
95: How To Manage Your Money
[00:00:00]
Genecia Alluora: This episode is brought to you by Instantpodcastleader.com, the leading platform to launch your podcast in 48 hours and make it profitable. Get your free audiobook and free web class at instantpodcastleader.com/webclass. I believe we can change the world. But first we've got to stop living in fear of being judged for who we are.
[00:00:27]
Genecia Alluora: Hi, I'm Genecia Alluora, founder of the number one leading female entrepreneur network in Southeast Asia, supporting 1 million women to own and love the F word. Being fabulous, having freedom, financial independence and family. With a challenge to women everywhere to stop talking themselves out of their dreams. Soul why - Secrets of the Soul Rich Women's blueprint identifies the excuses to let go of the behaviors to adopt and the skills acquire on the path to growth, confidence and believing in yourself to be recognized as a leader online, with clients online, and to have more impact on the world. Stop believing the lies about who you.
[00:01:11]
Genecia Alluora: So you can become who you are meant to be. You are just an F word away from the life you want. The marriage you want, the family that you want is going to be fueled by the business and life you build. Join me. Be a soul rich woman. Alone, we are strong. Together we are unstoppable. Welcome to the show.
[00:01:36]
Genecia Alluora: Hey, gorgeous, I'm Genecia Alluora your money mindset mentor today. How are you? I hope that you have been doing well. Today's topic is about how to manage your money. Now, this is really something real because I'm seeing this a lot in our industry. I mean, making money is one thing, but how do you actually take care of it so that you can manifest more? I've seen so many women over the last year sabotage themselves, fall into unhealthy habits, giving themselves excuses, and that they have to quit their businesses altogether, which is very bad. But you know what? This doesn't have to be you. It can be really simple to be a better steward of your money so that the universe can send you more. So let's get into it.
[00:02:28]
Genecia Alluora: First and foremost, hire a professional. Now, the first thing I want you to do is to hire someone to help you with the money. While you might be used to hiring people in your business so far, but you could be neglecting the money side, this is when you need to hire your first accountant, bookkeeper upgrade, or find somebody to actually help you to grow your wealth. When it comes to things like bookkeeping, you might think, no, I can actually do this myself. Well, I hear this a lot. Now, the truth is, you really do not need to do this yourself. Because if this is not something that is your zone of genius, then it's going to be really tough. So when I first started my business, I remember thinking, oh my God, an accountant or bookkeeper seems so fancy. But running a private limited company, it was necessary. I just had receipts everywhere.
[00:03:29]
Genecia Alluora: Things were out of place. It was a total mess. So I called finally an accountant or bookkeeper and asked them, hey, look, I really want to hire you but let me do something about it first. Okay? So you see, this was a real turning point in my business because up until then I was still trying to do something that I wasn't really good at, even though there was software available, trying to figure things out, going round and round in circles and beating myself up over it. I was really crap. I would not say crap crap, but really lousy being a steward of my money. That's why it was not an easy journey to accept that and I will want to focus in my zone of genius rather than focus on my weaknesses. And having someone like an accountant or bookkeeper is a very symbolic way to show the universe that you are going to take care of your money. Eventually, it did make me feel like a pro and you can really avoid problems to track down all your tax and stuff as well.
[00:04:48]
Genecia Alluora: So you just need to start on it. Well, another way is to have a simple money system. Now this is a money system that I personally use, which is to track my money every single day. I look at my PayPal account, I look at my Stripe account, I look at my business bank account every single day, not only to see what's going on expense wise, but also remind me that I'm in business to make money. So I actually write down the balance of my PayPal or Stripe account every single day. Because I remember in those first couple of years when I started writing down $0 on my own spreadsheet, it really motivated me to go up and chase those clients or to send those invoices to really focus on income producing activities. And not all that procrastination stuff that comes up in the business. Well, these systems don't have to be super fancy.
[00:05:54]
Genecia Alluora: I've seen a lot of women get into trouble because they don't actually know what's coming in and they don't really know what's going out. So you just make sure you look at the stuff because it's again, very, very symbolic. Number three, identify your money blocks. The third and probably the most biggest thing that made a difference for me was a huge turning point in my business is that I worked on my money blocks. I was spending a lot of money on things like courses, online courses, events and many more things that weren't giving me that mindset boost I needed. And really without that you can go off the tangent and really be off the muck without even knowing it was a self sabotage. So I had a fundamental belief that money was really hard to get, that I had to work really hard to make money, really super hard and that stuff that was going to sabotage me no matter how many amazing strategies I've seen. So I've seen so many things that happen to a lot of entrepreneurs and they actually can make the money, but they can't keep it because they don't realize that they have these underlying sabotages patterns around money.
[00:07:27]
Genecia Alluora: So money itself will not cure or heal your money blocks. It actually amplifies them times 100. And that is why when you see rich and famous people totally screw over their money situation, it's because they have not deal with the underlying stuff. And when you know that your particular money block to look out for, you won't do those things like overspending, buying new things every single time or blocking money from coming to you in the first place, that means you can't really receive money or sabotaging things when things are really getting good. And guess what? This is an ongoing process and no one will absolutely change your life for the better. I mean, the one that will change your life when you know your money block and I know mine, it's that you have to work really hard to make money and then you get to know the warning signs. So you will not be one of those victims of this crazy time in business.
[00:08:49]
Genecia Alluora: You'll be one of the ones that will pull through. So having that awesome money mindset will help you then find a team that will help you manage your wealth and do those simple systems that will make you and help you keep the money. But you're wondering, okay, Genecia, I believe that. But how do you identify your money block in the first place? Well, that's where I can help you. I have a lot of resources on this on my website. And I've helped over 100,000 women with this already. So I'm a real expert in helping you to figure out what your money block is. How do you get from stuck to unstoppable without becoming, without changing who you are? So all you need to do is to go to soulrichwoman.com and I'll help you to find the exact problem that you are dealing with right now with your money and what to do to overcome it.
[00:09:50]
Genecia Alluora: Well, trust me, I've seen it all. Once you know your block, you can clear it. Then when it comes up ever again. Next time, you'll be able to recognize. It and you'll be able to have. Those healthy habits without sabotage. And then you can really have that freedom to create that life and business that you've always desired to do. All right, so my dear, take your time and you are ready for the next step. Love you and bye for now.
[00:10:30]
Genecia Alluora: The key to unlock consistent success. The key to unlock that diamond within you. No other things involved. This is what you need to do and must do tonight. You can do it because I've done it. As long as you have a mentor who can take you from where you are now to where you want to be, you can shortcut your success. You can be different in order to make a difference. Turn your talent into your business. Turn your passion into a paycheck by being you, by being you and owning you. Give yourself a second chance. Never say no to your failures. As a woman, we have the power in our hands. Never let your fears hold you back. Quit thinking and start doing. Life is really short and keep pursuing what you truly ever wanted to achieve. Women come together. Alone, we are strong. Together, we are unstoppable. The Soul Rich Woman Blueprint is going to be transforming your life today, yesterday, last year. Because you took action today, I'm going to say more power to you.