by Elizabeth Berry · 20 May 2020 · 6 min read
Holistic wealth is about creating the circumstances in your life that allows you to be resilient and resourceful. I love these two words – because they embody what I want for all women – the ability to bounce back from life-altering setbacks and the ability to create and leverage resources to be financially independent. In my new book Holistic Wealth: 32 Life Lessons to Help You Find Purpose, Prosperity and Happiness, there's a whole section of the book filled with advice on how to achieve financial freedom.
Women, more than men, doubt their abilities to make financial decisions. But why?
When I first started out modeling, I was 20, driving a 1996 Honda Accord, and had $400 to my name.
Amidst a global pandemic and growing research which suggests women are severely affected by COVID-19, it's an opportunity to make big strides in our effort to address larger societal issues such as equality and justice, reproductive rights, poverty and domestic issues like financial abuse, as well as income security and retirement. It is estimated that 46% of women are "not too confident" or "not at all confident" about their ability to live comfortably after retirement, compared to only 31% of men who feel that way.
Not to prematurely declare the current public health and economic emergencies over (because it's not), but the reopening of some businesses this summer presents a good time for many of us to reflect on our finances. It's a practice we self-reliant women should be doing all the time anyway, and now there is a unique opportunity to assess and learn. With four grueling months of health scares, social distancing, and financial instability, let's look at how we did...
Earlier this year, the Coronavirus Aid, Relief, and Economics Security (CARES) Act was signed by President Trump in order to provide emergency assistance and healthcare response to individuals, families, and businesses that were affected by the COVID-19 pandemic. The Small Business Administration (SBA) was given the funding and authority to modify existing loan programs to assist small businesses nationwide.