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Home > The FITSPRO Podcast > 049 | 3 Tips for Less Stressful Finances
Podcast: The FITSPRO Podcast
Episode:

049 | 3 Tips for Less Stressful Finances
Category: Health
Duration: 00:00:00
Publish Date: 2019-12-10 01:00:54
Description: YES TO LESS STRESS AROUND FINANCES & MONEY. Oh money. Something we all have. But rarely talk about. We have so many stigmas around money. We believe lies based on what we observed before age seven.  It’s something we don’t learn nearly enough about in school (in my opinion) and quite frankly we often allow it to have far too much power in our lives for better or worse. This is all magnifies if you happen to be an entrepreneur and are now managing not only your personal finances but also your business's. And imma just go out on a limb and say that most entrepreneurs are WINGING their finances with no clue if they’re “doing it right.” I also don’t fully blame them because there is truly no rule book on this. No clear cut road map that fits all businesses. Then you add our personal money mindset issues and limiting beliefs and we have a super ineffective foundation and system for finances. With all of this I have to make a disclaimer that I’m not a financial advisor or CPA. I’m not a money ANYTHING. I’m an entrepreneur who is navigating this all the same as you. But I do feel I have some helpful tips for you, and I want to talk transparently about money because I don’t think money remains daunting or taboo when we bring it into the light. Then its power is taken away and it becomes another subject we can learn about, like anatomy, spirituality or language. Money is neutral. It’s an exchange of energy. It is not good or bad in nature. And it’s my personal belief that money simply magnifies our current state. If your spending habits are an impulsive shit show now, they’ll just be a BIGGER impulsive shit show when you have more income. Soooo anyway, woah. Let’s get into how to have less stress around money and finances.  Allow me to lay out some of my past money beliefs since you may or may not identify with them -  Money = stress when you don’t have a lot. And money = greed when you have a lot. People who have a lot of money, who are rich, must be greedy and selfish.Money dictates feelings, your emotional state. Good or bad. Now I will say from a very young age I knew hard work did not equal money. My mom worked HARD. We delivered newspapers on the weekends, and stocked Little Debbies with her on top of working at Safeway. But we did NOT have an excess of money. EVER. I picked up on the fact that hard work didn’t equal money very early in life. Which has always helped me look at efficiency FIRST. How can we make more by doing less and providing the same value? Nooowww the big one. My childhood drove me to want to make money and keep it all to myself. I knew I didn’t like not having money. Therefore if I earned money, I was going to keep it to myself. No one was going to bring me back to those feelings as a child. Because of course I was terrified it would go away or it wouldn’t last or there wouldn’t be enough. This is not a great mindset folks. I don’t suggest it. Now, perhaps you relate to some of those. Maybe yours are different. I probable have more I haven’t realized yet. But no matter what this first tip will help you feel stress about money and finance. Read about it Become a student of money, and increase your financial literacy. Apply what you can. We feel left in the dark around money. We are clueless and uninformed, left only with our childhood beliefs around money. No wonder we experience stress around the subject. And it can be daunting to start because we often don’t know where to start. My fav books for business are Profit First and You’re a Badass at Making Money. I don’t know of any for personal finance or money mindset specifically but know that following people like Hilary Rushford and Chloe from Deeper Than Money has been great for me.  I want you to see the possibility of being empowered around money, not trying to work a system or wing it, but truly being a good steward of money. The fact that the finances don’t have to be a complete shit sho...
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