussing the one thing that impacts nearly every aspect of our lives: money. In fact, a staggering 61% of women would rather talk about death than engage in conversations about finances. But why the silence? It's time to break the taboo and lean into our financial futures. Let's start that conversation today.

Here are 10 questions to ignite your journey towards financial empowerment:

1. Do You Have a Support Network to Guide Your Financial Journey?
Surround yourself with a supportive circle of family, friends, colleagues, and professionals who can offer guidance and wisdom along the way.

2. Do You Truly Know Your Worth?
Gather all your financial details—from retirement accounts to spending habits—to paint a clear picture of your financial standing and potential.

3. Are Your Financial Goals Aligned With Your Lifestyle Aspirations?
Envision your ideal future and calculate your net worth to ensure your current actions align with your long-term dreams.

4. Are You Honest About Your Relationship With Money?
Acknowledge your money habits—whether you're a savvy saver or a spontaneous spender—and tailor your financial goals accordingly.

5. What's Your Risk Tolerance?
Understand how much risk you're comfortable with and how it impacts your journey towards your financial objectives.

6. Have You Prepared for the Unexpected?
Life is unpredictable. Safeguard your assets and loved ones by exploring your life insurance options and planning for unforeseen circumstances.

7. What Financial Behaviors Are You Modeling?
Set a positive example for future generations by teaching them responsible financial habits and values.

8. Are You Getting the Respect You Deserve?
Choose a financial professional who values your time, listens to your goals, and respects your journey towards financial independence.

9. What—and Who—Are You Protecting?
Identify what's truly important to you—whether it's your lifestyle, income, family, or business—and tailor your financial plan accordingly.

10. What Are You Afraid Of?
Confront your financial fears head-on by creating a realistic, step-by-step plan to overcome them and achieve your goals.

Remember, your journey towards financial success is uniquely yours.

Start the conversation today—whether it's with a trusted friend, family member, or financial advisor. Take that first empowering step towards the future you deserve. Let's lean in, own our financial narratives, and pave the way for a brighter tomorrow.

Learn more with a financial professional at Vandjlife.com or call | text us at (832) 885-2067.