Gaining financial freedom is something that everyone thrives for. This would be difficult if you’re still leaving paycheck to paycheck.
If you think you can leave your job for about six months without missing the money then you are in a good position to start something worthwhile.
I was surfing the web and discovered some nice and thoughful quotes by women successful entrepreneurs. It’s quite worthwhile to share with you what some of these women CEOs and founders of companies think about money.
1. “Set up an automatic transfer to a savings account NOT connected to your everyday bank. The less you see it, the less likely you are to touch it.”
—Ali Brown, founder and CEO,Elevate and Ali International LLC
2. “If you wouldn’t buy it at full price, don’t buy it just because it’s on sale. Everyone has a closetful of ‘great buys’ that are actually never-worn busts.”
—Tory Johnson, author; founder and CEO, Women for Hire
3. “Educate yourself about tax savings vehicles, like flex spending accounts that you can use for health care expenses or child care. Using pretax dollars on things like dentist visits and daytime babysitting can save you thousands of dollars a year.”
—Allyson Downey, founder and CEO, weeSpring
4. “Save 10 percent always.”
Carrie Hammer,
founder, CarrieHammer.com
5. “When I launched my consultancy, the best advice I received: Don’t hoard revenue. Hire freelancers to do almost everything so you can remain visible and continue developing business and your pipeline.”
—Susan McPherson, founder and CEO, McPherson Strategies
5. “Facing a mound of debt, I learned the power of a budget via envelopes of cash divided with Post-it notes.
The boundaries those Post-it notes set around my spending that initially felt so constraining became liberating because I knew exactly what I could and couldn’t do.
In three years I slammed down $30,000 of debt to start with a clean slate. Budgets help you claim back your power.”
—Chrysula Winegar, founder, Wake Up World Communications
6. “Whatever you’re doing/running/building/growing, set out to make a ton of money, and feel perfectly OK about doing that. As women we don’t get taken seriously until we get taken seriously financially. The more money you make, the more we all benefit.”
—Cindy Gallop, founder and CEO, If We Ran the World and Make Love Not Porn
7. “Negotiate. Accepting the first offer they make puts you in a weak position from the beginning of any new opportunity and causes your boss to doubt your ability to negotiate on behalf of your team in higher-risk situations going forward.”
— Kate Gardiner, audience engagement strategist
8. “Always remember that you’re responsible for your own life, economically and in every other way. Never depend on anyone else in ways you couldn’t recover from if circumstances change, because life is full of surprises!”
—Leslie Bennetts, journalist; author of The Feminine Mistake
Conclusion
I believe that those quotes resonates with you. Study them carefully and apply them to your financial life. Let me know your thoughts at the comment section.
