Fear of math
What I’ve come to realize is that my own understanding of money and personal finance has a lot to do with my fear of math (what I like to call #FOM). It runs deep - back to my grade school days. The foundation of my financial literacy was splintered by so much of the ridicule I received for not comprehending mathematical concepts as well as my peers did. The sad part is that my #FOM could’ve been avoided altogether. Were you ever picked on for an answer to a homework question you were clearly confused by? I’m right with you.
We can dislike anything that has to do with numbers all we want but a basic understanding of them and how they work is imperative. Got a job offer that requires you to move but the thought of having to deal with your accounts makes you want to check out? Got yourself into somewhat of a mess? The only person who’s going to want or be able to clean it up is you. And it’s possible.
When it comes down to it, entering the world of personal finance is a lot like walking into a dark room - there’s a whole universe we know close to nothing about, mainly because we were never taught about it in a formal learning setting (where the majority of us pay big $HMONEY for an education!).
Money affects us all, everyday. It’s time to face it and then, get over it.
$HMONEY must exist so that:
Millennial women can educate themselves to be financially literate and feel confident when applying what they’ve learned to real life situations.
Be guided and supported by advice and opinions from professionals that possess the knowledge they don't have.
Have the tools to survive the tide when life gets rough.
Belong to a community of young women who've already been there, done that.
And no woman is alone
💸 Women generally have more negative feelings about their relationship with money than men do.
💵 Women worry more about their finances than men and many lack financial education, fiscal confidence, and savings accounts.
😰 52 per cent of millennial women point to money issues as the most stressful thing in their lives.
💦 Fewer than half millennial women think talking about money with friends is valuable to them. In fact, most millennial women are three times more likely to talk to their friends about their sex lives than their salaries.
All this, and nobody talks about their finances. Money is still an unbelievably taboo topic for women to discuss freely.
$HMONEY is working to change that.
