Is the Money Boogeyman Keeping You Awake At Night?


I define money anxiety as the illogical and even uncontrollable perceived fears about money and the lack thereof.

Growing up, “That’s a waste of money” is normally thrown around by my mom every time we wanted something new.

When my father lost his business, it became worse. My mother had this incessant fear about having no money.

Her paranoia trickled down to me. I passed on study abroad or leadership programs because I was overly concerned about the price tag.

It wasn’t until my early twenties when I saw Money differently. Whereas money used to be a source of problems and fears, money became a source of growth and opportunity. 

I saw money being a resource, a companion and partner even to having the freedom to take a break once in a while, have someone do things for me and pretty much enjoy my life.

Early this year, however, I was experiencing on and off dread and fear about money. I would find myself hyper-ventilating and waking up to heaviness to my chest, feeling as though an elephant was sitting on it.

I couldn’t make sense of it. I felt so crippled in fear that I was becoming indecisive. I was literally secure – there’s money in the bank and I had consistent income.

But the “money monsters” kept me awake at night. I was feeling very scared.

When a client brought up a similar issue, I asked her to define security and to make parameters around measuring that security.

Then, I did the same for me. When I got crystal clear on defining security and how to measure it, I felt the weight of the world lifted off my shoulders!

Money anxiety is modern materialization of the boogeyman for us adults.

It may be “unreal” to our mind and peripheral vision. But in our psyche, it’s as real as day.

Here is a guide on defining security and how to measure it –

1. Define security – in material, mental, spiritual form.

For example:

Material security – having more than enough money to cover my expenses and my spontaneous splurges

Mental security – having intellectual conversations and feeling good and complete.

Spiritual security – being heard and listening to what my inner guru says.

2. Set parameters around your security for measurement.

For example;

Material security – what is “more than enough”? How much do you need to see in the bank? How much do you need to receive consistently on a monthly basis?

Mental security – how often do you want to feel engaged? How often do you want to address your need to play and have fun?

Spiritual security – how do you know when you’re not listening to yourself? What do you do when you feel you’re ignore?

Try it and let us know in the comments!


Blessing of miracles,