The age old question I hear time and again from people is “where’s the money?” Whether you’re an entrepreneur or have a more traditional job, this is a phenomenon that plagues so many of us.
Often times, when I first start working with business owners, they are genuinely confused as to where all the money goes. I hear things like, “I don’t get this, I have sales, I have clients, I know I’ve got money coming in but then it’s sure not in my fricking bank account, where is it?”
This is true too of employees. They go to work every day. They make really good money that they know they collect but at the end of the day they still don’t seem to have any!
The reality in either case is that it is usually being spent on things that you don’t even register you’re spending money on! If you are asking these types of questions, that tells me you’re not paying close enough attention to what’s going on with your bank account or credit cards.
Because here’s the deal – if you’re getting a surprise when you go to the bank machine or your your credit card gets declined then you’re not spending enough time interacting with your money. (Now of course, there’s always other potential causes like fraud or bank error, but let’s focus on these instances happening because there’s truly not enough money there!)
This can be tied to debt you don’t want to face or spending decisions you regret. So many people like to pretend their debt doesn’t exist. They hope that by ignoring it that it will somehow stop affecting them. And I totally get how overwhelming it can feel. Debt can provoke all of our toxic emotions like anxiety, guilt, and regret.
But, this only contributes to the feeling of “where does it all go?” when you think about your money. This is often just as destructive as any guilt or shame that you might encounter when you face your money.
It doesn’t have to be this way though – there is a really easy fix that you can start today!
Check your bank account today. Check your credit card balances today.
Yep, it’s that simple. Start interacting with your money every day.
I’m not going to lie – it may feel really crappy when you first get started. You may very well feel like you don’t even want to look at the numbers. You may very well cringe and think “It’s not what I want it to be.”
But, as you move through the process and continue to do it regularly, each time will get a little easier and feel a little better.
You’ll start to build momentum around your money and this is the key to getting in the driver’s seat with your money. Creating momentum with your money helps you create more money!
So I challenge you today to start a daily practice of interacting with your money. Set aside 15 minutes at the same point in your day to check your balances and the previous day’s transactions.
Consider this a mini-money date!
Check your balances on all your accounts and create an awareness around what you are receiving and what you are spending each day. This creates awareness and helps you to build resilience to scarcity, lack and fear which is key to attracting abundance.
When we are aware of our spending and receiving, we are telling the universe that we care about this part of our life. Staying in a beautiful anxiety free state while doing this is really important so practicing will help you accomplish this.
Take the time to express your gratitude as well — gratitude for what you received and gratitude for what is there. This can also be a time for forgiveness if you find that you spent money where you shouldn’t have.
Once you start doing this regularly, you’ll easily be able to answer the question “where’s my money?” with confidence and you’ll find that you are building a practice that serves you.
Be sure to comment below and share how it’s going!