Feeling Overwhelmed By Money?

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Are You Tired of Feeling Overwhelmed By Money?

Inside this episode, we’re talking about why money causes stress, if money can actually lead to happiness and what you can and must do to see a change if you’re overwhelmed about money. So let’s do this!

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Resources Mentioned:

Sponsorship – https://aimeecerka.com/action
Debt Payoff Strategies Podcast – Ep. 07 – https://aimeecerka.com/07

Instagram – https://instagram.com/aimeecerka/
Work With Aimee – https://workwithaimee.com

Podcast Key Points

0:00 – Episode Overview
1:34 – Why Are You Stressed Over Money
6:59 – Can Money Create Happiness
8:39 – Getting Into Action When Overwhelmed
9:25 – Episode Sponsorship – 14 Day Money Mastery Action Plan
11:30 – Challenge – Grab The Action Plan

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*Please forgive any typos – transcription is provided via Otter.ai

Feeling Overwhelmed By Money? – Read It

Are you tired of feeling overwhelmed by money? Inside this episode, we’re talking about why money causes stress, if money can actually lead to happiness, and what you can and must do to see a change if you’re overwhelmed by money. So let’s do this.

Welcome to the Your Money Your Life podcast. I’m your host, Aimee Cerka. After over 10 years in the personal finance industry and multiple personal financial and medical crises, I was fed up with the lies or being shouted from the rooftops by the gurus and the media. So now I’ll help you, the ambitious woman, step into unstoppable finances.

When you step into unstoppable finances, you create financial abundance that aligns with your personal values and goals. Without working 80 plus work weeks, without pinching pennies, without worrying how you’ll handle the next curveball life throws your way. And as simple to the point kind of way, being married, having four kids at home homeschooling, being a CEO, running the household, I’m kind of busy, and I know that you are too.

So here, we get straight to the point. If you’re ready to eliminate fear, stress, struggle, frustration, and guilt from your finances and all the areas they affect, you’re in the right place. Welcome. I’m so glad you’re here.

Welcome back to another episode of the Your Money, Your life podcast. Welcome to 2023. You’ve made it. We’re talking today about if you’re feeling overwhelmed by money, and if you’re tired of feeling overwhelmed by money. This is going to be very timely, because we know so many people set resolutions.

Why Money Causes Stress

Those can be great, but they don’t always work. But I think this episode is really going to help you out, especially if you are looking to make a change this year around your money. So let’s talk.

Why are you feeling overwhelmed by money? A lot of it has to do with the feeling of stress that comes up. Okay. So let’s talk about like why money causes stress. Okay, because if we can remove the stress, then the overwhelm doesn’t happen as much.

Because we get overwhelmed because of the stress that causes that comes from money. Right? Makes sense.

So why does money cause stress? We approach money, we think that we just approach money from this logical space. Money is not logical. I mean, it is that it’s pretty simple. And I’ve said before, it’s not rocket science. It’s pretty simple.

But the thing is the the core, and the thing that really matters behind money is emotional. And we’ll say mental, it’s really mindset around money, how we approach things. But the emotional aspect that comes into play with your finances is so key.

I was in a Facebook group the other day, there was somebody that was posting and looking for advice. She was in the middle of getting a divorce, and her and her spouse, they decided that they were splitting the debt. She was getting a lump sum from her, I guess soon to be ex-spouse for his half of the debt.

And I think it was like 32,000, I think they had 64,000, roughly altogether. So she was getting a lump sum of 32,000. And she was asking, what was the best thing to do with it. And everybody was giving her logical answers about how to approach the debt payoff situation, the thing that they weren’t thinking about is the emotional side of it.

And what is important to you, which kind of brings me to the next point of why money causes stress is because there’s such a pressure behind it. There’s a high pressure like you have to get this figured out, or your family or yourself like you’re going to suffer your core needs of you know, shelter, food, water secure that security is directly correlated to figuring out the money thing, right?

So there’s all this pressure behind it. This is emotional behind it, we have to really realize that, you know, we’re not taught this in schools growing up. I mean, we were taught how to balance a checkbook in high school. So like, yeah, okay, I know that but how many people are actually balancing checkbooks?

Now I actually do write checks on a weekly basis, which is a story for another day. There’s a new message on Instagram, we can talk about that. But the fact that it’s emotional, this isn’t just this logical thing that we do. There’s all this pressure behind it to get it figured out.

But we weren’t taught this.

And then what your parents taught you, they’re doing the best that they can with what they know, right? But the system and everything, economics, it’s always changing. So unless like you’re somebody that’s taking intentionality to stay up to date. I mean, they’re flooded people too. Like it’s not, we’re not getting the information that we needed to write growing up. And that ends up that we feel hopeless.

Now back to the story with the Facebook posts that I saw they were talking all about the logical thing. Now, that makes sense at all. But if we don’t talk about the emotional side, and what is going to help them feel the most success, most CMOS progress, because there’s several different ways about that. And really, they all work your debt snowball that avalanche, and I’ll link to another episode in the show notes. Because I think we covered those already. If not, I’m going to talk in just a minute at the end about a way that you can ask me your questions. So we can get this figured out.

