How to Improve Your Relationship With Money

 “How to Improve Your Relationship with Money”


Just like you have relationships with other people, you have a relationship with money. First, decide that your money is important to you and worth spending time with. If you’re in a relationship with someone and you tell them “you’re just not that important to me,” how long do you think they’re going to stick around?

Do you keep your cash organized in your wallet or crumpled up in wads around the house with piles of loose change? I encourage you to treat your money with respect.

When money is important to you, you are willing to spend quality time with it, just like with someone you’re dating. Schedule a regular time to give your money your full attention.



During your “Money Date,” you can find out how your money is doing by reviewing your financial statements, balancing your checkbook, or reconciling your accounts.

In the past, when I didn’t have a regular “Money Date,” I handled my finances randomly. I would balance my checkbook and pay bills when I got around to it, which meant that sometimes I was organized and sometimes my finances were in total chaos. I wasted hundreds of dollars in fees that could have been avoided if I was monitoring my finances more closely.

Now that I have regular and consistent “Money Dates,” I have clarity around my finances, and I make better decisions. I love it, and I believe that you will, too.

Please comment on this post and let me know how this experience is for you.


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The Power of Your Permanent Wealth Account


“The Power of Your Permanent Wealth Account”


How much money has flowed through your life? How much have you kept? If you haven’t kept very much money, that’s because you didn’t have a structure – until now.

In his Prosperity Consciousness course, Fredric Lehrman invites you to imagine living in a time before bank accounts and finance on paper. See yourself carrying around a leather pouch and receiving your income in the form of 10 gold coins. You buy shoes. You eat. Eventually your pouch is empty and you do work to go get 10 more gold coins. Your pouch fills and empties and fills and empties – a natural ebb and flow. Most people spend as much as they make. When their income goes up, so do their expenses.

Now, imagine that you have a SECOND POUCH. And every time you put 10 gold coins in the first pouch, you immediately take one of those coins and move it to the second pouch. You continue to add and subtract from the first pouch, but the second pouch, you NEVER spend those coins. Eventually that second pouch would grow until it’s too heavy to carry around anymore.

This is the idea of the permanent wealth account.

Open a bank account that is completely separate from all your other accounts with the sole intention of putting money in there and never ever touching the principle.

Remember the story of the goose that laid the golden eggs? You wouldn’t ever kill the golden goose, would you? You’d want to live off of the eggs. The permanent wealth account is your Golden Goose.

Having this account reinforces two very important beliefs:


Belief #1


“I have money.”



What you focus on expands. If you’re always complaining about how you’re broke and have no money, it’s hard for money to come to you.

It’s easy to receive more of what you already have. So if you already have money, it’s easy to attract more.

Belief #2


“I have more money than I’ll ever need.”



What an abundant belief! You’ll never touch the principal, which means that you have more money than you’ll ever need.

In my experience, the amount of money in my permanent wealth account is the amount of money that moves easily in my life. It’s like a magnet for more money. When I got to $10,000, I found it easier to attract another $10,000.

It’s easy to calculate 10% of your income. And it’s easy to live off of 90% of your income. You won’t even notice it’s gone, as long as you pay yourself first.

You MUST pay yourself first!!! Otherwise, that 10% will get spent.  Every time you receive a check, automatically transfer 10% into your permanent wealth account. Do this until it becomes a habit and is automatic for you.

If you don’t have any income, start by contributing whatever you can. The practice of managing your money is more important than the amount.

You’ll have so much fun with this account that you’ll want to put more money in. Having fun is important! You’ll start by putting aside 10% of your income, and soon you’ll find that you can contribute even more.

Please post a comment below and let me know how this is going for you!  Your Permanent Wealth Account is a powerful tool.


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You’re Invited to The Lifestyle Business MasterClass!


“You’re Invited to The Lifestyle

Business MasterClass!”


Do you ever feel afraid that growing your business to the level you desire would require you driving yourself into the ground in the process?
You are not alone!
Unfortunately, I see so many entrepreneurs making the same mistake I did, working their way to burn out, without even realizing it!
That’s why I got so fired up when my friend Vrinda Normand asked if she could interview me for her Lifestyle Business MasterClass

I’m going to share about how to consciously design your business so that it supports your ideal lifestyle.
Here’s just a taste of what you’ll learn:
* How to Double Your Income AND Your Time Off! <---- No kidding! I've done this myself!
* The #1 Key to Creating More Freedom and Ease in Your Life (and Gaining an Extra 20 Hours per Week)
* How to Avoid the Top 3 Mistakes That Are Sucking the Life (and Profit) Out of Your Business
* How to Compassionately Set Boundaries so That You Don’t Burn Out
I’m not going to tell you that being in business for yourself is easy, but it’s definitely EASIER when you can learn from someone who has been-there-done-that and can show you some of the pitfalls to avoid.
You’ll receive valuable tips, tools, and insights that you can put into action right away to experience more ease, flow, and freedom while growing your business.

