Break Through Your Internal Income Barriers

By: Mikelann Valterra, Women’s Earning Institute (View Profile)

In addition to negative beliefs about wealth, some women also grapple with the romance myth. They believe that Prince Charming is surely on his way, yet still find it taboo to admit that they are waiting for someone or something else to do it for them. How can this be when the world abounds in strong, professional women who long for financial independence? It’s time to understand that admitting your truth has the power to set you free

Prince Charming comes concealed as many things. Some adults expect a future inheritance, so they don’t have to completely focus on maximizing their earning power. Others unconsciously rely on the equity in their house to save them in retirement. One woman told me that her husband’s life insurance policy was her back-up Prince Charming. So ask yourself, who or what may be operating as the Prince Charming in your life? What do you hope will happen or not happen so you don’t have to rely 100 percent on your own earning power?

The last factor that can lead to under earning is fear. We love the idea of more money, yet we fear the downside. Many busy executives fear that making more money will mean working too many hours. Others fear they won’t be able to manage larger amounts of money. Some are stressed trying to manage the money they have.

Some fear that if they made more, it would be taken away. And, with so many professionals caught between caring for aging parents and paying for increasingly expensive children, some wonder “What’s the point of making more? I’ll just have to give it away.” Ask yourself: What do you fear will happen or not happen if suddenly you made a lot more money? If you are unaware of what you fear, that fear will turn to self-sabotage, and will prevent you from making money.

If you truly want to step into prosperity, evaluate your relationship with money. How you feel about money affects how you deal with money. The more aware you become, the more you will be able to embrace abundance in your life and earn at your true potential.

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