But you’re feeling hopeless or talking about, like all the logical strategies. But that’s not what she really needed to sit there and evaluate because again, they all work, which kind of brings me to the next part.

Can Money Lead to Happiness?

So, if you’re feeling overwhelmed by money, the question of whether money can bring you happiness is kind of like the next part that I wanted to talk about. So here, if you are feeling overwhelmed by money, you might feel that money can bring you happiness. But money itself doesn’t cause happiness, you can be happy without money, and you can be happy with money.

And that goes back to the emotional side and the mindset behind it and all those things. But the thing that she really needed to consider was what was going to help her see the most progress.

Because if we can create that positive emotion, with that success, you’re going to keep working at it, which is why the whole strict that Power Focus thing doesn’t work long term for most people, because it’s not fun, it’s not enjoyable.

And I know people are gonna say like, okay, it doesn’t have to be, I get that. But the reality is, what are we actually doing when we need to be doing these things like, if you’re not doing the thing that you need to do, like, we need to make a change. So if we make it easier, so again, we can be happy with money and happy without money. But which one is going to motivate her to keep going that she’s going to feel that excitement that progress? Is it going to be having less companies that she’s paying or less interest that she’s paying every single month.

So like that I want to focus on the highest interest, debt snowball, you focus on like the monthly payment amounts, okay? So again, they both work, but which one is going to help her see the progress? For me, I don’t care if I have like six different payments, but the amount, well, I’m gonna go back.

I prefer the Debt Snowball Method to focus on the amounts and roll it up that way. Because I feel like we see the progress, we get the wins faster, as opposed to focusing on the one that has the highest interest. But what I think doesn’t matter.

Feeling Overwhelmed About Money?

It goes back to I can give you the logical explanation, I can give you all those things. But until we talk through how you feel, and how you’re going to approach money, you’re not going to feel that happiness, and then you won’t keep going and then you’re still going to be overwhelmed by money, see where we’re going.

So the overwhelm is because we’re stressed, you’re wanting to be happy, we’re not choosing to create that happiness. And then so what do you do, we have to figure out why we’re feeling overwhelmed about money, okay? You need to move forward, especially if you’re paralyzed, it doesn’t do any good. You’re not seeing that forward action, that forward momentum that you’re looking for. You have to move forward.

And that’s the thing and I’ve got the 14 Day Money Mastery action plan. Okay. That is, what this episode is sponsored by is designed to help you get into action. It’s simple to the point action steps for you to take quick training quick action step, move forward, you’re going to be doing the right things that you need to do and it’s going to remove the overwhelm from the money because you’re just simply following along you’re not going to be able to have time to go get your head about that. I also have a resource if you want more support. When you go grab the action plan you can see that but you gotta move forward.

14-Day Money Mastery Action Plan

This episode of the Your Money Your Life podcast is brought to you by the 14-Day Money Mastery Action Plan.

Are you tired of your finances being a mess? What if you could take charge of your money without feeling overwhelmed? Even if you’re not a numbers person, even if you don’t know where to begin, even if you just don’t have the time, even if you’ve failed in the past, and even if you don’t want to sacrifice your lifestyle, then the 14-Day Money Mastery action plan is just for you.

Inside the action plan, I’ll help you know exactly what you need to do next with your money so that you avoid overwhelm, you’ll be doing the right things with your finances, you’ll be making financial progress in a healthy way, you’ll spend money on yourself guilt and judgment-free because you deserve it. You’re going to be on track to taking charge of your finances instead of just sliding by because the bills are paid.

To see all the details, simply visit aimeecerka.com/action or text “action” to 817-969-4653. And of course, if you missed that link, it’ll be hanging out in the show notes as well.

If you’re just making enough to pay the bills, if you don’t change something, you’re never going to get ahead. Somebody commented on a Tiktok a couple of weeks back that I had done that was talking about like you know what to do with your money. And they’re like, What extra everything is going towards the bills.

And the problem with that is, if you don’t change something, nothing will change. And I totally understand when things are tight, I totally get it. But you have to stick through consistently when things are tight. And then things will compound and compound and compound and compound and then you’re going to see the success.

I can hear Natalie in the other room she needs me. So your challenge for today, what are watching you too, I almost fell over. Your challenge for today is grab the action plan links gonna be in the show notes again, but if you need it, aimeecerka.com/action let’s kick start 2023 and make it the year that you stop feeling overwhelmed about money. It’s not going to be this massive change is going to be the small incremental change that you do day in and day out.

So you can create the habit to actually move forward. So go grab that action plan send me a message on Instagram. I can’t wait to hear from you.

And we’ll see you next week for another episode of the Your Money Your Life podcast. Bye for now Thank you so much for listening to the Your Money Your Life podcast.

Wondering what’s next? When you’re ready, there are different levels of support that you can use on the path to creating unstoppable finances and your unstoppable life. After all, your finances are unique, and your support should be too.

Ultimately, we’ll create a customized plan to ditch financial struggle for good that works for you, your goals, your priorities, your life. Go to workwithaimee.com to get started with one of our most popular programs, or you can book a Q&A call with me, and we’ll figure out what your next step should be.

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Feeling Overwhelmed By Money? – Ep. 63