Click Here to Register for FREE!


Earn More, Work Less


“Earn More, Work Less”



I’m delighted to be a contributing author to the new collaborative e-book, “The Earn More, Work Less Formula!” It’s chock-full of practical secrets by 12 experts who’ve created success in business while still enjoying a happy and fulfilling lifestyle. I’ve expanded on one of my tips from the book in this article…
One of the most important keys to earning more and working less is to focus on PROFIT, not just on revenue!
When experts in our industry talk about how much money they’re making, they’re almost always quoting their revenue, the total amount of income that came into the business in a certain period of time.
But there’s a big difference between making money and keeping money!
For example, if you have 50 clients invest and average of $2,000 with you over the year, your revenue is $100,000.
You just hit six figures! Woo-hoo!
But wait…
Now you have to pay the expenses related to the programs, products and services that you’re delivering. If each client receives a program binder that costs you $10 in materials, that’s a $500 expense right there. If most of your clients are paying with credit cards, you’re probably paying $2,000-$5,000 in merchant account fees. And so on.
Oh yeah… and you also have your overhead, the cost of being in business (whether you’re making any money or not). Let’s say you pay $120 per month for your phone line and internet, $30 per month for your e-mail marketing system, $97 per month for Instant Teleseminar. These three services alone total almost $3,000 per year.
As you hire more team members, your overhead skyrockets and the pressure on you to generate more income increases. If you have an assistant for 20 hours per week at $15 per hour, that’s another $15,600 per year that’s not going into your pocket. You may find yourself working your butt off to make sure that everyone else gets paid on time, even if you have nothing left over for yourself.
What about the cost of acquiring new clients? Maybe you’re investing in paid advertising, like Facebook ads, or offering a “loss leader” like a free seminar to attract new clients. Let’s say you lead four free one-day seminars per year that cost about $2,000 to produce. That’s another $8,000 per year in expenses.
Did you ever see the TV show “I Love Lucy?” There’s an episode called “The Million Dollar Idea,” in which Lucy and her friend Ethel go into business making salad dressing. Their business looks like a success until Ricky figures out that they’re actually losing money on each jar.
Don’t let this happen to you!
This is more common than you might think, even at the 6 and 7 figure level.
For example, my highest sales total for a single year was about $750,000, but my expenses were through the roof! I still managed to turn a profit, but I had to work my butt off for it… I was on the road to burn out in the fast lane. I started focusing diligently on profit and became less concerned with being able to share my big, sexy sales totals at my next JV event. Now, my revenue is lower, but my profit is higher, and my life is 1000x more fun.
Yes, there’s a cost to doing business. But if you focus on profit, not just revenue, you can save yourself years of pain and suffering.
Was this tip helpful? If so, I highly recommend picking up your free copy of “The Earn More, Work Less Formula.”

Click Here for FREE Instant Access!


Financial Education: The Rule of 72

“The Rule of 72 should be taught in grade school,” said my mentor as she explained the financial planning model to my mom. I was training with a company to be a financial planner until I realized that I was being taught sales but not a whole lot about financial planning. Even at that time, I didn’t understand what was so amazing about the Rule of 72.

The Rule of 72 states that if you divide 72 by the rate you’re earning on your money, you get the time it will take for your money to double. For example, let’s say you’re earning 6% on your money. 72 divided by 6 is 12. At the rate of 6%, your money will double in about 12 years.

Financial planners get very excited about the Rule of 72. Personally, I don’t see the point. I don’t care how long it will take my money to double specifically. What I want to know is what it will take for me to reach my financial goals. What rate do I need to be making on my money? How much do I need invested? How much time do I need?

For this I use a Financial Calculator. Obviously, if you only have access to a basic calculator or are doing the calculations mentally, the Rule of 72 could be a useful tool.

Now you have access to both. If you find the Rule of 72 enlightening and useful, that’s great. Use what works for you.