When it comes to making money, most of us focus on the practical things we can do to boost our income – saving money on our bills, getting a promotion at work, or finding new ways to earn.
While these strategies are important, they often overlook the role that our own mindset plays in how much money we actually bring in.
In other words, many of us have “money blocks” – beliefs or mental patterns that keep us from being successful when it comes to finances.
This can be an odd concept to wrap your head around, because why wouldn’t you want to make more money and be more successful?
Yet we all have money blocks. No matter what level you’re at in your business and how much money you’re making currently.
This is why it’s so important to be aware of what money blocks are coming up for you, understand why you have them, and be able to break through them.
The universe is abundant and wants to give you everything you desire. However, there are often money blocks that stop you from achieving the abundance you deserve.
In this article, we'll take a look at:
What Is A Money Block?
A money block is basically anything that’s stopping you from making the money you want.
Money blocks are usually fears, self-limiting beliefs, or negative emotions that stand in the way of your financial success.
You may not even be aware they’re there.
In fact, most times, they’ll sabotage you in sneaky ways.
They’ll have you making choices that aren’t in the best interest of your business or your life.
For example, let’s say your launch isn’t going as well as you wanted it to. Instead of being persistent, you end up losing confidence and pulling back and hiding toward the end of your launch – losing sales and money in the process.
Another example is when people tell themselves that they’re not good at handling money or they’re not good at business.
This is one I had myself when I was first getting started. I didn’t think I was someone who could manage all of the moving pieces in a business and convinced myself to not start for years because of this belief.
Another way this shows up is by blaming things outside of you like the economy, that your clients can’t afford your service, or that you’re too busy.
Now, of course there are always external factors which may be impacting you. However, most of the times these are merely excuses to stay stuck and stay where you’re at.
Chances are, they, even if they’re based on reality, most of these are excuses and you’re using them as a “logical reason” to not move forward. This is another way money blocks show up in sneaky ways!
Because you can take action to overcome just about anything.
You can shift your business model when the economy changes and create a lower-priced offer.
You can create more passive income streams so that you don’t have to be as present in your business if you feel that you don’t have enough time.
You can take a course on how to start your business so that you feel more confident moving forward.
You always have choices. You always have power.
Money blocks, unfortunately, convince you that’s not the truth.
How Do Money Blocks Manifest?
There are many ways that money blocks can manifest in your life.
Some common ways include
- Procrastination
- Perfectionism
- Self-sabotage
- Self-defeating patterns
- Limiting beliefs about what’s possible
- Negative emotions
These blocks can prevent you from achieving your financial goals and living a prosperous life.
If you want to break free from your money blocks, it is important to become aware of the ways they’re showing up for you personally.
Only when you take stock and understand the impact of these blocks will you be able to move forward and free yourself of them.
How Do You Know If You Have Money Blocks?
If you find yourself struggling to achieve your financial goals, it is likely that you have some money blocks.
Other signs that you have money blocks include:
- Feeling stuck in a job you don’t like
- Not making as much money as you want
- Constantly worrying about money
- Having difficulty saving money
- Feeling like you’re never going to get ahead financially
- Losing confidence when you don’t make your financial goals
- Feeling like you have to sacrifice yourself or work harder to make the money you want
If you recognize any of these signs in your own life, it is time to start working on breaking through your money blocks.
What Causes Money Blocks?
There are many different causes of money blocks. Some common causes include:
- A traumatic event in your past
- Negative messages about money that you received growing up
- Limiting beliefs about yourself or the world
- Feelings of unworthiness or undeservingness
A traumatic event in your past
If you experienced a traumatic event in your past, it is possible that this event has created a money block.
Traumatic events can include things like losing a job, going through a divorce, or experiencing a natural disaster.
These events can create feelings of fear, insecurity, and unworthiness that can prevent you from achieving financial success.
Negative messages about money that you received growing up
Many people are raised with negative messages about money, like “money is hard to come by” or “money doesn’t grow on trees”.
