Recapping the importance of your relationship with money

In this blog, I’d like to share with you the importance of your relationship with money.
How Connected Are You To Your Money?
Is money an important aspect of empowering yourself? When you are not connected to money there are many challenges you face. Let’s take a look at each one a little more closely and then learn what you can do to empower yourself to be strongly connected to your money.  Click to read more…
It’s All About The Money
Mention the word money to someone and see what their reaction is. Then ask them how much they make a year and watch their reaction. Ask them if they think they are great money managers and listen closely. Money is a touchy subject.  Click to read more…
Did one of these blogs resonate with you?  If so, I’d love to hear from you. Post to one of the blogs above or email me personally at kim@kimravida.com to share.

It’s all about the money

Money, money, it’s such an interesting subject

Mention the word money to someone and see what their reaction is. Then ask them how much they make a year and watch their reaction. Ask them if they think they are great money managers and listen closely.

Money is a touchy subject. Often we look at things in black and white. Those who have it and those who don’t.

Are you someone who wants to have more money? If you answered yes (and I can’t imagine that you wouldn’t) what is it you really think about it? Do you love money or do you hate it? Are you thinking “of course I don’t love money”? And if you said “I love money”, are you feeling excited and elated about that or are you secretly thinking “um, that feels really strange”?

The importance of your relationship to money

The way you feel about money is the way your relationship is with it. Yes, you do have a relationship with money. As a business owner, this plays a huge role in your success and of course, in your profitability.

If you have a negative relationship with money you might bury your head in the sand when it comes to knowing your financials. When you do that, that just leads to disaster.

As a business owner, not knowing your numbers means that you cannot create a healthy business. It means that you may even be working for free. Now I know you don’t want that to happen, so it’s imperative that you know your numbers.

How to know your numbers

Here are simple steps to get your started:

  • Gather your income figures for the last 12 months
  • Gather your expenses for the last 12 months
  • Add each of them up to get a 12 month total and then subtract your expenses from your income
  • Ask: what do these figures mean for my business?

After you get your figure, hopefully you’ll be in the green, but if you aren’t take a deep breath. This may be the first time you have seen everything in one place.

The reason you want to ask what does this mean for my business is so that you can take a look at what is going on. You may need to go through your expenses to see what needs to be eliminated but you also may need to increase your income. If you do this, one thing is for sure, you will have a good financial picture in which to begin to make changes to lead you to profitability.

Can you see how knowing your figures will help you determine your outcomes? First you need to see what is going on, then you need to make adjustments and then from there you can begin to work on making a profit.

Give yourself a pat on the back for doing this. This may be a new behavior for you and you want to make sure you congratulate yourself for taking this action!

 

My free e-book will give you a step by step guide to creating a successful and profitable business as well as a life! Download my free e-book now! It even has a companion workbook that you can use to get starting immediately.

How to avoid going down the rabbit hole

As entrepreneurs and business owners, it is easy to just jump in and get caught up in the doing or running a business.

e-book 5 Essential Steps

Believe it or not there are essential steps that you can take in order to create a successful and profitable business. Here is a brief overview of those essential steps:

  1. Know your why. Why did you go into business in the first place?  Was it to make more money, have more time, be your own boss, be in charge of how things were handled? What was your reason for going into business. When things get going and sometimes they get going fast and become out of control, when you can remember your reasons for wanting to go into business for yourself you’ll be less likely to give up and throw in the towel.
  2. Create your roadmap. The saying is true, if you don’t have a plan, then any road will get you there and usually not the “there” where you want to be. What is your outcome, then what is your first step to getting you there, your second, and so on. When you have a well thought out plan you will be able to reach your destination with a lot less pot holes.
  3. Be a good time user. When in business for yourself time is usually not on your side. Being very clear about what you will use your time for is a key component for success in business. Otherwise you’ll be that person who never seems to be able to get anything done or relied upon to come through and that is not a good place to be in your business.
  4. You must understand the financials. Not knowing your numbers means that you can definitely kiss a successful and profitable business bye-bye. Your numbers do not lie. They tell a story, it’s up to you to decide if you want that to be a happy story or a horror story. Tracking your income and your expenses at the very least is an absolute must. Do not underestimate the power of knowing your numbers inside and out.
  5. Mindset Mastery. A strong, positive mindset is the biggest key to a successful and profitable business. Your mindset will either propel you forward or hold you back. And my guess is that as a business owner you want to be propelled forward. When you are feeling as if you do want to throw in the towel, ask yourself “what is one thing I can do to change my thoughts right now?” It’s a powerful question and you will receive an answer, once you do, take action as if your business depended on it, because it does.

I suggest you begin at #1 and start to implement that this upcoming week and then go on to #2 and so on.  Whether you have an established business or just getting started each of the essential steps will help you become extremely skillful in your business so that you enjoy more of what you want, money, success, joy!

Love those steps and want more to help you succeed? Download now my free e-book 5 Essential Steps to Creating a Successful Business That Is Profitable. It’s normally $7.99 but it’s your’s for free for a limited time so don’t delay, get it now! The e-book comes with a companion workbook for you to use to put each of your steps into action.

