Now that you've rewritten your money story, let’s talk budgeting. A budget for your business and home finances is so important! I like to picture money as a mischievous toddler, you need to take control of it and tell it where to go or it will just disappear. Being proactive with your budget allows you to take control of your money and helps with so many other aspects of your money mindset.
When creating your budget, you have to budget for your real life and not your ideal life. For instance, in my ideal life my family is eating healthy, home cooked meals seven days a week BUT in my real life we’re definitely eating out at least two nights a week. When I am creating my budget, I need to make sure that I am accurately accounting for how my food budget will be spent. Be honest with yourself and budget for real life.
As you create your budget, you need to be aware of your money doubt backpack. Didn't you know you are constantly walking through life carrying a money doubt backpack full of bricks that include all of your money anxiety, your generational money mindset, the things your friends have said to you about money, your money beliefs, and your money doubts. You’re carrying this weight with you all the time?!
Now I want you to envision that backpack, and look ahead to your new relationship with money - do you want to carry all of that weight with you into the next month? Do you want to carry your doubt and anxiety and fear? Or do you want that backpack to be full of just the essentials?
Here is the awesome thing: You get to choose what you carry in your backpack and you can choose to eliminate some of the weight. To do this, you start by removing the bricks and naming them. Just like you name your children, you name the bricks. I recommend creating an actual visual to look at and decide what you will carry with you (or not) into the next month.
And just as a reminder… it is ok have nice things, it is okay to own your wants and you don’t have to justify them. Not everything is going to be justifiable, and when you try to justify your wants, you only validate your fear, so you have to be mindful of that.
So let me know, which bricks will you be leaving behind?
I love sharing many of my beliefs, thoughts and at times unpopular opinions.