April 29, 2020

Understand Your Finances Now (Not Later)

Jayne Ellegard
Founder & Coach

Have you ever struggled with money?

If you have, I can assure you, you’re not alone. I hear many women say they find dealing with their financial situation frustrating, intimidating, boring. In a conversation with a woman I’ll call Jill, she said, “My knowledge about money is low. I don’t speak the speak, it’s all Greek to me, so I disengage. But I can and should understand it. I know I NEED to understand it. This doesn’t fit the image I have of myself as a smart, strong woman.” Can you relate to some, or all, of what Jill shared?

But the good news is - it doesn’t have to be that way!

Why is it so important to have courage, confidence and wisdom when it comes to your financial journey?

8 out of 10 women end up on this journey alone.

Whether you never marry, you’re divorced or widowed. Now don’t get me wrong, I’m not saying this is necessarily a bad thing. The alternative for the other two women is worse – they avoid this predicament by dying first.

51% of marriages end in divorce with gray divorce on the rise. Gray divorce is the new term that has been coined because divorce among elderly couples has increased so dramatically.

Women outlive their husbands on average 7 years. Some might say we always knew we were the better gender! We also tend to marry men who are older than us.

The average age of widowhood in the United States is 59. Let me repeat that. The average age of widowhood in the United States is 59. You do the math.

The reason I’m telling you this is, chances are, you will need to step up and take responsibility for your financial situation at some point in time. I have worked with women who have experienced the sudden loss of a spouse or an unexpected divorce and were thrown into a very scary and overwhelming situation. I don’t want this to happen to you.

Am I trying to scare you? You can be scared OR you can be inspired. Honestly I don’t care which you choose. I just want you to take action. Because I know you DESERVE to be financially empowered. I know you NEED to be financially empowered. So be scared or be inspired - but get started. I don’t ever want you to struggle or feel stupid about money again!

Start by taking the “Financial Happiness” quiz

You can find it on the Ellegant Wealth website or by using this link. You will discover if you're Fiscally Challenged, a Financial Superstar or somewhere in-between! Upon completion you will receive a handout that will share some insights and resources to help you get started on your journey to financial Courage, Confidence & Wisdom!

Join the Ellegant Wealth Facebook Group

Here you will have the opportunity to share your stories, ask your questions and break the "money is taboo" barrier. You will learn about the Six Pillars to Financial Empowerment (TM), the proprietary process I use to transform how women feel about money. Go to Facebook and type Ellegant Wealth Group into the search bar or use this link to join.

Take the time now to learn as much as you can - you'll never regret having the additional knowledge!

‍‍Call me crazy, but I think this stuff is interesting—even exciting! However, I've learned that not everyone shares my interest or enthusiasm in talking about money. But these conversations need to happen.

About the Author
Jayne Ellegard
Founder & Coach

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Jayne Ellegard

Minneapolis, MN
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