Examining Our Beliefs About Money

By Jennie Hastings
[Mindful Money]

Last year, I had the honor of becoming a regular contributor to this magazine as the author of the Savvy Self-Care column. I am a practicing massage therapist with a small business of my own, and all of my columns were inspired by the challenges and triumphs of my daily work and life. Throughout the year, as I surveyed my life for topics to write about, there was one major issue that kept coming to me as perhaps the biggest self-care issue I could name: money.
To be honest, for a long time, I practically considered it a dirty word. Now, after a decade of practice as a massage therapist, I find money becoming a central focus, because I see it as one of the last hurdles to creating a truly sustainable career. I consider money such an important self-care issue for massage therapists because time and again, this issue is revealed as our biggest source of pain and stress, and one of the last obstacles to creating the business and life we love.
Most of us were attracted to this profession not because we were chasing money, but because we wanted to help people heal. This purity of intention is a gift to the world and what makes us so adept as healers. And yet, as time goes by and life proceeds, it becomes obvious that unless we can come into balance financially, the gifts we have to offer the world will get buried under our own stress, exhaustion, and debt. So here we are—launching a new column about massage and money. This column is a new way ABMP wants to support us in opening up this conversation.

A New Relationship with Money
I remember hearing a radio story a while back about the correlation between money and happiness. The study showed that happiness and money were linked, up to about $75,000 a year of annual income. After that amount, making more money did not mean more happiness, but making less money did mean less happiness. This makes sense to me. If you make enough money to pay your bills, eat good food, receive quality health care, go on vacation, and have some savings, life is good. But many of us are living without one or more of these things. When I go on the US Bureau of Labor Statistics website and look up “massage therapist,” the median pay is listed at just less than $36,000 per year.1 However, in their member surveys, ABMP members report earning $20,000. These stats strike me as a problem.
If the median pay of massage therapists is significantly less than what it takes to be fully happy, I think we, as a profession, need to evolve. I think it is time for massage therapists to own our value and start asking for what we need to be our best selves, so we can create sustainable careers that do not injure our bodies or make martyrs out of us. It is time for us to grow out of old limiting beliefs about money and the value of massage, and learn how to create wealth while also supporting health.
Many of the limiting beliefs about money that block us from being more affluent were instilled in us as children. Somewhere along the line, I picked up the idea that money was dirty, that the pursuit of money was in bad taste, and that I should do things not for what I can get in return but only for the intrinsic value of my actions. This belief system might work well for someone of independent means, but that is not me. Trying to be financially self-sufficient while maintaining this belief system is impossible and at odds with reality.
Other limiting beliefs about money may arise as we proceed through our career. We might recognize the need to raise our fees for massage to both pay our taxes and have health insurance, but feel unable to do so because we are convinced nobody will pay what we would need to charge. We tell ourselves that because it is possible to get a cheap massage somewhere, nobody would pay more for our work. We think if we could not regularly afford the price we charge, nobody can. While our minds may tell us these beliefs are correct and defend them vehemently, the truth is that these beliefs are like restrictions in a muscle. They pin us down, constrict our movement, and cause pain and dysfunction that reflects through our entire system.
With the same sense of patience and understanding we would use to coax movement from a muscle, we can coax the limiting beliefs about money out of our minds. It is possible to create a fully supported life with a career in massage, but we must find our inner value before we will see it reflected in the world around us. I invite you to join me as we begin this exploration over the coming year.

Where do your beliefs about money stem from?
The first step in releasing a limitation is to recognize it. Take a moment to journal about money. Ask yourself what you learned about money as a child:
• What did your parents tell you about money?
• What are your earliest money memories?
• What is your relationship with money now?
Do this exercise without judgment, but simply to become aware of your money beliefs. Feel free to email me with what you discover. We will work on releasing these limitations later, but for now we will just observe.

Note
1. US Department of Labor: Bureau of Labor Statistics, Occupational Outlook Handbook, “Massage Therapists,” accessed December 2015, www.bls.gov/ooh/healthcare/massage-therapists.htm.

Jennie Hastings, LMT, BCTMB, has studied money in the therapeutic process from every angle: as a client, patient, and practitioner. From the very beginning of her bodywork career, she received business training and coaching. Now she helps other massage therapists break through limiting beliefs about money with private and group coaching. She can be reached at jennie@massageblossom.com.