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BUSINESS FINANCE


statistics:


& Y


n We women earn 30 percent less than our male counterparts between the ages of 45 and 54.


n We earn 77 cents on the dollar compared with men.


n We have less women sitting in corner offices.


n We are not getting our fair share of the world’s wealth.


Women and Money - Another Complicated Relationship


et another relationship we complicate with our emotions. According to


I still hear a lot of static and complain-


ing about women not earning as much as men and have a strong feeling it’s due to our own doing. The way we process and assimilate money with our emotions is the cause. Whether we like it or not, women may be treated differently in the work- place but it’s about time we suck it up and realize we have a lot to do with that. It is abundantly clear after research


that many of the characteristics and be- haviors of women that make us unique also contribute to our lack of financial in- dependence. Our greatest gifts we offer to society actually become our greatest weaknesses


By Crystal O’Connor


when our own best interest come in to play. Just like with anything a belief sys- tem is a standard that sets the stage for our behaviors. How we earn money and manage it is


no different. We are taught differently with societal messages that imply our well-being is contingent upon acting po- lite and other stereo-typical ways when we are young girls. Being relationship oriented and soft-


spoken are just a couple of behaviors that we are taught and then struggle with when we later apply them to the management of income earned or inherited wealth. The expectations of:


n being a mom n dutiful wife n caretaker of her elderly parents n AND independent n are a juggling act that conflicts with the logic of the risk-reward mental- ity that it often takes to manage money successfully.


As Independent Ambitious Career


Woman meets head on with Nurturing Caretaker Mother and Wife we truly are BLESSED with the impossible sounding feat, if we take on the right attitude and use it to our advantage. We are asked to sharpen our skills in so


many areas that we cannot help but suc- ceed if we learn how to apply all of these acquired skills in the area of money-man- agement and income negotiation in the workplace. There appears to be a paradigm shift


that needs to take place in many of our fe- male minds. That shift may require taking on a new mantra that empowers you to re- alize you have been given a job that seems daunting but in actuality have been given the opportunity to have it all. The ability to give life and nurture it


62 PROFESSIONAL WOMAN’S MULTICULTURAL MAGAZINE CELEBRATING 10 YEARS OF DIVERSITY WWW.PROFESSIONALWOMANMAG.COM


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