Four Money Mindsets For A Rich Life

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Money Is A Tool

Money is often associated with greed, and corruption (Thanks Financial Crisis of 2008 and the $7.7 TRILLION bank bailout) but it’s simply a tool that we can use to gain freedoms and choices. Consider a brick. You can use it to build a house, or throw it, and break a window. As creative entrepreneurs, we need to adopt a more positive relationship with money so that we don’t sabotage our own success by our sheer aversion to it. This leads to weakness is pricing our products and services, under-education on money management, and even guilt for being paid for our goods and services. Evilization of money will cripple you in business. If it helps, think of all the good things that money does in the world. Check out the world-changing work of the Bill and Melinda Gates Foundation for a start. Prepare to feel good about money!

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 Money Isn’t The Best Way To Get Rich

Have you known someone with lots of money, but little joy?  Me too! Being an entrepreneur since age 19, I’ve had times with plenty of money, and I’ve had less than zero money after one of my businesses failed. Having a negative amount of money was painful, but it opened my eyes to what was really valuable in my life. It wasn’t a single possession. In fact, I sold quite a few possessions in order to pay my bills.  At that time, I had nothing in the bank, but I realized I was very, very rich. The things that I value the most are my husband, my friends, my family, my health, my podcast, my improv troupe, and my burning desire to build businesses.  Everything else is gravy.

This article from RichDad.com points out that many people who make a lot of money are not monetarily rich because they spend too much on living expenses and taxes. They often spend what they earn, and then some. This is worth a read. Just because someone drives a nice car, and lives in a big house does not mean they are rich in any way.

 

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 Time Is Worth More Than Money

We always here that time is money, but that isn’t exactly correct. Time is infinitely more valuable than money. You can always make more money which is one reason I don’t stress too much about it. I do stress out about time. Once you realize time is a non-renewable finite resource, you will guard it, value it, and cut out a lot of life’s bullsh*t. We start each day with the same 24 hours as everyone else. It’s empowering to know that we can take that even playing field and crush it by the end of each day. Here is a great post from Success.com on why time is more important than money. It turns out that people who value their time over money are much happier. And that is science, folks!

 

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 Money Should Work For YOU

How can we get money working for us, and stop our daily scramble to pay our bills and get ahead? Good news, JellyVisionaries, there are lots of things you can do!

  • Pay yourself first. When money comes in, set aside 10% and put it in an interest savings account. We all waste at least 10% of our money, so trust me, you will still pay your bills, but you may go out to eat less. Once you save a thousand dollars, consider moving it our of a low interest savings account into a higher return investment. Here are some smart ways to invest $1,000 in 2016. 

  • Use affiliate marketing to make passive income. Affiliate marketing is the process of earning a commission by promoting other businesses’ products. Establish yourself as an affiliate with your favorite businesses, and start promoting them to your audiences with your affiliate code or link which will typically give your audience a discount and earn you a commission. Consult this article from ProBlogger on the ins and outs of Affiliate Marketing. 

  • Sell products online. Your business can earn income while you sleep when you sell products online. Your store is never closed and is open to people all over the world. You just have to help them find you. Here is my post 10 Minutes To Selling Your Art Online but that method does take more monitoring than an online shop like etsy or having a shop live on your website. Here is an article on how to set up a store on your website.  It’s not as hard as you think!

The Jellysode:

 

I hope you enjoyed this blog post about money, JellyVisionaries! I wish you all the money you need to have the lifestyle and freedoms you desire. You are worth every penny!

LOVE,

Jelly

30 Day Transformation Challenges

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A Rough Start

I don’t know exactly when I started giving myself 30 day challenges, but I’ve been a big fan of the 3DC for a long time. Thirty days is imaginable–I can picture my future thirty days out, and anything seems doable for thirty days. I am not always successful. I made it 21 days on my 30 Days Of Green Smoothies challenge. I only made it 11 days on my 30 Days of Running Challenge. That one was simply foolish–my body was a wreck. It took weeks for my knees to forgive me. I don’t know what I was thinking. I lasted a whole 3 days of the 30 Days Without T.V. challenge, but that was really just bad timing as it coincided with the season premier of The Walking Dead.

I’ve been successful with these challenges too. I’ve gone 30 days without drinking. I’ve done 30 sit-ups a day for 30 days. I completed 30 days as a vegetarian. I went 30 days without cursing. I’ve ditched sugar for 30 days. None of these were fun, and I figured that was the point–it was supposed to be hard and I was supposed to be miserable.

Looking back, these previous challenges were about deprivation and punishment. They had little to do with personal growth, self-care, or education. The thrill I got when I completed one was temporary, and I had little to show when they were done. I was blind to their futility until I did this 30 Days of Blogging Challenge.

30 Day Challenge Redux

I get a thrill out of challenging myself, and a bigger thrill when I’ve completed a 30 day challenge. My current challenge of writing 30 blogs in thirty days is a lot different than all my previous challenges.

This challenge isn’t about depriving myself of something or experiencing some short-term torture without a clear reason, or long-term goal. This challenge is about creating and becoming a writer. This challenge is pushing me to develop a long-term writing habit so I can get in the groove to write a book. This challenge feels like a gift rather than a punishment. It’s forced me to rethink my entire approach to my 30 day challenges. From here on out they will be about transformation, personal growth, business development, creating, and learning.

The Next 30 Day Challenge

This will be my 25th blog post in 25 days. I am in the home stretch of this thirty day blogging challenge, and I’m already looking forward to my next 30DC.  I’ve been thinking about a few ideas that I’m happy to share. I’m really hoping that some of you will jump in and we can help encourage each other every step of the way.

