Inflation Protection

Written by Barbara Huson

If you can fog a mirror, you’ve probably heard. Inflation is the highest it’s been in decades.

Inflation is a ravenous creature that devours our dollars like a caterpillar on a leaf–slowly, methodically, little bits at a time. But this recent bout seems more like a famished elephant.

The only way to counter the ravages of rising prices is to make sure at least some of your savings is working harder than it would in a bank, where it earns next to nothing.

In normal times that means the stock market. But with markets in turmoil, many of us are looking for safer alternatives. That’s why I got so excited when I read Jason Zweig’s column in this week’s Wall Street Journal.

“Fortunately, raising the return on your cash is easier than ever,” he declared. “The two best choices are money market funds and U.S. Treasury securities.”

Are You Ready to Radically Change Your Relationship with Money…and Your Life?

Written by Barbara Huson

Want to radically change your relationship to money…and your life? Write down everything you spend. It’s called tracking your expenses.

Believe me, tracking is not just for budgeting or those with limited means. The numbers reveal a story about your life.

You’ll discover bad habits and blind spots; where you’re putting your time and energy; what’s missing in your life; where you’re not living your values.

Here’s how it works. Buy a small notebook or find an empty checkbook register that fits into your pocket or purse.

Whenever you buy something—be it a yoga class or a cup of coffee, whether you use cash, check, debit or credit—jot down the item along with the cost.

Warning. Do this at the point of purchase. Otherwise, as receipts pile up, you’ll likely give up in overwhelm.

Wisdom from A Course in Miracles

Written by Barbara Huson

It’s been said that you’re never given a wish without the power to make it come true.

But how many times have you wished for more—more success, more money, more love, more __________(fill in the blank), and nothing happened, no matter what you did?

That powerless feeling is one of life’s greatest frustrations. I know!

Years ago, right after my divorce, my ex left the country, leaving me with no money in the bank and over a million dollars in tax bills. I knew nothing about finances. He handled everything.

The tax bills were looming and with 3 young daughters to support, I knew I needed to get smart…and fast. I was desperate.

I’m an intelligent woman—how hard could it be? But no matter how many books I read, classes I took, advisors I talked to, my eyes would glaze over, my brain would fog up and I’d feel hopelessly, incurably stupid.

Beware Excuses

Written by Barbara Huson

Here’s an interesting exercise. Notice how often you set a goal or express a desire and immediately start finding reasons why it can’t happen.

I see it all the time. A new client walks in, declares her desire—”I really want to make more money,”—and then comes the ”but…”

I have little kids
I’m scared
I never went to college
I don’t have time
I’m too old
I’m too young

Beware excuses!

Are You Really Playing Full Out? It Matters…A lot!

Written by Barbara Huson

Which game are you playing? It’s an important question I learned from interviewing successful women.

They taught me that, in the world of work, you are either playing The Underearning Game or The High Earning Game. There’s a big difference between the two.

The Underearning Game is called Not To Lose. The goal is to stay safe, look good, and be comfortable. There’s only one rule—avoid anything that feels uncomfortable or scary.

The High Earning game is called To Win. The goal is to go as far as you can with all that you got, and when you fall down, you get back up and keep going. The only rule here—play Full Out.

Problem is, sometimes it’s hard to tell which game you’re actually playing. There are times when I swear I’m giving my all. Then later it hits me—I was fooling myself. I really wasn’t playing a true Full Out.

How the Spiritual Factors into Financial Success

Written by Barbara Huson

Let’s talk about the Higher Work of Wealth—something I believe is missing when we talk about financial success.

The financial media focuses almost exclusively on the Outer Work of Wealth—learning the practical facts, like understanding the difference between a stock and a bond or how to diversify your retirement account.

Granted, we’re seeing more articles, even books exploring the Inner Work of Wealth—overcoming internal blocks, negative attitudes and limiting beliefs we have about Wealth.

