Financial Fears & Pumpkin Spice Lattes

financial fears

Financial Fears & Pumpkin Spice Lattes

What is the Money Date? A weekly time to check in. 3 things we review and update: 
1. Spending
 2. Earning 
3. Savings

Getting financial freedom is hard to do. But not impossible. However, it’s even more difficult if you let your fears get in the way.

What could possibly be so scary that it prevents me from getting rich, you ask? You’ll be surprised to learn that even the smallest fears can stop you from achieving financial greatness.

Fear of Giving Up Your Guilty Pleasures

What’s a need versus a want? The answer seems pretty simple, but many people don’t want to ask themselves that question. Not asking, however, diminishes your potential to gain financial freedom.

It’s amazing when I work through the spending numbers that some people think manicures, landscapers and maids are a need. If you want to amass a fortune, you need to make some sacrifices and cut back on your discretionary expenses. In some cases, you might even need to get rid of the expense altogether.

Fear of Never Having Enough

To gain abundance, you must believe in and pursue abundance; it won’t simply fall in your lap. But, it’s impossible to do that when you obsess over bills, obligations and the erroneous belief that there will never be enough.

If you think this way, you have what’s known as a scarcity mentality — and it’s especially hindering if you consider yourself a leader or entrepreneur because it can make you complacent and focus on the wrong priorities.

You can reverse this mindset by taking stock of what you already have, expressing gratitude for it, and fixing your eyes toward the prize — one day at a time.


Anna Sergunina
Anna Sergunina

I'm Anna Sergunina, CFP®, President & CEO at MainStreet Financial Planning, Inc. My passion lies in serving others through financial planning, helping clients achieve their dreams like buying a home, saving for education, or retiring early. With over two decades in the industry and a CFP designation since 2009, I'm dedicated to excellence and continuous growth. Beyond work, I cherish moments with my son Liam, prioritize self-care, and engage in content creation for my Money Boss Parent Podcast and Money Library blog.

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