Business Bite - How to Remove Money Stress

Season 2, Episode 6,  Oct 20, 01:00 AM

In this episode, we have learned that financial fears are the scariest fears for many of us. I’ve found that pretty much anyone can overcome their money fears – if they’re armed with the proper techniques.

𝐂𝐇𝐀𝐏𝐓𝐄𝐑 𝟐 – 𝐒𝐓𝐑𝐄𝐒𝐒 𝐋𝐄𝐒𝐒
𝐌𝐨𝐧𝐞𝐲, 𝐌𝐨𝐧𝐞𝐲, 𝐌𝐨𝐧𝐞𝐲

Money. We all need money. And to be honest, we all want more money. Thus, it can be difficult not to become stressed worrying about having enough money.Β 

Financial fears are the scariest fears for many of us. The roots of money fear often extend back to our childhood.Β 

Throughout my career, I worked hard to set myself up so that now I’m in a position I could comfortably retire without diminishing my lifestyle. I now work because I choose to do something I love.Β 

Unfortunately, many women in Australia aren’t in the same position for a variety of reasons. Divorce is a big factor, so is a low-paying job or running a business that doesn’t pay the bills.

The Background Paper on Older Women’s Risk of Homelessness by the Australian Human Rights Commission in 2016 sadly highlights the fact that the number of older homeless women in Australia increased by over 30% between 2011 and 2016 to nearly 7,000. This crisis is very real. Rather than living rough, homeless women typically stay with friends or family, live in their car or in severely crowded dwellings, or are physically β€˜hiding’.Β 
With increasing statistics such as this, it is right to pay attention to your money, to plan for the future, but not to fear it.Β 

I’ve found that pretty much anyone can overcome their money fears – if they’re armed with the proper techniques.Β 

Start by asking yourself exactly what you are afraid of and share those fears with a person you trust. Learn to always be kind to yourself. Be grateful for what you do have. Trust me, there is always someone worse off. Focussing on ways to serving others will lead to forgetting your own fears.

Be generous. I’ve found that when I focus on giving, the universe gives back in an even bigger way.