Dawn Bowers-Ferrara
3 min readJan 25, 2021

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Photo by Jp Valery on Unsplash

FEAR OF RUNNING OUT OF MONEY is certainly on many people’s minds during this time. Does this FEAR cause you stress, worry, concern or even anger? Do you feel constricted or limited in your ability to effect this FEAR?

If so, you are not alone. The FEAR of running out of money each month and maybe even long term, creates a daily stress in normal life. Are you looking for some ways in which you can begin to dismantle this FEAR now? If yes, continue to read.

In order to understand this FEAR, you must understand your current financial situation and then make choices to help to change the situation.

So here are 3 steps to begin to address the FEAR:

1. First, quantify your current financial situation right now. In order to do that, you have to know how much money you have currently, how much money you will receive in the next 60 days AND how much money you will need to spend in the next 60 days. You can create a spreadsheet or just do it by hand. Keep it simple.

MONEY I HAVE + MONEY COMING IN — MONEY GOING OUT = ?

2. Once you have those numbers calculated, is the total of them a positive or a negative number? In other words, if the money going out is MORE then the money you have + money coming in, then it is a negative number. If the money going out is LESS than the money you have + the money coming in, then it is a positive number.

3. If your number is POSITIVE, then breathe and skip to Step 5.

4. If you number is NEGATIVE, then today is the day you begin to take inspired action to change your financial situation. First, is there anyone who could lend you money until your situation shifts? Are there any governmental agencies that can support you during this time? Are you able to work another job or overtime at a current job? Or maybe obtain a job if you are not employed right now? How can you cut your expenses? Take a look at your rent/mortgage, food, car expenses, etc. Expenses that are flexible. Are there services you can eliminate that are “nice to have’s” but not required (netflix, HBO’s, getting nail services)? Are you able to barter any of your talents for expenses you are spending cash on? These are just some of the ways to begin to address your shortfall. It may not feel easy but once you get the momentum going, it gets easier.

5. For both Positive and Negative results, now is the time to look forward with optimism. Do you want to feel the FEAR RUNNING OUT OF MONEY each and every day? Or are you ready to begin to change it? You are the one who can do this. I know you can and you would not have read this far if you didn’t think you wanted to give this a try!

6. So, begin today.

There’s a popular Chinese proverb that says: “The best time to plant a tree was 20 years ago. The second best time is now.” So in this situation, this means that if you want success and FREEDOM FROM FEAR OF RUNNING OUT OF MONEY in the future, the best time to act is now!

For more support, please sign up on my website for a complimentary 30 MINUTE LONG DISTANCE ENERGY transmission as well as check out some energy recordings on sale right now. www.mynewdawning.com

Also, read my additional articles on MEDIUM and give it a CLAP if you like the support at:

https://dawn-888.medium.com

Also connect with my social media outlets for other FREE SUPPORT:

My FB Page:

https://www.facebook.com/wealthcoach8

My FB Group:

https://www.facebook.com/groups/OfficialMoneyManifesting

My instagram:

https://www.instagram.com/dawnbowersferrara/

My LinkedIn:

https://www.linkedin.com/in/dawnferrara/

Share with others who are in need of support too! I am here to assist.

Much joy and abundance to you now and always, Dawn

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Dawn Bowers-Ferrara

I am a Certified Life Coach and a Money Mindset Coach who specializes in helping you create wealth in all areas of your life.