Danielle Howard
Danielle Howard

It doesn’t matter what her net worth is. Even if she has a million dollars sitting in the bank, there is a disheveled old lady, pushing a cart of her belongings lurking in the shadows of her future mindset. Women have a strong need for financial security, and this emotional phenomenon is so common in middle-age ladies that back in the ’70s it was officially coined the “bag lady syndrome.”

As I pack my lunch, put my laptop in its bag, toss my workout clothes in a duffel, grab my purse and head out the door, I say embrace your inner bag lady, empower yourself and enhance your monetary experience.

What financial emotional baggage do you need to let go of? Are there money messages from your past that no longer serve you? Did you experience something or has someone in your life had a negative financial impact on your psyche? It may be “I don’t understand finances,” “the man in my life has always taken care of that,” “there is never enough,” or “I did what I was supposed to do, and it didn’t work out.” What negative monetary message scrolls through your head? It is OK to recognize it as unhealthy baggage, unpack it, feel its impact on you, and then let it go.

Next, what do you need to do to repack a different message? Try this: “Up until now, I believed _________, but moving forward, I am going to _________. It may be read a book, take a class, join an accountability group, find a financial advisor or coach, or start some positive affirmations.

What financial emotional baggage…