As a business owner, balancing your finances is like fine-tuning a playlist for your weekend vibes—get it right, and you’re in for a smooth ride. But what if your money mindset is more like a scratched record, repeating patterns that hold you back? Here are five signs that it’s time to hit refresh on your financial thinking.
You View Money as a Limiting Factor, Not an Enabler
If you find yourself constantly saying “I can’t afford this” before considering the ROI, your mindset might need a makeover. Money isn’t just about paying bills; it’s a tool for growth. Think of it like choosing the perfect wallpaper for your home office—it should inspire creativity, not constrain it. Switch your perspective to “How can this investment grow my business?” and watch your decision-making process transform.
You Dread Looking at Your Bank Statements
Much like skipping the gym, avoiding your financial health can lead to some serious complications. If the thought of opening your banking app gives you anxiety, it’s time to take control. With tools like the Joyful Money Dashboard, you can track your finances effortlessly, turning what was once a cringe-fest into an empowering daily check-in. Remember, knowledge is power—especially when it comes to your cash flow!
Your Pricing Hasn’t Changed Since Your Launch Party
If your prices are the same as when “Parks & Rec” was still airing new episodes, consider this a sign. Underpricing can often stem from a scarcity mindset, where fear of losing clients overtakes your value’s true worth. Regularly reevaluating your prices reflects not only your growing expertise but also builds a business that supports your dreams. It’s time to align your prices with your ambition!
Impulse Spending is Your Go-To Stress Reliever
We all love a good shopping spree at Oliver Bonas, but if retail therapy is interfering with your business goals, it might be a red flag. Impulse spending, especially under stress, is a common symptom of a deeper financial disconnect. Engage with programs like Cashflow Confident to help align your expenditures with your business objectives, ensuring each purchase is intentional and justified, just like choosing the perfect accessory for your outfit!
You Haven’t Set Financial Goals Since Your Last Birthday Bash
Setting financial goals is as essential as planning your next big birthday bash—without them, where are you heading? If it’s been a while since you’ve set clear, achievable financial milestones, now’s the time to start. Consider coaching to realign your business aspirations with your financial strategies. These focused sessions could be the breakthrough you need, like the plot twist in your favourite TV series that suddenly makes everything clear.
Ready for a Change?
Revamping your money mindset isn’t just about adjusting numbers; it’s about transforming your approach to life and business. Embrace these changes and empower yourself to craft a financial narrative that’s as compelling and vibrant as you are. Remember, it’s not just about making money—it’s about making your money bring as much joy into your life as possible. Ready to rewrite your money story? Let’s make it a blockbuster hit!
Join my free masterclass: Unf*ck Your Money Mindset and learn practical tools to nurture a more ps relationship woth money.
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