What are Money Mindset Blocks?

What are money mindset blocks M

oney mindset blocks are those things that stop you from being able to see, feel and trust money. They are the things that prevent you from being able to trust yourself, let alone anyone else. These money mindset blocks can hold you back in your life and keep you stuck in a job that doesn’t pay well, an apartment that is too small, and relationships with people who drain you of energy instead of filling your tank. These are the things we all have inside us. We all have our versions of these money blocks, which is why some people never seem to be able to get ahead financially or even have enough for their next car payment or gas bill. If something stops you from having financial abundance, it’s probably because of one of these money mindset blocks.

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Table of Contents

Fear of risk and change.

Some people are just risk-averse by nature. If there’s a chance that something might go wrong, they won’t do it. They might be holding on to a job that doesn’t pay well because they don’t dare risk leaving it and not finding another one. They might even be in a bad relationship because they don’t dare to walk away from the situation. Some people have a belief that their position is terrible but that they can’t do anything to change it, no matter how much they might want to. If you’ve been in one job too long, you might have told yourself that you don’t have the skills to do anything else. If you’ve been in one apartment too long, you might have convinced yourself that you can’t move to a better place. If you’ve been in one relationship too long, you might have told yourself that you don’t have the skill or ability to meet someone new.

The belief that you’re not worthy of abundance.

This is a prevalent one. People who were abused as children often have this money block. If you were told, even once, that you aren’t worthy, you might have a tough time believing that you are worthy of anything good. If you were abused as a child and you’re an adult now, you might not even be aware of it, but it might be holding you back from financial abundance. So if you were abused as a child and have a money block from those experiences, you can heal it and release it from yourself. You can do this by talking to a therapist or a hypnotherapist. You can also do it by journaling.

Lack of confidence in your worth.

This is related to the belief that you aren’t worthy of abundance. If you don’t believe that you’re worth anything, you might not feel comfortable asking for what you want. You might find it hard to stand up for yourself when you need something, even something reasonable, like a raise. You might be the one who always lets others take advantage of you.

Lack of faith in your ability to manifest what you want.

This is related to the belief that you can’t succeed at achieving abundance. If you don’t believe that you can create the life you want, then it won’t matter how much confidence or faith you have in your ability to create what you want; if it doesn’t feel possible, it won’t happen.

Lack of knowledge about how money works.

If you don’t understand a budget or credit report, you might find it hard to get ahead financially. You might end up getting yourself into financial trouble. You might spend more money than you make. You might be the one who can’t pay your bills on time. If you don’t understand a budget, you might not even know you’re spending too much money. You might be tempted to spend money that you don’t have. And you might not know how to fix these money issues.

Fear of Financial Uncertainty

Some people can’t deal with not knowing how much money they’ll have at the end of the month. If you’re someone who has a fear of financial uncertainty, you might not be able to take a job that pays well but doesn’t have benefits. You might hold out for the job with perfect gifts, even though it pays less. Some people with this fear might be afraid of making choices that might lead to financial instability. If you’re one of these people, you might be unable to make a big move, like moving to another city or another part of the same city. You might also be reluctant to make significant changes in your life, like quitting a job or ending a relationship. You might be afraid you won’t have enough money to get by if you make significant changes.

The belief that money is the Root of All Evil

This goes along with feelings of shame around your financial history. If you feel ashamed because you come from a poor or low-income family, you might feel that money is evil. If you grew up in a family where money was a significant source of stress, you might feel that money is bad. If you were raised in a family where money was used as a weapon or to control other people, you might feel that money is evil. If you were raised in a family where money was spent on partying, drinking, gambling, and other bad habits, you might feel that money is evil. If you think that money is the root of all evil, you might not even be able to think about it without feeling sick. You might even be afraid to take a job that pays well but doesn’t have great benefits. All the bad feelings about money might keep you stuck in a position that doesn’t pay well or living in a place that isn’t good for you.

A Feeling of Shame Around Your Financial History

One of the biggest challenges many faces when managing their money is feeling ashamed of their past financial history. This can be a hard block to break because it’s hard to reflect on your past and feel positive emotions towards it. However, the reality is that you have many good things in your financial history that you can be proud of.

