She Strengthens

Taking Control of My Financial Future

As a self-employed individual with multiple LLCs and a drawer full of 1099s, I’ve come to realize the importance of surrounding myself with experts who can guide me towards financial maturity. My new accountant, recommended by a friend in my industry, has been a game-changer. With his specialization in handling complex income streams and expense receipts, I feel more confident than ever about my financial decisions.

The Fear of Admitting Ignorance

However, navigating the world of self-employment has also forced me to confront my deep-seated fear of admitting what I don’t know. Those three words – “I don’t know” – make me feel like a child who’s been left behind. In the past, I tried to fake my way through conversations, terrified of being judged as naive or incompetent. But I’ve learned that this approach only leads to bad decisions and a lack of understanding.

The Power of Asking Questions

It took me months of humbling experiences and exposure to smarter financial people to realize that admitting ignorance is not only okay but necessary. By asking questions and seeking guidance, I’ve been able to take control of my financial life and make informed decisions. I’ve also learned to accept that I don’t have all the answers, and that it’s okay to rely on others for advice and support.

Overcoming Pride and Shame

For women, in particular, admitting ignorance can feel like an indictment of our upbringing and background. We often imagine ourselves as being less informed than our peers, and this fear can hold us back from seeking help. But the truth is, financial literacy is a skill that can be learned, and asking questions is a sign of maturity and sensibility.

A New Approach

Recently, I had to confront my fears when my accountant’s receptionist asked me two questions that I didn’t know the answer to. I could have faked it or avoided the conversation, but instead, I chose to admit my ignorance and seek clarification. It wasn’t easy, but it was liberating. By taking ownership of my financial education, I’ve been able to break free from the shame and pride that once held me back.

Moving Forward

As I continue on this journey of financial self-discovery, I’m committed to asking questions, seeking guidance, and embracing my ignorance. I know that I’ll make mistakes along the way, but I’m willing to learn from them and move forward. By taking control of my financial future, I’m taking control of my life.