OlgaDavis30: Motivating Women For Financial Success #WomenInspired

Thursday, July 28, 2016

Motivating Women For Financial Success #WomenInspired

This is part of a sponsored collaboration with Prudential and DiMe Media. However, all opinions expressed are my own.

Two weeks ago I had was lucky enough to be invited to the Prudential #WomenInspired event in Chicago at the The Gwen, a Luxury Collection Hotel. I was excited to meet other bloggers and entrepreneurs that were just like me, women, mothers, wives. It sends a very powerful message when you can get a room full of influential women to share their journeys, the ups and the downs. Prudential is really motivating women for financial success. They strive to connect us with the right information in order to achieve not just our personal goals but also long term family goals.

Growing up as a Latina, my family’s main lesson was to work hard and save, save, save. We hardly ever spent any money on luxuries. Our travels consisted of driving to Mexico and visiting my grandparents. I think my parents had the right idea about saving, but what they never taught me was investing in my future.

My Motivation - Mi Familia

What motivates me to continue striving for the best future? The answer is simple - my family, especially my girls. They are my life. I never thought motherhood could change me, but it did. I can’t make a big decision without first contemplating how it could affect them. I want to be able to be a good role model, both morally and financially.

My baby girl

College isn't too far away for this one - they grow up so fast

This is where speaking to these ladies, which included entrepreneur Michelle Williams from Destiny’s Child came into play. One of the guests said she didn’t know that you could meet with a financial planner if you didn’t have any money, and I bet that rings true for so many of us. A financial planner is there to help you plan, not just for what you have, but what you could have. As a mom and wife I need to think about my future. This includes college for my girls and retirement. Along with investments we also spoke about wills and estates. I know firsthand that things can get messy between family members if there is no will, even if the deceased believes they have nothing to leave behind. When I turned 30 and was pregnant, an estate is something my husband and I had spoken about. But here we are 5 years later, and we have yet to set one up. This is definitely on my “to do” list NOW. Trying to balance my career, children, and husband can be stressful and overwhelming. And sometimes the hardest part is just finding the time to say yes, I need help. Prudential provided us with some great tips to get motivated.

I do take advantage of my works 401K option; however this may not be enough for retirement. I plan to seek out some financial advice soon so I can start making my money work for hard for me and my family. After all, as someone mentioned at the event, you could live to be a hundred!

Have you started planning for retirement or set up any college funds? Online offers so much information that at times it can be overwhelming. You shouldn’t be afraid to talk about your future, and speaking to someone with knowledge can be a comfort in your decision process. Don't wait.

Here's a fun quiz to find out if you're a procrastinator...well we probably all are a little. Actually, there are at least six distinct styles of procrastinators. Find out why and how you can help yourself in the long run - The Procrastination Personality Test

A great group of amazing women


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