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Shed Your Financial Fears: How Your Beliefs About Money May Be Holding You Back

Sun, 11/11/2012 - 8:50pm | by allisonmaslan

Did you inherit your parents' financial fears?

For instance, if one or both of your parents constantly complained about money and worried that they would not have enough, you may have developed a belief system that money is scarce and hard to come by. Therefore, you may hang on tight to your money, rarely take risks and stay in the mode of struggling and surviving.

When fears and anxieties wreak havoc, it's generally the 'fear of the unknown' that is the culprit. We often create scenarios in our minds that are so far fetched from reality, like "What if I lose all of my money," that we put ourselves through the misery of worrying for nothing.

I faced many challenges forging my way to success. A single mom at the time, I left a thriving career to start a new business, but too often, I found myself fretting "How will I pay my rent?  What if I don't get any clients?"

Already hanging on the strings of self-doubt, everyone around me was telling me to quit reaching for my dreams and be practical but I persisted. I banished all my monetary fears because I learned early on that dancing down this road of negative thinking only brought more negativity. So I practiced: I shifted these thoughts as soon as they crept into my consciousness, making them positive, plausible, even attainable, and now I have successfully grown nine businesses of my own.

The key is to flip any fearful thoughts, meaning 'think the exact opposite' before convince yourself something CAN'T be done.

For instance:

"It's such a struggle to make money. I'm so tired of living paycheck to paycheck."

Flip this to a positive statement such as:

"Money is available and my bank account is growing every day."

The fear of poverty was a huge motivator for me as I started out, because like most people, I enjoy the comforts of a nice home and freedom to live life to the fullest. I learned that money alone doesn't bring happiness, but utilizing it as a catalyst to create positive energy and freedom does.

One of the biggest cures for my financial anxiety was to take action. I knew starting out that there was nowhere for me to go but up. The more I put myself out into the world, the more my businesses grew.

I am also a big believer that the people we surround ourselves with and the environment in which we live mirror our self-worth and way of thinking.  The energy and emotion we carry regarding those beliefs will manifest the same energy into anything we do including, creating a new career. 

To start on the road to recovery, make a list of the negative beliefs you have about money, such as:

  • Money does not grow on trees.
  • Who do you think you are, Miss Moneybags?
  • Money is the root of all evil.
  • I'm not made of money!

Now that you have written those old thoughts down, think about how they have influenced the choices and behaviors in your career, relationship and personal fulfillment. You may think it only affects your bank account, but in reality, if you did not have those negative beliefs, you might have made very different choices in your past.

  • Have you chosen or stayed in a career you do not love because of your fear of money?
  • Have you stayed in a relationship because of your fear about money?
  • Have you stopped doing things you love because you are afraid you will be without funds?

I am not invalidating your choices; I am just suggesting you take an honest look and see how those beliefs have the power to affect your entire life.

Mind bending!

The good thing is that you can shift your money thinking. And this can be one of the most powerful steps in accessing an abundance of wealth. 

If you expect and know money is coming, you will hesitate less to take risks and put yourself out there. And the more you put yourself out into the world and take daily action toward your goals, the more opportunity you will find.

Think about it – you cannot find wealth sitting at home holding onto your nest egg. (Please do not confuse this with the idea that impulsive spending is a good practice.)

Like Mahatma Gandhi says, "Be the change you want to see in the world."

Gandhi believed in the power of our thoughts, beliefs and actions. What he is saying is, change starts within you, not outside of you.

Become the embodiment of what you want to see outwardly and your circumstances and your world will change for the better. If you want to change your world, it is not about fixing someone else or controlling an outer circumstance; the change begins within you.

Allison Maslan has been an entrepreneur for the past 25 years and has a vibrant array of 9 successful businesses to her credit. She is the author of "Blast Off, The Surefire Success Plan to Launch Your Dreams Into Reality" and Inventor of Blastation, ( web-based Goal Setting and Life Coaching software. Allison has also been a homeopathic physician for 15 years. Her adventure continues, living life to its fullest with her husband, Mike, and their three dogs. In her spare time, Allison loves to fly high on the trapeze and spend time with her daughter. For more information, visit


Photo by origami_potato

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