How to sort out your money on low income – 3 reasons to start TODAY

How to sort out your money on low income – 3 reasons to start TODAY

Do you feel like there’s no point having a money system because you’re not making enough?

In today’s episode we’ll talk about how to sort out your money on low income.

I’ll share 3 reasons why you need to get your money system in place sooner rather than later – ESPECIALLY if you feel like money is tight!

See, a lot of people make the mistake of thinking that a money system is for those people who’ve got plenty to spare.

But this is actually a habit that the sooner you start, the sooner it will help you move forward financially so you DO have plenty to spare!







For me personally, I started creating what is now known as the Magnetic Money™️ System when I was a broke single mom. I needed to make every dollar count because I literally had weeks where I thought I wouldn’t be able to pay the rent or put food on the table. And so it was critical that I stayed on top of my finances, knew how much money was available and what my priorities were.

But this goes way beyond survival!

Starting to get on top of your money and taking control is the beginning of you getting out of that jam and moving forward financially. This is the start of being able to create financial stability and eventually, financial security and wealth for yourself.

Here’s 3 reasons to get started as soon as possible:

NUMBER 1: Managing your money well is a HABIT. 

So the very first reason why you want to get a money system in place now – even if you feel like you’re living paycheck to paycheck – is that it’s important to get into good habits early.

And this is one habit you want to get into as early as possible. Because if you get into bad habits  when you have little money, you will take them with you when you have more money. And that will only create bigger problems!

It’s so much easier to start a good habit and continue it, than to try and get out of a bad habit down the track. So you may as well start off on the right foot.

Get into good habits early & take them with you.

NUMBER 2: Breaking it down avoids future pain

A good money system allows you to plan for bigger expenses by breaking them down.

For example:
Say your car needs a thorough service and new tires once a year and it costs $1,000.

Now, if you don’t plan for that, then this sudden expense to ensure you can keep driving the kids to school can create a really stressful situation.

But if you break it down with your money system, it’s actually only $20 a week you need to consistently put aside. And in return, you get amazing peace of mind, knowing your car will continue to be roadworthy and reliable.

It makes a huge difference to your stress levels. It allows you to stay focused on your business to keep the money flowing in, rather than get distracted by sudden emergencies and start experiencing a feeling of lack.

There are loads of big annual expenses like this, not least of all your tax bill!

By getting that money system ticking along sooner rather than later so you can track and  smooth your cash flow, you avoid future pain and stress. And that helps you stay in alignment with abundance and continue to attract more.

This is exactly what the Magnetic Money™️ system is designed to help you do – and what any good money system should do. 

NUMBER 3: Discover your REAL business income goal!

Right, let’s move on to the third reason why you want a money system in place sooner rather than later. This one is especially for you if you feel like all your money’s going out on bills and your business isn’t bringing in enough.

Your money system will show you what the REAL gap in your income is! (and that’s often a lot less than you think, because we tend to worry and catastrophize way too much…)

Once you know what that number is, you can then plan your business income streams to ensure you meet your income goal.

Your money plan delivers your business income goal.

It lets you know what your business’ baseline income target is. From here, you can set other goals that include wealth creation, lifestyle upgrades and so on.

But first you need to know your baseline target. The income amount that will ensure the bills get paid and the business keeps running.

Unfortunately, too many people just make up a random number when choosing a business income goal, with no idea how they actually need to bring in.

Once you know your income goal, you can then plan your income streams and decide HOW you will generate that income.

This is exactly what we help you do in the Magnetic Money™️ System Bootcamp, so be sure to check that out here to learn more.

A great place to start is by organizing and tidying your banking. That is step one. You want to get those foundations in place and make sure you have the right infrastructure in place so your money can do what it needs to do.

I have a free workshop to help you get started. It’s called Organize & Tidy Your Banking and you can get instant access here.

Think of it as Marie Kondo’ing your finances so you can experience the joy of becoming magnetic. It’s a lot more fun than a bunch of rolled up socks & jocks, believe me. 😊

Remember – abundance is an inside job.. but there are some things we have to do on the OUTSIDE  to help it flow.


See you soon!

xx Miriam

Ready to go deeper?




Organize & Tidy Your Banking

‘Spark the joy’ of becoming magnetic – for women entrepreneurs.

The Secret Code to Unlocking Your 6-Figure Income - PLAIN HEADER


Emotional Spending – how to stop feeling guilty for spending money

Emotional Spending – how to stop feeling guilty for spending money

Today I’m giving you my top tips for avoiding the guilt of retail therapy

We’ll help you stop emotional spending so you can stop feeling guilty for spending money on yourself – and make better purchase decisions.

