subject: Turning On Your Money Taps [print this page] One of the things I've been working on for several years is cleaning up my money issues. That includes everything from thinking I have to work really hard to make a lot of money, to taking care of old debt, to having a plan for paying down new debt, to plugging even the slightest money leak.
The truth for me is that I tend to not pay attention to my money as much as I should, so inevitably something happens where money MAKES me pay attention. It's not usually a positive experience. ;-)
I've made some big strides in this area, and along the way I discovered that once I started really paying attention to my money, it started showing up a lot more in a lot more positive ways.
Here are 4 tips that have helped me immensely to turn on the flow of money into my business and my life that I know can help you too.
TIP 1. Keep a daily tracking sheet of what comes in...
I learned this direct from my million-dollar mentor Kendall SummerHawk. I track every penny that comes in on one simple sheet each day. When I first started doing this, I had days where I didn't have any money coming in, but within just one month, it's rare if there's even one day that doesn't have some sum attached to it.
TIP 2. Have a purpose for each income stream
I've always done this without really thinking about it, but once I started getting crystal clear about the 'what' and the 'why' for each and every one of my income streams, they turned from trickles to rivers.
TIP 3. Take care of any outstanding money issues
Just yesterday I sat down with files and phone numbers in hand to cancel some memberships I wasn't utilizing, get a refund on an erroneous charge to my bank account, and asked my assistant to send reminders for two overdue invoices. In that day's mail, I received checks totally almost $3000. See, money likes being paid attention to.
TIP 4. Find and plug those money leaks
In every business, there are places where money is leaking out. It could be the webmaster who charges by the hour and takes too long to complete a task. It could be a monthly subscription that you either don't utilize at all or that you aren't clear on its return on investment to be sure it's actually a good one to make. It could be paying monthly for a service you use all year in your business, and that you could save 10% on if you chose the annual payment plan instead.
When you start to pay attention to your money, it will immediately open up the flow of it into your business and your life.
Which one of these tips are you going to start doing today?
by: Alicia Forest
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