Are You Ready to Become Ms. Financially Independent?

by admin on June 26, 2010

For years I wrote about how popular culture impacted people’s expectations of themselves and society.  The more things change the more they stay the same. Whether it’s a famous man’s mistress doing a press junket, the culture of bottle girls (straddling service & prostitution) at VIP clubs or young girls hooking up with old codgers—the recurring cultural theme is that a woman achieves wealth through a man.  Following that advice however is more likely than not to keep a woman broke and/or in a bad relationship.   What’s really needed is more emphasis being placed on women becoming financially independent.

Too many women don’t focus on getting higher paying jobs or shoring up their finances. 

Instead they maintain the idea that a man is going to come along and rescue them financially. Granted some women do meet and marry wealthy men and live happily ever after. I’d also never advocate partnering with a man who wasn’t financially self-sufficient.  My chief point is that rather than staking your financial well-being on a man, a woman would be better served to create her own money.  Then if she meets Mr. Big Bucks it’s all gravy– like Beyonce & Jay-Z . More important, if Mr. Big Bucks turns out to have no other redeeming quality than a large bank roll the woman has the financial means to exit the relationship.

Today I listened to Drake’s single, “Fancy,” on it he shouts-out financially independent women.  Aside from having “their nails done, their hair done & everything big,” according to Drake these women are “homeowners and degree holders.”  Ne-Yo also praised women who had their own on his 2008 single “Miss Independent.” These songs however are the exception, not the rule in mainstream Hip Hop culture. The days of Queen Latifah and All Hail The Queen was short-lived and long ago.  At least in rock and pop from Janis Joplin to Lady Gaga there’s a more robust tradition of independent women’s voices, existing as a counter  to the subservient woman model.  

In the world of R&B and Hip Hop women are rarely the bosses or shot-callers; they’re usually depicted as “riders.” The female rider supports the man in her life by providing good sex and eye candy AND by dealing with his infidelities and general foolishness.  In exchange wifey, as she’s known, lives a lavish lifestyle—that is as long as the wealthy man is pleased with her. When he’s ready to move onto the next woman it’s hasta la vista baby.

Earlier this month rap artist Slim Thug stirred up controversy in a Vibe.com article when he said that White women knew their role in a relationship and that Black women should “bow down” to successful Black men. I must add the Slim didn’t specify his criteria for “successful”–so the thousandnaire may qualify.  Anyway, despite the precariousness of relying on “borrowed money” many women still see a men as a financial plan.

Here’s the take-away….

Love is complex and relationships do end (even if by death). I tell clients who are struggling with the “Prince Charming” syndrome that they can leave a relationship in one of two ways:

1) With a high income and assets that allows them the time and space to grieve, reflect & rebuild…OR  
2) With no or a low income and no savings/ investments resulting in severe financial insecurity and the high levels of stress and no means to protect your legal rights.

I’m raising my glass to the women who are already shot callers in their lives and to the women ready to take the step toward becoming Ms. Financially Independent.

I’d love you help your audience, women’s organization or your group of friends become financially independent. Here’s how you can hire me to speak at your event.

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Photo Credit: Banana Wacks

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