Finance Girl

Today I’m talking about Money Mindset Blocks, what they are, how they affect us, why we get them and ways to clear them.

Prefer to listen to it? Find it here on my Podcast – Episode #02 Money Mindset Blocks.

Money Mindset Blocks are subconscious, negative beliefs, otherwise known as limiting beliefs about wealth, value and deservingness.

These negative, limiting beliefs create emotional resistance, often causing self-sabotage, undercharging, fear of investing and avoidance.

Common Money Mindset Blocks Are:

The Scarcity or Lack Mindset.

This mindset involves believing there is never enough money, this can lead to hoarding money, a fear of spending and can cause anxiety.

Deservingness and Guilt.

This mindset is very common with women; I still struggle with blocks around this.

It involves feeling unworthy of having or earning money, as well as feeling guilty for having more than others.

This often results in self-sabotage or giving away services.

One thing I have struggled with in the past is feeling guilty for having more money than others around me, I experienced people close to me guilt-tripping me to the point where I felt financially responsible for them and actually ended up paying all of their bills and helped to get them ahead.

Until it continued happening and I had to learn the hard way that they were taking advantage of me and I put a stop to it.

More common Money Mindset Blocks are:

Money is Evil or Dirty.

This involves viewing or believing that money is a corrupting force, this mindset block often stems from negative past experiences or social influences.

The “Hard Work” Myth.

This involves believing that money must be hard, painful or even impossible to earn.

This prevents people finding easier and more efficient ways to generate income.

This belief often leads people to burn themselves out in pursuit of more money.

If you struggle with this Mindset Blocks, I recommend that you listen to my first podcast Episode – #01 Make Money Easily.

It goes into deeper detail, and I also talk about one of the best ways for people to scale to help make money easily.

Lastly there’s the Fear of Success or Failure Mindset Block.

This often involves fearing that having money will change you negatively or that people will view you in a negative way.

It also involves fearing trying to make it will lead to public embarrassment if it leads to failure.

I also personally struggle often with the fear of failure mindset, not just with my business or money but also with other things in my life, like my dancing achievements and even though I was awarded with a High Distinction for my first dance, I am still scared of failing or being embarrassed.

Some signs that you might have money blocks are:

• Avoiding checking your bank account.
• Undercharging for products or services, or feeling guilty for charging, or worse not charging at all.
• Procrastinating on decisions regarding finances or business growth.
• Difficulty or blindness towards seeing new opportunities for income.

We get Money Mindset Blocks mostly due to fear; they act as a defense or protective mechanism, intended to keep you safe from harm, but ultimately, they hinder your financial success.

They often stem from fear, trauma or childhood conditioning.

Common causes include hearing negative phrases about money growing up, witnessing parental financial stress, or adopting beliefs that wealth is unsafe or greedy.

Now here are some helping tips on How to Overcome Money Mindset Blocks.

The First Step is to identify and challenge them.

You do this by recognizing the limiting belief and then you reframe it into an empowering one, often an affirmation.

The Second Step is to practice gratitude.

You do this by shifting your focus from scarcity to abundance by appreciating current resources already around you.

The Third Step is to take action, this can be raising your prices or releasing a new product or service, it could even be hosting a garage sale.

The Fourth Step is to visualize.

You do this by spending time daily picturing your desired financial outcome or life coming true.

If you are interested to learn more about money mindset and how you can use it to manifest money into your life, I recommend you check out my course How to Manifest Money – A Guide to Financial Abundance.

xx Nicola.