Welcome to the Money Maven's Financial Blog

Money Maven Blog by Sheryl Sutherland, Authorised Financial Adviser and Director of The Financial Strategies Group

Thursday, 15 January 2015

Who's Counting?

Lessons from Secret Millionaires Eugenia Dodson grew up on a Minnesota farm, the daughter of poor Swedish immigrants. Her childhood poverty affected her so profoundly that even in her old age, she refused to replace a stove with only one working burner — even though by then she was worth tens of millions of dollars. Dodson, who left nearly $36 million to the University of Miami when she died in 2005 at age 100, is just one of many secretly...

Womenomics

Women in business is not a 21st invention - we need to celebrate those who came before us. For example: Madame Clicquot Ponsardin The first woman to run a champagne house — and she did a damn good job. Madame Clicquot, as she later became known, fashioned a new way of handling champagne that allowed the company to mass produce on a whole new level. A savvy businesswoman. Yes, the woman REINVENTED rosé. Rebecca Lukens The quintessential...

Musings & Amusings

Have just read the Athena Doctrine. Looking forward to observing wisdom and fairness from our business leaders and governments. We live in a world that’s increasingly social, interdependent and transparent. And in this world, feminine values are ascendant. As John Gerzema and Michael D’Antonio’s proprietary survey of 64,000 people around the world shows, traditionally feminine leadership and values are now more popular than the macho paradigm...

Tuesday, 13 January 2015

Why?

Why are Iranian hard-liners once again setting their sights on women? Some 2,000 Iranian women and men demonstrated last week  in the city of Isfahan, and others gathered before the parliament building in Tehran, to protest a series of acid attacks on women and to demand government action. The acid attacks, which have resulted in blindness, facial disfigurement and at least one death, coincided with the introduction...

Everyday Money

7 Warning Signs You're in Financial Trouble You Have No Idea How Much Money Is in the Bank The signs: You use your debit card freely and thoughtlessly, assuming you have money in the bank — but you’re not always right. You rack up overdraft fees on a regular basis.  The problem: Living in La La Land will land you in Never Never Land — as in never going to achieve your financial goals. Besides, you are potentially wasting...

Finances & Investments

Emotions and finances seem like oil and water. We logically write out a budget and make plans and then our emotions (such as fear, guilt, shame, etc.) can take over and cause us to stray. It makes many of us want to throw in the towel. We blame and berate ourselves. Stop the Blame Game Money may be concrete but it can wreak havoc on our emotions. People feel their money reflects their self-worth. If we manage our money well, we feel we’ll be...