2Rewriting your money storyThe key to overcoming financial challenges
You might have a big dream for your business but you're not sure how to get there. Ultimately a successful business starts with getting your personal finances in order.
I can still remember what it felt like being in over $100 000 of debt in my 20s (the equivalent of about $140 000 today). Going from one personal loan to multiple maxed-out credit cards, mounting unpaid amenity bills, overdue day care fees, over 200 enforcement warrants and hundreds of unpaid CityLink fines.
Feeling as though I was no longer in control of my finances felt both terrifying and suffocating. When I was experiencing severe financial difficulty, that feeling never really left me. It was there the moment I woke up in the morning, and it was still there when I went to bed at night. It felt as though there was no escaping it. Well, at least this is how I remember it feeling for me for the best part of 14 years. And while in this chapter I am going to talk a lot about what I have done to turn my financial situation around and work on my mental relationship with money, there are still moments where I find myself falling back into old patterns of thinking about money.
I still use the same tips I am sharing with you to reset my own relationship and thinking with money to allow me to create more wealth and financial freedom in my life. When it comes to the financial situation of my business, I use these tools to allow me to continue growing ...
Get Self-Made now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.