I am loving Back to Business Week and spending each morning with you all! Have you been following along as we work to get back in the swing of things? I can already feel the transformation of the season and am excited about the momentum in my own life over the last few days!
We created Back to Business week because it can be hard to get back into the swing of things as our kids head back to school. I’m spending the week walking you through the HEART Goals acronym. HEART Goals is designed to help us realize that if we prioritize our needs, in the right order, we can live balanced lives.
As a reminder, our five basic needs correspond to the five parts of the HEART acronym and include:
H — Help Yourself (a healthy body)
E — Empower Yourself (a healthy mind)
A — All Your People (meaningful relationships)
R — Resources & Responsibilities (the money to go where you want and do what you please)T — Trade (purposeful work)
In today’s live coaching session, we’re covering ‘R,’ your resources and responsibilities. This includes your finances (resources) as well as your time and tasks (responsibilities). When thinking about this part of the HEART acronym, I like to think of it as avoiding deferred maintenance.
In real estate, deferred maintenance is when you postpone activities, like repairs, in order to save money or meet budgetary goals. While deferred maintenance may be necessary at times, we must prioritize the financial obligations and tasks that make our lives run smoothly. Back to the real estate analogy, you don’t want to deffer your maintenance so much that you end up with a dilapidated home that can’t be sold.
Throughout the week we’ve talked about how to run our bodies and our minds efficiently by fueling ourselves with the right thoughts, actions and relationships. Today, we’re jumping into how we maintain our day-to-day lives.
The thing about the HEART acronym is that it can be used on a daily, weekly, monthly, quarterly or yearly basis. HEART is the lens and filter through which you can view your life. It helps you identify your priorities, break those priorities down into tasks to create optimum efficiency.
We dove right into finances this morning and I shared a printable that I use to easily manage the resources side of my life and business. You can grab the printable for free here!
These are the four things you should ask yourself when it comes to your finances. This can be done on a daily, weekly or monthly basis depending on your needs.
- Grow – What was my income? How did my income grow? What money came in today?
- Go – Where does the income that came in need to go? What are my expenses? What expenses are coming up?
- Owe – How much do I owe? What is my debt?
- Sow – How can I sow this the money that is leftover? How and where can I invest it?
If all that seems too overwhelming, I also shared one simple and easy task to do each day that will start the wheels turning towards financial health.
After talking through financial health, we moved into the responsibilities category of ‘R.’ We talked all about the things you can do on a daily basis that will lead to a more efficient life. These are your keystone habits, things that if you do them every single day will start to snowball into more efficiencies.
If you don’t know where to start with your keystone habits, here are three of our family’s keystone habits:
- Do the dishes.
- Make your bed.
- Do a ten minute tidy.
At the end of this morning’s live event, I shared four types of lists that you need. Every single type of list that we could create will fall into one of these categories. You don’t want to miss that and much more from today’s coaching session! The live recording is available now to those who have registered for Back to Business Week so be sure you’re on the list!
Live recordings will only be available for 24-hours, until Friday, August 30 at 10 a.m. CT when I go live with my next session. Tomorrow I’ll be covering the ‘T’ in our HEART Goals acronym, your trade or career, and I’ll be discussing my seven key business systems. I hope you’ll join!