If you are here - Alchemy of Abundance Fairalchemyofabundancefair.com/.../3-Steps-Reclaim-Your...If...

If you are here, then you have

probably struggled at some point with owning

your power around money.

I want you to know that this is one of the BIG 5 Money

Mistakes I have found and in this eBook, I’ll show you

how to end being vague and disengaged and…

Reclaim Your Power around MONEY!

1 3 Steps to RECLAIM Your POWER around MONEY 2016 | www.michellewalker.com.au | [email protected]

Ready? YES NO

Michelle helps women coaches,

healers and creative entrepreneurs

get free of money and creativity

blocks so they create a life of

abundance and bliss, and have a

bigger impact in the world.

She is passionate about making it

easy for those called to share their

gifts to help shift this planet from

scarcity to love and abundance.

Through her programs, client

achieve life-changing results.

Known for her ability to blend

spirituality with practical action and

money with creativity, she teaches her

clients how to tap their natural talents

to earn their worth doing work they

love and have a fulfilling and

prosperous life.

Michelle is a masterful coach, teacher

and guide. She is also an artist, a

lover of nature and playful joyful soul.

In the past 15 years, she has grown

and run several successful

businesses, been invited to teach and

speak around Australia and in the

USA and other parts of the globe.

Prior to that, borne from her passion

to see change in the way we care for

the environment, she lead the

development of an award-winning

environmental policy for Australia’s

coast.

About Michelle Walker

Learn more about Michelle’s programs

and coaching by visiting her website at:

www.michellewalker.com.au


Ever been guilty of these?

1. You let someone else in your life

take care of the money and make

financial decisions for you – maybe your

partner, or spouse or even a parent.

2. You believe you are no good

with money and you tell yourself this

on a regular basis – in fact, you might be

really hard on yourself and say things like

'I'm a terrible money manager' and really

believe it.

3. You often feel vague and foggy when it comes to money and all things

financial.

4. If you are in business, your

finances are your least favourite thing –

you'll do any other task before you sit

down to do the monthly report, your bank

reconciliation and lodge your quarterly

returns.

5. If you are a professional in paid

employment, having a savings or a

spending budget and keeping to it feels

sooooo constraining it's about on a par

with getting root canal or a mammogram!


“I understand Money isn’t a focus in life for you!”

Do any of those apply to you?

Honestly, these are incredibly common and I find so

many people are a yes to more than one.

I know for many, money

isn't a focus of your life...

You see other things –

like your health and well-

being, supporting loved

ones, giving to your

community, being able to

do the work you love and

share your gifts as being

so much more important.

I completely understand.


While money remains outside your

focus and power, it's like everything

to do with your money is in a locked

room – you can’t change what's

happening or the decisions that are

being made and so, you can’t

influence what the outcomes are.

In terms of cost, that may

be in the hundreds, or even

thousands of dollars you are

either:

1. paying out unnecessarily

or

2. not bringing in.

Here's where this Mistake of continuing to

be vague and give your power away around

your money is literally costing you:


“Being vague and giving your power around money away is literally COSTING you!” - Michelle

So, ask yourself what is the COST

of that in terms of freeing up YOUR

TIME or what CHOICES you have...

Focus on what matters most to

you and then look at what less

spend and more income would

mean in those terms?

When you see that, you'll see

why it's important to pay

attention to this part of your

life!

It’s time to open that door

and step in! Now you can make really

big changes to what

happens with money and

I'm going to show you how.


Step #1

Practice the

Money Manager

Superhero Stance


First, I'm going to teach you

the Money Manager

Superhero Stance.

This might sound a little strange but

studies have shown that body

language shapes who we are, and

how we stand and move can

radically affect how we feel and how

others see us.

In a study of people speaking

publicly, half the group practiced a

Superhero pose before they went

on stage.

Those that did the stance were

thought by the audience to be more

captivating and confident

presenters after just a few

minutes of the high power

poses.

…after only 2

minutes of

power poses,

audiences

found those

speakers to

more confident

and captivating


You start in Position 1


Move to Position 2

I am an awesome Money Manager!

I am great with money!

I am great with numbers!


Money Manager Superhero Stance

It’s time to put this into action!

Do this cycle 5 times and notice how

you feel and if anything changes as a result of doing the Superhero Stance.

Do this exercise every day for the

next 7 days and keep a note of what changes you notice.

The changes I

noticed were…

Tick when complete – YAY!

Day 1 Morning Evening








Step #2

Get intimate with your spend


Now it’s time to get intimate with your money,

in particular your spending.

And lastly, list all your weekly

expenses, such as food and public

transport, petrol and parking for work,

maybe you have a mortgage and pay

that weekly.

It's important to get all your expenses –

yes, I mean everything including the

coffee you get at your favourite cafe

each morning.

Write it all down and now work out

what it costs you to live each month...

So for each annual expense, divide

that no. by 12 and add it to the list. For

each weekly expense, times by 52 and

divide by 12 to get a monthly figure and

add that to your list.

Now add up all the numbers and

get Your Monthly Spend.

Set aside 30 minutes today to

make a list of all your recurring

expenses over the year. You may

need to grab bank statements and

copies of past bills to do this.

To help you, I've made a checklist

and calculations template.

Start with yearly expenses.

Make sure you include

business and personal items - like

car insurance or professional

memberships.

Write the expense and the

amount.

Next list all your monthly

expenses – like your phone and

Internet, health insurance, maybe

credit card debt if you have that.


Recurring financial expenses

Business insurances

Business registrations

Domain name fees

Website hosting

Software subscriptions -

Email responder

Membership site provider

Landing & sales pages

Webinar providers

Scheduling software

Storage software

etc.

