There’s a saying that “how you do money is how you do everything.”
And what stops most women from getting their gifts out into the world isn’t their passion, drive or commitment. It’s their relationship with money.
Why is that?
Because money is at the heart of every decision you make — in your life, your business or your career.
However, for most women, money is a source of fear, confusion and self-sabotage.
And it can often feel like one big fat rollercoaster ride!
But money doesn’t have to be a struggle.
In fact, money can be your most powerful ally, especially when you learn to take practical, mindful actions with money everyday while staying relaxed and present with your experience.
Here are three of my top recommendations to help you “power up” your relationship with money:
1) Set a Bold Money Goal every 60 days and be clear why this amount of money is important to you.
Are you someone who only has a vague notion of your money goal for the year and the next 60 days? Or is it a figure you keep only in your head?
Having a clear dollar figure as your goal that you write down on paper and look at everyday is my top recommendation for relaxing and enjoying the money rollercoaster ride.
Why is this important? Two main reasons: it activates your brain into asking, “So if this is my goal, what steps can I take today to reach it? Who can I call and email?”
It also sends a clear message to the Universe, which then begins to conspire on your behalf to bring you what you clearly ask for.
Then, write down your “why.” Why is this amount of money important to you? What will you do with it?
When you bridge your money goal (your “what”) with the meaning behind it (your “why”), that’s where the magic can happen.
2) Track your income every single day to the penny.
Money loves attention! I’ve personally experienced that when I pay attention to where my money goes, money flows and GROWS.
Start by tracking your income every single day to the penny. I give all my clients “money tracking sheets” to put on their desks or post in a visible place.
Money tracking is an amazing practice that keeps you mindful of your money—and empowered to take the necessary action steps to increase what’s coming in and be conscious of what’s going out.
For many women, it can become all too easy to ignore your finances, or to go to the other extreme and be obsessive-compulsive about your numbers.
Tip: Set a recurring appointment time on your calendar at the end of your workday to track ALL sources of income that have come in that day.
This time is also the perfect opportunity to express appreciation for the money that comes in, and the value and meaning that expression has for you!
3) Start to notice your thoughts about money — and how you feel when you think those thoughts.
One of my favorite sentences in The Science of Getting Rich, written by Wallace Wattles in 1910, is this:
“The thoughts you think about money and how you feel when you think those thoughts directly relate to the flow of money in your life.”
So when you have automatic or reactive thoughts like “I can’t afford it” or “it’s too expensive” or you notice that tight feeling in your belly when you really want to buy something that seems out of your price range, become aware of that sensation in your body and the thoughts you are having.
Stop. Pause. Take a deep breath, and notice what’s there. Get curious.
When you can begin to notice what you’re noticing, that’s the first step in shifting from a reactive pattern around money to consciously responding to the “money moment” at hand.
This is good time to journal what you’re noticing and talk to a trusted friend, coach or mentor, as a way to begin reclaiming your power from the money trigger.
You’ll find that as you “gather yourself” and take back your power, you’re in a much better place to mindfully take the next step around money and begin to claim your financial freedom — in your business and life!
- 3 Ways to Relax (and Enjoy!) the Money Rollercoaster Ride as a Conscious Entrepreneur - September 28, 2015
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- Why Honoring Your Discontent Can Lead You Smack into Your Dream - February 13, 2014
- The First of the Year is the Perfect Time to Take Stock of Your Life - January 27, 2014