When it comes to retail therapy, I definitely tend to do more of it when it’s the last thing I should be doing. It’s usually either financially not a great time to eb spending up – or there’s something else going on that I should be focusing on instead.

Because more often than not, retail therapy is just a distraction.

That’s why today I’m giving you some practical tips to avoid unnecessary retail therapy and the subsequent guilt that comes from it. You’ll also get some practical tips to help you make better purchase decisions so the things you buy are what you actually need, want and can afford!







Looking back, it’s pretty obvious that the times I was doing the most unnecessary spending were also the times I was feeling the least happy and fulfilled.

The shopping was just a distraction, an escape mechanism.

It’s not really therapy!

We call it ‘retail therapy’, except it’s not actually therapy. It only gives you a temporary high – and then you’re left dealing with the bill and the guilt afterwards. And that makes you feel even worse!

So let me give you some practical tips to help you avoid getting into that pickle in the first place. Because we want to ensure that when you shop, you do it in a healthy way that makes you feel empowered and great about your choices.

Tip Number 1: Want vs Need:
Before you buy something, ask yourself, “Do I just want this, or do I actually need it?”
Because we say, “I really need this,” when we actually just mean that we really want it.

And it’s okay for you to want things. But the next question to ask is, “WHY do I want it?”
And that can be extremely illuminating!

Some more questions to ask yourself:

“What do I really want? What is it I’m really looking for? Is it validation, feeling more desirable, feeling rewarded or worthy? What am I actually wanting that I think this thing I’m about to buy is going to give me?”

Because if you’re looking for something else altogether, then this purchase is just a band-aid. And when it falls off, you’ll be left with an even bigger sore.

So the question of, “What do I really want? What do I feel is missing?” is very powerful.

The ease of online shopping can make quitting retail therapy pretty tough. Because it’s just too easy! There’s a million apps, free shipping & free returns. It feels like this effortless commodity – except you still wind up with the charges on your credit card!

So Tip Number 2 is: Set a spending limit!
The rule is that anytime you want to spend more than this limit, you need to wait 24 hours before going ahead.

This will give you some breathing space and helps you step away from the emotional state that’s driving that purchase. It helps you make a rational decision you’ll feel good about and consider your choice from outside that emotional space. Then you can decide whether you really need it – or if you just wanted it to try and fill a void.

It gives you space to step away from making an impulse decision based on emotion.

Tip Number 3: Imagine The Future
Another trick that really works for me is to imagine myself in 6 months time. I imagine having that item in my wardrobe or in my home. How do I feel about it now? Do I actually want to use it? Do I enjoy having it?

Example: I’ve been looking to buy some summer dresses. Now, I’m usually more of a jeans and t-shirt kind of girl but decided I’m going to make an effort to dress more feminine.

And as I imagined needing to leave the house wearing one of these dresses in 6 months time, I suddenly realized that none of them were a style that suits me!

So imagining yourself with it in the future is a great little trick – especially when online shopping. Because it looks great on the model when we ‘Click To Buy’. But sadly I’ve come to realise that still doesn’t help me suddenly grow cleavage…

Tip Number 4: Buy a round trip!
Last but not least, a really, really practical tip is to make sure you can get a full refund without having to pay shipping charges in your returns.

And a bonus tip is: When your items arrive, keep those tags on until you’re ready to wear them!

Make a note in your diary so if you haven’t worn it by the final return date, you can have another look at it. And if it’s still sitting in your wardrobe by then, chances are, you will return it. Because if it was perfect and you loves and needed it, you’d have found a way to wear it by then.

Which probably means you  were looking for something else altogether…

Okay, so there you have some really practical tips to:
1. avoid the guilt of retail therapy
2. to actually make some really good empowering purchase decisions

How do you avoid the guilt of retail therapy?

Share your top tips in the comments below!

I also highly recommend you get your money organized so you know where to find your fun money and how much you can spend guilt-free. It’s a massive help in avoiding emotional spending and the subsequent guilt.

My free workshop “Organize & Tidy Your Banking” will help you get started. You’ll find the link to get instant access below.


Enjoy & see you in the next episode!

xx Miriam

Ready to go deeper?




Organize & Tidy Your Banking

‘Spark the joy’ of becoming magnetic – for women entrepreneurs.

The Secret Code to Unlocking Your 6-Figure Income - PLAIN HEADER