Save the Date: From the Field to the Boardroom 2013!

YWiB has teamed up with the Whitecaps again to resurrect one of last year's most popular events! In four weeks, we'll be hosting the 2nd Annual...

From the Field to the Boardroom

#ffb2013 Saturday, July 27th Networking & Panel - 1:30pm @ St. Regis Bar & Grill Kick off - 4pm @ BC Place 

 

Rachel Lewis, COO of the Whitecaps, is returning this year as our MC and panel host!

Panelists include Ish Jhaj, Shooting for Hope (a program that encourages and empowers young girls in rural India) Jenn Wills, Kickin' with the 'Caps (a Whitecaps program that creates those "hero" moments by connecting youth soccer fans with players) ...and others!

You'll be inspired by these women's stories of confidence, passion, and perseverance-both personally and professionally-that got them to the where they are in Vancouver's sports and health industry.

Get discount tickets here using promo code ffb2013 and choose location-specific seats ($25 - $44) for the big game against Philidelphia Union! Blue section - center field Yellow section - corner Teal/White sections - end field

 

Tickets for YWiB's Birthday Party!

Finally!!! Tickets to the birthday are now available! Tickets are $10 and go towards your cupcake and a delicious spread of appies by Lost + Found! Make sure to get one in advance, and we'll see you there!

Event details (again): July 10, 2013 Lost + Found Café, 33 W Hastings St. 6:30-8:30pm

 

Book Launch! "The Financially Empowered Woman" by Tracy Theemes

Remember Money Matters, the phenomenal financial workshop that Tracy Theemes, Co-Founder of Sophia Financial Group, led for YWiB? Well, she happens to have written a book, The Financially Empowered Woman, that overviews the same five crucial steps of financial planning, investing, asset allocation, and how you can grow your money. Being as lovely as she is, Tracy is inviting all friends of YWiB to her book launch and signing to mingle, enjoy a bite to eat and drink, pick up a copy and have it personally signed.

Who: Tracy Theemes' Book Launch What: The Financially Empowered Woman: Everything You Really Want to Know About Your Money Where: Sophia Financial Group, 3762 West 10th Avenue When: Wednesday, June 19 (6-7:30 pm) How: RSVP here How much: Free!

Can't make the book launch? You can order a copy of her book via email — tracy.theemes@raymondjames.ca

Don't forget Tracy holds regular FREE financial planning sessions at her office as well. Due to space constraints, they usually require RSVP, so if you'd like to be in the loop for upcoming sessions, register for the event notifications on the Online RSVP Form, under the News & Events tab.

Save the Date: July 10th is YWiB's Birthday!

YWiB'sSummer Solstice Birthday Party!

Lost + Found Café - 33 W Hastings St. Wednesday, July 10th 6:30 - 8:30 pm $10/person, includes appies and a birthday cupcake!

Wow, what an amazing 5 years...

Thank you to all of our members, whether you've been with us from the beginning in 2008 or just joined us in 2013. YWiB may have matured and evolved, but one thing hasn't changed: you are the foundation, inspiration and heart of this organization.

Starting out as a few ladies with a big idea - Beyond Pink - we’re so proud to have expanded into our four distinct bodies: YWiB VancouverYWiB UBCYWiB SFU and YWiB UVic. We promise that as our membership demographic continues to evolve, we will keep focused on providing the best professional network, support and learning opportunities to meet your needs.

Come celebrate with us:

Save the Date: Wednesday, July 10th Who: You, your girlfriends, and their friends too How: With food & drinks, cupcakes (heck yes!), and a photo booth (say cheese!) Where: Lost + Found Café, 33 W Hastings St.

Tickets are available here!

We can't wait to see you!

xoxox The YWiB Team

Money Matters: Part Two! A Powerful Illusion

Like it or not, people still perceive differences between men and women that often have no basis in reality. At Money Matters, we discussed how this is a symptom of the different messages and values that society sends men and women, as well as the stereotypically “male” traits that are valued in the workplace.

