Money Fears and Asking for Money

By admin • May 10, 2008

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I used to know this woman who ran a dayhome and she felt so bad about asking for more money or getting paid for extra children that it resulted her in becoming resentful, miserable and of course, not profitable. Why put yourself through that kind of hell? People will take advantage if they think they can get everything for free and it will only make you feel more resentful, bring your self esteem down and you will end up taking it out on the wrong people like your spouse or your friends! Is it worth it?

Why do people have fears of asking for money? Especially money they rightly deserve? Money is still a big taboo in our society when we want to talk about it. And unfortunately many women are still raised (including myself) not understanding the concept of money or feeling comfortable about wanting to make more money. How many of us have heard while growing up phrases like,

“Money is the root of all evil” or “Money doesn’t grow on trees,” giving money a derogatory connation.

Because I run my own business I have had to teach myself that asking for money is not a bad thing and that I am totally worth it. My services are worth money. So, does that mean asking for money is intrinsically tied to our self esteem? I would unequivocally say yes.

I often talk to people who tell me how they are so broke and really need to make some money from home. But when it comes to saying to themselves, “I am worth more money” many people just don’t believe it. And when you don’t really believe you deserve to make more money you stay broke. People even find it hard to ask for a raise at work, even if they are getting paid minimum wage! We need to start at the beginning and re-adjust our way of thinking about ourselves before feeling good about asking for the money.

I was reading a post about the psychology of asking for money and part of the fear of asking a person for money/raise is if they disagree it could possibly hit you in more ways than just your bank account. It could make you second guess yourself and wonder,

“Am I really or is my product not worth the money?”

Ponder that for a moment and then think about successful people. Are they afraid to ask for money in a sales presentation or when they are signing you up for their services? No way!
I have learned to say, “If you don’t want to pay me the money then don’t show up, because I can’t help you.” It has actually taken me years and lots of hard earned lessons to believe I am worth more. If you need help in this area start with affirmations on a daily basis like, “I am worth every penny because I am fantastic at what I do.”

http://blog.mint.com/blog/moneyhack/three-ways-to-ask-for-more-money/

Face it, when you’re in business for yourself online or offline, you want to make money and get paid what you’re worth. So you have to learn how to feel comfortable asking for the money and the first step is belief in yourself.

Cheers! Kelly

“Don’t Fear Money, Generate it!”