Welcome to the Madrina Molly™ Community
I’m delighted to report that we had a successful launch last week. Our mission to democratize and demystify financial information for Women of a Certain Age(ncy) and their Allies and Friends has begun!
Only 16% of BoomX Women Say They Have Received Financial Education
That’s not acceptable. For years, women have been reaching out to me for financial advice and planning assistance. By and large you are:
Stressed and ashamed that you somehow missed the memo on how to manage money.
Ready to make yourselves wrong when you seek advice. (Seriously, the women I meet are quick to begin the conversation with, “I’m sure you’re going to tell me my financial management is terrible.”)
Scared that you won’t be able to continue working long enough to fund your retirement.
Worried that you’ll need to work forever to fund your retirement.
Ping-ponging from children to work to parents without time for yourself.
Angry that media, marketers, and institutions think you’re invisible.
A Madrina Molly™ subscription gives you a place to go to ask your questions, confirm you are on the right track, solve problems, and achieve a lovely "second half" of life. All of this comes with the confidence of knowing that I’m not a finfluencer; I’m a former working financial planner and a current (and forever) CERTIFIED FINANCIAL PLANNER® Professional.
The Money Tree
Pull up an easy chair, and sit yourself down and lean back while I tell you ‘bout the folks who live in the town of Greenback….
So goes the old song, The Money Tree, which I learned as a young girl. Sometimes I find myself humming it to this day.
There are actually many plants that are called money plants and money trees. When I pulled the plug on my marriage in 2010 and moved into a lovely apartment overlooking the ocean to heal, I purchased a tiny money plant, a jade (Crassula Ovata) and sat it on the windowsill. Now, 14 years later, it continues to grow and branch, and I offer my cuttings to family and friends so they can enjoy luck and prosperity too.
The path hasn’t always been perfect; especially the immediate two years post-separation. My unpartnered friends and clients know this from their own experiences. Somehow, that’s how long it takes all of us to feel like ourselves again.
Oh, Sh*t, the Market’s Down! What Do I Do?
I have a webinar with this title because down days in the market make me laugh. (Seriously!) On 8/5/24, the stock market had its worst day in two years, part of a three-day losing streak. On 8/6/24, the market closed substantially higher, showing a broad rally.
For 24 hours, market watchers wailed and beat their breasts, published articles about recession, and caused retail investors to sell $1 billion. Big mistake. In contrast, the institutional folks bought $14 trillion on the dip, and that was one of the reasons for the rally.
So, what can you do when the market goes south?
I Love It When A Plan Comes Together
Behind the scenes at Madrina Molly™, we’ve been working our little tails off to create a digital home for Financial and Longevity Planning Education. In fairness, my explorations on the Internet have yielded a few good teachers out there in social media land. But it’s hard to find them.
Currently, the “finfluencers” want to teach you how to trade options, buy tax liens, and purchase their “secret sauce” training.
Newsflash: If you haven’t spent any time learning how to trade up until now, what makes you think you’d be interested in it moving forward? Plus, you don’t have to “trade” to invest successfully.