We introduced you to fire-starter Danielle LaPorte
recently and raved about her simple and impactful life coaching style designed to inspire and motivate you to live your best life.
Now we bring you another awesome lady who brings together the two big contentious areas that so many of us battle with on a daily basis: our love lives and our financial matters. She manages to make financial planning not just relatable but, wait for it…actually fun for people!
Leslie Greenman is many things and plays different roles with equal panache; she’s a financial advisor
, a public speaker and the author of Dating Our Money
. Some of her coolest speeches include “Money and Men: Headaches and Heartaches, Learn the Warning Signs,” “Confidence: The Key to Money and Men,” and “A Remarkable Return: Invest In Yourself!”
But Leslie wasn’t always such a whiz with cash and numbers
. When she lost her husband unexpectedly at age 35 and became a single mother of two boys (ages 2 and 4), she had to deal with life head-on and make all the decisions that would affect her and her family with no one to guide or advise her.
She toughed it out and ultimately decided to go into the financial industry. Inspired by her personal experience, she sought to empower women with the knowledge and confidence to take action and be prepared for anything, even the "Three Ds": death, divorce and disease.
Her book Dating Our Money
offers women the important information they need to confidently make smart choices with money and men. She draws a parallel between the world of dating and managing your money: “Both have caused women happiness, headaches and heartaches. No one is an expert in love when they start dating. You grow in confidence, learn continually, and experience many bumps in the road. Managing money is similar. Don't be afraid if you don't have all the answers to confidently manage your money.”
Here are three of her super-effective financial tips
that combine basic good sense with smart financial advice:
- Don't let the psychology of the sale get the best of you: If you're a chronic over-spender, sales pose a special temptation. When there's a great bargain, we usually use two factors to justify spending: first, we fear that if we don't take advantage of the sale now, we might not be able to get that item later. And secondly, many women love to feel like they've gotten a great deal. But let's be honest: going over-budget is going over-budget. Your debt is increasing. So don't let the temptation of great sales get the best of your budget. If an item is too much for your personal financial situation, don't buy it. Ask yourself, "Would I buy this if the 'sale' price were the starting price?" Oftentimes, the answer is no.
- Get an accountability partner: Your buddy, your spouse, your mom who has always been a stickler when it comes to the family budget, or perhaps your frugal friend; any of them could be your accountability partner. Check in with them at least once a month and make sure he or she doesn't mind being on-call whenever you want to splurge. Call when a sale is tempting you or when you're having trouble making a financial decision.
- Invest in relationships, not in “stuff”: It's perfectly natural to want to give back to those who give to you. It feels good to treat a friend to lunch or to see your son's face light up when you agree to buy him the video game he wants. It can satisfy nurturing instincts…or simply help us assuage the guilt over not having enough time together. What we need to realize is that what other people really want, kids and adults, is that time with us. Spend a day with your son doing the things he loves to do, or suggest to a friend that you spend an afternoon catching up over coffee.