Ideas for the next 30DC:

Pick a topic related to my business and study it for 30 minutes every day for 30 days.

Memorize a short poem every day for 30 days.

Cook a new recipe every day for 30 days.

Create one personal quote a day for 30 days.

Contact one potential client a day for 30 days.

Ok, JellyVisionaries! Who else wants to join me in a 30 Day Challenge? I’d love to experience this transformative process with you!

LOVE,

Jelly

Worry Is Not Worthy

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Thanks Rumi!

Today is National Poetry Day so I Googled “best short poems” because I want to be one of those people than can memorize poems and pull them out at the perfect moment like in the movies! I know my best hope is to pick short poems. Well, a lot of “short poems” aren’t actually that short. I did come across the gem above by Rumi, and this is going to be the first one I memorize. I’m almost there! Oh soul…

This poem resonated with me because I am an NBW–a Natural Born Worrier, but I’ve trained myself out of my extreme worry habit because I was making myself ill with stress. Worry never helps anything, and it has no effect on the actual outcome of situations. I still have to remind myself on a daily basis not to worry, but instead, to take an action to alleviate that worry.

Quotes That Nail It!

“Our fatigue is often caused not by work, but by worry, frustration and resentment.”
– Dale Carnegie

“If you treat every situation as a life and death matter, you’ll die a lot of times.”
– Dean Smith

“The reason why worry kills more people than work is that more people worry than work.”
– Robert Frost

Worry never robs tomorrow of its sorrow, it only saps today of its joy.”
– Leo F. Buscaglia

“Worry often gives a small thing a big shadow.”
– Swedish Proverb

Use Your Wings!

In yesterday’s blog post I wrote about the things making me uncomfortable, and how those things scare me a lot. It’s natural to worry about the things in life that scare you, but reading Rumi’s poem was the reminder I needed that I have what I need to eliminate my worrying. I am going to trust in my strength and not magnify my weaknesses. I’m going to use my wings to get things done.

Instead Of Worrying We Can Do This!

Remind yourself of all your strengths. Write them down if you need to.

Think of all the people that have supported you and believed in you. They’ve done that for a reason.

Prepare for what is ahead. Worrying about a presentation? Do your research, write your outline, make your slides. practice in front of a mirror or video camera.

Take action. If you are worried on a personal level such as worrying about a friend or family member, go ahead and pick up the phone, send an email, write a letter. Worrying is exhausting. It’s much more tiring than actually taking an action towards alleviating that worry. We tend to avoid taking action because it’s unpleasant or uncomfortable, but once the deed is done, you will be flooded with relief.

Stop cold turkey with the “What Ifs”. These are the things you can’t control and might not even happen. You are inventing unnecessary worries. Worrying about your air conditioning breaking on the hottest day of the year is a waste of your emotional energy because you can’t take any action to effect the probability or outcome of the “what if” scenario. You are also driving people nuts with it.

Smooth your worry lines, JellyVisionaries! We don’t have time to waste on something so unproductive. We have things to change, create, build, and invent.

Love,

Jelly

Making Myself Uncomfortable

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The Longest 20 Minutes Of My Life

Ok, I’m doing it. I’m trying out this public speaking thing on Oct. 15th at NEPABlogCon in Scranton, PA. I’ll be speaking for 20 minutes on why bloggers should consider starting a podcast. Here I am, a podcaster, in the midst of a 30 Day Blogging Challenge. Hello, day 23!

I am so nervous that I am having bizarre dreams about it every night. Reference my public speaking horror story to understand my terror. Surprisingly, I’m also starting to get a little excited about it. I’m looking forward to meeting 200 bloggers. In fact, if you have a creative business, I’d consider attending this conference or a similar one. It’s an inexpensive chance to meet 200 people with audiences. I bet many of them would find your creative ventures interesting, and that could lead to a feature on their blog, or some other collaboration. Tickets are just $15. Join me there! Make valuable connections!

 

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Sometimes, I Have No Idea What I’m Doing

I’m producing DC PodFest for the second year, and it is quite the adventure. Last year, I really had no idea what I was doing. Putting together a conference is intense because it takes all your skills plus ones you have to acquire on the fly, and then, demands that you use them simultaneously for several months. I love it! I’m scared of it! It’s so much work and sleep is very inconvenient these days. What if the conference sucks?! This year is actually less stressful than last year because I have a great team helping me make sure it’s a success. Team are so important. I want to hug them.

This is another perfect opportunities to meet a group of people with an audience. Podcasters are always looking for interesting people to interview. Being on a podcast gives you an opportunity to tell your story and get new people interested and aware of you and your business. Get your tickets to DC PodFest and make friends with people that have microphones! Use Password: microphonetime for $50 off your ticket!

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I Will Relax on November 20th!

Sitting on a bed of nails has got to be more comfortable than a second speaking opportunity! I’m pushing myself to be more visible and come out of my very comfy “behind the scenes” mode because it isn’t serving my goal of growing my business. So, I will be presenting, on behalf of my company, Social Media Rescue, a talk called “Tell Your Story To Sell Your Story” to the Northern Virginia Writers Group on Nov. 19th. This is a group of independent authors who want advice on standing out on social media so they can sell more books. I love helping creatives, so I have another strange mix of dread and excitement.

This period of extreme discomfort will help me grow as a person, and business owner. I am looking forward to coming out the other side. Oh my gosh–what if I discover that I love public speaking?! No way, that won’t happen, but something will.

What are you doing to be uncomfortable; to push your limits, to unearth your real potential? We have no idea what we are capable of until we jump off the metaphorical cliff, and see if we have wings. I bet you do–big, beautiful, luminous wings that will take you to incredible places!

 

Love,

Jelly