Working Women's Wealth Podcast

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.