money work

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What’s Your Money Mindset?

If you got my newsletter this month, then you know that I’m deep-diving into Barbara Stanny’s Secrets of Six Figure Women: Surprising Strategies to up Your Earnings and Change Your Life. By doing this, I hope to lead us through a month of investigating our own earnings and making sure we’re earning what we deserve! This week’s post is about mindset, the first ingredient in that process.

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Barbara interviews six-figure earners and contrasts them with women she dubs underearners.  One of the contrasts that is ever present between the two is a difference in mindset.  In her workshops with underearners, she uses a great exercise that I would encourage you to explore for yourself.  She asks them to complete this sentence:  People with money are _______________.  If this as well as the title of this book bring up negative emotions, you will need to change this story before you are able to change your relationship with your earning potential. 

I mentioned in my newsletter that I don’t believe that we all need to strive for a six figure income, or even that money is a measure of our success.  But as business owners, if we are not able to support ourselves through our work, we will find it impossible to continue sharing the gifts that we have to offer.  I believe that we need to shift to an abundance mindset. What do you think of when you think of the word abundance?  I feel that this word includes many things: being grateful for what we have now, for what the future holds for us, for the gifts and talents we are able to share, the connections that we have to other people and the money that our society uses as a measure of exchange.  Unless we include money in our desire for abundance, we will not be able to increase or even feel deserving of our earnings.

My Mindset

I have been exploring my own money mindset recently. While I thought I had a positive relationship with money, I still found that I had some blocks as well.  Because our society seems to measure a person’s value by their salary, it is easy to base your self-worth on your income.  In our household, my husband earns the money that we base our lifestyle on. When I truly began exploring my mindset, I found that I was seeing my earnings as “insignificant” in comparison to his.  When I began to separate the value that I deliver to my clients from my worthiness as an individual, my outlook on my potential impact also changed. 

The Deciding Factor

The path to making this mindset shift towards abundance includes gratitude, affirmations about your worth, and a decision to make a change.  Many of the six-figure women interviewed by Barbara started out with negative feelings around money, but they recognized that fact, made a decision to change and then put their new attitudes into practice.  The fact that you are reading this blog about money already shows your willingness to change. That is a great start!  

I hope you found these words about mindset helpful. Next time we will be talking about actions you can take to improve your earnings potential. If you want to talk more about mindset, I’m your gal. Check out my Services page and book a call!

Angela

Image Source:  Nathan Atkinson

Book Review: The Art of Money by Bari Tessler

Book Review: The Art of Money By Bari Tessler

If you read my newsletter (you can sign up by clicking here) then you know that this month, I’m focusing on how we can love ourselves through our money. This idea touches on financial self care, but also folds in the idea that looking after our finances can be a pleasant and loving thing we do in our lives.

If there is a book that captures that sentiment, The Art of Money by Financial Therapist Bari Tessler is it. This is one of the first books that I read when I became interested in adding financial coaching to my bookkeeping practice.  While I know that I have a talent for helping people with their money systems, Bari Tessler has a talent for helping people go deeper in their relationship with money.  If you have ever listened to Bari speak on her podcast, you can clearly hear her voice in this book. She truly makes doing emotional work around money feel like a safe space.

She lays the process out in three phases and includes many useful practices in each area. Her first phase gently lays out a process to understand and heal your feelings and your history around your money past. She utilizes her training in somatic psychology to help facilitate this process.

In phase two, she covers the practical side of dealing with money.  Here she includes something we’ll explore later this month: money dates, or spending intentional time working on your finances, in a pleasant way. She also talks about setting up money systems and assembling your support team – whether that is professional help or a money buddy.

Her final phase deals with goals, dreams and plans.  Her philosophy holds that when you have healed your relationship with money and have tools in place to address it, you can start to see the bigger picture and how your dreams can become reality. This book can be a great resource, but particularly if you have money beliefs or blocks that are holding you back. It provides support and practical tools to heal and move forward with improved financial self care.  My posts this month will feature other ideas and support around this topic. If you are ready for  more in-depth help around your money systems, I invite you to reach out and schedule a call.

Angela