The Power of Belief
In this third episode of a five-part series, financial educator and author Vanessa Stoykov details the way BELIEF contributes to how financially comfortable we are, both now and later in life. Vanessa is joined by Clime Investment Management Ltd's CEO Annick Donat to dive deep into the lessons learned from fictional characters pulled from Vanessa's finance novel "The Breakfast Club for 40-Somethings."
Meet Jane
Bubbly, fun mother of two, Jane is mid 40s, divorced, with twin girls, aged 8. She is a qualified lawyer, and works part time at a firm as their in-house counsel, accepting a lower pay for less days in the office, so she can be there for her girls. Her parents live close by, and always put their hand up to help with the kids, for which Jane is incredibly grateful, even if it does mean they tend to give her unasked for life advice. She still is hopeful about finding love again, but less hopeful about what she can achieve financially, even with parents who will leave her their house.
About Annick Donat
Annick Donat is the CEO of Clime Investment Management Ltd. With over 30 years of experience in senior leadership roles, most recently as Chief Executive of Madison Financial Group (MFG), Annick grew the business in her three years of leadership to more than $3 billion in funds under advice before Clime acquired the group in June 2020. She is a mum of two and is married to a financial planner.
LINKEDINWill Jane find a better way to manage her career? Have a different conversation with her parents about money? Find financial independence when she is older?
Key Takeaways
The rebuilding of a single mother's life after a nasty divorce.
How her limiting beliefs were holding Jane back from earning a higher salary, entering into a new romance and building a future for her twin girls she could be proud of.
How having uncomfortable conversations with family members can strengthen bonds and support.
The direction and insight a financial planner can offer.
"When your life partner becomes a liability, this can have a profound effect on your beliefs about finance and success."
"She’s creating more pain, not intentionally, by not backing herself."