Are You a Money Slave?
March 11, 2010 by Karen Fagan ·
Imagine being empowered, clear, intentional, and living worry-free, in abundance around your money– always. Being conscious of your money increases your personal power. I have found a lot of people being slaves to their money – which essentially means that their money tells them what they can’t have – this is so disempowering.
People who are servants to their money say things like, “I would like to go out to eat with my friend for lunch (take a vacation, hire a coach, buy a new car) but I can’t afford it.” Their decision-making process comes from a place of lack, which means they create more lack in their life.
When people are servants to their money, it becomes really easy to make decisions that keep them in the servant role. They choose not to invest in themselves for fear there will not be enough. They start to avoid issues around their financial situation. They worry about money and let money tell them what they can’t have or can’t do. Their focus is on what they don’t have or can’t afford.
How we handle money is symbolic of our life. You may have heard the saying “How you do one thing is how you do everything.” This means that how you manage your money is how you manage your life. For example, if you don’t have enough money, you may frequently tell yourself that you don’t you have enough time. Another example would be how not knowing how much money is currently in your bank account translates to being unfocused when taking action towards creating your life vision. Avoiding taking responsibility with your money often turns into not taking responsibility for your life and the creation of your happiness.
I truly believe one of the biggest reasons people lack money is because they have tolerated a lack of it. The have tolerated less than a certain amount of dollars in their bank accounts, i.e. allowing unnecessary overdraft charges and late fees. When people are enslaved by their money, they are unconscious about how to attract more of it into their life. They avoid looking at bank account balance and opening bills, and they settle for less than they deserve.
A person who is empowered about money has the freedom to make decisions that are best for them, their families and business. They have financial freedom – their money tells them, “Yes! You can have, be or do whatever your heart desires!” They live in an abundant place and make decisions from there.
It is time to create a powerful shift regarding your money and finally step into the leadership role.
Below are 3 tips on how to Stop Being a Slave to Your Money and Step into Your Personal Power:
- Be Honest with Yourself
Be willing to change your attitude around your money and have honest dialogue with yourself. Your higher self would never say that it’s okay to deplete your accounts to a zero balance and go even lower with overdraft fees – neither should you. Be honest with where you currently are financially and raise the bar of what you will tolerate in your bank account. If you always go into the negative at the end of the month, decide not to tolerate it any more; decide to tolerate no lower than $100 in your checking account ever.
I have found that when people start to look at how they spend their money and decide to make changes they actually find more money. Look at all the places where you have money in your life and find ways to make more. Change your spending habits, leverage your talent to earn more profit or take action on plans to bring more money into your life.
Before you spend money ask yourself whether your purchase will add value to your life. Be honest and ask yourself whether you’re spending money to fill a void. Are you spending because you believe that you’ll never have enough so there’s no point – this is being a slave to your money.
Grab a piece of paper and make your Honest Money List. Write down the spending habits that are not serving you — the ones that are blocking you from obtaining prosperity. Then write down what you’re wiling to change. Be honest with yourself; make a commitment to be empowered with your money.
- Change Your Thoughts
Have you ever fantasized about all the things you could do if only you had enough money? Thoughts of abundance are key to attracting more money in your life. You’ve just got to learn how to master your inner money gremlin.
Your inner money gremlin is fear. It is self critical, it doubts, then it worries and goes right back to doubt. It thrives on lack and not having enough. The inner money gremlin chatter can be so loud that it can stop us dead in our tracks. It quickly leads you to believe that your life will always be in its current state of financial lack and chaos.Beginning to understand the limiting beliefs that you have about money results in your being able to take action toward financial abundance.
Some (completely false) limiting beliefs:
I just don’t know how to manage my money.
If I were really meant to be in this career, I wouldn’t be having so much trouble.
The economy is so bad; it’s just not the right time to pursue my dream.
Money is the root of all evil.
People with money have it so much easier than I do.
I’m in so much debt; this is really bad.It is time to begin to work through your limiting beliefs around money and become a master at managing them. Successful people have the same inner money gremlin. The difference is that they realize what the gremlin tells them is not relevant to who they are and the vision they hold for their life. Instead of focusing on their inner gremlin’s chatter, they focus on momentum towards their goals.
- Have Courage and Be Consciously Aware
Starting today, begin to believe that you deserve to be comfortable with your money. You no longer need to hold your head in shame because your bank account balance is less than you desire.
You do however need to be courageous and decide to raise your awareness. Decide that you will no longer let your bills have power over you. Instead, lead your money. The first step is to take an honest look at your current financial situation.
Start by opening all those bills that are stacked up and actually look at the statements. If you have handed your financial power over to someone else because you have felt you’re not good at handling money, schedule a time to meet with them to find out your financial status. Start to take your power back now.
To create lasting change you have to begin to know your money – one of the best ways to know your money is to take an honest look at it. It may be uncomfortable at first, but by making the commitment to doing so, you’ll find that you become more comfortable and feel more empowered. A higher level of confidence doesn’t come from having more money; it is developed through the process of taking courageous action and being more aware of what you have.
When you decide to change your relationship with money you will instantly feel a sense of freedom and hope. Money can only determine what you can do, be or have if you allow it to. When you begin to observe your money, fully believe you are worthy to receive more and get comfortable with it – it no longer holds power over you. The possibilities become endless.





