Feeling Good With Your Money & Staying In Abundant Flow- Part 2

posted on : January 28, 2021

As I mentioned in last week’s blog, I’m going to share some content from Chapter 12 of my forthcoming book with you. The chapter is titled“Opening Up To Abundance & Prosperity” and covers some of the concepts I teach in my Mindful Balanced Life Coaching Program. (Part 1: Sneaky Limitations Blocking Your Abundance dropped last week. Catch it here if you missed it.) Part 2 is below.

Enjoy!….

What You Measure, Improves

Before I learned the importance of respecting money and creating a loving relationship with it, I used to live paycheck to paycheck without knowing where all my money was going or having a clear picture of my finances. But what we know from business: What you measure, gets managed, thus improves. And I wanted to move into managing wealth and abundance, not confusion and scarcity.

So here’s what I did: I tracked all the money I spent for a month so I knew approximately how much we regularly spent on groceries, gifts, doctor appointments, pet costs, etc. I put all these expenses into a spreadsheet (that I update regularly if something changes like we cancel cable or bump up the hours of our housekeeper).

By seeing what our necessary monthly expenses were, I was able to identify how much emergency savings we need. (Most financial advisors recommend 3 to 6 months of expenses in your emergency fund. More on this concept later, including a better name for this fund!) This helped me plan for vacations and financial goals, like paying off the debt I accumulated living in New York City and saving for maternity leave. Just like your personal goals, for financial goals we have to first get clarity on what we want, write it down, then continue to take action steps every day to make it happen.

Once I did this, I learned that I actually could afford a house manager or personal assistant for ten hours a month to do things for me so I could spend more time and energy on my family, self-care, personal goals, and generating income. I chose to invest this money into creating more time and energy for myself whereas I could have spent it on a hand bag, dinner out with my family, or a new car with a higher monthly car payment. I chose TIME since it’s our most valuable commodity.

I also track and celebrate every dollar that comes into our family. When I get a notification from the bank about a direct deposit, a check in the mail, an unexpected discount – anything! – I say thank you in my head, do a little dance, or celebrate in some way. This signifies to the universe that receiving money is good and feels good to me, so bring on more of it!

Feel Good While Working With Your Money

Speaking of feeling good, when I pay bills online, I make sure I am feeling good before I sit down to do it. I approach each bill excited to pay it, rather than dreading it. The mindset I come to my bills with is: It’s so fantastic I have this money to pay this bill. It’s wonderful I can keep the energetic state of money flowing by both giving and receiving. Each dollar I send out into the world is going to some other person to bless their life in some way. Think of the jobs and livelihood and families my payment is supporting!

If this mindset about paying your bills seems like a far stretch for you now, then at minimum get yourself into a good feeling state before you pay your bills. Maybe you do a solo dance party to a song that makes you feel sexy and amazing. Maybe you light a candle, pour a glass of wine, and put on some relaxing music to make your bill payment an enjoyable experience. Perhaps you do it outside in nature, or follow it with a reward like an art class, massage, or pedicure. Whatever you do, bring good energy to your bill paying to keep the blessings flowing.

Abundant Word Choices

Here’s one final shift I made that has contributed to my abundance mindset. I am particular with word choices (for both myself and my clients) because I know our words or thoughts create our beliefs. Our beliefs create our actions. Our actions create our habits. Our habits create our results. Our results create our destiny.

As we discussed earlier, most financial advisors encourage you to have an emergency fund with a few months expenses saved up in case you lose your job or have an unexpected purchase to make. This extra savings makes us feel safe and secure.

Thinking about word choice, instead of calling your account an “emergency fund” or “rainy day fund,” why not call it an investment fund or security fund? I don’t want to invite in an emergency that we’ll have to pay for, so I avoid that word. Money needs a place to go and I’d rather it go to a real estate or retirement investment, rather than an emergency.

Even calling this account “savings” is tricky because money needs to be in a regular state of flow of giving and receiving. If you’re holding onto money and saving it for a rainy day, you’re stopping the flow of money. I’m not saying to go out and spend all the money you get – this would not serve you. But can you shift this old concept of emergency savings into money that’s working for you, that you could access if you did need to in the future? It’s such a subtle shift, but our subconscious minds and energy work that way.

Here’s to staying in the flow.

💖 Lots of love, your coach,
Sara

P.S. If you missed part 1 of this series, read it here. If you want to shift to an abundance mindset and heal your money story through coaching, explore my Mindful Balanced Life coaching program here!