professional money life Archives - Financial Therapy Solutions https://financialtherapysolutions.com/tag/professional-money-life/ guiding you out of money fog into financial confidence and clarity Tue, 02 Apr 2024 11:08:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 http://financialtherapysolutions.com/wp-content/uploads/2021/07/financial-therapy-solutions-icon2.png professional money life Archives - Financial Therapy Solutions https://financialtherapysolutions.com/tag/professional-money-life/ 32 32 How Financial Therapy Can Impact Your Business http://financialtherapysolutions.com/how-financial-therapy-can-impact-your-business/ http://financialtherapysolutions.com/how-financial-therapy-can-impact-your-business/#respond Wed, 28 Feb 2024 18:22:09 +0000 http://financialtherapysolutions.com/?p=1901 By Wendy Wright, LMFT, Financial Therapist Can financial therapy help bring balance to your mind and emotions when it comes to your entrepreneurial endeavors?  For today’s blog post, let’s consider how financial therapy can impact your business. To start, consider the questions below: Do you find yourself agonizing over your business finances? Do you struggle...

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By Wendy Wright, LMFT, Financial Therapist

Can financial therapy help bring balance to your mind and emotions when it comes to your entrepreneurial endeavors? 

For today’s blog post, let’s consider how financial therapy can impact your business.

To start, consider the questions below:

  • Do you find yourself agonizing over your business finances?
  • Do you struggle to “turn off” anxious money thoughts?
  • Does money take up more than 50 percent of all your brain space?
  • When I ask if you have made a 2024 business plan, do you want to run away?

If you answered “yes” to any of the questions above, then I believe that financial therapy can help bring balance to your mind and emotions in your life as an entrepreneur.

In a recent episode of The Women Empower Podcast, host Bri Logue and I talk about the origins of financial therapy and why I built Financial Therapy Solutions to help women heal their relationship to money. We also have fun talking about my unique journey from Memphis to Denver, riding my bike around Elvis’ house, and some of my own financial roller coaster rides. 

As entrepreneurs, Bri and I talked about ways that my approach to financial therapy can impact your business and help soothe your business money mind.  

Your business money life often feels distinctly separate from your personal money life, as if there are two sets of money rules – those shoulds and should nots – for your business funds and personal funds.  This may seem confusing and unclear. Conversely, your business and personal money may feel chaotically tangled up, which can drain you emotionally and create a deep money fog.  

In my financial therapy business consultations, I take entrepreneurs through a series of questions that can help decrease fog and increase clarity. As an example of the work I do with my clients, take some time to journal your responses to the following questions:

  • When I ask you if you know your top five key business numbers, what is your reaction –  in your mind, body, and emotions?
  • What is the amount of money you need to bring to your home/family from your income sources?
  • What is the amount of money you want to bring to your home/family from your income sources?
  • Do you have a written business plan, with numbers, for the next 12 months?

None of these questions are magic, but they are good places to start. Each one can bring up big feelings. If you notice a big feeling – like fear, numbness, avoidance, joy, and/or excitement – write about them. This increased awareness can often help you get one step closer to more clarity in your business money mindset. That is why taking things one step at a time really helps.

 

Ready to get started? Book a discovery call with me now!

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