In life, there are days and moments where everything we do does not feel enough, or face situations that are beyond our control. A common response to such instances is to doubt ourselves and our abilities, and that is a very normal and human thing to do. But the effect of self-doubt can cut both ways: It can either spur us to achieve our goals and thereby boost our confidence levels, or cause us to feel entirely powerless and paralysed. Fortunately, whether we allow it to work for or against us is mostly up to us. In this issue, we will explore the ways in which we can harness self-doubt to build confidence -- one step at a time.

Women are narrowing the confidence gap with men when it comes to managing money, study shows

Women are closing in on men when it comes to their self-evaluated financial prowess, recent research shows. Overall, 55% of women and 60% of men are confident in their ability to manage their finances, according to U.S. Bank’s 2022 Women and Wealth Insights study. Of course, this means there are still 43% of women who don’t have confidence about their long-term savings. If you’re among them and do not know how to go about establishing a nest egg, experts say you just need to get over the initial hump.

Why confidence and knowledge can lead to smart money decisions

Two common areas that cause people to procrastinate financially are knowledge and confidence. Logically, we know that financial literacy can boost our confidence to make informed money-management decisions. Yet, many people tell me that they lack the confidence to learn and absorb that financial knowledge, which holds them back. However, everybody is capable of effectively managing their money. While some need mindset adjustments, others need a confidence boost or a little reassurance that they are on the right track. Take small steps, follow and when doubt starts to creep in, remind yourself that money is only a tool and you are learning.

9 Habits That Are Destroying Your Confidence

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