Golden Girl Finance

GoldenGirlFinance.ca is a thoroughly modern, free online financial resource for women in Canada today. Born out of the notion that too many smart women let their financial situation be ignored, swept under the rug, or dictated by others, GoldenGirlFinance.ca is rebranding finance with a feminine spin to engage women of all ages to take a greater interest—and play a greater role—in those financial issues that affect their everyday lives and financial futures.
Mamisma: Do you have it?
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From mama bears to mama birds, the instinctual ferocity of a mother to protect her young extends to every species. Mothers are hard-wired to protect and rescue their babies, fend off predators and provide a nurturing home environment. Fathers of course, have their own instinctual drives to provide and care for their families, and it is predominantly male attributes that have shaped the world’s businesses and governments. Throughout the women’s movements of the 1960s and 70s, women often took on ‘male traits’ to be successful in a ‘man’s world’. In today’s post-feminist world, however, we see women rising to the top on the merits of their own very female traits.

We’re talking about ‘mamisma’—female strength, resilience and grace under pressure. It’s kind of like machismo, only driven by a female instinct for getting things done in a collaborative, supportive, compassionate manner. Many politicians today bring their mamisma to the table. Angela Merkel, Chancellor of Germany, is one of the most respected leaders trying to calmly steer the Eurozone out of its debt troubles. Thailand, Argentina, Brazil, Peru, Costa Rica, Australia, India, Ireland, Croatia, Iceland and Finland are all countries that currently have female presidents or prime ministers who are leading with their mamisma.

Here in Canada, Dr. Samantha Nutt—co-founder and Executive Director of War Child Canada—exemplifies mamisma in action as one of the country’s most prominent anti-war activists. Dr. Nutt has worked in some of the world’s most violent war zones, providing hands-on help to women and children. She also works at Women’s College Hospital in Toronto and at the University of Toronto in the Department of Family and Community Medicine. Named by Time Magazine as one of Canada’s Five Leading Activists, by the World Economic Forum as one of 200 top young global leaders, and by The Globe and Mail as one of Canada’s Top 100 Most Powerful Women, the 41-year old Dr. Nutt was recently appointed to the Order of Canada.

So, how can we apply our own mamisma to our roles at work? What are the mamisma traits that make a female leader exceptional? Here are a few tips.

  1. Think of your legacy. Business writer Harriet Rubin was the first to coin the term mamisma and she spoke of the urge to protect and provide for future generations. The same way a mother wants her kids to grow up with all the opportunities for a bright future, a strong female leader thinks beyond the immediate gratification of short-term returns and creates results that have a lasting positive impact on the community and the planet.
  2. Be brave and stick to your vision. Mothers are used to being criticized as ‘crazy’ by their kids, but guess who always turns out to be right? Architect Zaha Hadid was rejected by many clients in her early career, as her designs were thought of as too ‘out there’. Yet today she wins awards and high-profile commissions around the world for the same innovation and creativity that always inspired her. In 2008, at the age of 58, Hadid was named to Forbes’ list of the most powerful women and in 2010, at the age of 60, she was named as one of the world’s most influential thinkers by both Time and New Statesman magazines.
  3. Grow into your power—physically and spiritually. Maturity breeds confidence and women in particular grow in confidence as they get older and learn to trust their wisdom. While men tend to weaken with age, many women become physically stauncher (hello Ms. Obama’s biceps!). Our roles as caregivers evolve and we age more slowly, outliving men by an average of three to five years. As broadcaster Andy Rooney said, “By the age of 50, few women are wishy-washy. About anything. Thank God!”
  4. Express yourself. The motherly combination of power, compassion and unconditional love is universally attractive. Many men throughout history have balanced their power by recognizing the roles their wives play (think Eva Peron, Eleanor Roosevelt and Michelle Obama) in representing and communicating the caring maternal qualities of their leadership. Today, female leaders are uniquely qualified to convey that balance of sharp intuition and gentle nurturing—not as a helpmate, but in their own right.
  5. Let the love shine through! Chilean author Isabel Allende calls mamisma, “the wild mother energy; the passionate, loving energy of the mother. It is love at its very best – warm and reassuring.” Being generous, helpful and kind to the people around you makes you feel good as a person and spreads the positive energy throughout your team and to the world beyond.
  6. The world needs more mothers