I know that by taking action, you will receive amazing results!  Once you read it and take action, be sure to email me at kim@kimravida.com and let me know what step made the most difference for you.

 

How connected are you to your money?

Is money an important aspect of empowering yourself?

If you said yes, then you are connected to your money.  Whoohoo, more than likely you are in the green and doing well with your business.  More than likely you are making a lot of money and feeling great about yourself. Congratulations!

Now I say more than likely because sometimes while you may feel that money is an important aspect of empowering yourself, there are things inside you that speak to the contrary. When that happens, you aren’t connected to your money in a strong enough way. It means that you may be struggling to make ends meet, pay the bills and earn the income you desire.

Connect with money

When you are not connected to money there are many challenges you face. A few that show up are:

  • Lack of financial independence
  • Not feeling empowered with money
  • Feeling overwhelmed with basic financial details

Let’s take a look at each one a little more closely and then learn what you can do to empower yourself to be strongly connected to your money.

Lack of financial independence.

You may blindly trust the handling of financial details to others. You may be happy when someone else is making financial decisions for you.

If you are lacking financial independence you in essence give your power over to someone else. You avoid making decisions that you need to make, you choose to ignore certain steps that you need to take and it’s a place where you may be letting others run the show rather than you. This gives you less than stellar results making you feel like you have let yourself down.

Not feeling empowered with money.

You can easily allow others to make you feel disempowered or inadequate about money. When you aren’t connected to your money, it’s hard to be empowered with it. You can be taken advantage of financially. This shows up when you negotiate your fees and walking away feeling as if you got the short end of the deal or that you didn’t get what you are worth. It shows up by you spending too much for products and services for your own business and in your life. And it shows up by you not taking steps to ensure your financial security.

Feeling overwhelmed with basic financial details.

You may wish you didn’t have to think about making or managing money.  You may avoid facing your own money situation, hoping it will improve on it’s own. You may pay your bills late or even forgo certain services that you need to have for your business. You may have a hard time balancing your checkbook, or not even keeping one. When this happens you may cause a lot of financial stress for yourself and your loved ones.

If you see yourself in any of the above, first let me tell you that you are in a great place! Awareness is everything. Next you can begin to create a stronger connection to your money.  It’s never too late to start!

 

Creating a connection to your money.

Ask yourself the following questions:

  1. If you were solely responsible for your money management, what are 8 financial details you need to know?
  2. What are 3 qualities you appreciate in the people who have assisted you financially, and in what specific ways would your life change if you adopted these qualities for yourself?
  3. What beliefs would you have to acknowledge and transform in order to empower yourself to be independent financially?

Take a few moment to sit and ponder the questions and then journal them in a notebook. From there what one step are you willing to take right now?

I’d like to offer you an empowering money mindset as a take-way today.  It is:

“The more comfortable I get with money, the more I empower myself.” Say it outloud 3 times and notice how you feel. Then write it down and use it as your new money mindset.

If you are game to empower yourself, why not empower others, jump over to my Facebook page and share the one step you are willing to take right now to empower yourself and by doing so you’ll empower others..

The remarkable thing about what you are telling yourself

 

I’m a do-er. I love to get things done. However, I’m not always as quick as I could be at getting things done.

Woman saying yah rightI am also a story teller. I make up these really far-fetching stories in my head when it comes to getting said things done. And, by the way, I’m not telling just any kind of stories, I’m telling massively untrue stories.

Stories such as:

  • It’s going to take so long to get this done.
  • I have no idea where to start.
  • It’s going to be hard.

Ever say anything like that to yourself? Well, one thing I have learned over the years is that it NEVER takes as long as you think it is going to take so those stories that I have been telling myself are lies.

You’ll note that I haven’t said I’m a liar, but I really am. When I tell myself untrue stories I am lying, lying to myself and that’s just as hurtful as lying to someone else – actually it is even worse.

So what’s going on? Well, it’s a mindset. Mindset will make or break you. Now when it comes to money I have been known to tell myself so many untrue stories. The good news now is that I know when I’m telling an untrue story and it’s what helps me be able to help my clients with heir own mindset, especially when it comes to money.

Would you like a money mindset shift? If you said yes, take this Money Breakthrough Quiz. You’ll be able to see where your gaps are and start improving your own money mindset.

I’d love it if you shared your insights here or feel free to email me privately at kim@kimravida.com. I’m looking forward to hearing from you.

Do you have what it takes to have a winning mindset?

Were you ever told that you needed a new attitude? Sometimes you do. An attitude is your mindset. If you aren’t making the money you want in your business, you need to shift your mindset to one of unlimited opportunities for you to increase your self-worth and net worth!

Mindset is what I like to call the end all, be all. If you have the right mindset, anything is possible. If not, for the most part everything is difficult. Think about some pro athletes, often it is not their sheer talents and abilities that make them successful, but their mindset.

Do you have the mindset that it takes to win in your business? Do you have a winning mindset that no matter what, you will succeed? Did you reach your income goal from last year? What about for the month of January? If the answer is no, why not? What do you have to do or know or be in order to have that successful mindset so that you reach those financial goals? You may have gaps that are holding you back from reaching your goals.

