Let’s talk about how to stay engaged when you’re feeling overwhelmed…
Managing your money can be a real drag sometimes. Keeping track of receipts, staying on top of your invoices and payments, and sorting out your taxes can start to feel like quicksand.
Have you ever wondered how other entrepreneurs manage it all?
Let’s kick off the conversation with a short excerpt from From Zero to Zen…
Set your money clock!
I tend to be a person who sees things in black and white. (You’re shocked, I know.) So, I really recommend getting on track with your money by being systematic about your bookkeeping activities. Certain things need to be done in a certain order and at a certain time. When you’re on top of this, your finances will flow effortlessly and you’ll be able to spend more time focusing on the things you enjoy. Wouldn’t that feel great?
I like to set aside time every week to “take care of business” and it’s a habit I encourage you to consider, too. Make it a non-negotiable item on your calendar so you don’t fall behind. It’s a great way of acknowledging the importance of your financial up-keep. If you make this time sacrosanct – even if it’s only 30 minutes to an hour a week – you’ll see huge benefits. You won’t be stuck facing 10 hours of cleanup and reconciliations to get caught up and you’ll have a much better sense of where you stand financially at any given time. Think how liberating that would be!
The general schedule I recommend includes daily, weekly, monthly, quarterly, and annual bookkeeping activities. Some people skip things here or there, developing a plan that works best for them. Regardless of what ultimately becomes your protocol, it would be great if the following tasks became a part of your bookkeeping activities. The more often you stay on top of these, the healthier your finances will be.
Ready for a few specific ideas?
Set your alarm
Set reminders in your calendar to open up your numbers and make sure all receipts have been added and clients have been invoiced. Follow up with any payments still outstanding and consider how much you’ll pay yourself this month.
Ring a friend
Schedule a meeting every other week to check in with another entrepreneurial friend to touch base on both of your financials ….or some other technique that you enjoy. Talking with someone you trust can help you stay on track and not feel so alone.
Get your learning on
The more I learn about being as healthy as possible with my Lyme disease (diet, exercise, meditation, etc.), the more it encourages me to stay aware of what I’m doing to get better. I read just about everything I can to keep learning.
You can feel better about your finances by reading more about it, including getting dialed into a weekly email that encourages you to keep up with your financial work while also giving you tons of information. (And, hey, I’ve got just the email to do that!)
Want to take a peek at your numbers together?
If you’re on the fast track to getting answers, and you’re ready to learn what to do and when, let’s talk.
You can schedule a FREE Financial Strategy Session with me and get answers to your most pressing concerns, so you can start building a strong foundation for the business of your dreams. Pick a time that works for you here!