At some point, you will experience a financial setback. Unexpected expenses require charges on a credit card or dipping into savings. This perceived “loss” can lead to personal judgment and shame when you have an all-or-nothing mindset about money management. 

In today’s episode, I help you reframe financial setbacks as evidence of growth. You have the financial tools to pay off debt and readjust your budget to get back on track. A financial setback does not mean you don’t know how to manage money. So don’t bury your head in the sand or feel shame around financial setbacks. Instead of seeing the loss as an excuse to bury your head in the sand and feel shame, turn that financial setback into a data point to help grow and refine your money journey.

Stay tuned to hear insights on these key topics during this episode:

[02:20] Financial setbacks & judgements

[05:35] What do you let financial setbacks say about you?

[07:11] Reframing financial setbacks as evidence of growth

[10:30] Translating financial setbacks into data for budget adjustments

[14:44] Allowing yourself to ask for help

[16:23] Questions to help you get through a financial setback

Tune into this episode of Money Files to learn how to reframe financial setbacks and maintain a positive money mindset. 

Get full show notes and the episode transcript: 

https://wealthovernow.com/how-to-overcome-financial-setbacks/

Links mentioned in this episode…

Set up a call | Financial Coach Washington, DC | Wealth Over Now