Take Nothing for Granted

Last weekend I was visiting with my family in Quebec on the family farm.  As is tradition, we always have dessert after supper, and my son had asked for ice cream.  When he went to get it out of the freezer, it was a soupy separated mess…the very large, very old (over 50 years old) chest freezer, had finally died at some point that day.  Now normally, this wouldn’t be a big deal since my parents have 2 other somewhat large (but old) chest freezers and 3 fridges each with their own freezer compartments, and they would find room in those for the soon to be spoiled food.  But harvest season just ended, and the freezers were quite full.   It was interesting to watch as a number of family members scrambled to make room in other freezers, even next door in my brother’s freezer, and I started to think about how we just take it for granted that equipment is going to keep working (even when it’s old).

It was the same when my furnace died last winter.  Even though it was 25 years old (well past the lifespan of a furnace these days), and needed repair, I took it for granted that I’d get at least one more winter out of it.  Not so – I was forced to deal with the expense of a new furnace a year earlier than I had planned.  And my dishwasher that died this summer – 15 years old – I hadn’t planned for that, and we’ve resorted to doing dishes by hand.

We do it with our cars, our phones, our 

computers, and even our bodies.  We take it for granted that things are just going to keep working…we never think that something is going to give out, even when it’s old, and therefore don’t think about or plan for repairing or replacing it.  And when that time comes, we typically experience great stress over the hassle and cost of repairs/replacement.  One solution is to build a capital replacement reserve in your cash flow plans.

Larger businesses have policies, systems, and processes to track their capital equipment, its expected life, replacement costs and annual operating costs.  They also build up reserve funds (capital replacement funds) so that when something breaks or dies, they are prepared – they have a process and the funds to deal with those “unexpected” break-downs.  And they have similar processes for when key employees “break-down”, by ensuring that at least one other staff member is properly trained to do the job and can step in if and when needed, at least in the short term.

So what are you taking for granted in your home or business?  And what policies, systems, and processes (including financial) can you put in place to give you peace of mind and to deal with “break-downs” with greater ease and grace when they happen?

If you need assistance with your cash flow plans, send me an email…let’s see how I can help 🙂

[author] [author_image timthumb=’on’][/author_image] [author_info]Linda Spencer is a CPA, CA, Canadian Tax Specialist and Money Mindfulness Coach. Her mission is to eliminate the stress and anxiety you experience around money and taxes, by empowering you with the know-how and mindsets to improve your business success and financial wellness, so you can have more harmony, joy and abundance in your life.[/author_info] [/author]


What is a Money Story?

Ever run away from your finances?  Put your head in the sand perhaps, and hope it all works itself out?  Or do you dive right in and play with the numbers?  Is it a game?  Do you take your money seriously?  Have you tried every trick in the book, but still come up hitting a wall on how to get ahead of your bills?

Everyone has a money story, ones that keep you safe, ones that have you spending more than you’re making, or watching every dime that comes in or goes out, ones that have thinking there’s never enough (even though you may be doing really well financially).

What’s Your Money Story?
“It’s really not about the money…I just love what I do”
“I can’t afford to…”

“Money makes you evil, greedy, selfish…”
“I don’t want to become THAT person who has money”
“It’s hard to make money”
“I can never seem to get ahead”
“I could never make any more than I do now”

“There is never enough…money leaves as fast as it comes in”
“I wish money didn’t exist”

“Money will take care itself”
I know I should be paying attention to my finances, but I don’t have time”
“I’d rather be ____, then doing my finances”
Money stories like these can: 
  • keep you playing small and afraid to step into something bigger
  • prevent you from making necessary investments in your business and yourself
  • leave you feeling over-worked and under-paid
  • leave you exhausted, burning the candle at both ends just to pay the bills
  • lead you to give your power away to others and cause resentment
  • lead you to think you have more money than you actually do
  • have you ignoring your finances in a big way, potentially leading to financial failure


A money story is the combination of thoughts, beliefs and behaviours that are dictating the way you do money, and they may or may not be in alignment with your core values and priorities.  The good news is that you can create whatever money story you want – preferably one that gives you freedom of choices and grows your net worth.  The first step to changing your money stories is having awareness of what they are in the first place.

How do you know what your money stories are?  Look at where you are spending your time and money…and ask “Who’s is this?  Where does it come from?  What stories am I running here?”.

Want to change your money story?  Attend a money story workshop (there’s one on September 21 in Milton – Re-Set Your Money Story).  Or book a session with me.

  • Uncover money blocks and discovery how you do money on  a spiritual or energetic level;
  • Transform your beliefs and actions with money right away;
  • Learn practical tools for creating awareness of money patterns so you can change them.


Learn More about the September 21 Re-Set Money Story Workshop (click the workshop title, or type this URL in your browser:



Money Conversations – They Don’t Have to be Tough!

How much do people owe you?  How long has it been outstanding?  How much more ease would it create to have than money in your hands now?


I used to have a really hard time asking for money from people who owed it to me (and I hated making those collections calls as a student working in Accounts Receivable), and I still do to some degree, especially with loved ones and when I know the person is struggling.  But it does nothing for my cash flow to not have in coming in (and can actually create financial hardship for myself)…so I’ve learned how to have those courageous conversations to collect the money that people owe me for the services I’ve provided them, to create more ease for me.

When it comes to collecting money, having money conversations can be tough, but they don’t have to be.  

Here are some tips for diffusing the anxiety around money conversations:

1 – Be clear in the outcome you want.

2 – Have compassion and grace.

3 – Put yourself in the other person’s shoes for a moment to have an awareness of them and their energy.

4 – Hold the other person as powerful that they can pay you what they owe you with ease and grace, right away.

5 – Connect with the person and invite them into conversation.

6 – Ask for the money, respectfully and graciously, reminding them of your terms of agreement.

7 – Get their payment or commitment to pay (preferably in writing), and get their payment details to set up automatic payments.

8 – You can be bold and powerful in your conversation, but have some lightness at the same time.


I shared these tips on DAY 1 of my FREE online SHOW ME THE MONEY 4-Day Challenge that kicked-off this morning.  One of my clients used these tips in my 8-Week CFO Master Jump-start program and collected $70,000 of outstanding debt in 6 weeks!  How amazing is that?!

It’s not too late to join in on the FUN of re-ENERGIZING Your cash flow in the SHOW ME THE MONEY 4-Day Challenge that runs July 25-28, with replays available until August 8th.

Why NOT make money fun?? We’ve had so many years and lifetimes of making money serious and being in the head-space of “not enough”…it’s time to get out of that space and into the fun abundant space that truly exists!

[button link=”″ type=”big” color=”green” newwindow=”yes”] CLICK HERE TO JOIN THE CHALLENGE![/button]


If you find yourself struggling with money conversations and are ready to change that, I’d be happy to help…book your complimentary Money Clarity Session with me to see how we can work together to empower your money conversations.

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