If your family had beliefs like this, it’s very likely that these messages have created money blocks.
For example, if your parents told you that money is the root of all evil, you may believe that you are not worthy of financial abundance or that if you achieve financial success something horrible will happen.
Feelings of unworthiness or undeservingness
Many people feel unworthy of making more money. They feel as though they have to be or do more in order to earn being worthy of it. This can be a major source of money blocks.
Yet we are all worthy of abundance just by nature of being alive.
You don’t have to earn worthiness. You just have to claim it!
Unfortunately, this belief can prevent you from taking the actions necessary to achieve your financial goals.
It can cause you to doubt yourself and lose confidence.
Why Do People Have Money Blocks?
The main reason people have money blocks is that they believe deep down that it’s not safe to make more money.
They believe on some level that something bad will happen if they create more money in their lives.
Examples of this include:
- I’ll get taxed more
- People will take advantage of me
- I’ll have to work harder
- People will hate me
- I’ll lose connection with my partner or children
- I’ll lose it all
- I’ll be super stressed out
- People will want something from me all the time
All of these beliefs stem from a deep-seated fear that it is not safe to have more money.
This fear can make you prioritize safety and security above all else.
It can prevent you from making key decisions in your business, like investing in yourself, going after new opportunities, or even trying out new programs or strategies when you’re unsure if they’ll succeed.
As an entrepreneur, you have to embody the power to take risks and go out on a limb. But when you’re stuck with money blocks, you’ll always end up taking the safe path instead. And this inevitably limits your ability to make more money.
However, until you shift these money blocks, your brain will convince you that you’re in danger if you try to make more money.
And here’s the kicker – your brain isn’t going to let you achieve something that it thinks will harm you.
This is why shifting your money mindset and your beliefs about money is so important.
Common Money Blocks
1. Lack of belief
If you don’t believe that you deserve abundance or that it’s possible for you to have it, then you won’t receive it.
This can be related to a feeling of unworthiness or a lack of confidence in yourself.
It can also be due to traumatic experiences which you’re taking as proof that you can’t trust things to be abundant.
Change your mindset to one of belief and watch your abundance flow.
2. Fear
Fear of failure, fear of success, or fear of change can all prevent you from achieving abundance.
You’ll find yourself holding back and not knowing why.
Procrastinating. Taking more time to perfect your programs. Quitting a new project when it’s 80% done.
Release your fears and allow yourself to receive all the good that’s coming to you.
3. Lack of action
In order to manifest abundance, you must take action toward your goals.
Many people think that if they just work on envisioning the life and business they want, that it will happen.
Unfortunately, that’s not true. You have to take action.
If you’re not working towards something, you won’t receive it.
However, when you take action from a place of alignment those actions feel fun, invigorating, and exciting.
4. Limited thinking
If you believe that abundance is limited, then it will be. Yet the universe is infinite – and so are you.
When you change your mindset to one of unlimited abundance and watch your life change for the better.
5. Negative Self-Talk
If you’re constantly putting yourself down, you won’t attract good things into your life.
You are what you tell yourself you are.
So if you tell yourself you’re no good at business, that making money is hard for you, or that you’ll never succeed – those things become your truths.
Change your self-talk to something positive and affirming.
6. Negative Emotions Towards Others
If you have negative emotions towards others, it will prevent you from achieving abundance.
Release your anger, resentment, and jealousy, and allow yourself to receive all the good that’s coming to you.
This is not to say that you ignore mistreatment or you push down your feelings. The key is to listen to your feelings, give them a voice, and then not get stuck living inside of them.
7. Avoidance
If you’re avoiding your finances or your goals, you won’t achieve them.
Many entrepreneurs try to avoid looking at their numbers any way they can.
They don’t want to know their outgoings or their revenue vs profit. And they avoid knowing metrics like cost per lead.
Yet this is the data that allows you to know you’re on the right path in your business. It gives you hard data that supports your abundance or your need to make adjustments.
