Career Woman

5 money blocks that are holding you back

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Following on from the previous article I wrote about the money story, today we’re going to talk about Money Blocks.

I’m pretty sure you’ve heard about the Law of Attraction: manifesting, meditating on money and those kind of stuff. And if you’re like me, they all sound hocus-pocus. They are.

People who talk about them either don’t really know how it works or they like the idea of affirmations in their head and not really taking action.  I’m known for taking massive action. And I’m also known for being extremely spiritual and practical.

Did you know that on an average, 1% of the population earns the 99% of what everyone on average earns which means not many people have the right money mindset and when you start making money, not many people will understand?

So what are Money Blocks?

They’re basically deep-seated beliefs about money that we were taught or we picked up growing up. I’ve seen people who grew up with a lot of money and still getting that financial support from family that when they start their own business, especially women, they don’t make money. The underlying reason they found out later is that they feel they’re not good enough to make money because they never had to struggle financially.

I’ve also worked with people who came from a very conservative family who were taught that they have to work really – I mean really – hard to make money so they make sure they’re burnt out and overwhelmed before they earn their first $150.

So what are the symptoms of Money Blocks?

1. Guilt

You’re the average of the 5 people around you. If you’ve started doing something different in your life and business, and if you start earning a lot more money, do you feel guilty that people around you aren’t making as much? As a result, you might subconsciously go on and find ways not to make money.

2. Perfectionism

To start a business, you don’t need a fancy website or business cards, however, we tend to feel that if we don’t have them we’re not being a proper business owner. So even when someone wants to pay you, you feel guilty for not being a proper service provider. So you either don’t charge or you don’t put yourself out there.

3. Not good enough

Then there’re those who feel they don’t know enough – they haven’t taken the course, they need to learn more, they don’t have years of experience, there’re people out there who know more than them. As a result, they devalue their own power and their services.

Nobody’s going to give you permission. You need to give yourself a permission to charge what you’re worth.

4. Insecurity

I was once guilty of this before “Everyone’s teaching the same thing. Why should anyone pay me?”

First of all, there’re a lot of cafes but why do you choose to go to a specific one most of the time?

That’s their unique factor. If you’re starting out, it’s understandable to feel a bit insecure but you should never start a business without knowing what distinguishes you from the rest.

5. People pleaser

Are you taking on all kinds of clients, even the ones who want you cheap? And you find yourself blaming and complaining about how tired you are? Have you asked yourself why you do what you do? What makes you want to please people? Would you make more money if you stand your ground and charge your worth?

I always tell my clients that I worked really hard to be able to do what I’m doing now. I invested money, time, sleepless nights and panic attacks to be where I am today.

5 minutes to reply a short email to ‘pick my brain’ seems like nothing but when you have a lot of people doing that, they’re not valuing my time. Don’t get me wrong. There’ll be situations where I’ll always offer my services for free but not to please people.

Stand your ground and start saying ‘no’.

So those are a couple of symptoms of Money Blocks and here I want to share with you a few things that you can do to start receiving money.

  1. Pay conscious attention. This needs a bit self-awareness and paying attention to the patterns in your life.

If you find yourself making excuses or blaming everyone around you for not having money in your life, that may be a big red alert that you might be having a money block.

  1. Ask and be honest with yourself. What’s stopping you from making money? What are you scared of? I once knew a lady who didn’t make any money in the first 6 months of her business because she was in a rocky relationship with her husband. She was living on her his income and so she thought once she makes enough money, it’d be easier for her to leave him.

After working together, she finally did make a lot of money but she never left her husband. It was a false belief.

  1. Become aware of what’s available for you. I truly believe that money is available for all of us. There’re 110 ways you can make money now but if your focus is on debt, that’s what you’ll only see.

Think about the invoices to get paid, things lying around in the house you have no need for that you can sell, tax refunds, speaking at events, advertising on Facebook, sell your programs through affiliates, reach out to industry leaders and seriously, there’re a million ways.

What can you start with today?

There’s a lot more I can go into this topic but if you’re new to this concept, you have quite a bit of work to do now.

So go ahead, make some conscious shifts and start receiving money so you can make a much bigger difference in the world with your unique gifts.

About Arabelle Yee

Arabelle Yee is a former Clinical Psychotherapist turned Business Coach helping startup female entrepreneurs launch their business, package their gift and position themselves as the go-to person in their niche. She's worked with nearly a thousand people over her ten years of career with top global organisations coaching and training. She’s also frequently seen in entrepreneurial platforms giving how-to advice on business and mindset. She's also a Speaker, Adventurer and avid learner of Spirituality and Consciousness.

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3 Comments

  1. guthorna

    January 30, 2016 at 2:35 pm

    Thanks for the article.Really thank you! Really Great.

  2. Mona

    May 14, 2016 at 6:01 am

    very nice post, i certainly love this web site, carry on it

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