Be a Rebel Woman

Budgeting Resources, Tools, and A Big Dream Goal

Uncategorized Feb 21, 2018

I'm currently in year three of a 5-year goal cycle. The kid's and I are manifesting massive travel plans starting in 2019, and it is so exciting to see things coming together! It's also scary as f*ck because it means things are really coming together!!

We dreamed BIG and we dreamed crazy and we are packing up our bags and chasing our dreams across Canada! Well, not this year. I have a few things I need to do to make this dream a reality and to make it a dream worth living, because I sure as hell don't want to be stuck in a metal box on wheels with two 'bored' teenagers, stressing out about finances, and constantly looking for the end of the road. 

I want to enjoy the experience, make memories with my children, and explore new worlds. 

I have already accomplished two huge tasks that needed to be done to create the foundation for this entire dream to work. In order to be on the road for three months at a time, I have to be able to make an income, and the only #smart way to do that is to have an online business. 

It's not so easy to 'have an online business'.

Year One I spent every waking moment of my day, every free hour of my weekends, and every ounce of my brain learning anything and everything I could about running a successful online mentoring business. I learned the language, I learned the systems, I learned who the 'gurus' were in technology, copywriting, marketing, design, business... there is a guru for everything, and I learned how to do it all on my own so I wouldn't have to rely on someone else to do it for me. (And I didn't exactly have the funds to pay anyone to do it for me anyways.) 

Year Two was the year I applied what I had learned and started taking action towards growth. I made money from my business. I put money back into my business. I hired my own coaches and invested in programs that taught me new tools and gave me the confidence to teach others. It was a year of steady growth and an expected first year in business. When I recently sat down to gather my tax info for my accountant, I was actually shocked at what my income for the year was! But...

Where the F*** was all that money?!

To be real, once mortgage and bills were paid, it wasn't like I had thousands of dollars to piss away #literally #beer, and I did take a good size loss in that first year of business #coachesarentcheap, but still, something was up with my finances. And it wasn't my savings account. 

Hello Year Three! This has always been 'the year' in our Big Dream Goal plan that I was going to buckle down and get serious about my finances and have a legit budget #adulting, so I was already prepping my money mindset, but actually sticking with a budget is not enjoyable. At least at first. 

I spent January trying to recover from December, and I was failing miserably. The money came in. And the money went out. And the bills kept piling up. And I kept sinking deeper. (I absolutely understand the panic of being 'one paycheck away' from homelessness.) Something needed to change.

I refuse to work for my money.
My money needs to work for me.

In the last five weeks: 

  • I ripped off the band-aid and I looked at my finances #debt #bills. Acknowledging my financial reality was painful, it's difficult to see those numbers! But it was also very empowering. I felt like I was back in control. #iamwoman
  • I reached out to a trusted friend (who is a Quickbook Queen) to set up and manage my Quickbooks. We discussed financial goals and obligations and created a realistic budget.
  •  I canceled everything! I pulled my bank and credit card statements and was totally surprised by how many 'subscriptions' I had! I canceled the beauty box (I have enough 'full-size samples' to last me until I can fund weekly facials), Audible (how about I listen to the 12 books I have already paid for), Hulu, Netflix (these two just about killed the kids... but I am never home to watch TV, and when I am home #doingdishes someone is always binge watching some 'important' show #buhbye), and a couple of random iTune apps the kids snuck past me.
  • I also stopped 'borrowing' to 'payback' with my next check, and instead, I upped my hustle. One of my money mindset sabotaging habits is to always 'rely' on that next payday. It keeps me in a place of scarcity instead of abundance. Just this one simple shift in how I think about money has caused such a huge ripple effect in how I attract money.

Don't pull money from places that it does not yet exist, stay present and create that flow of income in the Now.

