2 Ways To Find Money For Your Passion


 

Abstract:
 

When I ask people why they don’t prioritise their passion more, the most frequent reply is: “Because I have no time,” followed by: “I don’t have the money for it.” Passions may be costly in terms of supplies or tuition, travel, or simply because time is indeed money to an extent and you need to be able to spare the money you could earn in the time you’re spending on your passion.
 

Your mission today is to learn two ways to find money for your passion.
 
 

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Task 1: Your true priorities

 

There are several reasons why I always talk about priority when I mention passions. Merely making more time for a passion is not going to cause the same transformation as actually prioritising it.
 

One of the things that shift is your finances. When you look at your spendings in the past month, you’ll notice what your true priorities are:

  • A big chunk will be living costs (rent/mortgage, food etc)
  • There will likely be distractions (subscriptions, impulse purchases, consumer goods)
  • Hopefully there’ll be investments
  • And there should be money for passions.

To free up money for the latter, you need to cut down on the distractions. It won’t feel like deprivation, because the more you focus on what lights you up, the less you need distractions.
 

In other words: Your task is to stop buying stuff!
 

money for your passion

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Task 2: Allocate money for your passion

 

If you don’t work with budgets yet, it’s time to get going. If you need any help with this, reach out. For a more thorough rework of your finances including your money mindset, check out Wild Money.
 

Basically, now that you know your spendings, you allocate percentages to it. Necessities, savings, gifts, etc. And 5-10 percent – depending on how much you earn – should be your passions budget.
 

Something happens when you consciously allocate money to something: it becomes important. It feels real and shows that you’re taking your passion seriously.

What If There Were No Money?


 

Abstract:
 

Most people associate money with stress. When I mention that I equal money with wild joy and passion, they don’t quite know how to imagine this – other than assuming I must be rich!
 

In reality, all I do differently is that I have a playful approach to money that takes out the stress and makes me (and my clients) want to spend time with it. One of those ways is “what if” scenarios. They can give you enormous clarity, because getting money is no use if you don’t know what you truly want.
 

Your mission is to gain clarity and align your approach to money with your wishes and needs.
 
 

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Task 1: If there were no money

 

This task is a visualisation exercise, or rather, an intuitive brainstorm. To do it, I need you to get comfortable, switch off all distractions for a few minutes and take a couple of deep, slow, relaxing breaths.
 

Now imagine a world where nobody needs to work for money. There simply is no money. Everything you need or could possibly want is at your fingertips.
 

Obviously, you’d take a long holiday and enjoy every luxury. That’s great! Now think long-term: What would you do in your everyday life? How would you pursue your passions? How would you interact with others, what would you do when you’re on your own? Etc.
 

Also answer the most important question: How would it feel to live like this?
 

if there were no money

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Task 2: Recreate the feeling

 

Hold on to the feeling you had in your visualisation. Write it down, make sure you won’t forget it.
 

Ask yourself what would have to happen to recreate that feeling in your life. How could you incorporate it? What would you have to do differently? How much money would you need for it?
 

A simple question to make future money decisions a breeze is: Does this purchase resonate with this feeling I wish to achieve? Act accordingly.

2 Reasons Why You Repel Money


 

Abstract:
 

I’ve done a lot of work on my own money mindset and have worked with other people on theirs. One thing I notice is that some people have it a lot harder than others, and not because of circumstances like being born poor. No, some people just seem to repel money.
 

You mission today is to learn why you might be struggling financially and how to start turning the situation around.
 
 

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Reason No. 1: Stress

 

My friend Dr. Valerie Rein once wrote: “Stress is teflon to abundance.” That’s a great way of putting it.
 

The following may sound a little hippie and out there, but bear with me, please. The thing is that energetically, stress is the exact opposite of abundane. Think about abundance or receiving – imagine you’re playing charades and are supposed to mime “abundance”. Try it! I bet you made an expansive gesture, one of opening up.
 

