Limiting beliefs around money or money blocks are not just limited to our finances or business. Willful blindness or just plain ignorance about them can disrupt the key areas in life.
As with anything else in life, the first step is always getting real, recognizing and being honest about the blocks. We don’t shift or heal what we don’t acknowledge.
Part 3 dives into something we’d rather not think about.
Money Block No. 2 – Guilt and/or Shame
Many women entrepreneurs deal with this very common money block; specifically guilt and shame about making “a lot of money.” What is considered “a lot” is personal to every entrepreneur, and is tied to whatever we’ve experienced, seen, been taught or have adopted throughout our lives.
Money guilt and/or shame manifests in a variety of ways, including not keeping money or chasing it away.
What does this mean? Having so much guilt about having a lot more money than other people prevents building wealth or even creating enough savings for six months of living expenses.
This discomfort causes some women entrepreneurs to still live precariously, pay check to pay check. After all, the culprit — money — is bad and must go away, far away into irrational spending, high expenses, debt accumulation.
I don’t know about you, but I’ve been there. Few years ago, when I still in my corporate job, I routinely lied about my salary because I felt guilty that I could afford to pay my expenses without worry. I was beyond ashamed to have money.
So, what did I do? I made that bad little dirty thing go away. I’ll leave the details for another day, but I developed sophisticated ways of making sure I rid myself of my money as soon as my paycheck hit the bank.
Have these blocks completely disappeared? Nope!
But, everyday is a new opportunity for me to empower myself with new beliefs. To create something new. To be conscious of who I surround myself with everyday.
Prior to coaching, I scoffed at the thought that I was the average of the 5 or 6 people in my inner circle. I was too spiritual, loving and inclusive to understand it.
If you’re making multiple six figures and no one in your inner circle knows what an alternative minimum tax is, or your close confidantes routinely tell you they wish they had your 6-figure money problems, then I invite you to consider that it might be prime time to add a few new friends to your life.
But again, its hard to see the block when you’re swimming in it, and the mind that created the block cannot shift it on its own.
In my case, working with my coaches gave me the opportunity to see what is possible when I let go of beliefs that no longer serve me. When I put myself in a space that allows me to dream of creating something new.
When I add to my circle and include people who share my vision. Other upwardly mobile individuals who inspire and challenge me to dream bigger, create more, give and serve more and make a bigger impact in the world.
Today more than ever, I recognize the beauty and gift in embracing the flow of money, in and out of my life. The good that money can do in the world.
What about you?
What is your money story? Have you ever felt guilty about money? Having it? Not having it?
Looking back, can you identify any time that your money blocks (if you are aware of any) have subconsciously led you to push away opportunities to create money?
What if you could heal those blocks and step into a higher vibration of yourself?
Is this getting too woo woo?
Then let’s keep it “mainstream.”
What if you held yourself up to a higher standard? A new standard where you own your worth and value and confidently step up and become everything you were created to be.
That place where you create space to make a lot of “guilt-free” money so that you can do more of this heart-centered work you’ve set out to do. To change the lives of more people. To live the life of your dreams (yes, it’s great to dream of a great life).
To have the opportunity to share your wealth with those less fortunate with yourself if you choose. To make a bigger impact in the world.
If how you do money is how you do everything, then how are you doing?
What would have to shift to improve the overall quality of your life?
A great place to start is creating an awareness about your relationship to money; gaining an insight into the blocks and how they show up.
A look at what triggers them, and how they show up in your business and other areas of your life.
Investing the time, energy and money to heal these blocks goes a long way toward dreaming, creating and living the life of your dreams.
As the expert on your life, you get to choose what serves you best.
What do you want?
What will empower you to step up and create what you want in your life and your business?
What is in the way?
What resources do you already have available to you?
What support do you want?
I love hearing from you! Comment below and share your thoughts.
Want to connect? Email me at mimidabo@lifecoachforwomen to share your story, your perspective, your comments or your questions.
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Peace and Love,
Your Life and Business Coach
MiMi Dabo, MBA, CPA, JD
I help women entrepreneurs, coaches and business owners create successful businesses without burnout and overwhelm, create ideal clients in their viable niche, confidently charge premium prices for high-end programs and packages, and double, triple or 10x their income with less work, less guilt and a bigger impact.
Take the FREE Business Success Quiz at www.lifecoachforwomen.com.