Your Financial Situation Isn't Your Fault

It’s not your fault that you’re in debt or that you have been managing your money poorly. The system failed you. School failed you. Maybe even your parents or guardians failed you.

They failed to teach you properly how to manage money. They failed to warn you about what would happen if you took out debt and how that could impact your future. It’s not your fault. When it comes to poor money management, there’s a lot of complex things that are in play and I want you to lose the shame that you have around money. See your current status as a jumping off point. No matter where you are and no matter where you’re coming from – there’s always up.


I want to give you hope today. I want to tell you that the shame that you might be feeling because of your current situation doesn’t have to be there. There should be no shame because it wasn’t your fault.


Once you realize that the shame you’re feeling is actually holding you back – that’s when you’ll finally be able to make progress forward.


It’s psychology, the shame cycle – when you feel shame over something, your brain will try and keep you from feeling those uncomfortable emotions so it’ll have you focus on something else instead. It’s sole job is to keep you alive and safe. Safe means the same. Meaning status quo. Exactly what you’re doing right now. When you feel shame, your brain will get you to do something else that brings you happiness or at least procrastinating from the feelings that you’re feeling – like scrolling on social media, binging Netflix, eating that pint of ice cream, etc. Then you feel shame and you rinse and repeat.

So, you’re literally fighting your brain when you feel shame over your current financial status. Crazy right??


Here’s how to get out of it:

  1. Remind yourself that it’s not your fault.

  2. Where you’re currently at is not where you have to stay

  3. Understand that there’s always hope

  4. Be nice to yourself and drop the shame

  5. Take one step forward a day