5 Reasons More Women Are Not Financially Fit


Sara Chevere



No one takes from another person if they get rich or wealthy. Therefore, why are some smart, amazing, hard-working, and go-getter women not financially wealthy? Money is a resource and there is plenty for everyone.

Here are five reasons why some women are not financially wealthy and how we can change this.

1.    Her Priorities Are Off

I know that motherhood has big responsibilities and it requires time. This can affect our careers. But at the same time, there are plenty of women who are super successful who have kids and business responsibilities who have attracted wealth into their lives (Sheryl Sandberg, COO of Facebook; Shonda Rhimes, TV Producer and Writer).

You should know where to put your time, energy, and thoughts. Stop for a moment and ask yourself, what do you need to do to become financially wealthy and free? What sacrifices are you willing to make to reach your dreams and goals? Most importantly, you need to know your responsibility as a woman.

2.    She Is Afraid of Finances

A lot of women would rather delegate the finances to their significant other. This is a huge mistake. What would you do if something happened to that person? Are you prepared to take over?

As women, we need to be transparent and be ready for unexpected events or circumstances. If you are in a relationship, remember that it is both of your duties to know what is going on financially and be prepared for the future. If you are single, it is your responsibility to know where you stand when it comes to your finances.

3.    She Doesn’t Have a Budget and a Plan

The budget and plan are very important. If you don’t know where you are going, you are going to end up somewhere else. Monitor your expenses. It is important to know where your money is going on a monthly basis. Each month your budget is going to be different due to seasonal charges that you don’t pay monthly. By knowing where your money goes monthly, it allows you to allocate money first to what is most important, which is saving for the future.

4.    She Is Her Worst Enemy

You are the best teacher of yourself. One thing that tends to hold women back is they tell themselves they cannot do this or that. She has adopted that story and, therefore, it has stopped her from growing and achieving what she is capable of.

Drop the money story you’ve been telling yourself and other people. Only you believe it. Start taking responsibility for where are you spending your money and why you are not where you should be. It is not about what happened to you in the past, but what you can do for yourself from now on.

5.    She Lacks Financial Literacy

It’s not your fault. We were not taught in school how to manage our finances. Also, Financial Advisors don’t want you to learn either, as they want you to pay them to manage your money.

But you don’t have to stay financially illiterate. There are plenty of resources available. Also, that is what I am here for, to teach you Money 101 and Money 102.

Remember, “Financial education is the path to freedom.”


Sara Chevere is the Creator and Founder of The Financially Fit Women.  She helps women, couples, and entrepreneurs to become financially fit by teaching them about money.  Sara has been in the Finance and Mortgage Industry for over 17 years.  She loves to talk about money, and her mission is to educate and empower you to have the confidence to achieve financial freedom.
“Financial Education is The Path to Freedom” – Sara Chevere

Would love to hear from you. Please leave a comment ...


Subscribe Now

Interest in Becoming a contributor? Click here

Thank you!

Your message has been sent. We'll contact you shortly

[ link to the free bilty link ]

Follow us