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I know, you want more money.
You want to pay off your credit cards.
You want to pay off your student loans.
You want to pay off your car loans.
You want to have your retirement savings all ready for when you retire.
You want to have that buffer in your bank account so that you are paying next month's bills with last month's paycheck.
You want to have that emergency fund saved up for six months worth of bills just in case something were to happen.
You want to buy a new car.
You want to buy a house.
The list just goes on and on.
There is always something else that we are looking to get with our money. But there is also another reason why you really want the money. There is another reason why you want to pay off your debt. There is another reason why you want that buffer in your bank account or to have that emergency fund saved up.
When you achieve your money goals, how are you going to feel?
What is the core emotion that you really want to feel when it comes to your money and achieving the goals you have set out?
When you have that buffer in your checking account every month and can actually pay next month's bills with last month's pay, how is this going to feel for you?
When you have six months worth of an emergency fund saved up, how are you going to feel?
When you pay off all of your credit cards, how are you going to feel?
When you make that final payment on your student loans, how are you going to feel?
When you buy that new car and pay cash for it, how are you going to feel?
I'm going to go out on a limb here and say that you want to feel relief. You want to feel happy. You want to feel secure. You want to have the feeling that everything is going to be okay and you don't have to worry about money. Am I even just a little bit close?
The money we have, the money we don't have and the money we owe always, always, ALWAYS comes down to our feelings and emotions. And these feelings and emotions can be from right now, and they can also be years and even decades ago!
As humans, we like to bury our emotions deep in our subconscious, especially the ones that we didn't enjoy feeling. But those emotions always come back to haunt us when we really don't want them too, especially where our money is concerned. But because those emotions have been buried, we don't always know why we do the things we do with our money because everything has just become so automatic for us with what we do with our money.
So the next time you set a money goal, don't just set a goal for how much money you want to make. Set the goal and then define WHY you want to make that much money. What is this really going to for you and your life right now?
Money is a form of energy and while it may not be able to feel emotions directly and give them off, it can reflect them back. This is the same thing as when you pick up on someone else's anger, frustration and sadness just by being around another person. (But that person doesn't help you pay your bills or put food on the table.)
So that frustration you feel about your debt, it's going to stay around because you aren't exactly happy about the debt that you do have. That anger you feel towards your current student loan payment, it's going to continue to be that way until you decide that your student loans have helped you get to where you are today, whether you are working in that field or not. Your sense of worthlessness for not having a buffer in your checking account, having an emergency fund saved and having to live paycheck to paycheck, it's going to continue to stick around because you are telling your money that you are worthless and don't need money around you.
We are human and emotions are a natural part of our lives. But when you don't allow yourself to feel them and express them, you end up burying them. And in the end they come back to cause you even more problems later on.
Tell me, why do you really want that money? Why do you want to achieve your money goals for this month? What is it going to change for you? And more importantly, how is it going to make you feel?
Does money leave your bank account faster than it comes in?
It may be time to reset your money mindset.
Get this free guide to walk you through the process of resetting your money mindset in just a few short hours. Figure out why money doesn't stick around for you today.
Clarissa Wilson is a financial strategist and online educator who holds two master’s degrees in Forensic Accounting. Also creative and spiritual, she is an intuitive empath and introvert. Clarissa is the host of The Prosper + Profit Podcast, where money conversations occur on a daily basis -- as she believes that money shouldn’t be a taboo subject. After growing up on a dairy farmand learning to work hard for money, Clarissa awakened to a path that allowed wealth to flow easily to her. Clarissa currently lives in Pennsylvania with her two cats.