Professional memberships

Training course fees

Technical assistance

VA

Web master

IT support

Graphic design

etc.

Car insurance

Registration

Servicing

Mortgage repayments /

rent

Rates / body corporate

Electricity / gas / water

Phone – landline, mobile

Internet

Health insurance

Medical expenses

Groceries

Meals out

Parking & petrol

Public transport

Toll fees


What’s it for: How much: What’s that monthly

(/12)

Annual expenses:

What’s it for: How much: What’s that monthly (x 52 /12)

Weekly expenses:


I know this

looks boring

but there’s

POWER in

these no.s

What’s it for: How much:

Annual expenses: Monthly figure*

Weekly expenses: Monthly figure*

TOTAL MONTHLY SPEND $

Monthly expenses:

*This is the figure you calculated on p.15 16

3 Steps to RECLAIM Your POWER around MONEY 2016 | www.michellewalker.com.au | [email protected]

Reduce & eliminate expenses

Let’s look out where you can save money

by reducing or eliminating spending.

Compare insurance

company prices for:

Health

Travel

Business

Car

Shop around for cheaper

mobile and internet service

providers – check your plan

Renegotiate rent / mortgage

repayments

Does paying weekly make

it cheaper?

Cancel unnecessary /

redundant memberships &

subscriptions

I did this activity a while back and

found by adjusting my health

insurance, cancelling some

membership subscriptions I didn't

use any more and rejigging my

home loan set up, I reduced my

monthly living costs by a whopping

$1,100 per month! That's more

than $12,000 over the year.

And in terms of income, that was

more than $16 grand in revenue I

didn't have to earn and still have

exactly the same standard of living

and spend power! By the way, If

you're wondering why $16 grand, I

pay 37c in the dollar tax, so that's

the before tax figure to have

$12,000 in my hand to spend.

Switch bills to paying

annually where that saves

you money

Clear out your closet and

take what you don’t need to

a car boot sale or post ebay /

gumtree

Cut back on take-

aways… coffee, lunches,

dinners

Always pay bills by the

due date to avoid late fees

Check bills to ensure no

errors or overbilling


Reduce & eliminate expenses

It’s time to do the action!

Tick off the bills you have reduced or eliminated from your monthly spend.

Do this exercise in the next 7 days and then Do A HAPPY DANCE.

The big savings

I made were…

Tick when checked – YAY!

insurances – health, travel, business, car

mobile and internet plans

rent / mortgage

unnecessary memberships & subscriptions

switch bills to annual payment

clear out unwanted stuff

take-away’s eliminated

bills checked and paid on time

$_______

$_______ $_______

$_______

$_______


Step #3

How affordable are

Your Dreams?


Dream calculator

Be: Do: Have:

Write down all your dreams!

Be sure to think about: Well-being you’d love to experience Travel and countries you’d like to see Sporting activities you’d like to do / try Career aspirations Places you’d love to visit Skills you’d like to learn

Now circle your three top dreams!


Now here’s a critical step

easy to forget…

Are You Ready to Commit

to your dreams?

YES NO


Dream calculator

Dream #1: Dream #2: Dream #3:

Options

1.

2.

3.

Total

costs:

Time:

Budget/mth:

Actions:

Now let’s cost out your dreams!

This will take some research, so dedicate some time to work out: How to do it as cheaply as possible – explore different

options and decide what appeals How much will it cost in total How much time do you have Calculate what you need to put aside each month / how

much extra you need to earn to reach your goal What are the next actions – tomorrow, this week, this

month? 22

3 Steps to RECLAIM Your POWER around MONEY 2016 | www.michellewalker.com.au | [email protected]

Travel Dream resources

Here’s some great resources if you

have a dream to travel!

A list of website and ideas that might help you reduce the budget on your travel dreams: Getting there –

o Skyscanner o Expedia o Travelocity o Kayak o Cheap tickets o Last minute travel

Places to stay (most the above sites also have hotels) –

o Airbnb o Quick beds o Flipkey o Sabbatical homes

General sources for information –

o Lonely Planet o Budget Travel vacation ideas

If you are interested in volunteering (NB: some are more expensive than others) – o International Volunteer HQ o Global work and travel

Random ideas: o Do you have a credit card rewards scheme that can earn you frequent flyer

reward points? Already have them? Where can you go on your points? o Does any membership e.g. motor vehicle club offer discounts on travel? o How to travel with no check-in luggage o 8 exotic countries you can afford o Rolf Pott’s book: Vagabonding


https://www.skyscanner.com.au/

https://www.expedia.com.au/

https://www.travelocity.com/

https://www.kayak.com.au/flights

https://www.cheaptickets.com/

https://www.lastminute.com.au/Deals

https://www.airbnb.com.au/

http://www.quickbeds.com/

https://www.flipkey.com/

https://www.flipkey.com/

https://www.sabbaticalhomes.com/

https://www.lonelyplanet.com/

http://www.budgettravel.com/slideshow/budget-travel-photos-best-budget-destinations-for-2016,56667/#pic=1

https://www.volunteerhq.org/volunteer-abroad-programs/

http://www.globalworkandtravel.com.au/

http://fourhourworkweek.com/2010/08/20/travel-with-no-baggage/vel-with-no-baggage/



http://fourhourworkweek.com/2010/11/04/exotic-destination-bargains/

http://www.vagabonding.net/

Now put your hand over your heart

and repeat after me, three times…

I deserve my dreams


If you are here - Alchemy of Abundance Fairalchemyofabundancefair.com/.../3-Steps-Reclaim-Your...If...

Documents

Transcript of If you are here - Alchemy of Abundance Fairalchemyofabundancefair.com/.../3-Steps-Reclaim-Your...If...