Financial Confidence as Power

By Mercelyn "Kerry" Francis

What Financial decision changed my confidence?

The best financial decision that I made was to understand how money works. Understanding how money works developed my psychological perception of wealth building, which included how to invest and grow my money. It allowed me to become financially grounded, and this helped me to become more confident in sharing content and ideas with people. One of the best confidence hacks is to get yourself educated and approve of it.

When I wasn’t making my own money, I had zero options because I depended on someone else for approval. Once I decided to learn how to make money, I was happier, and that made me more confident. They say money doesn’t make people happy, but truth be told, for many women, it gave us the freedom to walk away from situations that were lowering our self-worth and destroying our peace.

And this is the reason women should make their own money, because when you have money as a woman, you won’t stay in toxic relationships long, you will be quick to walk away from people and situations that don’t align with your morals, and it builds your confidence.

How does money literacy affect leadership?

Being financially literate as a leader is a top-notch expertise because I can help others make wise money decisions and help them achieve short and long-term dreams. When a leader understands how to manage, direct, and multiply money, that shows how capable they are to grow others around them.

The advantage of being financially literate as a leader also keeps my money working for me instead of me constantly working for money. One of the best money psychology to adopt as a leader is the abundance mindset- this opens new opportunities, cultivates innovations, and collaborations in markets. As a leader, I always strive to foster emotional resilience in my personal and business finances. Staying disciplined, taking calculated and long-term financial risk are the major factors that will determine whether or not you will win with your money.

What should women understand earlier about wealth?

Women should understand that wealth isn't built by luck or pretty privilege but by leverage. A lot of women aren't wealthy because they think it's in a luxury handbag; instead, wealth is built when you change your mindset around money, when you change your circles, and master money psychology. There is a difference between being a rich woman and a wealthy woman. A rich woman has millions in her bank account and luxury cars, but a wealthy woman owns million-dollar and billion-dollar businesses, assets like real estate and gold, and she invests in the stock market. Her money builds a legacy and not just for a moment of hype.

Wealth begins in the mind, before it multiplies through actions from discipline. Becoming wealthy requires strategic and intentional behaviors. The woman who understands that in order to build wealth early and actually stay wealthy, she has to protect her energy and her decisions. Becoming financially literate as a woman is necessary for maintaining wealth, and it should be taught to her generations. For decades, women were not taught how to make their own money, and it’s important that in this generation and beyond, women learn not just to make but to keep their money working for them.

The woman who understands how to be disciplined with her money and how to multiply it using assets will build a legacy for her generations. True wealth is built through ownership. The more assets she multiplies, the more her money works for her and the more wealth she creates.

Connect With Kerry

www.cleverhustlewallet.com

Social media: @itskerryfrancis