Is Money Your Friend or Foe?

How you treat your money influences how much money you’ll have. That treatment determines how easily and frequently money will come to you. And how long it stays with you. If you respect money, you’ll maintain a flow of receiving money. If you disrespect your money, it will be harder to attract it consistently. Money won’t want to come to you or stay with you if you disrespect it. Would you want to spend time with someone who disrespects you? Unless you’re a major masochist, the answer is NO.

Do You Treat Money Like an Enemy?

How do you treat your money? Do you kick money to the curb by giving it away the first chance you get? Do you think “spend” first when you receive a payment or your salary? Do you usually have great reasons for why you don’t have enough money to save? Do you justify such disrespect of your money by thinking “you deserve” whatever you gave your money away to get?

How to Friend Your Money

Treat your money like a good friend or close associate. Welcome your money into your life, invite it to sit and have a cup of tea; ask it to stay with you and talk a while. Express gratitude for the checks you receive. Express gratitude for every payment received through PayPal. I celebrate — give positive energy to “You’ve Got Money” emails. Love them!

Money Blocking Behavior

There are things you may unknowingly do that stops the flow of money. For instance, do you procrastinate when it’s time to prepare and send invoices, getting them out later each month? If you don’t bill your customers on time, they will begin to think getting paid is a lesser priority of yours, and accordingly begin to pay slower. It’s difficult to explain how you really need your receivables paid on time when the bills go out late.

Do you receive checks but often forget to deposit them? Do you minimize the importance of small receivables or payments, thereby adding to money blocks in your life? Think about it.

I’d love to know your thoughts about this topic. Can you think of other behaviors (that you’ve seen or done) that impede the flow of money? As you think about it, share your insights here.

Warmly,

Judith Stephens, The Money Lady