Your finances should be boring, I want them to be boring. So mind numbingly boring that you have zero emotional connection to your finances whatsoever.
You see if you have zero emotional connection this means that all is good in the world. More than good…..excellent. You go to bed at night and actually sleep… rather than thinking of how your going to raise enough money for the next project. You don’t even look at you bank app daily because you already know how much was deposited this month and what the outgoings are. You spot a certain something in the store window and can make an instant decision to purchase or not (rather than spend endless moments agonizing over the decision only to end up with buyers remorse) because you are fully aware of how much “fun” money you have to blow on whatever this month.
Doesn’t that kind of boring sound just wonderful!
I want your finances to be running so smoothly that you barely give it a seconds thought. All income and payments are automated. You know at least 3 months in advance just how much you are going to spend on this or that. You understand ahead of time what expenses lie ahead of you. You have zero concerns over how expenses are going to be paid.
You are so on top of your finances, meeting with your accountant is more like lunch with an old friend. You chat about “hows business” and use other accountantee type words like Return on Investments; Taxes and Filings; Capital Cost Allowances ….. you know the things you really couldn’t give a fig about. You are both so easy going and comfortable with the whole situation you spend most of your time laughing about the “good ‘ol days” when your shoebox was full, you couldn’t find half of your receipts and you dreaded having to make an appointment to see the dear friend you are talking to today.
I’m not talking about having so much money that you can’t make up your mind which of your self owned Island retreats to go to this weekend. I’m talking about having a system in place that just takes care of all the tracking for you. A system that updates of it’s own accord….. as if by magic. An automated system that gives you information you understand without the need of a dictionary or interpreter.
That would be my wish for you, to have the most boring finances you could ever wish for!