    Whether you have children or not, you are blessed with the inner female instincts that can equip you to become a powerful mama-bear, among your friends, colleagues and community. We are fortunate to live in a world today where people of all nations are celebrating the virtues of womanhood and using mamisma to make the world a better place. Now get out there and let’s hear you roar!

     

    Comments (0) | Tagged under mom, money, business
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30% of women blame this for a lack of sleep
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Insomnia is the worst. Why is it that everything seems way scarier and more stressful in the middle of the night? Trying to turn those thoughts off can be impossible when you’re tossing and turning, viciously aware of the dwindling hours between you and the sound of the morning alarm.

According to a survey by website Manilla.com, the number one answer among women of “what keeps you up at night?” is financial worries. That’s right—30 percent of women said money stress is keeping them up at night.

Next to money, work stress and ‘to-do lists’ are the second-most common reasons for insomnia among women; 18 percent of women blamed these for keeping them awake.

Nothing keeps men awake
Interestingly (or perhaps frighteningly), the number one factor keeping men up at night is ‘nothing’—as cited by 35 percent of men. We presume this means these men are enjoying peaceful and untroubled sleep. Or perhaps ‘nothing’ means: “As if I would tell a survey what keeps me awake at night! Nothing scares me, of course!”

Organizing makes us happy
According to the survey, disorganization and clutter are driving more women crazy than men (surprise, surprise—not). In fact, 73 percent of women claim they are frustrated by household disorganization, 38 percent of women complain about the waste of paper mail and 32 percent complain of the clutter. By comparison, fewer men (59 percent) complain that they are similarly frustrated.

Apparently, 50 percent of women and 41 percent of men feel relaxed when they are organized. Indeed, 41 percent and 37 percent feel downright happy as a result. (We concur!)

Gender parity
Whether you are extremely organized…or not, one survey finding is none too surprising: half of women and half of men surveyed say they forgot to pay at least one bill over the past year. Uh oh…

Tips to quell the chaos
Here are a few ways you can get your household finances more organized:

  • Pay bills by credit card – Most utility companies and service providers are all-too happy to take down your credit card information so they can automatically bill you each month. This means you don’t have to remember to pay them, but you must check your statements once a month to make sure nothing is amiss. (And don’t forget to pay your credit card bill on time and in full please!)
  • Everything in its place – If you receive statements and bills via snail mail, make sure you immediately plop them into one consolidated filing spot—a drawer or folder solely for current bills. As you pay each bill, move it into a different folder specifically for paid bills and receipts—or recycle, or shred.
  • Take a meeting – In a busy household, it’s important to sit down together once a month and compare notes on what got paid and what was owed on each bill. This helps a couple to communicate about money so you can both feel comfortable that the financial situation is under control. (It also helps you find out quickly if you both paid the phone bill this month!)
  • Track it – Spreadsheets: you either love them or hate them, but they can simplify your life. Each month, jot down how much you paid for each bill in an ongoing spreadsheet. This helps you to compare month to month costs, so you can readily spot whether your phone bill is incrementally rising with the age of your teenage daughters.

Yoda and sleep
As Yoda said, “Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering.” It’s usually an element of fear (and avoidance of fear) that leads you to toss unopened bills aside and not make them a priority. And then you get angry with yourself when you can’t find the bills, or forget to pay them and you end up paying more in late fees and credit card interest. Which in turn makes you hate the service provider. And you suffer by not sleeping at night, wondering which utility you forgot to pay. (It’s all so complicated!)

The solution: by keeping your finances organized and up to date, not only will you avoid the dark side (i.e. chaos and disorganization), you will have a much better chance of sleeping at night.

And with that—sleep tight!

 

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