Be emotionally intelligent with money

Words ABBEY BENVEGNU

It can be difficult to feel connected and on the right path if you’re struggling financially, and often find yourself frustrated with being sent bill after bill, after bill.

Working with people to move through their money issues and giving them strategies to manage their finances better, is what I’m passionate about. And I’m here today to share with you three strategies I use to help business owners upgrade their finances, and their money blueprint for the better.

1. Always… ALWAYS put money into savings.

Even if you only have 5c to put away, do it. And preferably in an external bank where you cannot see it. This is the start of a new habit where you’ll begin to prioritise saving money. 5c, $5 or $50, it doesn’t matter. Savings are savings, so remove any guilt or shame you may have been feeling

about not being able to save, and put some money away! It adds up quicker than you realise.

2. Never feel ashamed about what you earn.

Shame and money tend to go hand in hand. People often feel like they’re not earning enough, not earning as much as their friends, have more bills to pay and can’t seem to ever get on top of things. When the shame cycle starts it’s hard to stop! This is where a poverty mindset loves to wreak havoc. I believe in the Law of Sufficiency; more than enough to survive. And remember, it’s not about how much you earn, it’s what you do with it that counts.

3. Avoidance is low vibe.

A lot of the time we spend our money, and then dig our heads in the sand when it comes to facing what the ins and outs actually are, until it comes to tax time. This is a bad habit, and something that is stunting your success! If you don’t know how much you have coming in and going out, it’s like ignoring a partner – ignore them long enough and what will they do? Leave. So your money leaves just as quickly as it comes in. Managing your relationship with money, and nurturing your numbers is where the real shifts occur.

Human psychology towards money and spending works in a very different way to how our accounting and tax system reports and manages things, so what I love to work on with people is how to manage their money from an emotionally intelligent and financially savvy place.

If you take the time to implement these changes into your own life, and stick with them, you’re going to see changes within your finances.

www.abbeybenvegnu.com

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