Posts Tagged ‘income’

It All Counts

Author: Sue

 

Remember, back on January 18, when we discussed Is your ‘money speedometer’ set on cruise control? Today’s post is going follow along the same line of thought – in fact, the next few posts will be along this line – working with and on your money mindset.

For the past three months, I have been faithfully completing an exercise recommended by my Platinum Coaching Mentor, Kendall Summerhawk – I am one of only 32 Money, Marketing & Soul coaches worldwide who are certified to utilize her program in our workshops and sessions.

The exercise is simple. The decision to actually do it and then follow through requires a little more effort. However, I have been checking in daily and it has really opened my eyes to how much money flows through my hands/life and, here’s the scary part, how little of it I retain.

As the ‘Baby Steps to Success Expert, I’m going to start you off with a very tiny step toward your success. Do this and you’re on your way.

We’ll call this exercise: It All Counts

In an excel spreadsheet document or a table in Word, create a chart/matrix that allows the following:

4 columns; up to 35 rows

Across the top (title): Month and Year – It All Counts Money Tracking Chart

In the column headings:

Day   Income   Subtotal   Description

Down the first column on the left: the number for the day of the month (1 through 31)

In the second column, each day of the month, record your ENTIRE income for that day. I do this as a separate line for each amount. Examples: I found a dime in laundry = 1 line with description beside it; I found money in the pocket of a coat I hadn’t worn for a while; a refund cheque came in; investment income statement (only the income, not the total); a friend sent me some birthday money … you get the idea. Absolutely EVERY amount of money that comes in contact with you, goes in this second column.

Because I’ve got separate lines for each amount of money, I subtotal when there is more than one item on one day (this is an optional stept)

At the end, after all the days of the month, put TOTAL in the first column and add up the third column.  This is ALL the money that you came in contact with over the month. No doubt, it will surprise you.

We’ll take this a little deeper later.

In the meantime – go get started. Create your blank template and then a document for the month of March 2010.

Decide. Act.

These two steps are essential to business success (more on that in another post sometime).

To your success…

Sue Crutcher, CMMSC, CPC, RRPr, CPTN-CPT

Money, Marketing and Soul Coach; Life Empowerment Mentor; Baby Steps to Success Expert

Creator of [t]Sunami Of Success Program

 Are you aware that there are FREE RESOURCES on my website? Check out the 30-60 second audio message updated weekly on “Tuesday Tidbits”; request my FREE REPORT: “5 simple steps you can take now to ensure that 2010 is a profitable year for you and your business” and/or sign up for my monthly “Sue’s News” e-zine. Where? www.SueCrutcher.com 

PS – have a ‘burning question’ after reading this blog? Comment here or e-mail me at: Susan@SueCrutcher.com  – please put ‘Question’ in the subject line. I’d love to hear from you.