Episode #189: Building Wealth And Financial Confidence
Join us today as Colleen Interview’s Tess Waresmith on Take the Leap. In this episode, we dive deep into the often-overlooked topic of women and investing, and Tess shares her inspiring journey from losing $80K in a bad investment to building her net worth to over a million dollars as a single woman.
Here are three key takeaways from our conversation that I believe every woman (and man!) should hear:
- Financial Education is Empowering: Tess emphasizes that most of us didn’t receive a proper financial education growing up. This lack of knowledge can lead to feelings of shame and inadequacy when it comes to managing our money. However, Tess encourages us to take responsibility for our financial education. By learning the basics of investing, we can make informed decisions that will positively impact our financial futures. Remember, nobody cares about your money more than you do!
- Investing is Accessible: One of the biggest misconceptions is that investing is complicated and only for the financially savvy. Tess breaks this myth by explaining that you don’t need to be an expert to start investing. Just like learning to drive a car, you only need to understand the basics to get started. Tess offers simple, digestible programs that can help anyone, regardless of their financial background, learn how to make their money work for them.
- Start Small, Think Big: Many people hesitate to invest because they believe they need a large sum of money to start. Tess reassures us that even starting with a small amount, like $100 a month, can lead to significant growth over time thanks to the power of compound interest. It’s not about how much you start with; it’s about starting the journey and being consistent.
I encourage you to listen to this episode and gain insights that could transform your relationship with money. Whether you’re just starting out or looking to refine your investment strategy, Tess’s wisdom is invaluable.
To connect with today’s guest:Tess Waresmith
Instagram – https://www.instagram.com/wealthwithtess/
Savvy Investor Starter Pack for Female Founders – https://www.moneyconfidentcoach.com/savvyaf?utm_source=partner&utm_medium=podcast&utm_campaign=colleen
To connect with the host: Colleen Biggs
https://colleenbiggs.net/ Consider Colleen to speak at your next event or host your next Business retreat!
Join the Leap Community so you can Step Into the Spotlight, be seen, be heard and be visible today! https://colleenbiggs.net/community/
Subscribe to our podcast for more amazing episodes https://podcasts.apple.com/us/podcast/take-the-leap/id15033595
Join us for the NEXT Empower & Elevate Conference November 15th https://colleenbiggs.net/empower/
Thank you to our Sponsor of today’s show: Peacefull Living
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