Men are vastly different from women in the way they think and act about virtually everything. Wealth is not different. Most men are generally not as easily persuaded as women. This is because women are generally more intuitive than men.. So if you’re fortunate to be the woman who first realizes the need to embrace the wealth creation journey, then you have the incredible opportunity to encourage your husband to come along. This was my situation.
From my personal experience, this may not be easy initially, but if you don’t give up and approach it patiently and wisely you will be glad you did. When the man is finally persuaded and ready, he may take the driver seat and help both of you to accelerate your journey . It is true that two are better than one, it even gets better if the second person is your spouse.
The question is why is it that most men do not embark on wealth creation journey? There are many reasons for this, but I will focus on five.
One, most men do not understand the difference between high income and wealth. High income will pay your bills and can make you comfortable, but Wealth will do the same and also outlast you
Two, most men are busy chasing an Income but not having time to create wealth. High income is an employee having a high paying job with great benefits, but Wealth is having financial freedom where you have enough passive income to care for all your needs for the rest of your life without the need for a 9-to-5 job.
Three, most men have the skill set to earn income and not the skill set to create Wealth . The skill set that you need to create wealth are beyond what your employer requires to work for him
Four, most men have the mindset to grow their income. and not the mindset to grow their wealth . That’s why a lot of them continue to pursue careers and certification for promotion which is great but in the long run may not make one wealthy. My husband and I have been there. Between both of us we have about 6 degrees with numerous certifications. At the end of the day we had to develop a different mindset to approach our wealth creation journey.
Five , like most women , quite a number of men do not know how money can work for them. They only know how to work for money. My husband and I have been there. Today, I do not claim to be an expert on money matters or to have arrived, still learning but certainly we are not where we used to be.
Six, a lot of men do not have access to financial role models
Lastly, some men are initially laid back until the light bulb finally lights up in their head on the subject of wealth creation.. One of the questions I am often asked by women is , “what do I do if I have a husband who doesn’t ever want to take any steps on financial literacy?”.
Unfortunately, there are several implications when a man does not take the driver seat on the financial issues or responsibility of the family. In this session, I would focus on five of them
One, men that focus just on earning and increasing income cannot build true lasting wealth
Two, such men can put the future of their wife and children at risk. There was a. Jewish man in the Bible after his death, the creditors requested for his two sons.. the man had worked very hard when he was alive; he had put all his labor in his spiritual wealth but did not build material wealth for his family. So he left his family’s finances and future in grave danger
Three, they miss the opportunity to create lasting wealth
Four, they leave little or no legacy behind them
Five, they miss the opportunity to impact the children with the knowledge they would have gained. You cannot give what you don’t have.
Six, they can perpetuate the vicious cycle of relying on paycheque. The children are likely to repeat what the father has done. Most fathers teach the children to go to school, get a good education so they can get a good job .
If you have a husband that needs to be encouraged to be on the wealth creation journey with you as a woman, the following tips will be very helpful to guide you on how to do this
One, you as a woman should be curious, and reading about wealth creation . You should be researching and robbing minds with other people who are already on the journey
Two, the woman should expose herself to people who have created wealth and be inspired through them . I remember a time when I met a gentleman of my own pigmentation who owned some real estate properties . It blew my mind because till then I was not aware that such was happening in my community as at that time. So it stirred my curiosity to research for that, and eventually I started talking to my husband about it. Like they say, today the rest is history.
Three , the woman should begin to talk to her husband and share what she learns about Wealth, but the woman should not nag her husband . The woman should be careful not to position it, as if she is comparing her husband to such people who have been successful in their wealth journey. This is unhealthy because men resent such comparison.
Four, the woman can interface the man with those who have been successful in real estate investments . She can take him to seminars, conferences, real estate networking, and events where the husband can be inspired by people ‘s success stories.
Five , the woman can organize one on one meeting between her husband and a potential mentor
Six , the wife can also get resources, books, CDs or links, videos of podcasts that the man can also watch and get inspiration from.
Men have great potential to be wealthy, and there’s no man who will truly know how to be wealthy and choose high income over being wealthy. The challenge is to encourage women to get to the point where the light bulb is turned on for the husband without stepping on the man’s sensitive ego. According to Jim Rohn, the voice of the human ego speaks to all of us, and I will add especially to men.
Truly I acknowledge it may not be an easy task.
However, if carefully handled and a woman is successful to get her husband to embark on the journey of wealth creation it will amaze her what that can do to her and her family future
As I conclude, I have shared with us reasons why some men do not embark on wealth creation, the implications and how men can take the lead on financial issues and growth of the family.
