Number one stress factor in most people’s’ lives is money or, more specifically, the fact that you just don’t have enough of it.
Why am I posting about this? Well, I have been on a journey of late—a journey that is connected to money and my relationship with it.
For so long, I have lived in a famine, this starvation mode. My expenses just didn’t match up with my income.
Money and the lack of it was my number one stress factor. Mind you, I didn’t need a lot of it but just having my basic living costs paid for was my number one concern.
I would watch the calendar and see that bills were due and I would start to unravel. Even when I knew money was coming in, the thought of having to send it all out again was daunting.
My bank account was always on empty.
I soon realised that my relationship with money was a self-limiting belief. I didn’t value what I did enough to price my time correctly so I was always working lots, but for very little.
There were some huge shifts in my attitude when I was influenced by a friend and how she lived her life: Fiona from Australia (I have mentioned her before). She showed me how she lived her life and guided me to a more minimalistic lifestyle.
I will confess, I was a money waster. I always had to have the the latest thing and I lived in a very big house and when I worked out everything on paper (the dreaded ‘budget’), it was astounding how much money I was just throwing away.
The problem lay in the fact that I felt my worth came from the things I had—the best TV, the newest phone—but those are non-essential items. They weren’t what made me more successful or brought more people for me to help.
I had to change my life focus, turn my attention to living a FULLER, adventurous life. I learned to experience things instead of having things.
Be present in working out your budget and keep track of your spending habits/expenses. You will not succeed if you continue with an attitude of “I’ll worry about it later’. It just cannot be a thing in your life.
Money has a flow in business. It’s like a tide—it will always come in and out, so just know and trust that the money will come to you at the right time.
Once I decluttered my thoughts around money, opportunities came more frequently and I made smarter decisions on where I was spending my money.
The result? For the first time in my life, my bank account isn’t empty. My bills are paid and on time and suddenly I have NO STRESS.
Now, this isn’t an airy fairy blog post about sitting out on the lawn with your legs crossed in lotus position willing the universe to spirit money into your bank account, because that just isn’t a thing in my life. What the post is about is making yourself refine your life and your business; also, step into what you love and then put the hours in.
And I mean put…the…hours…in. You cannot say ‘I’ll do an hour today on building my online business’ and then swan off to watch 8 hours of Netflix. (And I know you do. I am guilty of it, too.) It has to be the other way around.
So, take a look at how your relate to money. Do you stress out and check your bank account a few times a day? Are you constantly saying you are broke? OMG, that was SO me. (Just an aside: Stop saying that, change your mindset. I was constantly saying I was broke when in fact we were ok. Be ok with where you are. Your WORDS, even if it is self-talk, matter.)
Here is your game plan, a list of things to change right now:
- Stop checking your account every day.
- Look for ways to reduce your spending. For example, if you are renting, would you move to a cheaper house? A reduction of $50 a week wherever you can find it turns into $200 a month and a savings of $2,400 a year.
- Find smarter food choices, like growing your own veg.
- In business, work smarter. For example, book meetings in the same location on the same day to save time and petrol.
- Keep things simple. For example, most times you don’t need the top of the line brochures or business cards or an expensive redesign of your website.
- Declutter your personal life. For example, you could purge your house and have a garage sale. It is incredibly cathartic to sort through your stuff and get rid of it.
- Finally, spend your days on money-making activities. Try to structure your time, give yourself a routine of sorts—you will be less likely to procrastinate.