You can deal with this shame around your financial history in many different ways. One way is to start looking at all the positive aspects of your past, including all the things you’ve done right. Another way is to start taking action by making a plan for how you will improve your finances in the future. Whatever path you choose, know there’s no reason for shame when it comes down to it. You did the best you could with what you had at the time, and that’s something that should always be respected.

Limiting Beliefs About Money

Some people have a few specific limiting beliefs about money. They might think that money is hard to earn, for example. They might think that debt is unavoidable. They might think that savings accounts are a scam. If you have a few of these beliefs, they might not affect your finances very much. But if you have a lot of them, they might keep you from being able to save money and get out of debt. Money is something that most of us think about often. It’s hard to avoid it altogether. If you’re having trouble with your finances, you might be holding on to some of these beliefs. You might need to shift some of them so that you can live the life you want.

Fear of failure and rejection in business.

These are two different blocks that often go together. This is the fear of what people will think of you if you start a business. After all, you are putting yourself out there in a very public way. You are showing your ideas, product, or services to the world. This fear of failure can make you play it extra safe and not push yourself out there to make your mark. You can end up playing small and staying in a job that doesn’t challenge or make you grow or even a job that you don’t like because you are living in fear. And when you are living in fear, you are not living.

Fear of not having enough money

This is probably one of the giant blocks to having enough money. You have this fear that you don’t have enough money. You fear that you will never have enough of it. And you fear you will run out of it before retiring. Because you fear you don’t have enough money, you may live a little life. You may live in a small apartment or rent a small house. You may be driving a cheap car that is falling apart. You may be living paycheck to paycheck. You may be working a job that doesn’t pay you what you are worth. You may be in a relationship with someone unsuitable for you. You may not be able to travel. You may not be able to send your kids to the best schools.

“Poor Me” mentality where your focus is on what you don’t have or what others have that you don’t have

Poor me. This mentality is one of the most common money mindset blocks. It means that you focus on what you don’t have instead of what you do have. You see yourself as a victim and feel sorry for yourself because of your circumstances. You see other people as having more than you and envy them.

One of the biggest problems with this mindset is that it makes you feel like a victim and powerless to change anything. It also leads to feelings of worthlessness and apathy, making it very hard to motivate yourself to work towards financial goals.

This kind of thinking can lead to bad decisions like delaying or canceling something you want to buy. After all, you are too worried about how much it will cost or pay more than you should because you keep thinking there must be something cheaper elsewhere.

“I’m not good enough” mindset.

It’s one of the most common money blocks people face and manifests in several ways. It can be a subtle feeling that you’re not good enough to have or do something or a more overt sense that you aren’t worth the money you’re spending. Either way, the underlying message is that you don’t deserve to have or do what you want because you don’t earn it. This can significantly impact your financial goals and your self-confidence and sense of value.

It’s important to realize that this mindset is entirely self-created, and there’s no right or wrong way to think about yourself and your goals. For example, you are always worthy of love and respect, regardless of your financial situation. And while there may be some things you can’t afford right now, there are plenty of ways to earn the money you need by creating value for others and earning an income.

Final Thoughts on What are Money Mindset Blocks?

If you’re struggling with your finances, it might be because you have one of these money mindset blocks. Some of these are easy to fix. You can talk to a therapist or a hypnotherapist or journal your way through them. You can even take a class in personal finance. The sooner you can clear these money blocks out of your way, the sooner you can start enjoying financial abundance.

Do you want to learn more about “What are Money Mindset Blocks?” Check out Building a Wealth Mindset: The Ultimate Guide.

Also, check out the Best Books on Personal Finance.

James Gheen

James is the editor-in-chief at wealthmindsetschool.com. James is a workaholic and an entrepreneur who has been in the tech industry for over ten years. He has worked with Microsoft, owns multiple websites, and now owns a mattress shop. Furthermore, when he has time left over, he will be in his woodworking shop building furniture as a side hustle. James has a B.S. in Business Management Information Systems and a Master’s in Business Administration from Liberty University. He is currently pursuing a Master’s in Executive Leadership, and once he completes that, he will pursue his Ph.D. in Business Administration – Entrepreneurship. James also seeks investment opportunities, putting his money to work instead of himself. James is an active believer that wealth begins with developing a wealth mindset. He now teaches, instructs, and helps others achieve that goal.

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