A List of Silly Things Women Do …in the name of money

Robert walked into the house one day to find me yelling at the television.

“Wake up! Don’t be a fool! Stop acting like a little girl! Grow up!” I yelled.

“What’s going on?” Robert asked, laughing.

“It drives me crazy to see women do such stupid things when it comes to money! This woman is asking a total stranger, some financial planner on TV promoting himself, what to do with a few thousand dollars she has saved up,” I said. “He’s giving her bad advice, and she just says, ‘Oh, thank you so much. That’s just what I’ll do.’ How stupid is that? She’s a good example of why women are often stereotyped when it comes to money and investing.”

“She certainly struck a chord in you,” Robert said, grinning. “Maybe women aren’t even aware of what they’re doing. Here’s your chance to point it out to them.”

It did strike a chord in me. We women truly do some ridiculously silly things in our financial lives. I think it’s time we simply get smarter on the subject.

Here’s a list of a few of the silly things that many of us women do when it comes to money.

  • We marry for money
  • We stay in bad marriages or relationships for money because we’re afraid we can’t make it financially on our own
  • We let a man make all our key financial decisions
  • We accept the myth that men are better with money
  • We accept the myth that men are better at investing
  • We won’t challenge a man’s financial decisions because we don’t want to rock the boat or hurt his ego
  • We take financial advice from supposed “experts” because we don’t think we’re smart enough
  • We keep quiet to keep the peace
  • We hang on too long because (at least financially) we’re “comfortable”
  • We hang on too long…only to be left behind for a younger woman
  • We hope the man will change
  • We settle for “OK” in life when what we really want is “great”
  • A man is lost and won’t ask for directions…yet we follow him
  • We sell ourselves short
  • We put up with all the inequalities on the job, for a paycheck
  • We accept less pay than our male counterparts and often end up doing their work
  • We get passed over for a promotion we deserve…but still stay
  • We feel guilty working extra hours and not being with our kids
  • We miss our kids’ soccer games and recitals because we have to work
  • We often look into the future and think, “Someday…”

Recognize yourself in any of those? I think we all do. The bottom line is that many of us sell our souls in the name of money; we just don’t realize it. The real crime is the toll it takes on our self-esteem, our confidence, and our self-worth.

That is why I believe so strongly in financial education. Truly, knowledge is power…power not just to become more successful but to also feel better about ourselves—to improve our self-esteem, our confidence, and our self-worth!

The good news is we may have done silly things for money in our past, but each and every one of us has the power today to be smart with our money for the future.