Let’s face it—money can be scary, especially if you’re low on funds. Even worse? Money-related stress can wreak havoc on our lives—it’s the leading cause of stress for most Americans, according to the American Psychological Association—which is why it’s critical to take proactive steps to manage your relationship with money.
Whether you’re feeling the financial pinch or simply hoping to improve your relationship with money, here are a few tips to help manage your money-related fears:
Stop seeing money as good or bad
Most fears associated with money stem from pre-existing beliefs, and many of us think of money as good or bad. Instead, think of it as a neutral resource.
Remember, money is a tool. Recognize your current beliefs and ditch the meaning behind them to shift your reactions, feelings, and fears. This will help you transform your entire relationship with money by making it much less personal.
After all, money only means what you believe it means.
Develop a “circulation” mindset toward money
Mindset is key, especially when it comes to money. If your mindset is set on lack instead of luxury, you’ll always be living with less than you deserve.
When I launched my business,…