![]() ![]() Thankfully, many invoicing tools (like FreshBooks!) let you set automatic late payment reminders as soon as you send the first invoice. I don’t think the ickiness around money talk will ever fully go away. I’ve experienced this time and time again in my writing career and, to be honest, I still experience this today. This entire process can cause a lot of anxiety. ![]() You’d probably also worry about how the client will respond and how you’re going to deal with it. You’d likely sit there and wonder: How do I word this email about being paid for my hard work without sounding pushy? Traditionally you’d have the cringe-worthy task of creating and sending an email to remind the client the invoice is overdue. You’ve sent an invoice to a client and the payment is now late. Here’s how these tools and tips can help you become more financially fit. Just as social media made it easy to create new connections, the right tools have made those painful “money talk” conversations a little less painful by putting much of the process on autopilot. How the Right Finance Tools Make Awkward Money Conversations Manageable The good news is that investing in the right tools will make your next money talk that much more manageable. But you can’t-these discussions are unavoidable. I’d like to say that you can build a business without having them. You’ll do anything to avoid these conversations. So difficult that a would-be founder may struggle to assert their work, or might not even bother with starting their business in the first place. I acknowledge that these conversations are more difficult for some. But my improved self-worth, recognition of the value I provide, and acceptance that these conversations are part of running a business have helped me build a thriving one.Īnd I want the same for you. That’s not to say that I’m entirely comfortable talking about money today I’m not. If you don’t like it, that’s okay I’ll simply find someone who does.” I eventually became so confident that I put a stake in the ground: “These are the services I offer and these are my prices. Money Talk Is a Key Part of Your Small Business But you know what? Over time I developed a sense of self-worth and became more comfortable with these conversations. Doubts festered because of this story I kept telling myself, and it affected my ability to make money. Who was I to be charging clients? What value was I actually providing? I disliked conflict, felt like an imposter, and didn’t understand my worth. ![]() ![]() And no, it wasn’t only the fear of losing clients… It was much deeper than that. In hindsight, I see why I was so uncomfortable having these conversations. When payments were overdue, I reminded them. When clients asked me my rates, I told them. The more financial conversations I had, the easier they became. I also quickly learned that if I wanted to be financially fit and have a thriving business, I would have to learn to deal with it.Īnd deal with it I did. 10/10 for content and inclusivity.Overcome Imposter Syndrome and Get Comfortable With Money TalkĪs my business grew, I grew. When talking about how to broach the subject of money, salary, and raises at work, she talks about things that women, BIPOC, and BIPOC women may want to pay extra attention to. In the section about figuring out money with your partner, she gives examples from not only her own experience, but also from queer couples. For example, in the section about supporting your parents/talking about their will, she gives the "typical" example, but also discusses how it might look different if you are from an Asian or Latine culture or if you're an only child of a single parent. Seriously, she did not focus on the typical white, straight, able bodied, middle class default that so many of these books cater to. The author had so much high quality advice for all kinds of situations. This installment in the Broke Millennial series centers around how to have conversations about money in a variety of different contexts: at work, with friends, with parents, and with partners. I am constantly pleasantly surprised by Lowry's ability to discuss personal finance in a way that 1) makes sense and is solid advice and 2) is progressive in the way different situations are discussed. ![]()
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