1787: The Best Ways to Overcome Emotional Money Blocks with Jessica Moorhouse
Feb 12, 2025
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Jessica Moorhouse, a financial counselor and author of Everything But Money, delves into emotional barriers that hinder financial freedom. She highlights how trauma and shame shape our money habits, urging listeners to recognize these hidden blocks. Practical healing strategies and mindfulness techniques are discussed to improve financial decision-making. Moorhouse also emphasizes the importance of navigating financial advice in a digital age, distinguishing between entertainment and genuine expertise while exploring personal experiences with comfort brands.
Emotional trauma and early financial experiences significantly shape adult money behaviors, often creating subconscious barriers to achieving financial freedom.
Identifying and addressing childhood money memories can help individuals uncover deep-seated emotions that influence their current financial decisions.
Deep dives
Understanding Emotional Money Blocks
Emotional trauma significantly influences financial behavior, often leading to money blocks that hinder financial freedom. Personal experiences, such as feelings of shame related to family income or spending habits, shape how individuals make decisions about earning, saving, and spending money throughout their lives. For instance, experiencing financial trauma like being laid off can create a persistent sense of scarcity that prevents individuals from pursuing new opportunities. Recognizing these emotional barriers is essential for healing and achieving healthier relationships with money.
Childhood Memories and Financial Mindset
Childhood memories play a crucial role in shaping adult financial mindsets, often manifesting in guilt or fear. Individuals are encouraged to identify their earliest money memories, which can reveal underlying emotions linked to their current financial narratives. For example, recalling an event from a young age, such as stealing a piece of candy, may surface long-buried feelings of shame that continue to influence adult spending habits. By exploring these connections, individuals can uncover the origins of their financial beliefs and work towards reshaping them.
Identifying Hidden Financial Barriers
Numerous hidden barriers can impede financial progress, including people-pleasing tendencies and unhealthy spending habits. These barriers may result from learned behaviors or unacknowledged emotional wounds, leading individuals to either overspend as a means of coping or restrict their finances due to anxiety. For example, clients might have considerable savings but remain terrified of spending, preventing them from enjoying their resources. Understanding these nuances allows individuals to break free from self-imposed limitations and take actionable steps towards financial improvement.
Practical Strategies for Financial Management
To maintain financial stability while addressing deeper emotional issues, individuals can implement practical strategies like creating a spending plan. This plan should focus on evaluating income, expenses, and savings goals, thus ensuring essential bills are managed while also fostering growth. Additionally, simple techniques such as grounding exercises can help manage emotional triggers that may influence financial decisions. This balanced approach allows individuals to progress in their financial lives while simultaneously working through emotional hurdles.
Today, we’re diving deep into the real barriers that prevent many of us from achieving financial freedom—and spoiler alert, it’s not just about the dollars and cents. My guest is Jessica Moorhouse, financial counselor, speaker, and now author of the highly-anticipated new book, Everything But Money: The Hidden Barriers Between You and Financial Freedom. In her work, Jessica uncovers how trauma, shame, and our earliest experiences with money shape the way we earn, save, and spend today.
Whether it's that nagging sense of guilt when you earn more than your parents or the fear of spending because of a scarcity mindset, these hidden barriers can quietly hold us back for years. Jessica helps us understand where these money blocks come from, how they manifest in our adult lives, and—most importantly—how to start healing from them.
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