Summary: “Nice Girls Don’t Get Rich” by Lois P Frankel

Summary of "Nice Girls Don’t Get Rich" 75 Avoidable Mistakes Women Make with Money by Lois P. Frankel • Women have a complex relationship with wealth. Many “feminine” traits can keep a woman from thriving financially. • Many women do not become wealthy because of childhood perceptions, cultural pressures and money-management mistakes. • Put aside messages from childhood or society, and take hold of your financial life. • Out-of-control spending keeps many women financially insecure. • To understand how you handle money, consider how your same-sex parent did it. • To create wealth, stop spending mindlessly; start saving and investing wisely. • If you win, inherit or earn a large sum, make wise choices, plan your savings and charitable giving, and spend a small percentage as you wish. • To create long-lasting wealth, actively take care of your assets and yourself. • Enhance your job and relationships by asking for what you want in terms of finances. • Don’t give yourself or your time away for free; give of yourself with intention and purpose, not out of guilt or obligation. Disclaimer - Video is for educational purpose only. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use.