Apr 28

Apr 28 Episode 65: The Fear of Spending and Losing Money

With a fear of money, it becomes impossible for us to think creatively and make decisions. The more scared we are of spending money, the more difficult it becomes to be rational about our spending. Most of us have no problem saving up money to achieve our goals, but we often become afraid of spending that money.

In today’s podcast I do a live class explaining why we feel unsafe when spending money and why spending money is important and how our money traumas have shaped our beliefs around money. When we feel safer spending, we're more anchored, less likely to feel scared, and make our finances worse. This is why it’s important to heal from past money traumas that have been holding us back.

Join the conversation with me, your host Vangile Makwakwa, as I share more about the fear of spending and losing money to provide you with tools to create a path to your financial freedom by taking all your fears off the table.

Tune in!

Click play on the video below to watch.

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During this episode, you will learn about;

[00:01] Introduction to the show

[02:03] India as a place where I battled with ego death

[03:51] Doing the inner work around money

[04:57] The vow of visibility and what it encompasses

[06:55] Vangile abandonment trauma experience at four years

[11:42] How trauma is formed and how it shapes our life memories and moment

[12:41] Why inner child trauma has everything to do with money

[14:01] Why your subconscious will always honor your vows to keep you safe

[16:26] Vangile acupuncture experience and why you cannot shortcut healing

[21:01] The fear around spending money and not losing money

[23:37] A resourceful blog post on; why making more money won’t heal your financial issues

[26:39] The opportunity cost around the fear of spending

[32:07] The downside of operating from a belief that money will run out

[36:53] How to join the Wealthy Money master class

[39:51] Ending the show and call to actions

Notable Quotes

True financial freedom is when we can make money make money for us
It’s very important to forgive ourselves for our financial mistakes
You can only attract that which you are
If you’re taking from money without replenishing it, it will eventually run out
The more scared we are around money, the more impossible it becomes for us to think creatively about money.
The most important thing is not to have money in our bank account; it’s to have money work for us.
The safer you feel, the more anchored in emergencies and the less likely you’re to create debt.