In the face of money issues, such as chronic debt, it can be tempting to throw up our hands in powerlessness or blame others for the problems we face.
Yet, if we’re willing to look at our own beliefs about money, we may find that they’re getting in the way of a sense of well-being and security in our lives. Here are a few common attitudes about money:
I Don’t Have Enough Money
Although Sarah’s income is twice that of her friends, she talks to them often about how hard it is to pay the bills. At the root of her fear may be a belief that she can’t take care of herself or that the world is a harsh place with scarce resources. People like Sarah sometimes fear that they will lose everything and end up homeless.
I’ll Never Have Enough
Mike also feels that he doesn’t have enough money, but rather than feeling that the world is a harsh place for everyone, he believes it is especially hard for him. Other people will do just fine, but he’ll always be poor. If you try to encourage him, he’ll list the many strikes against him. People like Mike are often underearners, blind to the opportunities that are available.
I Don’t Like/Care About Money
This attitude is held by people at all income levels. It can have its origin in religious beliefs, political beliefs or guilt at inherited privilege. Pam is a child of the 60’s who says she doesn’t really like money. She never allows herself to have what she truly wants and always buys the cheapest version. She’s a landscape designer, but regularly underbills her clients. A classic underearner, she sometimes relies on credit cards for basic expenses such as rent.
I’m Clueless about Money
Doug doesn’t know how much money he has or spends and, as a result, frequently finds himself saddled with late fees and bounced check charges. People like Doug may believe that they’re not skilled enough to handle their money or may think that money is uncouth. Doug makes a good income, but his unwillingness to pay attention to it also makes him vulnerable to theft, fraud, debt he can’t afford and bankruptcy.
If any of these attitudes resonate, you may want to explore them with compassion for yourself and support. As you bring awareness to self-limiting beliefs and adopt a more empowering stance, you expand into a larger sense of personal freedom.