How to Improve Your Money Mindset by Facing Your Money Fears so You Can Start Feeling Better Right Now

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Whether you have it, you don't, you're striving to get it or get rid of it, money is a huge life learning tool that affects us all in one way or another.

​A Scale of Statistics

For those of you who like numbers, according to the U.S. Federal Reserve in 2022, 32% of Americans wouldn't be able to cover a $400 emergency with cash, savings, or a credit card that they could quickly pay off.

On the flip side, there are 62.5 million millionaires globally according to the 2022 Global Wealth Report by Credit Suisse.
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Why Keeping Your Money Situation in the Dark Isn't A Great Idea

Your personal money situation is one of those subjects that, unless you're pitching a get rich something or the other on YouTube, typically isn't discussed in a public arena.

Whichever end of the scale you're on, conscious or subconscious fears related to money and your money mindset aren't often adequately addressed on a personal level and as a result, can be the source of in-your-face or silent stress.

Personally speaking, as a career entrepreneur, I've experienced the range of highs and lows. When times were exceptionally low, I avoided the subject of money with massive resistance within my own mind because it was a painful subject. Didn't want to think about it, talk about it, just wished the whole issue would fast forward resolve itself and go away.

While I found ways to maintain my financial responsibilities during this time, this internal avoidance wasn't the best way to think about money.

Reason being, and this is a Gold Nugget, is that you can't bring change to any area of your life when you're avoiding or resisting what's going on in your life right now.

Not only that, resisting something naturally repels it.

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Dropping Resistance: An Amazing Example of Strength

I recently finished the book Edith, The Rogue Rockefeller McCormick by Andrea Friederici Ross.

Edith Rockefeller McCormick – the daughter of John D. Rockefeller Sr., widely considered the wealthiest American of all time and the richest person in modern history – was considered the wealthiest woman in America during her time (1872 - 1932).

Her life's events are well beyond the scope of a blog post, but let's just say it was massively extravagant and unconventional. In the latter part of her life she co-founded a highly successful real estate business with her two partners in Chicago providing housing for low to middle income home buyers among other related ventures.

Following is an example of how she dropped her resistance to her money situation.

The stock market crash in 1929 found Edith's enterprise overextended and people unable to pay their mortgages (sound familiar?). While her business was found to have been run properly upon investigation, everything dissolved and her pleas for family help were ignored. 

While many could not survive the emotional fallout of a devastating financial wipeout, when asked by a banker friend who was trying to help her why she didn't just hightail it out of the country skipping out on her financial responsibilities, she replied,

"I am having the best experience of my life. I have had everything before and have never known what it is to want for anything and not satisfy my longing. I am learning and having much greater feeling towards others."

As the author wrote in an understated comment, "It takes a certain type of mind to appreciate the knowledge acquisition aspect of bankruptcy."

Mindset has a huge affect on your money situation.

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​How This Relates to You

Dropping your resistance to whatever's going on in your money circumstances, whether it's too little, too much, or somewhere in between and allowing yourself the experience of what is begins to free you. You can then take what you've learned from it and move on.

Think of avoidance and resistance like a log jam in a river. Debris and all kinds of stuff begins to backlog. Start breaking up the jam and things begin to flow again.

​Whatever's going on with your money situation, shining a light on it rather than shoving it under the rug brings liberating benefits. Beginning to look at your money mindset from a different perspective and having the courage to face your resistance and your fears does the same. 


For help and hope, check out this free special report: The Astonishing Truth About Your Money Fears: Part 1 – Special Report:

​1. Discover the Hidden Fear Related to Your Money
2. Alert: Outside Influences Affecting Your Thoughts and Your Money
3. Get In On The Secret: Where Your Money Supply Really Comes From

It's Part 1 of a three-part series.

Click Here to Get Your Copy of the Special Report

Enjoy!

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​Your comments are welcome.

Photo Credit: JPlenio (top photo)