While the effects are difficult to detect, they’re even harder to combat because they are often subconscious (as has been repeatedly demonstrated in social/psychological studies like the Heidi/Howard study.)

How do you fight the subconscious? We can influence our impressions by emulating some of the traits associated with power and mimicking certain behaviours:

  1. Pausing is power. Nodding is not. Refrain from nodding throughout a conversation, as it can be misinterpreted as being in agreement or subservience.
  2. Slow your voice cadence. Lower your pitch. Women have higher pitches by nature, but a high-pitched, rushed voice from a man suggests nervousness and is generally viewed that way.
  3. Old girls’ clubs. You may not have experienced it yourself, but women can feel unwelcome at certain gatherings organized by “the boys”. Women have taken matters into their own hands and are hosting similar events with an objective to network and hash out business. Join one or start your own!
  4. Power poses. A little bit of "fake it til you make it" can go a long way. Amy Cuddy's TED Talk demonstrates some proven poses that produce real physiological and psychological effects.

As more women lead in powerful positions, the associations between “feminine” traits and power will strengthen, and we will no longer need to accentuate or adopt more “male” attributes to get ahead.

Tracy, thank you so much for all the great advice and stimulating conversation. These two posts cover only a portion of everything we learned.

Tracy holds pro bono finance sessions at Sophia Financial Group (see their event schedule under the News & Events tab). Bring your goals, questions, or just pop in to introduce yourself. It’s something you won’t regret!

What are you saving for?

By Amanda Ainsworth If you couldn’t make it to our most recent event, Money Matters, I hate to tell you but you truly missed out! An evening with Tracy Theemes was all I needed to get my money-saving, ladder-climbing butt in gear!

For me, the most valuable takeaways came in two parts: Tracy’s methodical approach to identifying your goals and achieving financial freedom and her behavioural tips to help every women work their way to the top of their careers.

Below you’ll find Part I: Tracy’s 5-Question Technique for Financial Decision Making. I hope you find these as valuable as I did; stay tuned for Part II: Tracy’s Behavioural Tips next week!

Tracy’s 5-Question Technique for Financial Decision Making

Q1. Where am I now?

How do you know what financial position you’re in once all the smoke and dust clears? Here are two things to calculate and track:

  1. Net Worth— Calculate it every six months: Net worth = your Assets – your Liabilities
  2. Cash Flow — Track your spending pattern over a 90-day or six month period. Use your online debit and credit statements or the plethora of online apps/websites (such as Mint.com) that will do it all for you.

Q2. Do I have reserve?

Reserve is simply a liquid “backup”, preferably kept in a high rate savings account, meaning you can take it out as cash in under 24 hours. Keep cash (or cash equivalents) in your reserve.

The amount of reserve money you should have will depend on things like occupation, for example someone in the film industry might need more than someone with a predictable and dependable income, and your other spending patterns.

When should you start building this reserve? Umm, right now! A good base is to calculate how much money you need to cover your costs of living for three months.

Being your own bank is not only cheaper, it creates financial freedom, confidence and happiness.

Q3. Where am I headed/What do I want?

Pick the 2-3 most important things to you right now (hint: one of these should be your reserve from Q2, if you haven’t already reached your margin)

Then ask yourself, how much does it cost?

And, when do you want it by?

Q4. How am I going to get there?

 These are the years to learn (and practice) positive new behaviours. So skip that latte, pick up an extra job if you need to and attend one of Tracy’s investment classes – they’re free! Contact us if you want to hear about upcoming sessions.

Q5. How am I going to monitor my progress?

Fluent with Excel? Even if you aren’t, it’s a great tool for tracking your budget and financial goals, Use it!

Define what would be “success” for your financial goals and remember to track your progress!

So, what are you saving for? Share with us in the comments below and stay tuned for Part II next week!