Whether you’re a thriving 7-figure business owner, a brand new entrepreneur, or a college student trying to work your way through school, you’ve probably faced money fears at some point in your journey – and that’s not uncommon!
Even some of the most successful people can experience fears or doubts surrounding money – what’s important, however, is having the awareness and the tools in place to be able to identify them when they pop up, so you can move through them.
Here are seven simple steps for moving through money fears (check out this podcast episode for the full breakdown):
As soon as you catch yourself in a limiting belief surrounding money (some common ones are, “Money is hard to come by,” or “I have to work my ass off in order to make enough”), stop yourself and take a moment to step into gratitude. This can be as simple as writing down a list of everything you are grateful for and that makes you feel abundant (nourishing food, loving friendships, etc.). Keep the list going until it feels complete!
This step is easy – and fun! Simply do something that makes you feel good – dress up, roll around in money, spend time with loved ones, treat yourself to your favorite meal, go on your favorite hike – whatever allows you to embody the energy of abundance!
Ask yourself what the worst-case scenario surrounding your fears would be. Write down this scenario, and list out exactly how you would move through it (for example, if you’re worried about not making enough money, list 15 other ways you can make money if you had to). Oftentimes, when we really hash out the “worst-case scenario”, we realize it’s not actually that bad – or that it’s something that we are equipped to handle, even if it does arise!
Ask yourself what you can invest in that will help you make more money in the future. Some examples include investing in real estate, buying a course that will help you uplevel your business, or getting involved in the stock market. By investing in yourself, you are sending a signal to the universe that you are committed and energetically available to receive your investment back tenfold!
Visualization can be an extremely powerful tool for helping us manifest the life we want. Think about what a life full of abundance would like for you. What would you have? How would you show up? Once you’re able to envision this, you can figure out how to actually show up as this abundant version of yourself, and you can identify any shifts you need to better be able to do so.
When our masculine and feminine energies are out of whack, it can block us from receiving what we are trying to call in! If you’re operating too strongly in your masculine, you probably need to allow yourself to embrace the feminine energy of surrendering – which in turn, opens you up to being able to receive. If you’re operating too heavily in your feminine, you might need to step into your masculine by creating some structure in your life, so there is clear space for abundance to flow. Take a moment to reflect on the ways in which your masculine and feminine energies might be out of balance and what you can do to create more harmony between the two.
Creating a daily ritual or manifestation practice can be a powerful way to call in more abundance. You can charge your water with the energy of wealth, make a scent blend with fragrances that make you feel rich & abundant, or place bills around your house so you can become more comfortable being surrounded by money.
Next time you experience yourself caught in a cycle of negative thoughts surrounding money, take a moment to practice these seven simple steps, and notice how your mindset and energy shift as a result.
One of the best ways to consistently raise and maintain your wealth frequency is to surround yourself with other “money activators.” If you’re ready to go all-in on conquering money fears, reframing scarcity mindset, and surrounding yourself with other motivated & high-vibe entrepreneurs, check out No Bullsh*t Business School! You’ll learn all of the tactical strategies & energetic practices you need to build an aligned, 6- or 7-figure coaching business – without the burnout!
FAQs
In Hebrews 13, Paul reminds us to “keep our lives free from the love of money, and be content with what you have.” No matter how big your dreams are, remember to be content now. The God of the universe is for you, and that is bigger than any financial struggles you may be dealing with.
How to overcome fear of money? ›
Having an emergency fund can do wonders to ease your fear of money, but it can take time to build. Rather than pressuring yourself to build your entire emergency fund all at once, set the goal of saving just a small amount per week—even $5 is better than nothing.
What is the fear of being financially stable? ›
Money anxiety affects many people. A constant fear of not having enough money to meet basic needs or secure your future can lead to constant stress over financial decisions, savings, and debt. It can impact your ability to enjoy life and make confident financial decisions.
What does God say about struggling financially? ›
God cares about how we approach financial problems, and he cares about our well-being. He is concerned about those who suffer because of another person's calamity. Psalm 37:21 says, “The wicked borrows but does not pay back.” He also expects us to trust him with something better than our investments.
What does Jesus say about wealth and worry? ›
Jesus recognizes the symptoms and says, “How hard it is for those who have wealth to enter the kingdom of God! Indeed it is easier for a camel to go through the eye of a needle than for someone who is a rich man to enter the kingdom of God” (Luke 18:24-25).
What is the root of money anxiety? ›
This fear is often rooted in past financial difficulties or experiences of poverty and can lead to extreme frugality or hoarding behaviors. Fear of Making Financial Mistakes: Another psychological root of the fear of spending money is the fear of making financial mistakes.
How to stop worrying about money when you have enough? ›
Educate yourself on ways you can manage your financial stress through breathing exercises, working out, meditation, drinking lots of water, sleeping more, spending more time doing the things you love, and being with people who make you happy.
What is the fear of money called? ›
What is it? Chrometophobia – which comes from the Greek word “chermato”, meaning “money” – is an extreme, irrational and overwhelming fear of spending money, and sometimes of money itself. Sufferers can experience intense anxiety or panic at the sight, smell or touch of physical money, or at the thought of spending it.
How to deal with money trauma? ›
12 Tips for Coping With Financial Trauma
- Embrace your worth: You are not your job title, bank account, or debt. ...
- Seek support: Talking about your financial challenges with friends, family, or professional therapists can lead to better problem-solving and more assistance, resources, and opportunities.
Coping with financial worries
- Stay active. Keep seeing your friends, keep your CV up to date, and try to keep paying the bills. ...
- Get advice. If you're going into debt, get advice on how to prioritise your debts. ...
- Do not drink too much alcohol. ...
- Do not give up your daily routine.
Four factors typically help initiate financial instability: (1) increases in interest rates, (2) a deterioration in bank balance sheets, (3) negative shocks to nonbank balance sheets such as a stock market decline, and (4) increases in uncer- tainty.
What are three prayers to say during financial hardship? ›
You are the God who provides all my needs according to your riches in Glory. I come to You as I am struggling financially, asking for your provision. Remove my fear, doubt, and unbelief. Fill me with Your peace and confidence in the promise of your care for me in time of need.
How to put God first in your finances? ›
Tithing—giving the first 10% of your income to your local church—is like the training wheels for living generously. It's a practical way to demonstrate you put God first in your life. Once you get in the habit of living with an open hand, generosity becomes not just something you do—it becomes who you are.
Why does God allow financial struggle? ›
God is working to display His glory in our financial limitations. This is true not only because it forges our character to become more like Christ, but also because it allows us to be witnesses of Christ to those who do not know Him.
What does the Bible say about being careful with money? ›
Hebrews 13:5 tells us, "Keep your life free from love of money, and be content with what you have, for he has said, “I will never leave you nor forsake you.”
Is it bad to worry about money? ›
It's totally understandable why money might keep us out at night. The margins are pretty thin for the average American family these days, and even a slight setback can have massive financial repercussions. But all that said, worrying is inherently unhelpful. It actively makes our lives harder while solving no problems.
How do I stop worrying about money? ›
Educate yourself on ways you can manage your financial stress through breathing exercises, working out, meditation, drinking lots of water, sleeping more, spending more time doing the things you love, and being with people who make you happy.
What is the warning about wealth in the Bible? ›
Matthew 6:24 “You cannot serve both God and money.” Luke 12:15 “Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.” The writer of Hebrews also reminds us, “Keep your lives free from the love of money and be content with what you have.” [Heb 13:5].
