Why stepping in to your power impacts your finances

Jun 07, 2019

You know what happens when you step into your power?

Amazing things happen, especially around your finances. And the interesting thing is it reaches a tipping point and snowballs into having an impact on so many areas of your life. 

P.S. If you want to know more about what I talked about in this blog, head to https://go.mswealthy.com

xo

 

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I've spent the last 10 years learning from the most brilliant minds in money, wealth, and investing to take myself from $20,000 in debt to a multi six figure investment portfolio. He don't know where to start. I get it being that too, but you just being here means you're part of a group of driven women changing the game and taking control. So join in and follow along as they share the secrets towards more money, more investing and more freedom. My name is Simone Mercer Huggins, and welcome to ms. Wealthy's kiss my money podcast.

Um, you know, power is a funny one. It's kind of a concept that I used to think about being very masculine. I used to think that the word power and being in your power, it was a really masculine, heavy driven alpha thing, but the more I experienced life and the more I come to realize stepping into your power is it's not about being masculine and you can actually do it in a super feminine way. And when you do it has profound, incredible, insane effects. And when I'm talking about stepping into your power, I mean like your power in any way that transpires, however, that looks that might be stepping into your power and your brilliance and your intelligence that might be stepping into your power as being a strong, independent woman, that might be your power in your worth, or even, you know, your power in being an incredible mother.

However, that looks for you, what happens is when we step into that and really own it really almost kind of honor it and allow it to shine rather than hide it away. Incredible things happen including with money and with our finances. So let me give you an example of this. When I first kind of got into money, it kind of started right with getting out of debt. And I could've stayed in that whole of hiding for a really long time, but I decided to step into the power of owning up, showing up and learning how to do it and like how to manage my money, how to probably get out of debt, how to like get good at it. Because up until that point, I had really never kind of decided to own it and to step up as someone that was in control and in owning my power around money and that I could actually manage finances and do it well.

And that obviously transformed everything because the moment I started working towards it, it, it became this snowball effect where everything just catapulted. And once I got out of debt, then it was the next step because I'd had that experience of being in my power, around getting into debt and being better at money then became, Oh, okay. How do I, how do I grow my wealth? And then stepping into this was a big one because I was operating in a male dominated industry when it came to, you know, learning about investing. And like, if you're currently in this phase of maybe even just thinking about investing or just thinking about your future, like you've got to know, I T I totally know what it feels like to desperately want to feel financially secure and to just long for that feeling and literally the physical reality of being free for worry and anxiety over your future.

Like I get what that feels like, and I know what it feels like to start from zero knowledge. That was me. I was negative knowledge. I was negative bank balance. Like I had zero idea, literally, no idea about the financial jargon and the insider technobabble stuff. And back then, even it felt like walking into a room of middle aged male investors, where I just was completely out of place. I felt so intimidated and sort of like I get what it feels like if you're currently in that place, even of just kind of wanting to feel financially secure and wanting to take control, but just not knowing how, and I do not want any other woman to ever feel like that. And I didn't know at the time, but when I started kind of diving in to learning about investing, I had to step into my own power in taking control myself and really stepping up and realizing that I could do it like the power of myself.

Right. Because there's something really incredible in that. And not everyone I think does it. It's, it's easy to hide and sit on the couch and watch Netflix and go about your day to day and not question anything, not strive for anything like it's uncomfortable to get uncomfortable. It's uncomfortable to step out of that comfort zone of just being average. Like it takes something to step into your power. So I get that. It's a big thing, but it's also a super powerful thing because it starts changing your money and your finances in so many ways. So for me, the start was getting out of debt. Then it became starting to invest. Then it became Holy crap. I can actually empower other women around their money. Like when all my friends and people started reaching out, I can actually give other women power and show them how to step into their power.

Like, that's really cool. And take the example of asking for a raise, even if you have your own business. And you're thinking about increasing your prices, or even like sending out that invoice that maybe you haven't sent out, even though you've done the work. And there's sometimes a reluctance around, you know, money and owning our worth and almost like resisting, you know, how powerful we are in what we provide and what we do and how we serve the world. And if you have a career and you have a job, then you're serving the company, right. You're serving your clients. And if you have a business, then you're serving your customers. But sometimes when we resist stepping into the power of owning and truly like showing up in that way, then we are resisting money. Like, there's just, that's literally the reality. And when you go in and you really decide that you're going to ask for a raise and ask for really taking ownership around that and leveling the playing field, because hello, the gender pay gaps real right.

And that takes guts. But what happens is when you do that, you transform your money world, your financial world, because you start earning more. And it's one of those things that it's almost like the tipping, it's like the, you know, it reaches a tipping point where your moment you do it, you start seeing how it affects so many other areas of your life. And the moment you do it in one area, like asking for a raise, or maybe it's just taking control of your money, or you're like finally pulling out that credit card. I'm like looking at how much debt you're in or consolidate and your debts. Like, it can be the smallest thing. I don't care about like how big the action is, how many days you spend on it. I'm talking about like the smallest thing, because using that tiny action is what starts to change everything, because it snowballs into this. Like it transforms who you are and you become more powerful. It's almost like the chicken neck. You've got to do it to be more powerful. Does that make sense?