You have to stop avoiding the nitty gritty reality of your finances.
8. Not Asking For Or Allowing Help
We all need help sometimes.
If you’re not asking for help when you need it, you’re not allowing abundance to flow into your life.
The universe is there waiting for you to ask for help. It wants to rush in with assistance and support.
But you have to ask! You have to be willing to let down your walls and allow other people to support you.
Recently I had a client experience this when someone gifted her $1000. She almost said “no, that’s too generous” and then she realized that the universe was giving her exactly what she had asked for. She stopped fighting it and allowed someone to help instead!
9. Worshiping Money
If you put money above all else, it will prevent you from achieving abundance.
Money is just a tool and it should be used as such.
Abundance refers to the richness in your life that you’ll achieve with the money that you earn (not the money itself!).
So what’s the money for? How do you want to feel? What does it actually achieve in your life?
10. Hoarding Money
If you hoard your money, you’re not allowing it to circulate and do its job.
Energy wants to be circulated.
Think of it this way, what happens when you hoard your happiness and you keep it to yourself?
Does it grow? Or does it diminish?
The more you share your happiness, the more you spread it around, the more you invest it in things that matter (like your family) the bigger and bigger it grows.
The same is true about money.
Spend your money wisely and don’t be afraid to invest in yourself and others.
11. Low Expectations or Settling
If you have low expectations or settle for less than you deserve, you won’t achieve abundance.
The reason is that settling and having low expectations shows that you feel that you can’t trust abundance. That you don’t expect great things in your life. And that you’re filled with doubt.
Raise your standards and start expecting good things to come your way.
12. Not Being Grateful
If you’re not grateful for what you have, you won’t attract more good into your life.
I remember a client who told me that she just wanted a home for her and her children. I asked her where she was living and she told me that they had been living in a great Airbnb for the past month while between homes. I helped her see that she already had a home and had been asking for what she already had! Once she shifted her perspective and became grateful for what she had she was able to manifest what she really wanted – a permanent home!
Be thankful for everything you have, no matter how big or small.
13. Not Having Clear Goals
If you don’t have clear goals, you won’t achieve them.
So many entrepreneurs don’t have a vision or a goal for their business or their income.
They float through thinking “I want to make more money”. But what does that really mean?
“More money” could mean $100 or $10,000.
Get clear on what you want and take action towards your goals.
14. Not Taking Responsibility
If you don’t take responsibility for your life, you won’t be able to change it.
Accept that you are in control of your life and take responsibility for your actions.
One of the first, and most important steps, in changing your Money Mindset is to decide that you want to do it and make a commitment to yourself.
15. Negative Beliefs About Money or Rich People
If you have negative beliefs about money or rich people, it will prevent you from achieving abundance.
Think about it, who would want to become wealthy if that means becoming a “money hungry monster” or a “greedy selfish d!ck”?
No one.
Yet as we’ve discussed, your brain isn’t going to allow you to achieve what it thinks is going to hurt you.
So you have to change your beliefs about money and rich people to start attracting wealth into your life.
As you can see, there are many money blocks that can prevent you from achieving abundance.
How Do You Break Through Money Blocks?
If you want to break free from your money blocks, it is important to become aware of the ways they are manifesting in your life.
The first step to breaking free from your money blocks is to become aware of them.
Once you’re aware of your patterns, you can start to change them.
Here are a few things you can do to begin to work through your money blocks:
- Become aware of them
- Identifying the root cause of your money blocks
- Challenge your negative beliefs about money
- Work on building your self-worth
- Identify your beliefs about money
- Forgive Yourself, others, and money
- Get real about money
- Create new money beliefs
- Get Help
- Affirm positive beliefs about money
If you’re ready to break free from your money blocks and live a prosperous life, I’m about to begin my Empowering Wealth Mindset Course.
Together, we can create the abundant life you deserve.
So what’s stopping you?
Money blocks can have a serious impact on our lives, both in the short and long run.
It’s time to break free of them and start creating the life you want.
