Monday, December 12, 2011

Navigating the Lipstick Jungle: Wrapping up!

Here are some highlights from Ms. McMurry's presentation, for those of you who were unable to make it:

A man is not a financial plan. It might be nice to think it is, especially if we're in love and he's a decent human being. But life happens! People change! And you really need to focus on your financial independence, even if you're married or on an extended maternity leave. 

I took a personal finance course a few years ago and there were a few things that I'd like to add to Ms. McMurry's statement. It's never too early to start saving for retirement and make financial goals for yourself. Ms. McMurry took that one step further and reiterated the importance of writing down your goals. 95% of people who write down their goals are able to achieve them. I recommend this book:

5: Where Will You Be Five Years from Today?

  

Ms. McMurry used an example of telling Santa Claus what you want for Christmas. If you don't say specifically what you want, Santa is a busy guy. He might not get it. Be as clear as possible when saying what you want.

She also indicated the need to negotiate your salary. When you're in the discussion with your boss/manager, this is what you do when they give you a number. Say, "That sounds a little low." Then shut up. The worst that could happen is that offer stands. But by not saying anything else, you are putting the conversation pressure on your boss to respond.

Here is an interview Ms. McMurry did at 207 in our boutique!

 

A huge thank you to everyone who contributed to make last week's event, Navigating the Lipstick Jungle with Jane Hight McMurry, a success, especially our sponsors:

Bank of America
Manpower
Luma Coaching
Deb Bergeron of Ocean of Possibilities
Law Offices Joe Bornstein

and our generous, delicious caterers:

Kamala Hahn
CVC Catering
Girl Gone Raw

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