Reclaiming “Wealth”
by MP Dunleavey, Editor-in-chief

 

MP Dunleavey

A few times a year, I have the honor of teaching a personal finance seminar at my alma mater, Barnard College, in Manhattan. When I walk into the classroom, I’m facing some of the brightest young minds in America.

But despite their impressive brainpower, these young women still lack financial confidence.

During a recent seminar, I asked the students something new:

How do you feel about the word “wealth”? What does “wealth” mean to you?

Nearly every woman said either she didn’t relate to wealth, or that it was for other people.

My gut reaction was to scream, NOOOOOOOO! But then I thought: If these whip-smart young women don’t identify with wealth, we have a problem.

So I said: You all want financial security (they nodded); you want to be good money managers (they nodded); you want peace of mind (lots of nodding).

That’s wealth, I said.

Maybe it’s time for us to take back the word.

Reclaim your wealth.
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