Debting As Penance
I had one of those AHAs the other day and want to share it with you.First, let me say that I have been looking at our emotions and money from a more global perspective–trying to see what we all share and how we create our financial situation–as a group.
For example, right now, many people are suffering financially. Although each person or family has their own story, there is also a group dynamic. After hearing the words terror, killing, bombings, etc. on a daily basis, many are acting out their fear of dying through a fear of dying financially. Thus the mortgage meltdown, stock market plunge, and rising food prices.
These things don’t just happen, they are created by the group consciousness.
A credit crises of monstrous proportions is also looming as credit tightens and consumers are stretched beyond their means. So, I asked myself, what does this group debting represent.
My conclusion: Debt represents a way to do penance for the “sins” that we have committed. The whole concept of sin and guilt has been drummed into us through religious training and authority figures who get their power by disempowering others. Guilt and shame permeate our society with few outlets for healthy expression and release.
By carrying the burden of debt, we do penance for our “sins” as we hope to assuage our feelings of guilt. Eliminating the need to debt as penance requires that you:
- Forgive yourself for anything you have done or think you have done that stimulates guilt.
- If necessary, make amends to those you have harmed and ask for their forgiveness
- Imagine that God, Source, The Universe, or whatever supernatural force you relate to loves and forgives you. For real.
- Start behaving as if you have a right to hold your head high and be proud of yourself. In this day and age, sometimes just getting through the day is deserving of praise.
- Praise yourself often.
- When the voice inside your head criticizes you, breathe and tell yourself something positive about you or your actions.
To help you work through your guilt and shame, try my CD Healing Your Financial Shame.


Hi Joan,
I believe you are right on the money - however, Dooreen virtue offers an interesting and uplifting perspective. She basically says the dark energies are all around us but, energies of great positive power are collecting above the earth plane.
It is our thoughts which plugs us into one or the other. So, as we take each and every step, do each and every action, say each and every word we have the choice of which energy we draw upon. We then contribute to and strengthen one or other of the energies.
I use this model daily and continually try to push more of the positive energy through my being, when I catch myself being serious, I smile and lighten my mood, when things get me down a bit I look for the things in life that are and have been good to me. I constantly draw on the positive energies.
Most importantly, I have recently started a gratitude journal - gratidude seems to be the currency through which positive energies keep flowing. Thank you for doing what you do. I have been on your list for several years now and I cherish your uplifting insights. Your newsletter contributes to the positive energies on the eaarth plane and uplift a lot of people. Thanks Joan.
Hi Joan:
We spoke via e-mail a year or so ago. I am the single parent attorney from New York with the three disabled children. i really miss your podcast. It felt like I knew you personally when you were broadcasting. Would you consider doing one occasionally?? Thanks for taking the time to listen.
Laureen Faulkner