I realize my last contentment post was a month ago. Wow! That feels so long ago and I have to say a lot of life has happened in four weeks. More notably was a trip to North Carolina last week for the spring Making Things Happen intensive and it was as always, a much needed experience in this season of life. I’ll be writing more next week about my week long trip and the awesome surprise I got when I was there but if you’re interested in learning more about the conference and what it’s all about, you can read my personal recaps from the last two conferences here and here. You can also sign up for the fall experience here! I can guarantee it’s going to be really incredible life changing two days. Also, if you have questions about what to expect or if you’re on the fence about coming and joining us, I encourage you to email me. I’m happy to help with anything!
As for my journey to contentment this year, the past four months have felt a little bit like a roller coaster. One reason pertains to a post I put out there on instagram this week, involving a bit about our struggles to start our family. It was a bittersweet week getting medical news we didn’t want to hear but at least there’s a rough plan and next steps in place to make this dream of ours a reality. Paired together with a recent meeting with our financial advisor and some really big lessons as a result of that pertaining to money, I wanted to chat today about financial contentment and how there’s been money on my mind (catch the Sam Smith reference there? Awesome). I also have to say in light of MTH last week, I think Nancy and Will Ray are rubbing off on The Bosses and I can’t say that’s a bad thing! As usual, onto my debrief.
Week Ten, Eleven, Twelve & Thirteen
What has not been working: One of the things I find hardest to manage financially as a business owner, is drawing the line between a business need and a business want. Anyone else get caught in that trap? I need to advertise here or the right brides won’t find me, I need to attend that workshop or I won’t network with the right people, I need to have upgraded branding or I won’t be perceived as talented, I need insert item you really don’t need here. Since I don’t often fall into this trap with personal purchases like clothing, hand bags, house stuff or vacations, I never really realized it was a problem of mine professionally, until the numbers were staring me in the face at our recent meeting. The recent mindset of spending money to make money hasn’t been working for me with my business. And the small amount of spending that is happening in personal areas of our lives (eating out days after we grocery shopped, another tee shirt from Target, wasting groceries and sundries) has been pretty irresponsible especially when we could be saving some of the money to help us make our dream of a family come to life. I wrote about this before here but being financially irresponsible hasn’t been working.
What has been working: Meeting with our financial advisor and committing to a plan for our future (which means saving and investing in purposeful ways for the rest of our working lives; we’re such adults) has been a really great way to stay accountable. It feels good to put money away that I know later I’ll be grateful for! Also, Andrew was a part of the second day of Making Things Happen when the Rays talk about financial peace and it’s totally amazing, and it really encouraged him and I to have a heart to heart about how we can view money differently together as a team. I know how important it is to keep the lines of verbal communication open in a marriage and I think it’s just as important if not more, to do so when it comes to money in a marriage. So hey, baby steps right! We’re working better as a team with this big part of our life together and that feels good.
Short term goal: Continue the #contentmentchallenge with Andrew until July. I’ll need to blog about this sometime soon because it’ll give me much needed clarity and I’ve also had some people ask me about the challenge. I’d recommend you read Nancy Ray’s post here or Lara Casey’s here. It’s an awesome challenge and really gives you perspective on how you spend and view your personal and professional wants and needs.
Long term goal: To end the year with a specific sum of money in my business savings while continuing to pay myself each month. I’m not sure what the specific sum is right now but that’s why this goes in the long term goal category. Does anyone else struggle with paying themselves each month? I’d love to hear your thoughts and experiences below. Feel free to share them with the hashtag #theyearofcontent too.
Happy Friday friends xoxo