 The last couple of weeks have been a huge learning curve and a constant awareness of where my dollars are being spent unnecessarily and where my budget needs tweaking. (That grocery budget is seriously a nightmare to keep consistent!) It took a few times of the kids asking for the crap they don't need #want for them to understand how serious I am about sticking with our 5-year plan. There wasn't an ounce of guilt when I told my 14-year-old daughter that I wasn't giving her a single dollar towards the random trip to Disneyland that presented itself to her. But there was a tremendous amount of pride when she stepped up her own hustle and worked her ass off to earn every single Disney dollar all on her own. (In less than two weeks #yougogirl.)

I have managed to pay off one debt, and I am quickly catching up on the essentials. I've turned 'budgeting' into this full-on mental game I play with myself where the goal is to not spend a dollar on anything other than the bare minimum living expenses. Sadly, wine isn't a 'living expense'. It is interesting what we can convince ourselves is a 'necessity' when we aren't emotionally connected to our finances or a goal. 

This whole 5-year plan came about because my family committed to a Big Dream Goal. We acknowledged that it would take time, there would be sacrifices and we agreed the outcome would be worth the process. If you are thinking that you are ready to go big with your own goals, I'll share the steps we took to get to where we are today. 

How To Big Dream Goal

  1. Dream Big! You are going to be putting in a lot of work, and using a lot of energy to manifest the life you are dreaming of, so you might as well go balls to the wall and do it big!
  2. Inspiration, Motivation, or 'Fuck you. Watch me.' (or a combination of all three). Whatever your 'why' is, you need to connect with it so deeply that you feel the electricity pulsate through your body whenever you think about your goal. That's the energy that will sustain you through the journey.  
  3. Clarity. Get clear, get organized, create your to-do list, and implement a strategy that will ensure your success. When do you want this goal to become a reality? What are the potential roadblocks that could deter you? What do you need to accomplish, to learn, to build to give you a solid foundation to dream from? Write these steps out individually and commit to each and every one of them. 
  4. Declare your Big Dream Goal! Tell anyone and everyone what your Big Dream Goal is. When you speak your goal out loud you are putting that energy into the Universe to be heard. You are also actively shifting your mindset and creating the belief that your dream can #andwill manifest into your reality. (It also holds you accountable.) 
  5. Action, Baby! Set that beautiful mind to 'GO!' and feed it a steady diet of ass-kicking mantras, heavy doses of self-love, and nurture it with golden rays of gratitude. 
    I'm a gal who loves efficiency and I crave organization, so here are a few tools and resources that I have been using to help me create a budget, save money and track my finances.

Resources

  • Quickbooks is a must especially if you are running your own business. There are virtual assistants (VA's) that you can hire to set you up or check out YouTube tutorials. 
  • Remember those 'gurus' I mentioned earlier, here is the Money Mindset Guru you need in your inbox. The Lucky Bitch, Denise Duffield-Thomas knows her shit. And she has the best app for tracking abundance (just as important as actual dollars in your pocket)! 
  • My email inbox changes when my goals and needs change. Right now I am all about the dolla', so my inbox is all things money related. The Daily Worth, hands down, has the most informative website/emails. It was created by a young woman with the goal of educating women about finances and investing and she does an excellent job of empowering women to feel confident about their money.
  • Apps are your 'real time' connection to what your money is doing today (or like this week). Download your bank app, credit card apps (you must get Credit Karma), utility apps, cell phone app, investment apps, ALL THE APPS!! And use them! Did you come across an extra $20 this week? Make an extra payment! Not sure when your next payment is due? GO CHECK! I'm motivated by visual cues, so when I see my credit card balance decrease or my credit score increase, I feel like I just got a gold star for coloring within the lines! 

I'm not going to lie, now that I have systems in place and I have made my finances a conscious priority, this whole 'getting out of debt and building a nest egg' is actually pretty fun! Ok. Maybe not exactly 'fun', I do miss my Happy Hours, but it is fun knowing that I am working towards a Big Dream Goal and that goal is so close to becoming a reality. 

 

Stay connected with news and updates!

Join our mailing list to receive the latest news and updates from our team.
Don't worry, your information will not be shared.

Subscribe
Close

50% Complete

Two Step

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.