Women's Health Australia

Refresh Your Money Mindset

ver wondered why some of your mates spend their evenings scrolling finance groups on Facebook while others claim they’re just “bad with money”? Newsflash: being “bad” or “good” with money is a misconception. “It’s the most important thing I want women to unlearn,” says Jane K Walters, a financial coach at . “It doesn’t take a special type of person to be able to manage money well, and it’s definitely like a thing of the past, research proves the media still talks to women and men differently about money. In fact, a 2018 study commissioned by British bank Starling found that male money media talks about power, luxury and outperforming the market, but for women it’s how to curb overspending - and whether your money type is a Carrie or a Miranda from . Ugh, right? The first step to changing this messaging is to upgrade your own money mindset “to one of possibility and growth,” explains Walters. If that sounds good to you, let’s begin cashing in.

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