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This week on the podcast, I am re-joined by Chioma Njoku from The Mindful Bookkeeper!
In this episode, Chioma and I dive deep into the money side of yoga once again. We talk about what Chioma has been up to since we last chatted in October 2018 and dive into why your relationship with money is important, how we can start to understand the emotional side of money and start bringing an abundance mindset into our personal and professional lives, as well as tips for starting to create a better relationship with money.
Enjoy!
Discussed in this episode:
- Catching up with Chioma about how she has been working on and what has changed since our last conversation in 2018
- Why an aversion to thinking about, paying attention to, and focusing on making money is hurting yoga teachers
- How finding a way to attract and receive money puts us in a position to give and to serve
- Where do money beliefs come from and how do we start to shift to a different perspective? (Paying attention to the views on money of the people around you and how that is influencing you)
- The experiences and stories that affect the way we feel and act in regards to money
- “If we start to be aware of what we believe about money, we might realize that what we believe isn’t true.”
- Once we start working on our money story, how do we incorporate that into our lives and businesses? Surrounding yourself with abundance-minded people, whether in person, or by listening to podcasts, reading books, or working with a coach
- Cleaning up your environment and looking to connect with people who are a couple of steps in the direction that you want to be
- With what mentality do you approach negotiating for a higher rate with the studios you work for?
- Growing isn’t greedy! When we get more experience we will want to continue to grow and experience new things. That isn’t greedy it is an important part of life
- What steps can you take to start to take control of your finances mindfully?
- The first step is always setting a goal and knowing what you are working towards
- Make sure you have a separate bank account for your savings goal (or any investment goal you will be using that money for)
- Commit to a certain amount of all your revenue that will go towards that goal (eg. 1% of everything you receive)
- How to find a bookkeeping software that works for you
- Practicing mindfulness and tuning into your emotions when you’re working with your bookkeeping program or online banking (and rewarding yourself when you’re doing it if it helps you stay motivated and positive)
- Check out Chioma’s first episode on the podcast!
Connect with Chioma:
- The Mindful Bookkeeper
- Email: chioma [at] themindfulbookkeeper.com
Additional Resources:
- Example video: A cashflow rule as part of a larger conversation
- Example video: Collection of the cashflow rules Chioma has researched
- Cash Flow Methods PDF
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