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#8 - Tax Time! Organize Your Money for Ease and Abundance
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There’s a saying that goes “Money loves intention”
Meaning, when you are aware of you money, and tracking the income and expense of it, and you get all your systems set up and ready to make money... it all flows with so much more ease.
Conversely, if your accounting and money are all over the place- you won't be able to receive more.
In today's episode, I'm touching base on some of the mindset blocks that cause us to avoid our bookkeeping and a very simple but highly effective system to track your money so you can dance your way into tax time feeling the relief of knowing you have it all organized and ready to submit.
If you've ever dreaded the thought of having to balance your bank sheets or obsessed over how much things are costing... I hope this episode will help you take a new approach.
They certainly helped me go from being very *very* messy about my money, to being so well organized that I 5x my income!
Organize your money tips:
1) Have a system for organizing your finances and invoicing clients. Make sure you're tracking income and expenses weekly. Start simple with a Google Sheet and then graduate to a tool like Quickbooks.
2) View expenses like transaction fees as the cost of doing business.
3) If you notice blocks around money that are keeping you from tracking it on a weekly basis, then take the time now to work through those blocks. It will save you lots in the long run.
Some books that I recommend to help you start to heal and grow your relationship with money:
1) “You were born Rich” by Bob Proctor - amazing mindset shift about the concept of wealth
2) “Profit First” by Mike Michalowicz - this is the go-to book most entrepreneurs and accountants I’ve worked with recommend for organizing your business finances)
3) "Money- A Love Story" by Kate Northrup this is like a therapeutic workbook for overcoming limiting beliefs around money
4) "Rich Dad, Poor Dad" by Robert Kiyosaki - a wonderful story of how simple and smart investments can transform your financial reality
5) "Ask and It is Given" by Esther and Jerry Hicks - how to manifest anything you truly desire! (I know it sounds big and it is)
RESOURCES IN THIS EPISODE
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