The first step in using money wisely is to understand the true nature of money. Most people think of money in terms of purchasing power. They believe that if they have a lot of money, they will be able to buy whatever they want. But this is not so.
The value of money is determined by its purchasing power, but the amount of money we have determines how much purchasing power we can command. And while we may desire to have more than enough money to meet our needs, the fact is that it is not how much money you have but how you use it that matters most in determining your level of happiness and success.
In this episode of His and Her Money Show, we are joined by Kathryn Tuggle, the Founding Partner and CCO of Hermoney and the Co-Author of the book: How To Money, to talk about how we can use money correctly.
Kathryn talks about the story behind the book: How To Money, how she learned about money in her teenage years, the impact of social media on our financial decisions, and the common things that people get wrong when they begin their journey to using money the right way. She also shares some insights on how women can advocate for themselves. Tune in to learn more!
What You Will Learn
- Kathryn Tuggle’s background information
- How Kathryn learned about money in her teenage years
- The impact of social media on our financial decisions
- Advice on when and why we need financial planners
- The pay gap for women
- Tips to know the salary scale of our skills and what we do
- The ways women can advocate for themselves
- The common things that people get wrong when they begin their journey to using money the right way
- Overcoming fear in our journey to using money properly
- The piece of advice Kathryn would give to her younger self
Resources Mentioned
Connect with Kathryn Tuggle
- Website: hermoney.com
- Facebook: HerMoney | Facebook
- Instagram: HerMoney (@hermoneymedia)
- Twitter: HerMoney (@HerMoneyMedia) / Twitter
- LinkedIn: LinkedIn
