Huffington Post Archives - MyMoneyMindset

Why Is Talking About Money So Taboo?

Think about conversations you have had with friends and family. My oldest friend and I met in kindergarten. We have gone through everything together — death, marriage, divorce, job losses, and childbirth. Yet, the one thing we don’t discuss is money. We talk about it in general terms but I have no idea what her […]

Are You Afraid to Give Feedback

I’ve been thinking about feedback lately. I’m assessing the senior leaders at an international company and, as part of my process, I talk to these leaders about their interactions with their team and others in the organization. We talk about high points and low points, their challenges and struggles and what they are passionate about. […]

The 5 C’s of Building Trust in Business

  How often have you been burned by a business or personal relationship? I’ll bet it happens more often than you want to admit. Do you get more cautious and wise? Research says that you do as our levels of trust have been on the decline since the 1960’s. What does this mean for you, […]

Be Honest, Are You More Likely to Save for a Vacation Than Your Retirement?

From an early age, we’ve all been taught that learning to save is a good life skill. Our parents taught us to set aside 10 per cent for saving and 10 per cent for charity. It seems, however, that once the kids grow up, they reject this practice and spend, spend, spend. What happened to […]

Why Emotions Help Business Decisions

  Posted: 02/05/2013 1:35 pm Leaders have been coached and trained about how to look, think and lead. It isn’t hard to understand the rules of engagement and to learn to do the right thing in the right way. What is more difficult, however, is to lead in an authentic and positive manner and have […]

Busting Three Myths of Financial Planning

  Deborah Nixon Trust Expert, MyMoneyMindset Founder Posted: 01/11/2013 12:23 pm Many of us hate organizing our financial lives but love dreaming about our futures. Our dreams are the fun part but planning to get there is the stuff of discipline and denial — or so we believe. That might be part of the reason […]

Why Women Trust Women With Their Money

Posted: 07/19/2012 7:50 am Judy was panicked over her investments and frozen in indecision about what to do next. The market wasn’t doing well and she wasn’t sure what all of this meant for her. She was in her mid-50s, didn’t have a pension (darn those years of doing her own thing) and was single. […]

You Can’t Buy Your Way Out of Emotional Debt

Posted: 12/14/2012 7:50 am It’s a Wednesday afternoon, two weeks before Christmas. Sarah decides to pop into the mall on her way to a client appointment. How busy could it be? It’s jammed. She finds a frenzy of activity, with people walking quickly while they try to power shop in the little time they have. […]

Be Honest Do You Use Princess Math?

    Posted November 28, 2012 I love the term “princess math.” I use the term with great affection because I think of all the women I know who are experts at princess math. What is princess math? It’s something uniquely female. Here is an example: Your favourite department store is having a half price […]

Three Easy Ways To Start A Financial Plan

Posted: 11/19/2012 7:42 am  Why do only one-third of women have a financial plan in place? According to the Prudential Research Study on Women, the reasons include lack of time, the pull to meet shorter-term financial obligations, lack of knowledge, and an unmet desire for assistance and help. There are also emotional reasons for women […]