There are two things that will always exist in your life: Change, and money.
Lots of money, not enough money, money stress, money luck… Did you know that 42% of Canadians rate money as their greatest stress? That 64% of Americans describe money as a significant source of stress?
Money affects all of us, regardless of our level of abundance. No matter which way you slice it, money is always going to be a feature in your life- so you might as well stop fighting it and instead be in a relationship with your money.
What does it mean to be in a relationship with your money?
A relationship involves give and take- it involves understanding and acceptance. A fight involves agitation, frustration, and stress.
To achieve abundance you must be in a relationship with your money and not in a fight.
Here’s the thing: Money flows in a circle. At any given time, there is money flowing to you and money flowing away from you. The key to being in a relationship with your money is to maintain a state of rest and repose throughout your money cycle.
And by that I mean, learn not to freak the hell out about your finances!
So, how can you be in a relationship with your money?
Yep, you heard me- gratitude, and lots of it. You need to be grateful for the money flowing towards you (more on this later!) but more importantly, you must be grateful for the money flowing away from you.
I can feel your skepticism as you read this- grateful for paying bills? Are you crazy?
But if you think about it, it just makes sense! Many of us experience anxiety when we receive and pay a bill. We perceive the flow of money away from us negatively and react accordingly.
Instead of viewing it as a source of agitation, instead focus on what that bill brought to you and your business. Be grateful that you have a phone to pay for- a phone that allows you to connect with your loved ones from anywhere, to reach your clients from anywhere. A phone you are lucky enough to have the good credit to qualify for. That’s something worth being grateful for!
Outsourcing or subcontracting work to other businesses can also be a source of agitation, especially when the bill arrives. This is something to be grateful for too, though. Instead of the bill, focus on everything you were able to achieve in your sphere of genius while someone else handled that other task for you. How much is on hour of your time worth? Likely more than you are paying out, which means this outflow of money is actually profitable.
Awareness is absolutely essential to being in a relationship with your money. You can’t be in a relationship with something you know nothing about, after all!
It’s important to know what bills are coming your way and when, as well as when you expect to have money flowing in.
Awareness is the rested and reposed cousin of control- by being fully aware of your income and your expenses, you can manage your money cycle without succumbing to anxiety and agitation.
Automation is invaluable to any entrepreneur- but automation should never mean inactivity. You may have all your bills on auto-pay and your clients paying you each month from their credit cards, both of which are smart moves.
Even with this setup, you should be taking the time to regularly review your money situation. Not only does this increase your awareness, as we’ve just discussed, but it prevents money leaks.
If you have money dripping out of your bank account to pay for something that doesn’t serve you, that’s a money leak. Being active in your relationship with your money stops those leaks and keeps your hard-earned dollars where they belong.
Still following? Let’s recap:
Being in a relationship with your money is good.
Being in a fight with your money is bad.
A relationship means understanding and acceptance of your money cycle.
To be in a relationship with your money, you must:
And why do you need to be in a relationship with your money?
To put it simply: If you want to achieve abundance, you need to be in a relationship with your money.
You cannot embrace and grow an aspect of your life that you are actively fighting.
You cannot accept and improve a situation if you focus on agitation and anxiety.
By being in a relationship with your money and adopting a state of rest and repose when it comes to your money cycle, you are positioning yourself to welcome abundance.
…And that’s why you’re here, isn’t it?