Working Women's Wealth

133 Why financial enablement doesn't help those you love


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Financial enablement is when we help people out with money. Whilst it's something that most often comes from a position of love and care, it ends up slowly weakening the person we're helping.

Like all things in life, when it comes to financial enablement, there's a fine line between helping out and enabling. Like a piece of chocolate vs a slab or a ball of ice-cream vs a tub. As one of my mum's friend put it, "the difference between your kids having a safety net if stuff happens, and them lying in a hammock".

One of the places i've come to see it is in the supporting of a loved one starting a business venture. It's about to get going - so more money gets sunk.

I recently woke up to the cold reality I'd been financially enabling myself.

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Working Women's WealthBy Lisa Linfield

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