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10 Reasons Women Fail to Grow Wealth – Part #2, with Dr. Deborah Ekstrom

Episode 140

This show is the second of three episodes on The 10 Reasons Women Fail to Grow Wealth, hosted by Dr. Deborah K. Ekstrom, Founder, and CEO of Money Loves Women. In addition to her work with Money Loves Women, Dr. Ekstrom is a sought-after plastic surgeon with 33 years of experience. 

Last year, only 56 women were on the Forbes 400 wealthiest people of the year. That number should be at least 200. You don't have to be a billionaire to be considered wealthy. Wealth is relative. But what are women's common mindset slip-ups that prevent them from acquiring and sustaining wealth? 

In Part 1 of this series, Dr. Ekstrom discussed the first three archetypes of women who fail with money: comfort seekers, perfectionists, and avoiders. In this episode, Dr. Ekstrom discusses traits four, five, and six: a lack of money confidence, the habit of negative expectations, and wishful thinking. Lacking money confidence may prevent women from achieving financial stability, as they often fail to see their role in manifesting money. Women who have a habit of negative thinking reap what they sow, living a self-fulfilling prophecy. Women who are wishful thinkers expect someone else to come in and save the day while they drift along in a mediocre, unfulfilled life and fail to even see their financial potential, let alone build any lasting wealth. 

The good news? All of the traits discussed in this series are rooted in fear-based thinking. They can be overcome through disciplined reflection, self-improvement, and a change in mindset. 

Tune in next week for Part 3 of this mindset-changing series.

Topics Discussed:

  • Acquiring wealth
  • Common money mistakes women make
  • Money confidence
  • Wishful thinking
  • Money mindsets
  • Fear-based thinking


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