Financial Pain, Emotional Shame, Guilt or Anger – Signs of a Pinched Money Nerve
What Triggers Your Money Nerve? People are wonderfully diverse, and each of us has grown up with a unique set of life circumstances, which results in a slightly different version of money, how to use it, and how money nerves differ. What triggers your money nerve?
Here are two extreme examples of how money nerves differ in different people. Some people get a big chunk of money, and since it was “free” — the sky is the limit, and they spend every last penny. You’ve heard the song, “Don’t worry. Be happy!” This living for today’s spirit is excellent, as long as the money lasts. Other people may get the same amount of cash and worry others may take advantage of them, be jealous, or fear the uncertain future. They deny themselves any frivolous spending because they are are only happy when they see their bank account rise. People with this mindset refuse to take vacations and need money as protection against all future or unknown catastrophes. Interesting! How can two people be offered exactly the same amount of money and have such opposite reactions? It is a great example of how money nerves differ.
What is Your Comfort Level?
We all have different needs. Because most of us fall between these two extremes, we each have a different level of emotional and financial tolerance for us to be comfortable.
Are you a spender or a saver?
Do you live for a fabulous dream vacation each year, or does the thought of spending thousands on a trip to the beach cause a headache?
Do you give to charities or prefer to volunteer?
Are you saving all your money to leave for the family when you die, or do you prefer to give financial aid when needed?
Do you give out of fear – do you worry if people will like you better when you spend money on them, or do you save out to create a better life for the future?
Do you always plan ahead, or do you feel lucky in that “life” will provide?
Begin to Explore and Question
Explore your past. This history is your story. No shame or blame! Examine what money habits are working for you or against you.
Are these automatic habits and learned family beliefs serving today? Past money habits that make you fearful, ashamed, nervous, or anxious need to be explored. By exploring, knowing the “why” behind some of your choices can often uncover emotional forces that can be influential. You want to make intentional choices that bring happiness, peace of mind, and build your fiscal confidence. Therefore your new habits and actions will influence the life you want to pursue. You may have a different reaction to a windfall as you reprioritize you financial goals. Money nerves can differ as walk through life.
You can question all the options when you are faced with money decisions. Knowing that your Money Nerve is an emotional, knee-jerk reaction to financial situations, let’s take a moment to face underlying financial fears and take the first step to create a healthy relationship with money. Almost every decision you make each day impacts your bottom line for good or bad. Let’s face it – money is as much a daily relationship as food is!
Face Your Current Situation to Move Forward
Embrace where you come from, but be prepared to take responsibility for your current situation. Did you make a massive purchase with a credit card without knowing the monthly effect it would have on your life? Does your spouse have the same money nerve as you? Does your spouse differ in how they spend or save money? Money Nerves differ! Have you been saving $10 a week and later realized that a small amount deposited can become a $5,000 savings account? It is time to make adjustments in managing your salary, setting priorities for your personal life, and revising your mental attitude. When you reset your “mental GPS,” you know exactly where you are and can create a practical path for reaching your new goals or destination. You will make conscious, intentional choices, worry less about money, and create financial freedom for you and your family! Learn more here: https://themoneynerve.com/what-is-a-money-nerve/