5 MidLife Financial Mindset Shifts You Can Practice Right Now
I recently had the pleasure of being a guest on Shelly Drymon’s “Women Over 50 - A Life Redefined” podcast. Shelly and I met through her private Facebook group of the same name. It's been a pleasure getting to know her as she is also a proponent of midlife reinvention for women.
We talked about the current situation (see my note at the bottom) as well as life-changing emotional and financial wellness care that all midlife women can use all the time.
Why financial therapy is unbiased guidance, why I don’t sell insurance or investment products and how I use life planning and financial planning to marry meaning to the mechanics of money for midlife women.
How women in midlife, who have raised families, had a career change or two, or been through a divorce or widowhood, are asking “What’s next?” and how to begin reinventing their lives just for them, on their terms and get back on track.
We discussed how the financial services industry has been primarily male-oriented, how it is changing and why women feel they don’t know who they can trust.
How and why the idea of traditional retirement, at age 65, was actually invented in the late 1800’s and why this 140 year-old idea is irrelevant for today’s economy and society, especially for women in midlife.
Why women have to redefine what this chapter of life looks like for now based on their terms versus what the financial services industry says it’s supposed to be.
How women in midlife can incorporate personal self-care and financial self-care and why they go hand-in-hand.
We discussed why women can do just one thing, for only 10 minutes, first thing every morning for emotional health.
- Why financial shame keeps women from addressing their finances and how allowing themselves grace is so important.
You can also find this episode on:
Connect with Shelly directly through her website: Women Over 50 - A Life Redesigned
What is your one takeaway from this episode? Feel free to comment below.
* At the time of this writing, we are in the midst of a global pandemic crisis. If you are reading this at a later date, some of the information may not be current.
Lots of love and hugs,
Patty Gale is a Financial Therapist and the Founder of Fear.less Girl Financial. She picks up, where mainstream financial services leaves off, to bridge the gap between the emotional and practical in helping women shift how they see their relationship with their money. Patty believes money stories are not a taboo topic and she is passionate about changing the narrative of the discussion and removing the stigma.