Throughout my twenties, I’ve noticed a repetitive complaint amongst my girlfriends — “why did no one teach us about money in high school?” We bemoan missed financial planning tactics and current credit card standings. Even as I began my own company, and set out to thrive, I came up short on resources and direction when it came to financing your own endeavor. Then I met Claire Van Holland.
Claire’s not your regular accountant, she’s a cool accountant and after one session with her, I was ready to set up a fan club, there would be shirts of course. Instead, we settled on a Q & A, right here, that we all can gain from. Consider this the financial planning course you missed out on in high school!
Vérité Woman: What are the three basics of being on top of your money your twenties and thirties?
Claire Van Holland: One: If you fear it, don’t let that fear get the best of you. This is the only way to move forward!
Two: Look at your money. As simple as that may sound, some people choose not to look at it, which is 75% part of the problem. If you don’t look at it, you don’t know what you’re dealing with. If you don’t know what you’re dealing with, then you for sure won’t be on top of your money.
Three: Be consistent. Whether you choose to look at it 1x/ week or 1x/ month, set a date and a time where that is what you do. Consistency is key!
Vérité Woman: What would you tell women who have anxiety surrounding their debt or finances?
Claire Van Holland: Money and finances is simply a form of exchange. Unfortunately, it’s very easy to forget that when we live in a society and culture that places more value on it than we should. The best thing to remember is that money will always come and money will always go. Being at peace with your money flow will help the anxiety. Putting better controls over your money flow is what will lessen that anxiety even more.
Vérité Woman: How do you advise your clients on re-working their perspective on money?
Claire Van Holland: I remind my clients that there is nothing to be ashamed of. When folks come to me for help, there is always some degree of shame. I am always very clear that working with me is to be in a non-judgment zone and a safe space. I’m here to help and whatever point it is that they stand with their money, working with me is to help them get to a better place and reach their goals.
Vérité Woman: What does this mean to you: How does one “attract” money?
Claire Van Holland: To not be afraid of making money and to know your worth. As women, it’s easy to undersell ourselves. Everyone I know has done it, including myself. But if we are going to reach our true earning potential we have to believe that we deserve to make what our work is worth. Part of this lies in the mentality of knowing the value of your time and the other part is not being afraid to ask for what your time is worth — and not back down.
Vérité Woman: What are the most common mistakes that you see people making surrounding their finances?
Claire Van Holland: The biggest one is not being consistent when dealing with your money. This should be habitual and become as common as something like brushing your teeth or drinking water. We live off of the money we make so it is just as important as keeping up your hygiene.
Join Claire on the 3rd Thursday of every month (starting this month), Clair will be launching CV Ledger Office Hours, which is an opportunity for ladies and lady business owners to join her for 45-60 minutes each month and ask any money related questions that touch business and finance. It’s free to join, Claire just requests that people sign up with her mailing list and submit a question beforehand.