Today we’re going to address one of the symptoms of money anxiety.
As you may or may not know, here at The 6 Figure Academy, one of the primary things we help entrepreneurs resolve is money anxiety.
So, what’s the symptom that we’re going to talk about today? There are actually two, but they’re kind of correlated to each other.
One symptom is spending money faster than how you bring it in. In other words, a symptom of money anxiety is kicking money out as soon as you get it as much as possible. One question you can answer for that is “What happens when you start to get money?” And if your answer is “I spend it”, then that’s a symptom of money anxiety.
The flip-side of that is being so miserly and holding on to money so tight that you don’t even spend it in the right areas that you should be spending on, or you’re cutting yourself short in terms of spending like coupon clipping or getting substandard quality just so you can save a few pennies here and there.
When you’re freely spending money too much as soon as it comes in or even faster than it comes in, then what happens, that’s called a prosperity leak.
Then on the flip-side, if you’re holding on to it, not wanting to spend money at all, you become overly miserly, that’s a prosperity block.
Why I call it prosperity leaking and blocking is that both do not serve the energy of prosperity well for you and your business. As an entrepreneur, you really need to pay attention to this because how you do things on your personal side, don’t think for a moment that it won’t show up in your business as well, not just in you, but in your clients or your customer base.
So, how do we resolve this then? On the side where you’re leaking prosperity, it is usually a function of not paying attention to how you’re spending your money. In which case, you want to create a ledger, what we call a prosperity ledger. You want to create a list of all the things that you want to buy, and get in the habit of not spending a dime until you write it down first. The process of writing it down allows you to kind of connect with your mind and your body and say, “Do I really need that? Is that something that I need right now?” Okay, so that’s how we resolve the prosperity leak piece amongst other things.
On the prosperity block piece, it is more of a self-value, self-care. In which case, you want to start creating a list of things that you truly want just for you, okay, and then attach a value to that and start developing a game plan to gift yourself those things through the expenditure of money.
Both ways, by doing one of those strategies and tactics, will resolve the leak or the block. There are a few other strategies but these are the key places. This is the first place to start, and it’s to create a list of all the things you want to buy for the prosperity leak, and for the block, create a list of all the things that you want for yourself and allow yourself to put it on the list and set a goal and set an attention to acquire and buy it.
Hopefully, you found that useful. If you find someone resonates with this type of challenge or this type of symptom with money anxiety, then please share because sharing is caring. If you haven’t subscribe to our list yet at make sure you do. You can also follow us on Facebook, like us there on the business page. Follow us on YouTube, like our videos there as well, and follow us on Twitter.
So, what are you waiting for? Block the leak, release the block of the prosperity. However it is, you want to find the harmonious middle so that your business does not start reflecting your personal habits on how you deal with money.
