The first book I would recommend for my gals out there is this insider view of six figure women. Written by Barbara Stanny, now going by Barbara Huson, the book helps women feel less intimidated by money and learn to claim their earning potential.
Prior to writing this book, Barbara was a self-proclaimed underearner. Her first book was Prince Charming isn’t Coming, inspired by her own experience of putting all her funds and trust in the hands of her husband who lost it all with poor investment choices. After the success of Prince Charming, her agent suggested she write a book about high income women. Barbara candidly explains how she did not want to take on the assignment initially. She thought it would be boring and intimidating. The words cold, tough, and aloof were what her first impulse was in describing these women. Then she realized the impact of her thoughts. She saw how she was creating a barrier for herself to more wealth. If she thought so poorly of these women solely because of their income level, how would she ever rise to that level of income herself?
Spurred by her new understanding of how she, and likely many women, were holding themselves back from higher income she agreed to write the book. She was overcome with questions for these successful women. Were they battling gender bias all the time? Did they struggle with marriage? How did their kids and relationships survive? She wondered if it was even worth it to work long and tedious hours to earn an income, believing that this is what it took.
When she began her research, she found the US Census reported 950,000 women reported making six figures, and the New York Times reported less than 4,000 women were making $1M or more. She interviewed more than 150 women earning at least a six figure income. Several women were earning substantially more.
I appreciate how she interviewed a wide range of women from different industries. There are lawyers and managers as well as creatives and not all of the women work full-time. She compiled the research into their work experiences, lifestyles, tough battles, and joyous moments. The stories of the different women are fascinating and relatable. Barbara then presents the summary of her research with a chapter dedicated to every key component she found strongly linked to cracking six figures.
I read this book several times through the years. I enjoyed it because the women speak candidly. We all face impostor syndrome and they are no exception. Every time I read this book, I am both comforted and inspired. There is a lot of information and wisdom, even now, I get a little nugget of wisdom reading it again.
The book details are below if you want to check it out. As an Amazon Associate, I earn from qualifying purchases made through links on my site.
Secrets of Six Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life
Author: Barbara Stanny
Published: March 2, 2004
by Harper Business
Page count: 275 pages