How do you feel about savings?

For years I felt incredibly uncomfortable whenever the subject of savings came up.

I had debt and felt so far away from the possibility of ever having anything saved!

Being told I should have spare money put aside was like being told I should achieve the impossible!!

What feelings does the word 'savings' bring up for you? I guess for some it may raise a smile and a fabulous feeling of security, excitement or possibility!

For others - hmm not so much!

For me, I rather unfortunately associated it with the following:

• hardship - a sense that to have savings I would have to go without something else I wanted
• boredom - the feeling of having to forfeit something fun to do in place of saving some money - how dull!
• failure - I knew it was the thing I should have. So to have the opposite- debt - for me felt very much like an epic failure on my part
• shame - the feeling of being embarrassed that I must have done something stupid (or worse - that maybe I'm stupid) to have got it so wrong and have debt in life instead of savings
• envy - the feeling that someone with a savings account (and money in it) was somehow a better person than me

So you can imagine that when I heard the 's' word, with all of the above unpleasant feelings attached, I never wanted to spend any time dwelling on it. I felt much happier avoiding it altogether. It was taboo and I'd find myself getting defensive or cagey if the subject ever came up.

So - what's wrong with just carrying on avoiding it?
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If you're currently not facing up to the whole savings issue, like I was, and you want to be wealthy then you need to pay attention here! 

Someone who is not comfortable with having savings is someone who is not comfortable with having excess.

That means, that regardless of whether you earn £5000 or £5 million a year, you will find a way to spend or get rid of any excess money. You will simply increase your outgoings to match whatever comes in.

The action someone can take to 'release' themselves from the 'burden' of excess money can range from subtle to extreme!

Here's some examples:

• gift giving - relentlessly
• charity donations
• 'I deserve it!' mentality - e.g. regular shopping trips full of treats that you want but don't really need!
• loving the luxuries - e.g. always having to have the best house, latest car, phone, handbag, watch...etc. Whichever part of the scale you are on in terms of income, you'll find something to 'get rid' of your money on!
• travel 
• excessive sale shopping! Hiding the fact that lots of money is being spent, by focusing on the fact that a good deal or a bargain was found!

Not having savings can put you in a precarious situation.

It can take away your financial power because you have no spare resources for dealing with the unexpected things that crop up in life like a home or car repair bill.

It also means you may never have spare money for some of those bigger things you would love in life, such as holidays, retraining yourself, starting your own business...etc. Having to spend out on any of these things, when you have no savings, could easily put your bank account in the red.

It's pretty disempowering to always be on the back foot with money like that.


I want to be clear on this- I'm not saying there's anything wrong with spending money & enjoying life! After all, what is the point in having money if you're not enjoying yourself!?


What we're talking about here is the issue of being uncomfortable with having a buffer.

It points to something going on with you - in you - that could really do with being resolved. Something is blocked in your beliefs, thoughts and feelings about having money, and that's never a positive. 'Blocked' doesn't go with 'abundance'.

Don't forget - how we do money is how we do everything, so if you're blocked around savings, you may well be blocked in other aspects of your life too.

Dig deep - why is having spare money a problem? Did your family have spare money growing up? What did it mean to have spare money or to not have spare money? What were you taught about money when you were growing up? Do you feel quilty about having too much money?

If you'd like to start healing on this issue, I've got a suggestion, and it's the exact same way I began resolving my own block on having savings:

Start a small savings account and set up a monthly transfer to it, as soon as you're able to. The amount you transfer in is totally up to you. It can be a really small amount like £2 or £5, it doesn't matter. What matters is the shift in your mindset and energy - that it's ok to have spare. After you've got it set up, every now and then try to increase the amount you put away each month!

Note down the feelings that come up during the process for you. Are they like the ones I listed for myself above? Or are they different for you? Use my questions above about your experiences of money in your younger years to uncover your feelings and where they come from.

Then ask yourself this - what do I need to let go of today, to start feeling comfortable with having excess?


Money blocks are pretty much the number one reason why women who should be wealthy, aren't. 'Blocks' are those negative subconscious beliefs that stop you from getting the things you consciously want .

I'd love to help you move past those blocks, & get you on track to the fabulous life you truly deserve! . As a Money Breakthrough Coach for Women in Business I have a fabulous system for moving you past old negative beliefs and doubt, and into a mindset where you feel unstoppable!  In addition to that I can work with you to create unique and clear heart & soul branding for your business to set you apart from the crowd, how to charge what you're worth & get it...and so much more! 

Click here to take a look at my amazing 6 month private coaching package 'Heart & Soul Money Glow for Women Entrepreneurs'!

If you'd like to have a chat with me to find out more, please use the button below to book a discovery call!

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With love,

Nikki x