Once you've recognized that you have a problem, it's time to understand the root of the problem. In many cases, the root of the problem is emotional.
For example, if you grew up in a household where money was always tight, then you may have developed an emotional attachment to money that's causing you to worry about it constantly.
Don't eat too much, I don't have money to buy it again
1. Recognize that your relationship with money is dysfunctional
The first step is to realize that your relationship with money is not healthy. Just like any other toxic relationship, a dysfunctional relationship with money can cause immense emotional pain and suffering.
2. Acknowledge that you deserve better
You deserve to be in a healthy, loving, and supportive relationship with money. You are worthy of abundance, prosperity, and financial security.
3. Set boundaries with money
It's time to set some boundaries with money. Just like any other relationship, you need to establish guidelines and limits in order to create a healthy dynamic.
4. Seek professional help
If you feel like you can't break the cycle on your own, it's okay to seek professional help. Working with a therapist or financial coach can be incredibly helpful in breaking the trauma bond with money.
5. Get clear about your trauma - The first step to healing your trauma bond with money is to get clear about what happened. What were the events or circumstances that led to you forming a trauma bond with money? Once you have a clear understanding of what happened, you can start to work on forgiving yourself and moving forward.
6. Forgive yourself - A big part of healing your trauma bond with money is forgiving yourself. It’s important to remember that you are not responsible for the trauma that you experienced. You did not deserve it and it is not your fault. Forgiving yourself will help you to move on and start rebuilding your relationship with money.
7. Rebuild your relationship with money - The final step to healing your trauma bond with money is to rebuild your relationship with it. This means learning to love and respect money again. Start by setting some goals and working towards them. Build up your savings so you have a cushion to fall back on in case of emergencies. Make wise financial decisions so you can start enjoying the fruits of your hard work.
8. You don't invest in yourself
One of the biggest ways you block more money is by not investing in yourself. If you're not continually learning and growing, you're not going to be able to command higher salaries or fees.
9. You're afraid to take risks
Another way you block more money is by being afraid to take risks. If you're too risk-averse, you'll never make the big leaps that lead to greater rewards.
10. You don't value your time
If you don't value your time, you'll never be able to charge what you're really worth. Time is one of the most precious commodities we have, so start valuing it accordingly.
11. You're not using your time wisely
Time is one of the most precious commodities anyone has. And yet, so many people waste it watching TV, browsing the internet, or sleeping. If you want to make more money, you need to use your time wisely and focus on activities that will help you reach your goals.
12. You're not networking
Networking is one of the most important things you can do if you want to make more money. By meeting new people and building relationships, you'll open yourself up to new opportunities that can help you reach your financial goals.
13. Not having a budget - Without a budget, it's difficult to track your expenses and make informed decisions about your spending. A budget will help you make the most of your money and get closer to your financial goals.
14. Not knowing your credit score - Your credit score is one of the most important factors in determining your financial health. It's important to know where you stand so you can make the necessary improvements.
15. Keeping all your eggs in one basket - Diversifying your investments is one of the smartest things you can do for your finances. By spreading your money around, you'll minimize your risk and maximize your potential for growth.