Do you ever feel stressed or experience anxiety when faced with unexpected expenses?
You know that feeling when you take your car into the shop for a routine oil change and they tell you your brake pads are shot, or you’ve run two cycles on your dryer and your clothes are still a little damp. It’s only a few hundred dollars you tell yourself, as you try and catch your breath and calm your heart.
It didn’t even have to be a big expense to get my heart racing. I could feel it building through me until I felt quite depressed and overwhelmed. I would often think, wouldn’t it be nice if everything wasn’t breaking down all the time. Oddly it was a feeling that stayed with me even when I didn’t have reason to worry.
This kind of emotional habit towards money can be devastating to our health and to our wealth. Changing an emotional response to spending patterns as well as changing our spending habits takes time and attention. As much as I feared being forced to spend money, others may spend money they don’t have to make themselves feel better or horde it completely for fear of it never returning. There are so many ways to have an unhealthy relationship with money, but I didn’t want to be a slave to money or my emotions toward it.
Change starts with us not our circumstance.
Much like someone with an unhealthy drinking, smoking or eating habit, we have to make the decision to change. And with change, knowledge is power.
A Lesson in Mindfulness
Over the next month I would like for you to take a daily audit, two different times a day and ask yourself this:
- Did you buy out of necessity, desire or obligation?
- How did the purchase make you feel?
The goal is to discover the relationship between spending money and emotions. There are so many times we can dread spending money, like for birthdays and holidays but feel obligated to do so OR we’ll gladly pick up the check at lunch and worry about our light bill later. Relationship with money is more than just a lack of money. It creeps into our daily lives and creates a freight train of stress. It becomes a weight we carry and makes money or the lack of it the problem. When the truth is, it doesn’t matter how much money we have, if our relationship with it is so unhealthy the thought of spending it brings up emotional turmoil or financial strain.
Once you understand the emotion you can change the behavior. Now you may not be able to change the emotion… but awareness can help you make better and healthier decisions where your financial future is involved.
Having a positive and happy emotional towards money creates opportunity for abundance.
To Your Financial Health!