How can the basic fear of “not being good enough” affect you financially? Here are examples of how four women subconsciously compensate for feeling inadequate:
- Gwen buys expensive gifts and always treats others when she eats out; or she picks up tickets to an event and doesn’t let others reimburse her. At some level she feels others will “owe” her for being generous and include her in other activities.
- Kristy limits herself to the “right” stuff. Whether it’s the clothes she buys, the places she shops or who styles her hair, it has to be the best. Kristy won’t risk giving her husband’s family any excuse to judge her because she came from a less affluent background.
- Paula takes on more and more work and responsibility but won’t initiate a conversation to ask for additional compensation or a new job title. She doesn’t see her value to the company and feels like she always has to prove herself.
- Jill is an entrepreneur and used most of her start-up money to rent an expensive office in an elite location to impress her friends. That meant she didn’t have enough money left to invest in the staff to get the work done and, as a result, her business failed.
The fear of not being good enough is unrelated to a person’s position, actual success or the amount of money one has. If you think you’re “not good enough,” how is it affecting your bottom line? Is it time for you to reassess and consider just how wonderful and capable you really are?
Money Saving Tip
Want a bike when you’re on vacation? Sometimes you can find a used one cheaper at a thrift store or as a resale at a bike store than it would cost to rent one. And then you can donate it and claim a deduction.
What made you smile today?
What made you proud of your money choices today?