Jen is a mom, wife, mentor, money coach, and a successful entrepreneur. She's been featured in popular sites like Forbes and is the host of Her Money Matters & Su Dinero Importa Podcast. She teaches others how to reach their best life while not letting money be an obstacle.
Your money story is your experience and is something that you have to acknowledge. Part of my story was a robbery that I’d encountered with my family when we were in Colombia.
The other part of my story was hearing over and over again “We don’t have the money, we can’t afford it.” When you acknowledge your money stories you’re setting yourself up for success–knowing where the root cause of your financial setbacks.
What happens often is that we don’t acknowledge our money stories or the importance of them. That’s why we repeat some cycles of money that don’t serve us. For me, a lot of it was around the mindset, and why I can’t afford something. Seeing there was a lack of money in my family growing up, I knew I’d want to be in a better position when I got older.
When I was a little girl actually I’d wanted to be a professional dancer and wasn’t thinking about entrepreneurship. The desire for entrepreneurship grew as we moved a lot and was trying to figure out what I’d wanted to do with my life.
As a military spouse, there were some things that were very important to me. I’d wanted to be a stay-at-home mom but also have a career.
I grew up in a household where both my parents worked a ton. I was that latchkey kid that came home on their own and hardly saw their parents. So for me being a stay-at-home mom while having a career was very important to me.
And, because we moved a lot having a regular 9-5 job wasn’t probable for me.
Well, for me, yes and no.
My dad is actually Caucasian being a six-foot man with red hair and blue eyes, so he stood out. Depending on who I was with I was viewed as Latina. But, sometimes when I’d be around other Latinos I was not viewed as Latina–because I’m part white, I was automatically white to them.
So it’s kind of it’s been the two sides of the coin. To overcome this, I don’t pay attention to these comments. I just do what I do and cause I can’t control that, right?
I’ve been fortunate because of my personality and being an entrepreneur that I haven’t had huge obstacles other Latina women face. I wasn’t in a 9-5 job long because after quickly getting into the corporate world, I’d met my husband and got married. I didn’t get to get enough experience to have those challenges other Latinas face.
I would say coaching mentorship because I’m a stubborn person. I always think I can figure it out on my own. But, you can only see what you see and sometimes with some foggy lenses. I think it’s important to invest in yourself and have someone to coach you in business or for self-improvement.
For example, if you’d had a bad week that’s going to really take up a lot of mind space and wouldn’t allow you to clearly see what your finances look like. By having an outside person looking at your finances you’d get a better perspective.
For some donations. Also being that my son is getting ready to start college I’d spend money on having someone help him with filling out college applications, prepping for university scholarships, etc.
When you feel hopeless, you have to know that you are doing some things right. So, challenge yourself with figuring out what fantastic things have you done with your money–what your money powers are. That’s where I would start, ’cause doing this, will boost your financial confidence and notice that you’re in a better spot than you’d previously thought.
It means having choices and direction to that you yourself can make–ones you are in control of. But in order to have these choices, you have to manage your money well.
Chris writes personal finance and productivity articles for software companies. He gets fresh ideas through continuously investing in himself and interviewing successful entrepreneurs.