More On Money


Last week’s post Money Changes Everything got a lot of attention. Comments, tweets – many of you wrote me directly to share your own personal fears around money.

I figure I hit a nerve.

So, I gave a free class on Friday called Your Money Mindset. Here’s the download link:

Money is a hot button issue for a bunch of reasons, and we talked about some of them during the class. First, money is shrouded in secrecy. Remember when you were a kid? Did you know how much your dad made? Or how much your mom brought in? Did you know what your family’s mortgage payment was? Or how much it cost to load up the station wagon and drive to the Grand Canyon that long, hot summer?

Of course you didn’t.

One doesn’t talk about money.

And how did that set you up to handle your own money? Did you have knowledge, and experience, and a context for your own spending? Your savings? Your investing?

Did secrecy allow you to stand up and ask for money? No, I’m guessing it didn’t. Which is why you often find out too late that you are paid forty percent less than the guy in the cube right next to yours – and you do exactly the same work with the same result.

There’s also a ton of meaning assigned to money. Many of us think, “When I am paid $X, I will have it made.” But when we get paid $X, we still don’t have it made. It’s like the guy who thought plastic surgery would change his life. Truth? He had the same old troubles and worries – he just had a new face.

And we have so many ideas about money – ideas like, “Don’t keep your money in a bank. Banks cheat people like us.” Or, “Stocks and insurance are just for rich people.” Or, “My family has never had two nickels to rub together.”

The conflict comes in when we do have a bank account, stocks, insurance and a savings account. It’s pretty challenging to go up against all those beliefs people you love held dear.

But that’s exactly what you need to do to get your money mindset in order.

I love when people make big discoveries about themselves. That light bulb pops up over their head, there’s a gleam in their eye, they exhale three decades of stress out slowly – it’s a truly wonderful moment.

But there’s a step that comes after discovery. It’s asking yourself, “OK, now I get it. My ideas about banks are really my grandmother’s ideas about banks. What do I want my own idea about banks to be?

To set yourself free, you have to own your own ideas, born of your own experiences.

So if you want the secrecy to stop, stop it.  Sit down with your kids and go over a budget – with income and expenses.  Tell them there are some things a family shares with each other, and that you trust them enough to share something important.  How do you think that will set them up to be successful, independent, financially secure adults?

Pretty well, I’m thinking.

And meaning?  To tell you the truth, whatever you think you’ll do when you “have it made” – you can do right now. Want to be in a position to give back? Donate blood. Officiate a softball game. Mentor a kid. Want to relax and be less worried about money? Take charge of your finances. Completely understand where you’re spending and decide to do it in a way that brings out the best in you. Want to have stuff you love? Love the stuff you have.

When you take care of your financial health, you will have it made. Because you’ll feel better about yourself and your life.

Which is the whole point.

Money Changes Everything

 

Let me shoot straight with you.

Most of your biggest problems stem from fear.

And most of your biggest fears boil down to money.

Will I have enough?

Will I have enough to do all the things I should do?  Buy the things I should buy?

Will I fit in with my peers if I don’t have $150 jeans or regular Botox injections or trips to Disney World?

What if I have too much, and don’t fit in?  What if I become everyone’s piggybank?

What if I lose everything?  What would people think?

We place so much meaning on money.

What I’m paid reflects my value to society.

If you give me money, you must like me.

Money is the way to get the power to do what you want.

And there’s the negative about money.

People with money are unhappy, egotistical jerks.

Money changes everything.  For the worse.

These fundamental, underlying, limiting ideas around money don’t really help you – they only serve to hold you back.  You don’t ask for the raise, because you’re afraid you’ll find out what your boss really thinks about you. Which is – you fear – not much.

Or you decline to negotiate your child support agreement because you fear you’ll be reminded that your ex disliked you enough to end your marriage.

It’s a potent cocktail of emotion.  And some of you have ordered a double.  On the rocks.

But, believe me, money can be simple.  It can be easier. Know how?

Do this: Shift to seeing money as a tool.  Just a tool.  Not a referendum on you as a person.  Or your value to society. Or your desirability.

Swap out your troubling money thoughts for this: “Money is a tool that will allow me to do things in support of my priorities.”

Of course, you need to know your priorities.  And be very clear on them.  And make sure they’re your priorities, and not the priorities of your parents, your grandparents, your peers or any of the Kardashian sisters.

Because, in the long run, taking care of your financial health is the ultimate expression of self-care.

When I take good care of my financial health, I am taking good care of me.  And of my priorities, goals and intentions.