Dollars and woman

If you have been listening to my free webinar series The 5 Key Money Areas, you may already have taken the quiz and know where your gaps are. If you haven’t taken the quiz yet, you can find it here, it’s short and it won’t take you longer than 5 minutes to do. It relates to The 5 Key Money Areas I’ve talked about this month.

Once you identify your gaps and take action to close them, you’ll be able to increase your self-worth and net worth. Doesn’t that sound like a beautiful thing!?

I’d love to hear what you think comment or email me at kim@kimravida.com to share!

Are you tired of waiting for things to change?

I was watching an episode of Brain Games and the scientist said that “everything you do changes your brain for good.” That’s a fascinating statement – so why then does it feel like it takes forever to 1) make a change and 2) see a change?

I have my own thoughts on this such as we have habits and patterns as well as mindsets that can keep us repeating the same things over and over again.Dollars spread out

Let’s take a look at saving money. Do you feel like it takes a split second to spend it yet forever to save it? Do you think “why bother saving money because it takes forever for it to grow”? If you do then no wonder nothing is changing.

Our mindset can make or break us and if we are in a why bother frame of mind, we are in a holding pattern, therefore there is no change because you aren’t doing anything. In order for our brain to change, we have to do something, not just anything though, it has to be something different from what we have been doing to see the changes.

So then, what will you do differently that will foster that change you want?  Please share here or email me privately at kim@kimravida.com

What fear of being poor really showed me

It’s a funny thing this money business (sometimes feels like monkey business), how is your money story supporting or destroying you?

Did you even realize you had one? You do! Mine was to hide my money (and sometimes it still is). I would hide it so that I’d have it. Even my close friends knew that I had a secret $20.00 hidden in my wallet. I called it my fail-safe but what it really was (only I didn’t know it then) was my fear of being poor.

See if I had the $20.00 then I wasn’t poor. BUT I couldn’t just have it in my wallet or I’d risk spending it if I saw it (oh the horrors) so I had to hide it. You are probably thinking “isn’t money there to spend” and you would be correct.

Holding Dollarsonto money like I was doing was only perpetuating my fear of not having enough. I was afraid to spend it because I was afraid it wouldn’t come back. I was in a lack mentality, a fear mentality and that mentality is a negative mentality.

This month I’ve been talking a lot about money, I even did a free webinar training series called The 5 Key Money Areas to help others who struggle with money be able to see where their gaps are so that they can let go and prosper.

Once I realized my negative mindset, I was able to free myself from the lack feelings and the fears. You will too. Listen to the free trainings, they are short, 10 minutes each and take one small action toward creating that prosperously positive mindset, you won’t be sorry that you did!

Want to share your story here? I’d love that, or feel free to email me privately at kim@kimravida.com

 

Try this superior edge to really succeed in business

Here we are the last week in February, wowwee!! How has your month gone? One thing that I have been hearing this month is that it’s “hard to make money” or “I keep trying to make more but nothing is working”.

It’s like the little train – you have probably heard it before, if you think you can, you can and if you think you can’t you can’t so either get on with it or get over it.

What I mean by this is first determine if you even want to do what it is you are thinking you can’t do – because maybe you don’t even want to do it – so move on. Or get over it and just do it.

Mountain Top

It is really quite simple, you do have to do the work, you have to take the action. I wish I could tell you that waving a magic wand would do it but truthfully it’s much more than that. By taking the action you gain so much. In order to have a successful, rewarding, fulfilling life/business, you have to do the work; you have to go through the tough times in order to reach the top. Climbing Mt. Everest wouldn’t be so rewarding if it were easy.

Maybe you aren’t climbing Mt. Everest but it might feel like that and if it does and if you aren’t focusing positively on where you are going, could it be that you don’t even want to be going there? Not everyone wants to climb Mt. Everest, I know I don’t but I do want to be the best I can be at what I’m choosing to do.

What steps will you take to reach your peak? What mindset shifts will you make?

If you would like a superior edge to succeed in business, listen now to my free webinar training on mindset. It’s one of The 5 Key Money Areas and one that can either make or break your success in business and also in life.

Feel free to leave your thoughts here or email me personally at kim@kimravida.com to share.

Are you sensational at making something successful?

Well it’s Saturday.  And it’s also Day 20 meaning Blog 20! I’m just going to take a moment and tell you (myself really) how proud I am of me.

Yay me! Yup, I said it, I am proud of me. I have been consistent with my blogging and I have been consistent with my theme this month of more money because I know I want more and I know so do you.

Yay me

  • Have you ever done something that you are proud of?
  • Was it something that you were maybe hesitant to do in the first place but then so glad you did it?
  • What were the feelings you experienced?
  • What happened to you because you did what it was you were hesitant to do?

I say this all the time, you may even have heard me say it here, it’s because we have the courage/determination/drive to take on something that we are less than certain of that we find the glory.

So please share your glory stories (you can also share the gory stories =), I’d love to hear them and I know my readers would as well. And as always, if you’d like to keep them private, email me personally at kim@kimravida.com.

While you are at it, pat yourself on the back for creating an opportunity!