Are you ready  to improve your cash flow?

Improving your Cash Flow means that you are ready to plug the money leaks and spend your money in alignment with your financial goals, but also understand your peak and low Cash Months.

 

If you do decide you’d like to spend less, please do so with utmost compassion for yourself.

 

Going through your expenses and finding  ways to trim your expenses and plug “money leaks.” is is so important for your profitability and your business health of your business.

On the other hand tracking the peak cash month is that month (or months) where your cash balance is generally at its highest point during the year.
 

The low cash month is just the opposite. It is the month (or months) where your cash balance is generally at its lowest point during the year.

 

 

Here’s where many business owners make a big mistake with their cash flow.
When they are in their peak cash month, they feel really good about their cash flow because they have a nice cash balance.

Then they make decisions that use or commit that money not realizing that they are using cash they will need in order to get them through the trough month.

The result is a “cash flow problem” when the inevitable trough month arrives and there is not enough cash to get through that period.

 

In my opinion, this is one of the major killers of small businesses today.

 

Spending wisely isn’t just about being frugal: making good spending decisions must take into account our goals and values, in addition to the numbers.

 

The most important piece of managing your cash flow is not what you do, it’s how you do it.

 

If you show up to your money routines with an open heart and mind, you’ll get better results than if you show up frustrated, scared, and angry.

 

💫Identifying the money energy leaks is piece of mind..

 

💫The first step of any transformational journey is to simply become aware that a change needs to take place.

 

So now that you’re emotionally set, let’s get a go and begin :

 

1️⃣Take out your most recent bank statement and credit-card statement, the best way to do this is by downloading the transactions into an excel spreadsheet.
Start from the top of your bank statement and look at every expense.

 

2️⃣As you read the expense and remember what it was for, notice how your body feels.
 

Is this expense stresses you out or makes you feel anxious.

 

Feel what it feels like in your body with this person, thing, circumstance, or sensory image in mind.

 

Continue until you’ve gone through every line from the most recent month on your bank statement, your credit-card statement.

 

Note next to every transaction how it feels..

 

☑️Normal

☑️Stressed

☑️Happy

3️⃣What notes did you take while you have gone through all of your expenses?
Congratulations.

 

You’ve just compiled a list of Potential Financial Energy Leaks in your life.

➡️Those expenses that make you feel contracted as you review them are not adding to your power. Your body just told you.

 

❌You don’t have to think too much about this.

 

➡️The answer isn’t in your head.
It’s in your body. Trust her.

 

➡️Every expense that made you feel stress is something that you should start considering about keeping it or make a wise decision that you paid for once and you will not ever buy something similar.
Now, that you brought awareness into your spending you can make new decisions based on how you felt about the previous transactions.

If these transactions were in alignment with your values and how you want to run your business and your life this tracking process was the best way to find out how you were spending your money.

 

Wherever you identified an expense that stressed you out it’s a lesson for you for the next time you will have to buy something similar.

This process that brings awareness into your cash flow plan and plug ant money leaks is a very helpful tool for improving your cash flow.

Sophie

 

Ps. If you found a money leak and you managed to plug it tag me in Instagram.