And when I am free of  limiting, negative, fearful attitudes toward money, I can easily ask my clients to pay me, or ask my boss for a raise.  I can make wise purchases and investments that support me and where I want to go.  When I am clear, I am the best advocate for myself.

When I stop operating from fear around money, I naturally move to living in comfort with money. I go from “can’t” to “can.” I move from lack to abundance, spontaneously.

It’s not that money changes everything, honey.  It’s your attitude around money that truly changes things.  Let it be for the better.

Let’s Re-Cap



Want to take a walk with me? Let’s walk back through some of our favorite blog posts of the year, shall we? And feel free to dawdle wherever you want.

We looked at a big, honking question on February 8th – What’s Your Why? Using the book Man’s Search For Meaning by Viktor Frankl as a framework, I talked about how to figure out your own, personal “Why?” so it’s easier to get to the “What?” and the “How?”

Power Talk on February 15th was all about how to nail a job interview, or shore up your position at work. “Why not use this question — “what are your expectations for me in the coming months?” — with your boss, or your board, or, if you’re brave enough, with your subordinates? Why not use this question to touch base, and to “sell” yourself and your abilities?”

The Absence of Perfect, Part 2 on March 1st looked at perfectionism: “You can hold on to your idea of “perfect” or, as I suggest, you can ask yourself, ‘what’s my best option right now?’”

Meeting Faith on April 12th was a personal favorite. I really did meet Faith. On an airplane. And she’s a PhD candidate with a fascinating personal story. Meeting Faith restored my faith that strangers are just friends I haven’t met yet.

Do Less, Get More from May 24th was not a slacker’s mantra, but rather an explanation of my 100 Units Of Energy theory. Oh, and it comes with a free recording!

Change your thoughts, change your life. That was the subject of A New Normal on May 31st. “When normal’s not working for you, just make a new normal.” Sounds so easy, doesn’t it?

Deep in the throes of writing a book that is still in process, I shared How To Tell A Story on June 7th, which debuted my simple tool: Now Words/Future Words. When you look at how things are now compared to how you’d like things to look in the future, you can consciously shift away from stuff that’s limiting you – toward stuff you really want.

Did I tell you about Meeting Sandra Day O’Connor? Yes, as a matter of fact, I did. On June 28th. This is a post about authenticity and knowing oneself. As Madame Justice clearly does (for those keeping track, this is the post about Being Your Own Buddha).

More Than Anything from July 26th, asked: “‘What do you want more than anything right now?’ Stop. You have an immediate answer, don’t you? That’s your gut talking to you.” Listen.

What’s The Point? on August 2 struck a chord with, “Never confuse urgency and drama with meaning and purpose.”

And this one was an eye-opener. Mama Ain’t Happy from September 20th discussed the disturbing findings that once a woman hits 47, her happiness declines rather dramatically. How to cope? Well, I urge women to… misbehave. Yep, misbehave and have fun.

In You on October 18, I talked about how you can change your language and find your power. It’s as simple as changing “don’t” to “will”.

As in, “I will keep writing my blog in 2010″ And, I will. Every week. I thank each of you for reading, and for sharing posts that resonate with your friends and family. It’s a pleasure, a privilege and a responsibility to write – and an honor when you tell me that something I’ve written has touched your life.

So, from the bottom of my heart, thank you for the connection between us. Bring on 2010. We’re ready, so let’s get going.

Inside And Out



Do you know yourself? Inside and out?

Do you know what you like? What you’re good at? What’s important to you?

And, more importantly, do you love that about yourself?

I had the opportunity to talk about all these issues recently when I was interviewed by Cath Duncan, a wonderful South African writer and coach, who does frequent calls with authors and thinkers on a range of ideas. She also has a great thing: The Bottom-Line Book Club. Cath summarizes the best books in self-help and personal growth, culling out the really important, useful stuff – so you don’t have to read the entire book! Brilliant.

Cath wanted to understand how to make a framework for goal-setting and came to me since I’m a framework kinda gal. Now, I could have talked with Cath for hours – she’s just that warm, curious and kind. And I think the interview was powerful and purposeful. You can listen to it: here.

My bottom-line is pretty simple. Making decisions becomes easy when you know your strengths, your values, your priorities and your preferences. And planning becomes effortless when you love them.

What do I mean? Well, let me ask you this: How much time do you spend beating yourself up because you’re not like someone else? Not tall enough, not thin enough, not rich enough, not organized enough? How often do you operate under a should, as in “I should really…”? Are you a person who believes that there is something inherently wrong with the way you approach things because it’s so different from the way your friends and family would do it?

And how’s that working for you?

