MATS Consulting

Mental Blocks – Defeating the Inner Demons.

I’ve just finished watching the documentary ‘Boom! Boom! The World vs Boris Becker’ and while it was eye-opening to see the story of Boris Becker and his relationship with money, there was one standout moment for me, which reinforced the work I do.

That moment was when the film featured the time when Boris became Novak Djokovic’s coach, and how he helped Novak to overcome some inner demons that were holding him back from winning.

Novak said that he was attracted to Boris because of his mental strength, especially on the tennis court. This was evident throughout the documentary as they showed the number of times Boris was able to fight back to win matches from being two sets down, even against other top players.

Earnings – How Much to Live Comfortably?

There was a very interesting article on Yahoo, from The Telegraph, which was titled ‘I earn £125K – and it’s not enough’, and I think it highlights perfectly how an unbalanced relationship with money can affect anyone.

YAHOO ARTICLE

The article is obviously there to generate an emotional response, and for a lot of people who are really struggling financially, the response will probably be pretty blunt. I’ll let you read the article and decide what you think.

For the purposes of this blog, I want to focus on the relationship with money, and the money beliefs that are associated with it.

For your Diary – Upcoming Make Peace with Money Events

At the beginning of April many of our living costs went up, and I know that I’m not alone in this. With the cost-of-living crisis this year, there is so much more financial pressure on most of us. This means it’s even more important now to know where you are financially, be able to build positive money habits, and take control of your costs. This is not the time to put your head in the sand.

We are also dealing with a lot of negative thoughts, and emotions that such a challenging financial situations brings up. A lot is talked about the practical side of money, but not many people talk about how to deal with the mental and emotional side of things, this part we have to try and stumble along with as best we can, often trying to wear a mask that makes it look as though we are in control and know what we are doing.

That is why, over the coming months, I will be hosting two, LIVE, online talks, and starting my 8 week Make Peace with Money Programme.

I want to help and support you to build both positive money habits, and also take care of that mental and emotional side of your money journey. I know from personal experience, how important this work is, and how to look at it in a non judgemental way.

Understanding Accounting & Finance, Part 2 – The Profit & Loss Report.

The Profit & Loss (P&L) is one of the key monthly management reports which tells you how you are doing financially, for a month and for the year to date.

It can help you see if you are on track to make a profit for the year, and show you areas to look at in order to help you control your costs.

As a business owner you are always keen to know if you can employ more staff or if perhaps you are employing too many staff, your profit and loss will help you to make this decision. It also allows you to pinpoint and focus in on other areas of your business that need attention, so you can deal with problems quickly and keep your business on track and growing.

Make Peace With Money Tools – Tapping (EFT)

I use a number of tools in my work of helping people Make Peace with Money, and I want to share a bit about each one so that you have an idea of why I use them, and most importantly, how they work.

The first tool to tell you about is called Emotional Freedom Technique (EFT) or Tapping.

I discovered tapping almost five years ago, during a period of intense stress for me. The year was 2016, my husband, Paul, had a mental breakdown, and my Mom was seriously ill with cancer. We were in serious financial difficulty because Paul couldn’t work, and I was convinced that we wouldn’t survive; I used to imagine us losing everything and ending up homeless!

I began to search for natural ways to manage my stress, and that’s when I came across Nick Ortner’s website (I’ll tell you a bit more about Nick in a minute) which was all about this thing called EFT, and how by tapping on various points of the body you could reduce stress. This whole idea intrigued me and matched my way of thinking, so I bought his book, and the rest, as they say, is ‘tapping’ history.