7 Mistakes Women Entrepreneurs Make With Their Money and How You Can Successfully Avoid Them!
In coaching entrepreneurial women and their spouses to create financial success in their marriages I’ve noticed that there are 7 common money mistakes that women make that cause them to seek financial help.
The first mistake they make is constantly arguing with their partner about money and getting stuck in a blaming and complaining cycle – and they feel clueless as to how to get out of it.
Mistake number two is barely making enough money and feeling like they’re just scraping by each month. That begin to feel resentful that they have difficulty meeting their monthly expenses and resentful that they don’t have enough money to put toward savings, retirement funds, education funds or to put towards their big dreams and goals.
Mistake number three is that they struggle with not be able to increase their income.
Mistake number four is that they end up relying on their spouse to generate the monthly income because they don’t see themselves as being powerful money creators. They tend to see themselves more as money managers and so they rely on their partners to bring in the income difference. Eventually the main breadwinner feels resentful and this puts additional stress on the relationship.
Mistake number five is having a business that is more like a hobby. They experience inner conflict because while they are passionate about their business they’re not clear on how to generate serious income from it. They feel like they need to buckle up and get serious about their business or give it up for good.
Mistake number six is that they get stuck in perpetuating money problems because when they talk to their partner about money, they find themselves becoming reactive and frustrated because they feel like their partner isn’t supportive of their business, let alone supportive of them investing in growing their business. And they feel like their partner doesn’t take their business very seriously.
Mistake number seven is waking up in the middle of the night stressing about where the next months income is going to come from. This creates a huge drain on their ability to focus their creative energy on growing their business.
Getting on the same page with your partner makes good financial sense and business sense.
The solution to these 7 money mistakes is to get your personal and business financial life in order. This approach can dramatically increase business income as well as improve your financial relationship with your partner.
You can learn more about how to overcome these 7 common money mistakes that entrepreneurial women make and turn your business and your financial life around in my “Easy and Effortless Millionaire Money Secrets” 4-part teleseminar series.
You’ll also learn my “Secure Cash Flow Money System” that I personally developed and designed that will allow you to take control of your income! Get more info and sign up for this financial-life changing teleseminar series here.