subject: Powering Up Your Relationship With Money - 7 Signs Of Money Trouble [print this page] In the past several years, Ive worked with hundreds of women entrepreneurs, executives, consultants and small business owners who are, as I was at one time, in complete denial about their money situation. They know theyre not earning nearly enough or theyre spending too much, and money is slipping through their hands, but thats as far as their understanding of the problem goes.
In short, their heads are deep in the sand about their money relationship. Theyre working hard to ignore the obvious - the inevitable misery that will come unless they change directions, and fast.
How can you tell if youre in denial about your money situation?
Here are 7 glaring signs that youre in money trouble:
1. You cant pay your monthly mortgage or your rent without tapping into savings, retirement, home equity loans or other funds.
2. You are using your credit cards each month to buy essentials such as food, clothes, and gas.
3. Your small business, consultancy or private practice is losing money each and every month, and despite your valiant efforts, nothing you do is changing that fact.
4. All the ways youve made money in the past dont work now.
5. You dont have a Plan B in the event your Plan A fails, and you dont have the necessary benchmarks and signposts to tell you its time to change course.
6. Youre hanging on by a thread to your Build it and They Will Come mentality, but theyre not coming.
7. Someone you love and respect has been telling you over and over that youre in denial and things must change, but youve ignored them or argued against them bitterly
Do any of the above sound like your situation? If so, PLEASE act now. Dont wait another day. Your money situation simply will not improve unless you do things very differently, starting today.
What should you do differently?
Ive just read a terrific book called Life by Design (highly recommended) by Tom Ferry a well-known success coach and motivational leader -- and he outlines 6 steps to changing your life and living by design which I think apply perfectly to changing your money situation. These are steps I explore with all my clients as well.
These six vital steps are:
1. Wake up from your coma be aware of the key areas in your life that need attention today
2. Make the choice to change your life
3. Create your life by Design
4. Do the things that bring you power
5. Engage in visualizing the steps necessary to bring you to your goals, and see yourself already in possession of what you want
6. Create structure and accountability by telling others around you about your plans and goals, and get the outside help you need
I know from experience that in order for your money situation to change you must wake up to the severity of it, and commit to changing your situation by taking new empowered actions that will change your course. To do things differently, you need a new, fresh perspective that includes concrete, practical, and effective support, know-how, and help.
And yes, you can do this, despite the negative stories youve told yourself that you dont have what it takes. I know you do have what it takes to revise your money situation -- you wouldnt be reading this information if you didnt have access to the necessary resources, courage, faith and resolve to make this important life change. The energy of money is pervasive in our culture theres no escaping it. In this lifetime, youre being called to empower yourself so that money will flow in your life and business, and support you as you flow with it.
The problem of money breakdown in women (and particularly in women entrepreneurs) is so vast today that Ive committed myself to be an active part of the solution. Im excited to share that Ive launched a new marketing consultancy branch to my business called Breakthrough Vision Marketing, designed to help women entrepreneurs, executives, consultants and private practitioners step up to their highest visions of abundant success in their work by finding the right marketing, communications, and business planning strategies to support their empowered goals. My colleague Krista Carnes (founder of Booking Authors) and I are also launching an exciting series of educational programs aimed at helping women gain a Prosperity Marketing Mindset in their creative and business endeavors.
If youre stuck in shame or denial about money, get unstuck today! Come for a specialized reading about your financial situation as it pertains to your career, small business or practice. Call me for a Private Career Consultation and embark on a three-month breakthrough marketing coaching program. Ill help you see where youre blocked around money, and support you to begin taking new marketing and business development steps that will release you from your financial traps.
If youre in NY, NJ, or CT, come to our Prosperous Marketing Mindset workshop event on September 25th in Norwalk, CT or join our Prosperity Marketing Masterminds that will help you engage in profitable new endeavors to grow your small business.
Finally, check out my book Breakdown Breakthrough, Chapter 10: Escaping Financial Traps (or write me at Kathy@elliacommunications.com for a free chapter download).
Id love nothing better than to help you emerge from your financial challenges so you can be all you wish to be in life and work!
You're ready to take new prosperous action, and so is your business!
