Why Chasing Money Doesn’t Work for Me [and Probably Not You Either]

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When I chased after money, I never had enough. When I got my life on purpose and focused on giving of myself and everything that arrived into my life, then I was prosperous.

Wayne Dyer

Money, money, money! I’ve spent most of my adult life chasing money. In comfortable periods of my life, I’d chase it for materialistic purposes. In the low periods of my life, I chased after it just to make ends meet.

I’m finally at the point in my life where I don’t chase money regardless of my financial situation. In order for me to reach this point, I had to come to terms with the truth of who I am (and who everyone is).

I had to stop chasing money and start chasing myself. What I mean by that is I chose to stop living in my past stories, stop believing my ego, and start loving myself. You can do this too and believe me when I say, it is true freedom.

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Why Chasing Money Doesn’t Work

chasing money - person counting money

Like Wayne Dyer’s quote above, when you chase money, it seems like there is never enough. In my case, I felt like I was always struggling to make it and struggling to keep it.

I used to place my happiness and value in the money I made. If I was making good money and had a bit saved up, I was happy and felt acceptable to others.

If I wasn’t making much money, I felt judged and unworthy. Of course, these were all judgements I placed on myself based on what I thought others would feel about me.

Caring what others thought and trying hard to impress others only caused stress in my own life.

Making The Shift – Getting to Know My Inner Self

When I began to make the shift, I was at a stressful period in my life again with money. I had started my online business and it was having its ups and downs.

Each time I made a sale, I placed on my happiness in it. Making a sale made me feel successful. Then days would go by and sometimes weeks when no sales would come in at all. I would feel like a failure during those times.

I constantly placed my happiness and value in making money. Now I realize (after some guidance) that our true value is in ourselves.

We are already everything that we need. When you understand this, you no longer place your value in money, things, or in people.

What I had to learn:

  • We are already worthy, valued, and loved
  • There is nothing wrong with us and never was
  • We are love
  • The ego lies and wants to keep us in fear
  • If our self-talk (or external talk from others) does not come from a place of compassion and love, it is a lie
  • Many of our decisions are based on past stories
  • Life is supposed to be joyful
  • We do not have to live in fear

Understanding these things helped me to place value in myself and not in money. Yes, we need money to live, but we do not need to place our identity on how much money we have.

Shifting Your Mindset About Yourself & Money

By shifting my mindset, making money feels a lot less like a struggle. I enjoy my work more and I approach it from a thriving mindset rather than a surviving one.

The key to shifting your mindset is to really sit with yourself and consider some of your past stories and how you are making decisions from them.

What are some of the things you were told about money growing up? Maybe you were told that there is never enough of it or that you must work hard for it.

There are lots of stories we were told as children by the adults in our lives. These stories do not pertain to us anymore.

When I sat with myself, I realized that I was doing many things as an adult that were based on things I was told or taught in the past.

Be Prosperous

We have been taught so many things about money by others that are not true. These stories have played a big part in our decision-making process around money.

What is true is that you are worthy, valued, loved, deserving, and abundant. All that you need to do is be. This doesn’t mean that you sit back on the couch and wait for money to roll in.

You still need to take action. Whether that is working for someone else or working on your own business.

Once you’ve learned how to shift your mindset, you’ll experience less stress about money as you are not placing your own self-worth on money in general.

Making More Money

Chasing money and having a desire to increase your income is not the same. There is nothing wrong with desiring more income. Where the error lies is when you’re chasing money as a way to seek external happiness.

One way to increase your income is by starting a business of your own. You can start a business on the side while you are still employed.

That is what I did and by doing so, I was able to transition out of a job into working for myself. If you are wanting to start something of your own and don’t know what, it is time to brainstorm some ideas.

What skills do you already have that you could teach to others? What are some of your passions? Do you prefer an online business or brick-and-mortar business?

People create side-hustles all the time. Many of which turn into full-time incomes. The information that you need is right at your fingertips.

You can learn how to do just about anything, especially starting a business, by searching online.

My Closing Thoughts On Chasing Money

I am much happier now that I no longer chase after money the way I did in the past. Changing my mindset on myself and money has had a tremendously positive affect on my life.

Working on myself is an ongoing process but it gets easier. Meditation definitely helps. I wasn’t big on meditation in the past but now I meditate for at least 30 minutes per day.

If you are ready to level up in the area of finance, learn to change your brain and your income with free on-demand training by leading mindset and behavior expert, John Assaraf.

John is my goto resource for mindset training.


I am on a personal journey to level up all areas of my life. My goal is to help others by sharing my own experiences. Thanks for stopping by the blog! Read More