Have you had enough? Are you ready to finally stop stressing about money? You’ve come to the right place.
Money is stressful, and it creeps into every part of your life. Then the next thing you know, you’re stressed out, worrying all the time, and not sleeping.
For many of us, we are stressed about money and our jobs our entire adult lives. We get stuck in this cycle of being broke and not knowing how to deal with financial stress.
But then one day you wake up and realize it doesn’t have to be this way. Maybe you want more out of your career and life than simply the basics.
You have the power to stop stressing about money for good! Here are 7 steps to take to change your financial situation from basic to beyond amazing.
1. Stop trying to be in control
The story we tell ourselves about money is usually a good place to start when you’re trying to stop worrying about money. Maybe you have all the right credentials, experience, and connections.
So why are you still so unhappy and stuck financially?
It might be because you’ve been doing the same things over and over and not getting the results you want. It’s time to give up control and try something new.
Instead of letting money be part of the problem, relinquish your control and do something you’ve never done before. Let your money tell you what to do, instead of constantly trying to control everything.
The tighter your grip, the more that slips through your fingers. It’s time to be a problem solver and someone who embraces curiosity and wonder!
2. Give yourself some tough love
If you’re truly ready to stop stressing about money, it’s time to give yourself some tough love. The decisions you made (or that you and your spouse made together) are the ones that led you here.
Success or fail, it’s all on you!
No one else is to be blamed for your financial mistakes or choices about money. If you wish you had more money, go out and start making more. Negotiate a raise. Invest in a business coach.
Apply for another job. Offer a new service.
Stop being frustrated about not getting results, and start doing something to get them.
Don’t like the path you’ve chosen? Change it. Tell your boss you’re quitting. Tell your spouse you’re going to work with a financial advisor.
Only you can take action and change your life!
3. Treat money like energy
Money is energy. It’s meant to be spent, saved, and given away. It flows from you to others, and from other people to you. If you hoard it all for yourself, you’re choking out two-thirds of what money was created to do.
And then money doesn’t have a chance to live up to its true purpose.
Once I let go of the illusion that I was control of my money, and let it start telling me what to do, things started changing for the better, rapidly! I received daily financial opportunities in my inbox.
I connected with amazing people who wanted to hire me (a few who lived just a couple miles away).
In other words, when you treat money like energy you’ll find the answers you’re looking for and no longer feel confused about the future.
“Give freely and become more wealthy; be stingy and lose everything.” — Proverbs
4. Challenge your money story
Another really important part of how to stop stressing out about money is to change your mindset. This seems like simple advice, but from personal experience, it can be really difficult.
After reading You Are a Badass At Making Money, I had to face some hard truths. The money story I’d been telling myself all these years was wrong. It was holding me back from truly being wealthy and having a healthy relationship with my finances.
So I changed it, and you can too!
In this book, the author shares specific ways to change your mindset and come up with new money mantras. You may not believe yourself at first, which is why you have to keep repeating the same things over and over.
And after a while, you’ll actually start believing that that bank accounts really are overflowing with money and that you are earning six figures every month.
Once you learn to overcome your wrong money beliefs and create new money stories, all of your big financial goals will actually start coming true!
5. Get really specific with the numbers
What are your business goals? Get really specific with them. Don’t just ask for more opportunities or more clients. You’ll likely end up with a mess of spammy emails in your inbox or clients who have low budgets.
You want ideal high-paying clients who align with your values. You want opportunities to work with brands that you love and that compensate you well for your contribution.
You wouldn’t ask your parents to loan you money for your business without telling them the exact number. You wouldn’t ask your boss for a raise without quoting him a new salary.
Why are you asking the universe to make you rich without being specific with the numbers?
Start repeating these numbers over and over to yourself every day. Get REALLY specific with your money mantras and don’t be afraid to invest in yourself.
6. Know your why (and never let it go)
Now it’s time to drill down your financial goals. What do you want to accomplish in the next year or two?
Paint a clear picture of everything you want — from the decor of your new house, to what a month’s budget will look like when you make six figures.
This is all part of knowing my “why” which helped me find clarity about my motivation for saving money.
Focus on the “why” not so much the “how”.
A lot of financial experts advise that you create a plan for how you’re going to save money by reverse-engineering your finances.
For example, let’s say you wan to get out of debt. When do you want to be debt free? Divide your debt payments with how many months, or years, until that date.
This can be a good strategy, at times, but it puts limits on your money. You can easily get tunnel-visioned and may miss out on the hundreds of other opportunities, or ways to pay off debt that are right in front of you.
7. Just do it: stop stressing about money
Just do it! Be positive and believe that you can change your financial situation. In other words, stop standing in your own way with money.
If you’re ready to stop stressing about money, give one of these tips a try. As someone who’s been where you’re at, and still struggles with worrying about money, I have proven that these ideas really do work.
You just have to be willing to challenge what you already know about money, and change your mindset moving forward.
Remember: you are simply money’s best friend, not its boss.
Free: Debt Workbook & Budget Templates
Get the free debt workbook, with the expense and income worksheet, so you can master your debt for good! It comes with a bonus self-employed budgeting template!