Are You Aware Of Your Limiting Beliefs About Money?
We all want more money to do the things we love and live the life we deserve. By identifying and releasing the limiting beliefs around money
The Mindful Blog
Want To Be Good With Money? Practice!
“I’m not good with money,” That was my client’s go-to line for explaining away anything that involved negative cash flow. It was used to explain why she continued to struggle to pay her bills, max out her credit cards, and draw excessively from her now two lines of credit. It was also used to explain why she sold her home in order to continue having money to operate her business. By the way, my heart sank when I learned about her home. How did that happen? Was there really no
Is Your Business A Financial Hot Mess? Recover by Following These 5 Steps
I’m a recovering financial hot mess. Before 2011, organizing myself financially was never top of mind. Receiving a regular paycheck ensured that. I wasn’t an extravagant spender. Also, I suppose I lived within my means the way I knew how. For example, I cooked my meals most often, brought coffee to work, and took mass transportation when I could. From a salary perspective, I’d say I was fortunate. For most of my 12-year corporate career I earned anywhere from $85k to $110
Year-End Prep: 9 Steps To Help You Catch Up On Your Bookkeeping
Is your business behind of the bookkeeping? The good news is the year is not over. Therefore, there is still time to catch up and even get
Spend Less Money With This Set It And Forget It Tip
Have you noticed that the amount we spend is based on the amount that is in our bank account? For example, if the amount in our account is low, we don’t spend much, if at all. However, if the amount is higher, we spend more and often beyond what is needed. In other words, the more money we have in our bank account, the more we spend. Instead of the basic car wash, we get the more expensive deluxe package because we have more money. We treat ourselves to a glass of wine and an
Why Small Businesses and Their Bookkeepers Need To Communicate
As an accountant, I get frustrated when I hear about a small business canceling their bookkeeping service for the purpose of cutting down on expenses. No, I don’t get frustrated. I get defensive. I take it personally! I throw my hands up in the air! I loudly ask what is wrong with small businesses! Don’t they know they need to organize their financial records?! And then I stop being dramatic because my adult self knows that the reason to cancel was not made carelessly. When l
Hate Networking? Follow These 9 Tips and Take the Headache Out of Networking
...Instead, go into a networking event for the purpose of letting others know who you are and what you do. Furthermore, get to know others.
Deductible Expenses For Small Businesses
The unofficial first day of summer has arrived! Although, if you live in Houston, Texas, like I do, summer never really left! Now I hate to bring up the recent tax season, after a lovely Memorial Day weekend of chillin' and pool fun, however, we need to chat. The first three to four months of the New Year always, ALWAYS, makes me cringe. And I really cringed this year because many businesses seemed to be caught off guard when the various tax deadlines arrived. The last minute
4 Tips For Saving Receipts (Which Makes Your Life Easier)
As soon as you get the receipt, whip out your smartphone or tablet, and take a picture.
The IRS accepts photos of your receipt. Furthermore
Accounts Receivable Management: Tips for Getting Paid and Improving Cash Flow
Unpaid invoices hurt the cash flow of your business. Rather than turn to the default solution of increasing sales, look into improving the way your business manages its accounts receivable. What is accounts receivable? Accounts receivable (A/R) is the amount your customers or clients owe for services provided or goods that your business sells. Your client or customer does not pay for the service or item right away, therefore accounts receivable is an “I Owe You”. Let’s look a