You can run a business, make six figures, negotiate contracts, sell your expertise, and make decisions involving thousands of dollars.
Yet opening your banking app to see exactly how much money you have?
Suddenly, reorganizing your underwear drawer sounds like an excellent use of your time. đ
Rather listen? Here you go Âť
There are plenty of women entrepreneurs who love making money but feel considerably less enthusiastic about looking at their numbers.
Iâm not talking about whether you understand a profit and loss statement or know how to read a balance sheet. Iâm talking about the simple act of looking at your money.
Your bank balance. Your savings. Your credit card debt. How much you actually paid yourself last month.
Since when did opening your banking app require so much courage?
The number in your bank account is one thing. What you believe that number says about you is something else entirely.
Your Bank Balance Has Never Had An Opinion About You
Imagine opening your banking app and seeing $8,427. Thatâs the number. But your money story has plenty to say about it.
I should have more money than this.
After everything Iâve earned, how is that all I have?
Iâm never going to get ahead.
Within seconds, youâve gone from checking your bank balance to questioning your financial future.
And the bank hasnât said a word.
This is one of the most revealing things about your money story. It assigns meaning to your numbers, often before youâve had a chance to consider what those numbers actually tell you.
Two women can look at the same bank balance and have completely different reactions. One feels pleased with what sheâs accumulated. The other feels disappointed that she hasnât accumulated more.
Same number. Different money stories.
Knowing your numbers is a money habit. How you feel about those numbers is part of your money story.
Avoidance Has Its Rewards
Thereâs a reason avoiding your numbers can become such a familiar habit. It gives you immediate relief.
You donât have to experience the disappointment of seeing less money than you expected. You donât have to confront a credit card balance thatâs grown.
You donât have to wonder why your business generated revenue but you paid yourself so little.
You can get on with your day, blissfully unaware of the number youâve decided you donât want to know.
Of course, your money doesnât stop doing what itâs doing simply because youâve stopped looking.
Your expenses continue. Your debt remains. Your savings stay exactly where they are until you do something to change them.
Hereâs the tricky thing about avoidance: the longer you go without looking, the more emotionally loaded looking can become.
What began as putting off a five-minute task can turn into weeks of imagining what youâll discover. Your imagination is perfectly willing to fill in the blanks, and it isnât necessarily generous.
Women Have Enough Things To Be Judged On
For generations, women have been subjected to expectations about being good, responsible, sensible, and careful with money.
Spend too much and youâre irresponsible. Want too much and youâre greedy. Make a mistake and apparently you should have known better.
Women can end up bringing those same judgments into every encounter with their own money. Plus, those messages donât automatically disappear when you become an entrepreneur.
You can be making more money than youâve ever made and still hear an old belief telling you what your bank balance says about you.
Your numbers are information about your money. They are not a verdict on YOU.
A lower-than-expected balance deserves your attention, absolutely. But it doesnât require you to turn against yourself.
You can be disappointed with a money result and still approach it with curiosity, clarity, and the expectation that you can create a different result.
Letâs Look At Your Money
Hereâs a simple exercise. Open your banking app and look at your current bank balance.
Before you start explaining the number, criticizing yourself, or mentally calculating everything thatâs coming due, give yourself a moment to recognize what youâre feeling. Your bank balance isnât asking for a character assessment.
Then ask yourself: What am I making this number mean about me?
Be specific. Your answer will reveal something important about your money story.
Then ask: What is the actual number, without any judgment attached to it?
One question reveals the beliefs and emotions youâve attached to your money. The other brings you back to the facts, where you can begin making intentional choices.
You donât have to wait until your bank balance reaches a certain amount to become a woman who knows her numbers. You can begin today, with the money you have.
Your money story doesnât get to decide whether you look. You do.
Looking at your numbers is an important money habit. Changing the beliefs and identity behind your money habits is how you create a whole new experience of making, keeping, and having money.
Thatâs the transformation at the heart of Feminine Money Mastery⢠Gold.
You can create substantial savings, eliminate debt and pay yourself generously by changing who you are with money.
Feminine Money Mastery⢠Gold is money mentoring for women entrepreneurs ready to transform their money story into a powerful money-making asset.
Gold is for you if:
Youâre a Solo CEO making 6-figures or more, and you have every intention of making significantly more.
You want bigger savings, less debt, and substantially more money paid to you.
Youâre ambitious about your business and ready to change your beliefs, identity, and habits with money.
Gold starts with The Millionaire Identity, the first live coaching session in our Money Identity Series.
Enrollment is open now. Join Feminine Money Mastery⢠Gold â
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Fabulous article, Kendall! đŤYou must have been a little birdie on my shoulder the other day when I started having insights about being âa numbers person.â
Moving here to Crete has given me a whole other appreciation about money and how people outside North America live.
Iâve been in âsemi-retirement modeâ here, in my âsecond-midlifeâ but I can tell you Iâm more passionately inspired about the empowerment of women (and my own empowerment) than ever.
As far as Iâm concerned, you are one of the most authentic powerful women in the field of womenâs finance and business that Iâve experienced in my career as an entrepreneur!
YOU are the Gold, Kendall, and I donât say that lightly. đ
Alas, I will not be joining Gold this yearâŚhowever I do intend to catch up with your Sacred Money Archetypes that I put aside for this massive move.
Your post has encouraged me to become more capable as âa numbers personâ.
Thank you for your post at just the perfect time! â¤ď¸â¤ď¸â¤ď¸