Many of the women I speak with are feeling a lot of stress financially right now. The key questions become: How do you remove this stress when you’re thinking about money, so you can do the work you’re meant to do, especially in a time like we’re in right now? How can we all replace a “lack” mentality with an “abundance” mentality?
The fact is your attitude about money is incredibly important when you’re an entrepreneur. As a woman in business for yourself, who you are – including your relationship with money – translates into your business.
A few months ago I interviewed my good friend (and now mastermind buddy) Linda Hunt for a training call for my members on The Language of Money – Understanding Your Language Around Money So You Can Change Your Relationship With It. Linda shared many great suggestions and powerful exercises during that call, that she really got me re-examining my attitude towards money.
I want to share just a few highlights from that call on how to improve your relationship with money.
Redefine what money is.
Money is energy but it is also a transaction tool that helps us attain what we want and need. It’s important to remember that money does not define your worth. It’s a separate distinct energy like electricity, a book or a table.
Develop a healthy mindset about money.
This mindset works for a lot of things, not just money. For example, the woman who diets and is successful at keeping her weight off is the one who changes her eating habits. She doesn’t deprive herself and she doesn’t view food as evil. She just changes her eating habits. She approaches it with a healthy mindset.
Money, like food, is emotionally charged for many of us. Probably because we heard the following messages growing up…
“We can’t afford that.”
“Money doesn’t grow on trees.”
“You must work hard for your money.”
The problem is we develop the mindset that money is the only vehicle for being able to get what we want or not get what we want. If you don’t have the money to give, you can’t get something. We end up thinking of it from our childhood perspective as though we’re being punished.
Instead of feeling bad about not having money, it’s a time to step back and look at your habits. Do they really reflect your family values? Ask yourself, “Do I really need this or is it just a habit?”
In my next blog post I’ll share a few more tips that will help you improve your relationship with money. In the meantime women in business really need to checkout my upcoming Metromom Prosperity Telesummit.