#121: 3 Money Habits for Growing Your Online Business

Today we are flipping the script on money habits. I’m so excited to have with me Rachel Cruze, author of, “Love Your Life, Not Theirs.” She is sharing her three money habits that, quite honestly, are right on the money! If you adopt these three amazing rules, your rituals around money management will empower you to see what is possible personally and help you grow your online business. Now, I like to think I’m a smart girl. I run my own business. I’m a planner. I understand my finances. However— I was blown away at how much one tip in particular changed my entire outlook and the way I managed money. And, then seeing how that affected positive change in my business—the results were fantastic. That’s why I want to share this with you so badly. You may have heard me say it already— but I believe that when growing your own business, it often feels that what’s personal is business and what’s business is personal. This could not be more true than for this very sensitive topic, money. Money is one of the most important common denominators in the management of your business and your personal life. These habits, once you adopt them, can truly help your online business grow. So, do these questions sound like you? Do you compare your vacations, your home, your car, your clothes to others? Does social media make it worse for you? Rachel’s first money habit will tell you some surprising realities about what you’re seeing in your newsfeed and WHY we compare what we see to our own story. Then, she tells you what you should be thinking and how to flip the script to actually make it incredibly positive—personally and professionally. Rachel shares how to turn this bad habit into a good one. Go here to listen. The second habit: You must have a plan for your money. Yes, I’m talking a budget. Don’t cringe! Not knowing where you’re money is going can cause stress and anxiety. These pain points affect your personal life and your business evenly. What’s personal is business and what’s business is personal. So, let’s flip the script! Rachel’s second habit is based on the categories that everyone needs to include in their budget. It’s these SPECIFIC categories that make this habit so achievable. These categories are relevant for not only you personally, but for your business too. Does your budget give you permission to spend your money exactly how you want? Rachel’s does. I hear you—that sounds counterintuitive. I promise you it’s not. And, even better you won’t feel guilty. I LOVE IT! This MUST-DO habit will address both your work and your home budget and help your business grow! Rachel’s third habit might be the most important one here. This is the one that will give you the permission you need as a business owner to take risks. WHY? Because this is the one thing you can do so that you are never forced to fail. If you have this, you will feel confident to go the extra mile, to go for launching your first course, to take that risk. You work hard for your money. If you adopt this habit, are wildly patient, and make it a priority, it will pay off. As a business owner, there will come a day when you will be able to reap those rewards from your hard work. Or, you will have the ability to save your business or your home because you did this one thing—and you did it consistently. Listen in to get the three habits you need for growing your online business.