To mark the tip of this 12 months’s Ladies’s Historical past Month, Claudia Arnold-Sawaf was not too long ago featured on the “Journey To June” Podcast with Wendy Posillico. Beneath is a synopsis of the dialog and a hyperlink to listen to the total story.
“In honor of the tip of Ladies’s Historical past Month, I needed to have my pricey pal Claudia on the present. Claudia and her staff members at Mission Wealth are the right examples of a lady shifting the way in which folks strategy the dialog about cash. As Companion and Shopper Advisor, Claudia shares her journey round cash as a toddler and the way it shifted via the years to form her into the advisor she is right this moment.” — Wendy Posillico
Hearken to the Full Journey to June Podcast with Claudia Arnold-Sawaf
Why Ought to Ladies Spend money on Monetary Recommendation?
![Claudia and Daughter Nadia in DC](https://missionwealth.com/wp-content/uploads/2023/03/Claudia-and-Daughter-Nadia-in-DC-300x225.jpg)
Claudia and her daughter, Nadia
Ladies, like all people, can profit from working with a monetary advisor to assist them handle their funds and plan for his or her future. Nonetheless, there are a couple of particular explanation why ladies could significantly profit from working with a monetary advisor:
- Ladies usually face distinctive monetary challenges: Ladies could have totally different monetary priorities and challenges than males, corresponding to incomes much less on common, taking profession breaks to care for kids or aged dad and mom, and residing longer than males. A monetary advisor may also help ladies navigate these challenges and create a monetary plan that addresses their distinctive wants.
- Ladies could lack confidence of their monetary information: Research have proven that girls could have much less confidence of their monetary information than males, even after they have comparable ranges of monetary literacy. Nonetheless, the business and the usual of data are altering! Living proof, this New York Occasions Bestseller, “The Confidence Code”, was written as an awesome useful resource by Katty Kay and Claire Shipman.
- Ladies could profit from a special strategy to monetary planning: Some research have recommended that girls could desire a collaborative and holistic strategy to monetary planning, which takes into consideration their values and life targets. Via our complete and Inspired Living™ lenses, Mission Wealth may also help ladies create a personalised monetary plan that aligns with their values and helps them obtain their targets.
General, working with a monetary advisor will be useful for anybody, no matter gender. Nonetheless, given the distinctive challenges that girls could face with regards to funds, a monetary advisor will be significantly useful in aiding ladies to attain their monetary targets. Mission Wealth feels honored to have the ability to match feminine traders with feminine advisors in the event that they request it. For extra on Women on a Mission, please go to our web site.
Claudia’s Ideas for Educating Youngsters About Cash
![Claudia and Daughter Leena in Vienna](https://missionwealth.com/wp-content/uploads/2023/03/Claudia-and-Daughter-Leena-in-Vienna-225x300.jpg)
Claudia and her daughter, Leena in Vienna
With two daughters myself, I discovered early on the worth of instructing the subsequent era concerning the significance of cash and the impression it has in your general well being.
Begin early: Educate your daughter about cash from a younger age. Introduce fundamental ideas corresponding to saving, budgeting, spending, and donating correctly via on a regular basis actions like grocery buying or establishing a piggy financial institution. When my daughter was little, she thought our cash got here from the “cash machine” or ATM!
Encourage saving: Assist your daughter perceive the worth of saving cash by encouraging her to avoid wasting a portion of any cash she receives, corresponding to allowance or birthday cash. You may as well incentivize saving by providing to match any cash she places right into a financial savings account. This teaches the worth of delayed gratification and the rewards of disciplined saving and investing.
Educate the significance of budgeting: Educate your daughter the best way to create a finances and follow it. Encourage her to prioritize her spending and take into consideration her wants and values vs. needs when making purchases. It will assist her develop good spending habits and keep away from pointless debt sooner or later. We’re following this precept as a household by sticking to our eating out finances, reserving eating places for particular events, and this additionally elevated our time (and expertise) within the kitchen.
Embody them in volunteering: The final however most vital tip is to incorporate your daughter in volunteer work in your neighborhood. In the present day’s social media world is all about look and creativeness. Giving them alternatives to commit and provides again to people who find themselves much less lucky is really the most effective methods to show the worth of cash. This expertise may even assist them develop empathy and compassion in direction of others, which is an important trait for constructing optimistic relationships and making a distinction on this planet.
Concerning the Journey to June Podcast
My pricey pal Wendy Posillico is the host of the Journey to June podcast. Wendy and I turned shut throughout our 2-year mentorship program with Roger Love referred to as Grasp Presenters. Roger has the distinctive present of attracting heart-based people who need to discover their voice. Wendy and I clicked instantly, and we’ve been in one another’s internal circle since 2018.
Wendy is a former professional athlete, single mother, transitional mindset coach, and the founding father of Live Your June. The Journey to June podcast is all about being intentional, disrupting your norm, instigating your soul, and making a daring, distinctive imprint that leaves a mark on future generations.
Wendy interviews individuals who chart the course, and who could appear bizarre however stay extraordinary lives. She’s now decided to highlight Soulstigators – people who find themselves daring, curious, brave, and desperate to stay their true selves in your Journey to June.
About Claudia Arnold-Sawaf, AIF®, ABFP™
![Claudia with two daughters Nadia and Leena](https://missionwealth.com/wp-content/uploads/2023/03/Claudia-with-two-daughters-Nadia-and-Leena-225x300.jpg)
Claudia together with her two daughters, Nadia and Leena
Claudia is a Companion at Mission Wealth and serves as a Shopper Advisor. On this course of, she turns into intimately acquainted with the precise life targets and monetary lives of shoppers after which delivers custom-made monetary and funding methods, asset safety, and tax planning options to help of their objective achievement.
Born and raised in Vienna, Austria, Claudia moved to California in 2000. Initially in international hospitality, Claudia has over 20 years of expertise in offering world-class service and private care to assist her shoppers obtain their visions and targets. As an Advisor at Mission Wealth, Claudia serves non-public wealth shoppers and personal foundations. She owned and operated her personal fiduciary planning apply till 2019 when she joined Mission Wealth to offer even better sources and a broader staff of consultants to her esteemed shoppers.
Personally, she enjoys touring. Particularly adventures together with her two daughters, outside actions in nature, Yoga, and plenty of studying, particularly round Self Growth. As she mentions above, philanthropy is a big ardour of Claudia and he or she continues to be concerned in not-for-profit neighborhood organizations and advocating for these much less lucky.