Money Management Tips To Attract Money
Have you been following our money mindset series so far?
Next, on our money mindset series, we want to talk to you about money management.
Now I know what you are thinking, surely it's not managing the money you have that you want help with it is getting more of it.
Well to get more money, you need to look after the money you have.
Money is energy. It needs to be respected.
As money is energy, you should respect a 50 pence coin as much as a 50-pound note.
In this post, we are going to share some of our favourite ways to manage your money so it can flow more easily to you.
Clear the two most common places you deal with money.
For most people, this is their office and their wallet.
In your office.
Have a clear out. Track down any odd bits of money you have lying around and store it in one place. Straighten out any of the notes. Clear up any systems you have. Go through your Xero and Receipt Bank and make sure everything is in order and reconciled. If you have a personal bank like Starling Bank, go in and make sure that all of the money you have spent has gone to the right category and you have money set aside for your goals.
In your wallet.
Get rid of all old receipts, make sure the business-related ones are in Receipt Bank and then discard. Get rid of any loyalty cards that you do not use anymore. Ideally, your wallet should be a calm place. Not full of all different currencies, pieces of paper and rubbish.
If you are wondering what to do with odd coins from different countries, pass the energy on and donate to charity. DO NOT throw money away.
If you want to go extra woo-woo, get some small pieces of citrine to put in your wallet. If you believe in the power of crystals, citrine promotes wealth and abundance.
Know where it's coming from.
You should be crystal clear on all of your income streams. You should know who you owe money to and who owes you money. Put the infrastructure in place so that you envision the money coming to you. This is all about inspired action which we will talk about later in this series. Make sure all of your income streams are working properly.
Make it easy for energy to flow.
As we keep on mentioning: money is energy. So you want to help it flow into your life. So make sure you make it easy for people to pay you. Make your invoices beautiful, set up systems such as GoCardless, ensure you are looking after your cash flow. Make it easy for people to pay you. Make it so easy that people WANT to pay you.
Identify any leaks.
Have you got into any bad money spending habits? Are you, in your own opinion, wasting money in any way? Identifying leaks in your lifestyle or business is not being ‘tight’, it isn’t even ‘saving’ it is making sure that you are respecting and managing the money that you have.
Money is abundant. The more you believe that the more comfortable you will find making more money. So with that in mind do something (even something small) where you are doing good for someone else. Whether that is for a friend, charity or stranger.
We hope that this has all made sense. We know that this money mindset is all a bit woo-woo, but this post is a mixture of good business sense and mindset.
Take one thing from this list and action it within your own life. Do it today. Do it now!
About the author
Chloe Slade is the Marketing Manager here at Cone and focuses on creating content that brings business and lifestyle together. Chloe is keen makeup lover, foodie and loves to work from luxurous destinations.