One of the things that you can do to become more aware of your beliefs about money is to actually create spending plans for your massage business and personal finances to see what exactly it is that you need to make and what is going in and out of your life as far as money goes.
Tracking every cent of your money will help you to create a more accurate picture of what you need each month to stay in business and to thrive. Most people underestimate what they need and don’t actually know what they need. Because money holds so many emotional beliefs for many people, it is easy to just keep avoiding tracking it.
Track your income and expenses in your business and personal life for about 3-6 months. You can then get a more accurate idea of what you need to make and create a spending plan every month. Notice I didn’t say budget. Budgets are so limiting and only tell you what you can’t spend. It doesn’t encourage you to make more so that you can so everything you want to do.
Each month track your income from doing massage and other sources of income. Keep track of all of your expenses- everything.
- Rent, phone, utilities
- Website, advertising, marketing
- lotions/oils, sheets, supplies
- Taxes (quarterlies, any state taxes if any)
- Classes, books
- Coaching, tax accountants, bookkeepers, billing person, supervision
Track your personal expenses and what it takes to run your household. Track everything you can.
One of the biggest things I discovered when I first started tracking things in detail was that it was just a math problem. It took away most of the emotional garbage that comes up when thinking and worrying about money. By tracking I can also adjust each month as I go and I know when I can spend money and when I can’t so I can make ends meet every month. Knowing each month that it is all going to be OK is a big relief! Not worrying about money can free you up to do what you do best. Massage!
Why Women Earn Less: How to Make What You’re Really Worth
Money Minder Software to help you track your income and expenses from www.financialrecovery.com
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