But discussions of the Higher Work of Wealth are rare. Though it’s certainly a hot topic in my online community, The Wealth Connection. I believe for most women, the real motivation to create wealth–what keeps us going when resistance rears its ugly head—is not amassing more money.

It’s the spiritual factor–what we can do with our money once we have it. How we can use it to help others and become more of who we’re born to be, doing what we’re here on earth to do.

The Secrets to Wealth Building…Revealed At Last!

Written by Barbara Huson

“What are the secrets to being wealthy?” she asked, a tinge of desperation in her voice. “I feel like rich people know these secrets that I never learned.”

She was right. There are Secrets to Creating Wealth. And I understood her frustration. I struggled with this same question for years, never getting a satisfactory answer.

It took me forever to figure those secrets out. And when I did, my financial proficiency (not to mention my self-confidence) skyrocketed.

The truth is, very few people actually understand how to become a Wealth Builder. Everyone, however, knows how to be a Consumer.

The Hidden Danger of Higher Earnings

Written by Barbara Huson

I noticed a disturbing theme in my conversations with successful women. I call it the Illusion of Affluence. Whopping wages can be deceptive and dangerous.

I see it repeatedly: High earners spending too much, saving too little, or plowing all profits back into their business. Their ample earnings gives them the appearance, but not the security, of affluence.

Even if they can easily make a bundle whenever they want, high earners are as vulnerable to hard times and sudden change as anyone else.

Absolutely, women making big money are to be applauded. But the real measure of success isn’t what comes to you…it’s what stays with you (i.e. your net worth—the sum total of what you own minus the sum total of what you owe).

I Really Truly Want To…But I’m So Damn Scared!

Written by Barbara Huson

You’re ready. It’s time to open your own business, ask for a promotion or set stronger boundaries. You truly want to take the next step.

But you can’t. Fear, like a colossal boulder, stands in your way.

Of course you’re afraid. Fear is a normal, inevitable, reaction any time you leave the comfort of the familiar and venture into the unknown.

The goal, here, is not to eliminate fear. Because you can’t. The goal is to act in spite of it. I love how writer Ray Bradbury put it.

“Just jump off the cliff and build your wings on the way down,” he said, adding, “If you’re too cautious, you’ll miss life.”

There’s no way around it. If you want success, there’s only one path: feel the fear, endure the discomfort, observe the resistance, and go for it anyway.

But hear this! You don’t have to do it alone. The best antidote to fear, for us women, is surrounding yourself with a supportive community.

As high earner Karen Page once told me: “Success is a social activity. You can’t do it alone. You just can’t.” Amen to that!!

It’s precisely why I created my virtual community—The Wealth Connection—for financially aspiring women.

If you’re looking for a safe, welcoming place to talk openly, intimately, deeply about money, receive personal coaching from me, and encouragement, support & inspiration from the others, you can learn more HERE.

I’d love to hear your thoughts on how a supportive community (of lack of one) has impacted you. Leave me a comment below.

Joint vs Separate Accounts

Written by Barbara Huson

If you’re married, or about to be, I have a question for you. Do you have money in your own name?

Even if you’re blissfully in love with each other, even if (s)he’s filthy rich or a financial genius, it’s critical to have your own economic identity–a bank account and credit card in your own name.

In part, it’s a matter of self-protection. If anything happens to your Prince(ss) Charming, you could be in big trouble.

Oh, the horror stories I’ve heard from women who couldn’t get credit or had all kinds of legal problems after losing a spouse through death or divorce because everything was listed under their spouse’s name.

Women & Wealth

Inflation Protection

Are You Ready to Radically Change Your Relationship with Money…and Your Life?

Wisdom from A Course in Miracles

Beware Excuses

Are You Really Playing Full Out? It Matters…A lot!

How the Spiritual Factors into Financial Success

The Secrets to Wealth Building…Revealed At Last!

The Hidden Danger of Higher Earnings

I Really Truly Want To…But I’m So Damn Scared!

Joint vs Separate Accounts

Meet Barbara Huson

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