Does the LGBTQ community lack money confidence?
Are you following all the traditional money advice but feeling stuck? The missing piece could be money confidence, a mindset that is critical to financial success. How do you get this trust? How does this relate to your ability to make money? How might a coach mentor LGBTQ people?
Meet Jen Hemphill, Money Confidence Coach
Jen Hemphill is an accredited financial advisor and host of the Her Money Matters podcast, a show dedicated to practical money insights. Jenn works with clients as a money confidence coach, helping them do the inner work necessary to spend more consciously and take back ownership of their financial lives. She is also the author of Your Money Matters: The Missing Truths in Traditional Money Advice.
Keep listening to Jen Queer money™:
Jen explains what sets her apart as a money confidence coach and shares her holistic approach to supporting clients on their financial journey. She defines what it means to have that confidence and offers advice on spending consciously. Jen shares some simple strategies for gaining confidence and explains how celebrating financial success provides an instant boost. Listen to Jen’s insights into determining your spending values and learn how Your money is important can help you build that all-important money confidence!
Topics covered
What sets Jen apart as a money coach
- Holistic approach
- Focus on money confidence
What it means to have money confidence
- First step to financial security
- Get through difficult moments on the journey
How a Money Confidence Coach Could Help the LGBTQ Community
- Identify strengths and weaknesses around spending
- Discover education and its role in the history of money
The connection between trust and profit
- It is not enough to give a voice to inequality issues
- Must do inner work to gain confidence in his abilities
- Set the tone, set an example for the entire community
Jen’s advice on spending consciously
- Define financial priorities and goals
- Spend in line with values
- Leave room for “feeling of guilt”
Jen’s first steps to gaining money confidence
- Celebrate monetary wins
- Talk about money
- Surround yourself with people who have financial confidence
Jen’s components of money trust
- Clarity of financial picture
- Sense of purpose
- Know the money accounted for
How to determine your values around spending
- View bank and credit card statements
- Find recurring themes and ask WHY
- Weekly check-in and reflection
The impetus for Jen’s book, Your money is important
- Followed traditional money advice but felt stuck
- Focus on mindset and self-care for a holistic approach
- Aimed at women, but aimed at anyone who feels stuck