Right. So the other thing I wanted to share with you is one of the students, one of my students in investing boot camp, where you learn how to invest, she is doing some freaking incredible things. And I wanted to share something that she has said, and I've got permission from her. She's kind of like written this and, you know, talked about the transformation that she has gone through. And I want to tell you this, because this, I feel like is going to resonate with so many women. And you're probably like feeling like her right now. We know before she started transforming stuff. Right? Okay. So this girl is Gabby. She's a absolute rock star. And she has stepped into an owning her power around money, right? So she, okay, this is what she says. So I tried to learn it myself. She's talking about investing.

I'd read many books, including rich dad, poor dad, which was all insightful, but left me without a tangible way to get started. I haven't found anything else in the market that teaches you step by step, cuts out all the jug. And that usually comes with this kind of thing. I went from being in a negative in my account, confidence in the ground and having no idea how I could take charge, let alone even invest. Now I've increased my income. I've allocated money, going into savings accounts for my investments. And I have tools to look after myself and my future. I don't only Drent of being able to invest. I never actually truly thought I was capable of doing myself and thought that I would need a financial advisor to do it for me, which a I couldn't afford. And B found that the thought of putting my life in someone else's hands really disempowering.

Now I have so much more confidence as a woman. And this confidence has trickled into so many areas of my life after this. I believe everyone is capable and deserves the right to invest and take charge of themselves and their future. Like how awesome is that? That this is what I mean when I say, when you change one thing in one area of your life, like she just, that's why I had to read that because she sums it up. So damn well when she talks about how the confidence trickles in to so many other areas of her life, like increasing your income and then changing from being a negative in your account, like what, just by changing one area. And this happens in so many parts of our life to new, and you kind of start changing your diet and you start eating different foods, you feel healthier.

So you kind of want to go and work out more because you feel better like about your body. And then because you feel better, you start drinking more water and you start drinking less alcohol. And it becomes like that snowball effect. And the exact same thing happens with your money. Like that moment that you asked for a raise and things change, it starts changing so many areas of your life. The moment you start investing, you start going, hold on a minute. Why did I spend so long thinking I couldn't do this? Like, why did I spend all this time thinking that someone else was better at it than me? Like, this is what I mean. When we step into our power, it affects our finances. I know it's a big one, but truly the biggest part of stepping into our power is taking action. And it's kind of like feeling that fear, like living in that fear and that uncomfortability, is that a word?

I don't know, I'm going to claim it, living in that and just like, kind of doing it because that's just what it takes, right? Like how else do you get there? But taking that first step, like, it's funny about the word empower, like it's about giving the authority or the power to do something, but the only way for you to empower yourself is to give yourself the power just by taking action. Like, that's kind of what you have to do. And I know it's like that old saying that old adage of, Oh, you just have to do it. It's like, you know, literally like, like just do it and just get a bed. And like, even Mel Robbins with her five second rule book, she's as brilliantly, like you've got five seconds to basically do it, whatever it is, that thing that you're freaking out about, that thing that you don't want to do, that thing that is stopping you, like if it's lying in and you've got to get out for the gym, you count to five, five, four, three, two, one.

And the rule is on when you hit one, you just have to get up. Like, and the interesting thing about that is there's a psychology around counting backwards. It means that our brain can't interrupt us with excuses and reasons and things that'll stop us from doing it because we have to actively think about counting backwards. So counting from five to one backwards means that you don't have time and you don't have the brain process to come up with all the reasons. Why not, why the fear, why, you know, you don't want to get about why it's cold, why you're scared. And I like, I get it. There are things that so many people are so scared of when it comes to money and investing and, you know, even asking for a raise and getting a note and putting yourself out there. Like I get it.

I know, like, I know what it feels like, but you've just got to do it, right? Because if you're in this place that you are now with the worry and anxiety and thinking that maybe, and feeling stuck or feeling well, even what's worse, feeling comfortable. I don't know. Waiting is not going to get you there. Like you just have to bite the bullet and do it. Like you've got to get out of debt. You've got to stop feeling stuck. You gonna start feeling scared and confused and intimidated and overwhelmed. Like it just takes you deciding to not feel that way anymore. Like it's takes you deciding that enough is enough and it's time to change because I firmly believe that the most powerful person to take control of your money is you like seriously, there's no other better person than you like. I'm serious. I really believe that after having super deep insight about the financial world and the industry and what goes on, trust me when I say you are the most powerful person, alright, babe, with that, I'm going to leave you to go and do something powerful to go and step into your power own how awesome and incredible and freaking amazing you are and take that and change something in your life.

Get uncomfortable. Like who cares? It's a moment in time, right? And tomorrow it's a new day. Now, if you want to know more about what Gabby's doing, then just go to go dot [inaudible] dot com. She is one of the members and she's part of the investing bootcamp program. I'd love to have you part of it because seriously, these women are changing the game. All right, until next time, see you, then make sure you step into your power.