Let’s Talk About Money :: 3 Things I’ve Learnt Lately

Let's Talk About Money | freshbysian.com

I think there’s so many conversations around money and finances that we’re scared to have — especially as entrepreneurs or self-employed peeps.

Truth be told, I don't have a great record with managing the moolahs. I don't have any massive debt or loans (which I'm thankful for), but I'm not great at saving. I've learnt a lot more about the value of money since I've been working for myself, but it's still something I'm working on. 

This stuff doesn't change overnight, and it can take a while to switch up your mindset, but here’s 3 things I’ve learned lately....

:: It's all about value.

How much value do you place on the stuff you create — your services and products? What are people really paying for? 

If you're a portrait photographer, people aren't just paying you to hang out and shoot photos of them. They're paying you to create a fun experience that helps build their self-confidence, and for an end-product that leaves them feeling fucking awesome about themselves. 

How much value do you place on the stuff you buy? What effect will buying a certain product or service have on your life?

Is it worth buying cheaper stuff that won't last as long, or saving up to buy an investment piece or service? Which one holds more value with you?


:: Know what purpose your money serves. 

These days it seems like everyone is always talking about 6 figure business, like its some life goal we should all blindly be aiming for. What’s the point of gunning for a certain amount of money if you don't know the reason behind it? WHY should we want more? So we can brag about how much we make? 

Yeah…. maybe not so much. 

It isn’t greedy to want more money, if you know what purpose it will serve. {Tweet this}

I think its important to remember that we all gotta have our own goals too. Whatever you need to live the life you want is perfect. You don’t have to gun for the big ‘6 figures’ if you don’t want to, or need to.

Do you want to support your family? Do you want to travel more? Do you want to donate to charities? Do you want to be able to hire more people in your business? 

For me? This is why I make money...

… to hire & collaborate with more people, so we can create awesome shit and get our best work out into the world.

… to experience new places. To have my mind blown by this planet we live on, because I want to be constantly reminded that the way I live my life isn't the only way. And because I fucking love travelling. 

... to buy my dream house.

… to buy my dream car (or two). 

… to support other badass creatives. Buy their stuff. Invest in them. Be a cheerleader of their dreams. 

… to give back. To the planet. To people. 

What purpose does your money serve? 

:: Take responsibility.

Truth time : In 2013 I went on a grand adventure to Canada for a year, had the best time of my life, and spent pretty much every cent to my name, including my tax money that I had saved. Since I’ve been back in NZ (October last year), pretty much all of my income has gone towards paying those tax bills.

I don’t regret spending the money — as I think regret is kind of pointless, and because I spent the dosh on experiences I wouldn’t trade for anything — but I def won’t be doing it again. 

Part of running a business means taking responsibility for everything. Including the dollars.

I think for some reason always figured someone else would come along and sort out my money problems for me. I was pretty naive about it to be honest. But it was only when I got back to NZ and saw how massive my tax bills were, that I realised I was the one who got myself into that situation, and the only person to get me out of it, was me.

Ignorance is bliss until it bites you in the ass. 

Facing the music ain’t easy, and it can be incredibly daunting, but the only way out is through.

So, those are just a few big lessons I've learnt in the money arena lately! What have you discovered about money and business?