No one wants their income to be capped but sometimes it happens due to unseen issues. I am an entrepreneur and have been for thirteen years. Or rather, I’ve been trying to be one for thirteen years anyway. It’s only been in the last eight months or so that my success has really taken off.
I started to notice in the fall of 2020 that no matter what I did, my income seemed to be unable to grow beyond a certain amount. That was obviously frustrating and frankly, I had a pretty good idea of what was causing it.
I had been in debt for a good twenty years. As soon as I was old enough to get a credit card I did and that started a super unhealthy relationship with debt. I saw it as free money which is so not the case but when you’re young and foolish you believe a lot of silly things. Or at least I did.
My up and down relationship with debt and finances lasted well into my thirties and my ineptitude with managing my money caused a lot of serious issues. It’s all fun and games when you’re surviving but what happens when you get an unexpected cancer diagnosis and can’t keep your head above water anymore? Yep, that happened. It took us years to recover from that and the financial fear was worse than the cancer.
If you’ve made some really terrible choices with your finances then it’s possible that your brain is trying to protect you. What the heck does that mean? It means that when we go through trauma, (and yes, financial trauma is a real thing ~ creditors calling you and demanding you borrow money from your friends and family to pay a debt you can’t afford to cover is traumatizing), our brain and body stores that experience and does everything it can to prevent us from experiencing that level of anxiety again.
What that can look like is when you start to make more money you keep getting sick, or you keep self-sabotaging your efforts, or nothing works. It’s your body’s way of making sure you stay safe and okay. The way to make it stop is to a) forgive yourself for your past choices, b) let yourself deal with and feel the emotions surrounding it, c) make a plan for your finances that still allows for fun while taking responsibility in order to pay off your debts if you have any and build your wealth.
I have a financial guru coming into my Facebook community on January 7th to give all a step by step plan to do exactly this. She’s paid off over $60,000 of debt in the last three years while simultaneously building their savings account and having a fun budget. If you want to jump in on that then come and join my community right here.