Your Money Mistress' Blog

last lesson: From now on they’ll be “Shares”

yourmoneymistress — Wed, 21 Dec 2011 00:27:13 +0000

Yes, in 2012 they’ll become Shares instead of lessons. Sharing social capital instead of capitalism So now…. Give the GIFT OF TIME TO YOURSELF! As we paradoxically wind down while emotions run high this festive season, remember it happened last year and will again next year. If you’re happy with the way things are that’s great!! If not, aim for one area of improvement (eg the way you interact with a family member or the credit card bill in February).

Most importantly, give yourself at least one hour (preferably a day) between Christmas & New Year to reflect and create. Look at how far you’ve come (what ended & new beginnings) and how you will shape 2012 (what you’ll change & what you’ll keep doing). Set an EXAMPLE for those around you. If children want to watch as you “BRING YOUR DREAM TO LIFE”, ask them to be quiet, let them have their own sketch pad and textas, and have them do the activity too. Maybe have music and your favourite food, be in a park or by water and relax! Make sure, as you plug into this natural energy, that you look at your finances: what has been the change in the bank balance and nett equity? Look at the numbers with calm, realising they are only part of the BIG picture. Would love to hear when / where you plan to do this. For me, it will be a place called Razorback near where I grew up that I have not stopped at for years – the lookout looks over Sydney & the Blue Mountains. Have a great Xmas & Fantastic New Year!! xx

lesson 49: less stuff means less stress

yourmoneymistress — Wed, 30 Nov 2011 22:21:42 +0000

If you’re cleaning stuff out to make room for more “stuff” over Christmas, remember less stuff means less stress. Don’t fill the space! Let the energy flow and see how your improved external environment affects your internal environment (health & headspace). If you have less stuff, you don’t need to dust it, find it, fix it, replace it or insure it! Nor do you have to pay it off! Have a couple of “nice toys” but spend your time, effort & money on financial security items (real wealth) instead of trying to look wealthy. This ultimately gives you the freedom to be there for loved ones when it counts, and spend comfortably into the future.

Have this discussion with significant others so you all have a stake in the rewards of “healthy, happy family members who can semi retire in their 40′s”. Yes it’s hard if bad habits have already manifested but the longer you leave it the harder it will be. Use the GFC as an excuse if you have to

lesson 48: do you really want family & friends to go into debt for you?

yourmoneymistress — Tue, 08 Nov 2011 00:33:09 +0000

So you’ve liked the Face Book page, you’re listening to the radio shows, you’ve signed up for the newsletter at Financial Fitness and you’ve completed the survey to get your complimentary gift. Have you told your friends about these resources? Please do so as getting the cashflow conversation started is half the battle. With 6 weeks til Christmas, have you written a list of people you want to buy for and how much you want to spend? If the total amount divided by 6 doesn’t equal an amount you can save each week, you need to tweek your numbers, talk to the people on the list and modify your mindset. No-one wants their family and friends to go into debt for Christmas. Solutions include just buying for children, making it a Family Fun Day where the money spent goes into food and entertainment or travel to a central point. Start the conversation as to how this can be the most Financially Fit Festive season you’ve ever had!

lesson 47: Are you stretching yourself?

yourmoneymistress — Thu, 13 Oct 2011 02:57:30 +0000

Draw a dot in the middle of a circle. The dot is you and the circle represents the limit of your comfort zone. For example, spending $100 on a night out is right on the circle but $108 is outside the circle and thus your comfort zone. This drawing relates to all areas of your life (eg physical activity like number of push ups, work duties, love making etc). Now, set your goals just outside the circle (eg to save $x in the next pay cycle).

lesson 46: Who do you think your most important relationship is with?

yourmoneymistress — Tue, 13 Sep 2011 03:06:32 +0000

Is it your partner, your children, your parents, your boss (you may laugh but bosses certainly have some degree of control over your life), a creator of all things or yourself? May I suggest that the last two are the same. Without getting into religion or spirituality, you alone create your life. While you cannot control what happens to you, you can control how you respond to it.

People say I have this energy, this glow and I firmly believe it’s because I don’t have the burden of bad debt. Sure my house is small by today’s standards but it’s fully paid off. My vegetables are starting to grow and I feel fantastic! I don’t need the big city office and I’m doing more for the environment by working from home. This mental health helps when things don’t go according to plan.

So do you have healthy coping mechanisms? Do you talk lovingly to yourself, your spirit or soul, and support yourself as you would a friend? Indeed your financial situation improves when you do. When you realise that your inner passion, your positivity and purpose will get you through, you don’t need to spend money to feel good. When you connect with something greater than yourself, you’ll want to enjoy all that this wonderful life has to offer. You won’t want to spend time spending on material possessions. Can you see that by connecting with yourself how will you see your life improve?