If you’re unhappy, and maybe stuck, then your path out and through is a path toward self-love – a healthy appreciation and understanding of who you are and what you bring to the world. When you are there, you’ll find that self-doubt, self-criticism and self-loathing goes out the window, leaving only healthy, happy you.

So how do you do it? How do you come to know and love yourself?

You start with the facts about yourself. I often suggest clients take an assessment like the Myers-Briggs Type Indicator (I am a certified practitioner), and the StrengthsFinder 2.0. Take old performance reviews and look for repeating ideas and themes. Ask your closest friends and associates to tell you what they see as your strengths. And, take all this data and see what it tells you about…you.

There’s an old joke that goes: “There are two kinds of people in the world – those who think the world can be divided into two groups of people, and those who don’t.” Of course, I’m in the “don’t” pile. I believe the world can be divided into three kinds of people.

In my mind, there are three ways people take in information and interact in the world. There are people who come from the heart, leading with their emotions and their feelings, and there are people who come from their minds, leading with their thoughts and their intellect. And some people come from their bodies, leading with a physicality, in search of a tactile connection with the world.

I know a woman who is so physically oriented that she needs – needs – three periods of intense exercise every day to be her best self. The only problem was that her need for physicality felt different from people around her. She felt other. Tension and stress ensued. It was only when she realized that being physical was as integral to her happiness as breathing that she dropped the should, and began seeing her ultimate self expression in testing her physical limits.

While we thinking people want to test our intellectual limits. Finding, creating, understanding that concept – that is mother’s milk to a person who relies on her intellect. While those who come from the heart test the limits of their emotions. They feel – deeply, fully, compassionately – and, therefore, they are.

And, it’s all good.

The eminent psychologist Carl Jung held that at some point of our life, we become integrated – we know when it’s appropriate to come from our minds, or our hearts, or our bodies. We draw on each of these as needed to attend to the task at hand, certainly. But mostly, we draw on them to derive the most possible happiness from each and every moment.

All I know is that when I am clear on who I am, what I value, what I’d like to have, how I’d like to be, how I come from my head but also listen to my heart – and love every bit of it – then there is no shame. There is no stuck. There is only happy movement forward, in what can’t help but be the absolute right direction.

Pay For It?

Knowing when to ask for help is a hallmark of health.

Not a sign of weakness.

Or of moral collapse.

Nope, asking for help is a sign of self-awareness and strength.

And I am feeling quite self-aware and strong this week because I not only asked for help, but I got it.  I was so serious about getting help, darlings, that I paid for it.

When I’m willing to pay, I know I’m serious.

Now, for someone who has written a book with “De-clutter” in the title, you may find it odd to hear that I hired a de-clutterer.  But I did.  And it may just be the best money I’ve spent in a long time.  Because what had been a problem area – an unfinished storage area in my basement stuffed to the rafters with junk – has changed from being a stinking, rotting albatross around my neck to a chirpy Bluebird of Happiness on my shoulder.

I’ve thrown away 15 boxes full of junk.  Nine large green trash bags of… trash.  I have sorted toys and clothes and a huge pile of stuff is going to Goodwill.  And what I’m keeping is stuff I want, or is useful, or is loved.

I feel so relieved.  And happy that the thing I no longer need might be just the thing someone else will love.

And I couldn’t have done it on my own.  I know this.  How?  Because I routinely went down there, trash bags in hand, opened the door, full of intention to Clean This Place Up, and got immediately overwhelmed.  Where to start? How to start?  I’d usually end up heaving a huge sigh as I turned on my heel, snapped off the light and shut the door. Until I got up the courage to go down there again, which would always end in the same frustrating and diminishing result:  nothing done.

By getting the right kind of help this week, I was able to get the right kind of result.

So that’s why I hired a coach, too.

For someone who is a coach, you may find it odd to hear that I hired a coach.  But I did.  And it just may be the best money I’ve spent in a long time.  Because I was able to get clear on some very important things about my business and my life.  Clear enough to make really good decisions.

Now, I have to say that I’m one lucky woman.  I am in a circle of exceptional, generous coaches who coach each other on an as-needed basis.  It’s a tremendous gift and I am very grateful for the connection with these wonderful people.  But there is something that happens when you pay for what you need.  Maybe you take it more seriously, because you’re invested.  Maybe it has to do with making a commitment.   Maybe the formality of sending a check amps the meaning up a bit.

Regardless.  By working with a coach, I will be a better coach.  A happier person. And that’s a great “get”.

So, let’s talk about you.  Where do you need help?

Can you identify the results you’d like?  And find the perfect person to help you get there?

Can you call them today?  And to prove that you’re serious about getting this thing done, pay them?

Because, trust me, your life will be so much better when you do.