Money Intelligence in Business: Your Ultimate Rich Chick Weapon

I want to share with you the key shift I had when everything changed in my own ‘money world’. This will stop all the lottery chasing, fear-driven decisions and confusion around money and building it for yourself.

Most People Have What's 'RICH' Confused

One thing I’ve learnt in life (and maybe you have too), is that just because someone “looks rich”, it doesn’t mean they are.

Most people have racked up so much debt from trying to look the part, that everyone else thinks they’re loaded, but behind the scenes they’re living on 2-minute noodles in a McMansion they can barely pay for.

So we shouldn’t be looking at outward appearances – nor should we be trying to emulate that when we’re late on the water bill.

We need to get smart about money – and when you make it in your business, manage it rather than blowing it or letting lifestyle creep come in.

Thanks Mr Dave Ramsay

About 3 years ago, I fell down the Dave Ramsay rabbit hole… and while some of his views are not my vibe, his basic principles of paying off your shit first stuck with me.

And it’s completely shaped how I do things.

You won’t see me dripping in Gucci and Chanel (I’ve never been like that anyway – I’m more a “dirty-fingernails trekking in the jungle” type).

Right now I’m aggressively paying off my apartment (actually Airbnb guests are while I travel through Vietnam).

Before this I was very reactive with money.

Not mindful.

Because buying things itched the addictive spending scratch.

And it caused a lot of pain that I knew I needed to change if I ever wanted to get anywhere.

But I had to realise 2 things first:

1. That money doesn’t solve money problems

2. That I’m in control of money

1. Money Doesn’t Solve Money Problems

This might raise one of your eyebrows so I want to explain this concept.

Throughout the ebbs and flows in my businesses over 20yrs, I discovered that no matter how much money you make, if you don’t change the way you treat it, it doesn’t matter.

It won’t get better.

Because the only thing money does inherently (if you think like this), is solve your immediate cash problems.

It pays the bills.

Puts food on the table.

Gets you a nice night out.

And then you need more money to solve more cash problems.

This is why many lotto winners end up worse off after winning big – they don’t have the mindset to hold onto it and grow it. They waste it on stuff, go on holidays and blow the lot without setting themselves up in a way that it pays them for a long time (so they can do those things for the rest of their lives).

It’s all very emotional and reactive.

Now I don’t want to tell you what to do, but I do want to impress on you that the first few years in business should be about setting yourself up for the rest of your life.

Get rid of ALL your debts.

Budget.

Train yourself to manage your money in a mindful way.

NOTE: After blindly following by all these “Abundance/wealth” influencers to think big with money, my approach is the total opposite:

Think and act like a poor person.

Because when you think and act like a poor person, you become mindful and careful with money.

You’re teaching your brain to really dial in your spending, master money management and financially set yourself up with intention.

It’s also teaching you restraint and forces you to ask yourself, “Do I really need this?”.

This is a skill that teaches you how to manage small amounts so you can prepare yourself for big ones.

2. "I’m In Control of Money"

The other aspect of this is about being in control.

We’re brainwashed into thinking that money is some ethereal dangling carrot that gets doled out to us by parents, bosses… and some would say the Universe (GAH!).

But this whole paradigm is based on the deep-seated belief that you have no control – while other people and entities manage the purse strings.

And it can create learned helplessness, where you’re waiting for your next payday instead of making it happen.

*While it’s other people who pay us, it’s up to us to create the environment where they can and want to.

So many of us grew up on this thinking… and that’s where REALLY getting this at the cellular level will empower you to take the right actions to make it so.

When you say to yourself, “I’ll just create the money”, how does that feel in your body?

Maybe the next question is “Yeah but how?” – this post will help you with that.

While logically, I’m sure you know you’re in control of our own income, your subconscious mind is still acting like that 19yr old waiting for your late pay from your dodgy boss.

And so when you bring “employee” thinking into your business, you’ll cap yourself and put yourself in the “waiting” bay, i.e. waiting for someone to give you money.

---

Join Rich Chick Era

---

What Solves Money Problems?

Money Intelligence.

Money Intelligence is the unsexy, practical cousin of a Gucci-dripping wannabe Kardashian with mounting debt.

Money Intelligence is the “slow paced, practical, non-showy, happy in its own skin” cousin.

And when you build your business with money intelligence, you'll find PEACE. I guarantee it!

The Simple Path to Money Intelligence

1. Simplify the money channels in your business: Create ONE path to start with. Then add more over time.

2. Allocate your money: Set up multiple bank accounts for tax, mortgage/rent, entertainment, savings, pet/kids and other expenses. Each time you get paid, the money gets allocated.

*If you’re in early days of your business, I know every penny counts towards the most important things (mortgage, bills, eating). But also (following Dave Ramsay again here), create a $1000 cash buffer.

3. Develop Money Neutrality: Using hypnosis you become completely non-plussed about the money that comes in or doesn't. No longer is your spending and earning decided by your mood or the wind, it's just sitting there (and/or growing) as if it's the most normal thing in the world. You just get on with it without much thought to it.

By shifting your thinking to control and management, your nervous system will calm down and you’ll start to see more money come in… and grow!

Ainsley Micallef

---

 Ready to Take Control of Your Income?