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Charge what you’re worth

7 tips for raising your rates and making more money in your creative business

As a creative entrepreneur, charging your worth can be a god damn scary hurdle. It can be difficult to put a price on your creative, process, quantify your output and feel confident in asking for what you deserve.

If it’s one thing I’ve learned, it’s that working on your money mindset can help you overcome these challenges and start charging a premium. Here are a few of my favourite practices you can incorporate into your life to help you achieve your next level.

1. Challenge your limiting beliefs

One of the biggest obstacles to charging your worth is often your own limiting beliefs around money. Take some time to examine your beliefs around money and observe, challenge, and change any negative or limiting thoughts that might be holding you back. You deserve to be compensated fairly for your time, and sometimes it’s the smallest stories that are holding us back from that next level.

2. Practice gratitude

Gratitude is a powerful tool for shifting your mindset and cultivating a positive attitude towards money. Take time each day to reflect on the things in your life that you’re grateful for, including the money you’ve earned and the opportunities that have come your way. This can help you develop a more abundant mindset and attract more wealth into your life.

3. Develop a budget

Creating a budget can help you gain a better understanding of your finances and make more informed decisions about your spending. Knowing exactly how much money you have coming in and going out, and what you need to achieve financial freedom, can also help you feel more confident in setting your workload, deciding on prices and negotiating with clients.

4. Set financial goals

Setting financial goals can help you stay motivated and focused on your vision for your business. Whether you’re working towards a specific income goal or saving for a big purchase, having a clear target in mind can help you make more strategic decisions around your money.

5. Surround yourself with positivity

The people you surround yourself with can have a big impact on your money mindset. Seek out business friends and mentors who have a positive attitude towards money and can offer you support and guidance as you navigate the challenges of being a creative entrepreneur.

6. Practice self-care

Taking care of yourself is essential for maintaining a healthy money mindset. Make time for activities that bring you joy and help you relax, such as massage, meditation, or getting outside for a walk. When you feel more grounded and centred, you’ll be better equipped to handle the stresses and challenges of running a creative business.

7. Learn to say no

Saying no to opportunities that don’t align with your values or goals can be challenging, but it’s an important part of charging your worth. By being selective about the clients and projects you take on, you can ensure that you’re putting your energy and resources towards work that truly matters to you (and makes you money)!

By incorporating these money mindset practices into your life, you can start pricing appropriately and building a successful creative business. You totally deserve to be compensated fairly for your talents, and there is no downside to charging what you’re worth. With a positive and abundant mindset, you can overcome your limiting beliefs and achieve your financial goals.

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