By Michelle Mitchell
You’ve worked hard this year. Have you taken a moment to step back and say, “I did that”? If not, you should show yourself some appreciation!
At the end of each year, it’s valuable to look back at your monthly numbers and notice what trends pop up and why. There might be a month or two where your profits dipped but usually there’s an explanation. Maybe you invested in something that month and saw an increase the next month. Either way, you don’t only want to focus on the negative.
What were your wins this year? It doesn’t have to be a big milestone. It’s worthwhile to celebrate even the little financial milestones you reached.
If you’re having trouble finding something to celebrate, consider these small milestones:
- Consistently setting aside money for taxes or savings.
- Holding a CFO day at least once a month.
- Having a consistent monthly revenue.
- Earning more than the cost of your expenses.
- Paying yourself on a consistent basis.
Just like your milestones don’t need to be big, your way of celebrating doesn’t have to be big either. Some milestones leave money to spare that you can use to treat yourself. If that isn’t the case for what you’re celebrating, reward yourself with something free.
My favorite free reward is a good nap. Sometimes all you need is a little shuteye to get yourself back up and running in good condition. There’s this myth among business owners that overworking yourself is something to be congratulated. Take back control of your energy by refusing to be overworked and giving yourself enough rest.
Speaking of rest, taking a day off is another great reward that doesn’t cost anything up front. You are the CEO so you get to choose which days you work and which you don’t. You’ve earned some time off so take it!
What financial milestone will you be celebrating? How do you plan on celebrating? Let me know in the comments or by messaging me on social media!
For more great articles and information on our exceptional Michigan QuickBooks expert Michelle Mitchell, visit https://mitchellconsultingservice.com/
Happy New Year!