MONEY BLOCKS

Money Blocks

11 COMMON MONEY BLOCKS & HOW YOU CAN GET OVER THEM

By: Takisha Artis -https://www.takishastheory.com

Financial empowerment starts with being responsible enough to educate yourself to create better spending habits, and to manage your money properly. Yet, I’m still saddened that most people don’t take control of their finances so that they can gain wealth and prosperity.

Most people aren’t taught to handle money so we continue through life excessively spending, with limited savings, and feeling embarrassed and ashamed over our lack of money or mistakes. What’s even worse, you’re made to feel guilty for wanting to upgrade your financial situations once your realize the err of your ways.

As someone who has lived paycheck to paycheck and filed bankruptcy, I know the details of this situation all too well. I prayed for help, and gratefully, my prayers were answered. Not in the form of more money, because let’s face it, I didn’t have the skills to handle more. My prayers were answered in the form of a new mindset, better spending habits, financial education, budgeting, and financial peace. I’ve had to endure some hard financial times to understand the lessons. I’ve learned to save; I’ve learned to enjoy what money can afford me; I’ve learned to give; I’ve learned to manage; I’ve learned that wanting a better lifestyle is growth; and above all I’ve learned how to identify and deal with my Money Blocks.

What’s a Money Block? A Money Block is a belief, thought pattern, or story that stops you from being able to make, save, spend, and manage money. It’s essentially, a financial obstacle that prevents you from enjoying a positive connection with money.

HERE ARE 11 OF THE MOST COMMON MONEY BLOCKS:

[ 1 ] Believing you can’t have it all - Uncomfortable with receiving money.

[ 2 ] Believing you have to settle - Free or discounted prices when you know they’re worth more.

[ 3 ] Comparison - There’s someone already doing it, I can’t make what she does, feeling like a fraud or unqualified. “ Most people aren’t taught to handle money so we continue through life excessively spending, with limited savings, and feeling embarrassed and ashamed over our lack of money or mistakes.

[ 4 ] Excuses - People won’t pay my prices, my family doesn’t support my business, I don’t know how, or I have so many ideas.

[ 5 ] Procrastination - Putting off making more money, not working towards the goals you set, or not working on your business.

[ 6 ] Believing the worst - You’re always waiting for the worst so you never enjoy what you have, you can’t make more or have more.

[ 7 ] Surrounding yourself with negative people or those with a poverty mindset - They complain about money constantly, they don’t listen.

[ 8 ] Believing you don’t deserve money - Uncomfortable with extra money or spending when you get to a certain amount.

[ 9 ] Believing you need to be perfect to be successfulExcessive spending or giving to others but not yourself.

[ 10 ] Fear of success - You start gaining traction but the moment it gets good you stop or slow down.

[ 11 ] Fear of failure - You do a little or talk yourself out of things because you’re scared to give it your all.

You might have read a couple of these and thought, that’s me. Yup, these blocks have probably been ingrained in you since childhood or what you’ve experienced or witnessed others go through.

SO NOW WHAT? HOW DO YOU GET OVER MONEY BLOCKS?

❶ Identify the block and how it applies to you. Why do you believe that (some memory to go with it)? Acknowledge that even if you believe in some of them, know that they are blocks put in place to protect you based on your beliefs. Now our subconscious believes them to be true.

❷ Change your response to the money block. You’re going to have to retrain your mind so it doesn’t feel threatened so that you can get to the next financial level.

❸ Reframed pep talk. Taking a negative thought and belief and transform it into a more realistic positive thought.

So let me break it down for you even more, this is what I realized when I coached myself on this.

A. My procrastination on creating new products was a Money Block because I didn’t believe I could replace my current six figure salary by creating digital products. I was unmotivated, therefore, I sabotaged my business by my lack of effort.

B. I changed my responses. By not creating new products that I'd already outlined or thought of, but did nothing with, I was losing money. For example, if I didn’t create the $10.00 workbook, I was losing $300 a month, had I sold one a day. My procrastination was costing me $300 in lost sales for each month I didn’t take action. With notebooks full of ideas, it was a pivotal moment in my business in how much money I was leaving on the table.

C. My new pep talk - "I am implementing new products my tribe wants immediately because procrastination leads to lost sales." Ki

Working on your money habits and mindset will be an ongoing effort that you'll work on forever. At each new level of my income, I've had to shift my perspective from nothing, to surviving, to a little bit saved, to investing, and to more than enough.

Blocks don't go away because you get more money, your mindset is still the same. You’ll just handle money as you've always done. To have different results, your actions must be different.

Now is the time to identify and work on your Money Blocks. Your future depends on it.

www.takishastheory.com

http://bit.ly/workwithellese