01 Feb Don’t Let Money Turn You Around
Whether you’re reading this as a fundraiser, entrepreneur, wage-earner, or simply a would-be peaceful and ethical money manager, you may be letting money “turn you around.”
- If you’re in a nonprofit, your fears about fundraising will make you ask a question like I was asked that inspired this post: Our program is running out of money. Our largest donor is going to stop giving. Where can we find more “deep pockets”?
- If you’re in a short-term bind financially, you’ll try to make financial decisions that are not short-term in their implications.
- If you feel you are “too young” or “too old” for the work you want to do, you may hear your own voice trying to tell you to think about cash first, ahead of the work you really want to do. And it will claim this is being “practical!”
Money has no direction we don’t give it.
Learn to recognize the voices in your head around money with the helpful posts I’ve written on what we moneycoaches call your money archetypes.
You and I give money its direction
- In a nonprofit, just like in life, every relationship is personal. Donors know their job is to support your work. That doesn’t mean treat them like an ATM, and replace the ATM when it wears out. It means building relationships as part of your work. Be honest about what it costs to do your work and how donors can help. It is important to justify what you need and why it’s important; they are people with minds and hearts. Consider donors part of your team, forever.
- In a short-term bind, it is normal to think about where to get more money. (The operative word is “think.) It’s not normal to listen to money telling you where to get more of it. Notice that nothing you hear it say when you’re in that state of mind says makes a lick of sense. Don’t go cheap for riches. Go ahead and make wise decisions about reducing expenses, working more for the short-term, borrowing from a friend, or negotiating for a discount, donation, or reduction. Let your mind help you out of your bind.
- In the work you want to do in the world, make intelligent decisions that allow you to stay on your livelihood path.