Til next xxxx

lesson 45: don’t spend your health trying to build wealth

yourmoneymistress — Tue, 16 Aug 2011 05:56:31 +0000

A recent hospitalisation had me questioning the power of the mind. Why couldn’t I recreate the healing I’d read about in books, instead of having to crawl on the floor because my body’s lack of balance was causing nauseous? I had a new appreciation for my inner ear and decided to listen to my body. So I slept days and nights, remembering the saying “Some people spend their health building wealth only to have to spend their wealth regaining their health.”

While this wasn’t me, I did have time to think about the small business that I thought might become big business. Yes I want to make the world a much better place. Yes I want to provide jobs and see people financially independent, without concern for food security. But where do you draw the line? Think about where you would draw the line if suddenly you couldn’t work. Would you forgo the new TV or holiday? Would you do a budget and look at your financial affairs? So what’s stopping you from doing that now? Indeed look at these questions now and realise that your wealth is all about what’s on the inside. When you cultivate this internal wealth, your financial affairs improve because you don’t waste money on unnecessary purchases. You already love life, needing little else.

PS Thank you to my father who bought the prescribed drugs needed when I wished I was unconscious. May no-one ever have what I did (still undiagnosed but now at least, no more than a memory).

lesson 44: Listen to your radio tonight ;-)

yourmoneymistress — Thu, 14 Jul 2011 06:08:26 +0000

It’s easy to get caught up thinking either 1. you’re the only one with a money situation (or other personal problem) as bad as yours, OR 2. everyone’s in the same boat so what’s the use?

Well, listen in tonight to 100.3 FM (yes you can stream it via www.2MCR.org.au). From 10pm EVERY Thursday Your Money Mistress will be hosting More Love & Less Debt, talking mind, body, wallet, as well as relationship tips. Connect on the Face Book page More Love & Less Debt to ask your questions, have a say and request songs. See you on the airwaves xx

lesson 43: What are your new Financial Year focii?

yourmoneymistress — Mon, 27 Jun 2011 05:40:19 +0000

Every 6 months I do strategic visioning, looking at what has happened in the last 6 months and where I’d like to be in 6 months, both personally and professionally. I look at what I’ll focus on with laser like intensity. So, with my mother suddenly going in for a quadruple bypass today I remembered the saying “Don’t spend your health trying to build wealth, because then you’ll be spending all your wealth to regain your health”. Luckily my Mum has a healthy heart, full of love and wasn’t trying to build wealth. It’s just the arteries around the heart that need fixing. And I’ll be there when and where needed. I could spend more time working, increasing revenue but for many years I’ve said family comes first.

So when you look back will you be happy with what you focussed on? And what are your top three focii for the next six months? Yes I’m happy when I look back and for the next three months (because my health is already subconsciously running well), I’ll be focussing on:

1. National Financial Fitness Licensees (www.financialfitness.com.au)

2. Getting Your Money Mistress into the mining and building industries (www.yourmoneymistress)

3. One strategic alliance in each business stream.

I look forward to hearing what yours are (here or privately). xx

lesson 42: New financial year means new habits

yourmoneymistress — Thu, 09 Jun 2011 23:20:43 +0000

Short and sweet. Here’s a clip of me giving a couple of financial fitness tips to

people in a library. If you’d like more tips sign up for the complimentary newsletter at www.financialfitness.com.au and if you live OR work in NSW, Australia you may like to attend our course starting on 22nd June in Queanbeayn – enquire via the Financial Fitness site.

And now: One hour a week habit

http://www.youtube.com/user/YourMoneyMistress?blend=6&ob=5#p/a/f/0/dodLSKkg8Hw

lesson 41: Adopt an attitude of gratitude & see me speak

yourmoneymistress — Tue, 17 May 2011 01:56:39 +0000

Ladies & Gentlemen.
My new Face Book page (More Love & Less Debt) would love you to like it! There’s more opportunity for interaction, as well as more frequent tips. Soon, details of my free talks in

Canberra (19th May) and Sydney (25th May) will be up on the page. And the News & events page on www.yourmoneymistress.com has a flier for Canberra. NOW, to your attitude of gratitude. Last night I attended the NSW Premier’s first Community forum and heard the plight of the homeless and disadvantaged - one story in particular pulled the heart strings. So if you have a roof overhead and food on the (coffee) table you are doing much better than many Australians (indeed than a lot of people worldwide).

By being GRATEFUL you are conditioning your mind to be positive. This automatically allows you to hear conversations and see opportunities that will improve your situation. This is because the Reticular Activating System (the “gatekeeper” to what goes into your conscious allowing you to “pick up on things”) will have been stimulated positively. If you have a negative attitude the RAS will filter out the positive and let you see just what you expect (more doom and gloom). So Adopt your Attitude of Gratitude and let me know your thoughts – here or preferably on the Face Book page http://www.facebook.com/pages/More-Love-Less-Debt/168810139839502 Thank you! xx