Stress does the opposite: it makes you tense, literally makes your muscles contract. That’s why it’s not conducive to receiving anything.
 

To become more abundant, take steps to eliminate stress from your life as much as possible.
 

why you repel money

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Reason No. 2: Ignorance and mindset

 

To open the door to abundance, you must know about basics such as budgeting and low-level investing. Money likes to go where it’s valued, so get educated.
 

Nobody teaches us about budgeting or investing in school, so we have some catching up to do. Besides, most of us are brought up with very negative money beliefs we need to disable, which is another reason why you repel money. At the very least, read some good books about personal finance. Get Coaching or do a course.
 

You need to re-train your brain and mindset, and you also need to learn about budgeting. The best thing about it is that along the way you’ll realise that money is actually fun.

How To Charge Money For Your Passion


 

Abstract:
 

Disclaimer first: I always emphasise that you can prioritise your passion(s) even if you’re only a beginner or simply don’t want to ever make money from them. That’s still true.
 

However, a lot of Wild Spirits do dream of making their passion their income or business. Most of them have no idea where to start, and the internet is full of “how to make money doing what you love with no preparation and no investment!” type of scams.
 

Your mission is to learn how to turn your passion into profits.
 
 

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Task 1: Sort out your mindset

 

Attitude is everything in business. Even if you work online, it’s as though people can smell if you’re not sure about yourself. Best to get a few things straight from the start:

  • You absolutely deserve to be paid for what you contribute.
  • Realise that it’s really about an exchange of energy: your passion for money.
  • Do some market research to get an idea of what others are charging.

charge money

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Task 2: Be ready to invest

 

50 years ago, you needed money for premises, staff, stock, etc. to start a business. These days we can work from home and online, whether we’re selling arts and crafts or provide a service.
 

It’s a lot cheaper, but it’s not free. A website alone doesn’t get you customers; you need money for marketing/advertising, and most of all you need to learn how to spend that money, or you’ll end up wasting a fortune.
 

I’m not an affiliate of Maire Forleo’s B-School, so I can recommend it without bias. It’s the best program around! To get started, you have to sign up early in the year (it usually starts in March).
 

If you’re broke, look into my Wild Money program. And if you’re too broke for that too, download the free “10 Ways To Get Money For Anything, Fast” cheat sheet on the same page.

Beyond Frugality: Money Abundance For 2020


 

Abstract:
 

People aren’t too fond of learning about money. Too much of the advice around finances focuses on self-denial and frugal living.
 

It can be frustrating when you try to focus on your passion(s). A lot of the time you need to spend money: on equipment, materials, tuition… The expenses add up quickly.
 

What if I told you that tapping into abundance is the opposite of self-denial? It may sound unbelievable, but don’t stop listening just yet. I’ll show you exactly how it works.
 

Your mission is to learn and apply the principles of joyful money for your passions.
 
 

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Task 1: Learn why self-denial doesn’t work

 

Most people try to save money and never manage. Every time they get ahead, something happens to eat up all their money again. I was once in this sitution myself, and I know it sucks.
 

Nor am I going to tell you that you can just will yourself out. The truth is, it’s absolutely possible to change your financial destiny, but it requires some dedication and consistency.
 

Self-denial is counterproductive, because it is restrictive and limiting. You won’t create flow by building barriers. It’s as though two opposing forces of nature were at work.
 

Money Abundance

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Task 2: Tap into money abundance

 

Instead of focusing on the lack of money and what you can’t do or buy, focus on what you can and what you already have. Here’s some inspiration to get you started:
 

  • Every time you pay something, say or think: “There’s more where that money came from.” (I learned this from Marie Forleo)
  • Give away 5% of your income. Find a worthy cause or donate spontaneously each month.
  • Create a Passions budget of 5-10% of your income.

You may also look into increasing your earnings and learning to budget, as well as improve your mindset long-term. Take a look at my Money abundance program, read books on personal finances, educate yourself about investing. If you work on it consistently, you’ll notice a huge shift.