What’s Your Money Mood?

In this episode, I’m going to talk about financial moods, figuring out where you’re at, what you’re looking for, and aligning your mood with what you’re seeking.

Understand Your Money Mood

This podcast episode dives into money moods – the different emotional states people find themselves in related to their finances.

What Defines Your Current Money Mood?

Like a mood ring, your financial mood is fluid and often changing. Money moods can be:
  • Fear – scared of the situation you’re in or will be in the future
  • Nervous – uncertain about your financial future
  • Regret – you’re worried about your past money mistakes
  • Conflicted – you have mixed feelings or aren’t happy about your financial situation
  • Peaceful – you’re free from financial worries and are happy where you’re at
  • Confident – you have great faith in your financial knowledge and abilities
  • Generous – you feel financial abundance and want to share that with others
  • Joy – you have happiness and satisfaction with your financial decisions and situation
At any time, you likely find yourself identifying with one of those more dominant moods. Much like judging general emotions, you can evaluate your money mood on a scale of 1-10 for its current intensity level.

Why Does Understanding Your Money Mood Matter?

Awareness of your specific financial emotions and how strongly you feel them is key. This self-assessment allows you to pinpoint where you’re so you can take steps that are aligned to move your money mood upwards. For instance, if you’re an 8 out of 10 on the fear scale, tailored solutions to relieve financial anxiety would be most helpful.

Tips to Improve Your Money Mood

While money mood shifts are normal, here are five actionable tips for reaching a more positive financial frame of mind:
  1. Focus energy on aspects within your control
  2. Distance yourself from negative environments
  3. Seek education that matches your needs
  4. Take small but constructive money actions

Monitor Your Money Mood Patterns

Your financial state will fluctuate with time, situation, and events. Being conscious of these patterns in your own money moods though can promote greater self-awareness. This leads to better money management down the road. By tuning into your current money mood and its changes, you gain critical insight into your relationship and behaviors with finances.

Resources: What’s Your Money Mood?

MILMO Show Sponsor

Support for the MILMO Show is provided by Navy Federal Credit Union. They’re a member-owned not-for-profit with the mission to help military members. Navy Fed has resources to help you reach your financial goals, and if you’re a business owner like me, they have easy-to-use business banking, which I love. You can learn more at navyfederal.org.


MilMoneyCon is coming. It’s a three-day conference for established or starting-out financial professionals united by the military. I’m expecting 250 financial coaches, counselors, planners, and educators at MilMoneyCon this year and would love for you to join us April 25-27 in Denver. There will be a 5k fun run, sessions, panel discussions, parties, and loads of special networking opportunities. You can buy your pass and book your room at https://milmoneycon.com.        

Got Money Questions?

If you have questions about money or entrepreneurship, please fill out this form, and Lacey will answer them on the show!


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