Happy New Year!

After everything the last few years have thrown at us, I hope your first few days of the year have been amazing… or at least a bit more chilled. 

How are those New Year resolutions going? Do you have a money goal for this year?

One of my biggest tips is to become really good at goal setting - and not just income goals either.

There’s no perfect way to set goals, but today we’re talking about three money goals you could set to set yourself up for a great year.

Don’t resist it - goal setting is free and I’m here to help!

So, Lucky Bee, there are three major areas I want you to set goals around to really transform your relationship with money. 

Step One: Set a savings goal

Actually opening up a savings account and making a savings goal is a great sign to the Universe that you’re ready for more money to show up.

And, it takes a huge mindset shift to allow yourself to have excess money.

Before I started getting really into manifestation and money mindset work, I used to spend every single penny that came in.

It just didn’t feel safe for me to have a buffer, or more money than I needed. At the end of the month, I was always broke.

No matter how much money I made.

I lived in a state of constant money stress, but somehow it felt “normal” to be living in that feast or famine mode

After all, that’s exactly how I grew up as a kid.

You have permission to have more than you need.

This is a really big one for us women because we’ve been taught from such a young age that if you’ve got extra you should give it away to someone else.

You should share what you have, or you’re being greedy.

We feel so uncomfortable when we have a little bit more than we need; like more clients than we “need” to cover our expenses, or more money in the bank than we need to live out the month.

This is when I see women start to self-sabotage.

They may have a little bit of extra money and instead of saving it, they will sabotage it by spending it on something really frivolous just to get rid of that money because they’re so uncomfortable having more than they need.

So set a savings goal, and take action today too. Start by saving just $5 a week on an automatic debit. And if you already save money, increase your weekly amount. You won’t even miss it.

Step Two: Set a goal to be debt-free

Debt is another area that we sabotage themselves with. It keeps you trapped, maybe in a job you don’t like, or obligated to work with clients you don’t like either.

Pretty much all of my 20s, all of my adult life, I was in a lot of debt.

But it’s also really socially acceptable. All my friends were in debt too.

There’s an energetic comfort level around debt that can be tricky to face. You might also be using your debt as an excuse to not take action in your life.

When you make the decision to get out of debt, it can mean choosing a corresponding rise in your rates and income, which often brings out some of your fears and blocks.

It takes commitment and guts to make a plan to rid yourself of debt and then follow through with it, and you need to support yourself as much as possible, in every way you can.

It’s such a  great feeling when you don’t owe anything to anyone; you are under no obligation and you are not trapped to do things just because you have to pay off debt.

Getting out of debt is a mindset, and maintaining a debt-free life takes commitment to taking both practical and mindset-supporting steps to support you.

The first step is to get really honest with how much debt you actually have. Face it in black and white.

Then, like the savings account, set up a direct debit to pay more off your debt, even just $5 a week.

I’ve got a lot more to say on this topic, so check out my blog for a specific post on this.

But - make sure you have being debt free on your goal list for this year

Step Three: Set an income goal.

But not just your overall goal. I want you to set goals around different income streams in your business.

In particular, set a total revenue goal AND a passive income goal.

If you’ve been wanting to create some more passive income products like a book or a course, then it’s probably not going to happen without setting a really clear intention to do it.

Because you’re probably going to face some resistance and money blocks around it because there’s underlying guilt that it’s not allowed to be easy.

So - how much of your income this year would you like to come from those passive sources?

And don’t try and do everything. You might not be able to write 5 books or create two new courses this year.

Just pick ONE. And start small if you have to.

You could package up some of your best blog posts and create your first book. You could take your 1:1 work and package it up into a short course.

My very first passive income product was a $50 course that I filmed on my iPad. Pretty soon that course made me $1000 a month, and it freed me up to release some clients, which in turn gave me more time to create more passive income.

So - where should you do these goals - do you need a fancy schmancy system?

NOPE - you could use a simple goal setting diary.

And repetition is key. Every day you could write something like:

I am now debt free!
I have X dollars in savings
and “I make Y dollars a year in passive income

If you’re feeling organized, I also recommend that you start a simple spreadsheet, and I mean simple, don’t procrasti-plan - to track your debts, savings and passive income.

Plus, when you make more income, you can pay off your debt quicker, and fill up your savings account too!

Win win!

I can’t wait to hear how it changes your life.

xx Denise

Learn how to set your income goals AND actually achieve them.  Click here to download my FREE Worksheet to get clear on your target and the money blocks holding you back.