Do you frequently have shopping bags in your house – little ones, big ones, bags of all different colors?

It doesn’t matter how expensive the contents are. In fact, what’s inside of them doesn’t matter at all. The main concern is that you’re always spending money, especially if it’s laying waste to your personal budget and ballooning your debt.

It also doesn’t matter whether you feel rich or poor, because overspending can affect even the wealthiest among us. These days, you don’t need to look very far for evidence of that.

For some, outlining a personal budget simply doesn’t help, and many people have never worked with a financial advisor either. When these practical steps have failed or can’t be accomplished, how can you hope to end overspending?

In my mind, that’s not the question to ask. The approach worth taking is: “Why are you overspending to begin with?”

Why the Money Just Goes…

Overspending is commonly regarded a self-discipline problem, and while that’s definitely a component, there’s often an emotional element to the problem as well.

Over the last ten years, I’ve been teaching people all over the world how tapping can solve their personal problems — the common ones being debt and overspending. During that time, I’ve noticed that many people who overspend or find themselves faced with crippling debt are compensating for some degree of personal dissatisfaction with their life.

Some Examples:

  • Many compulsive shoppers feel under-appreciated and unhappy
  • Major debt and hoarding things you don’t need can be an expression of grief
  • Boredom and disillusionment can lead to profuse spending
  • The list goes on

If you’ve tried being strict with yourself in sticking to your personal budget, but have found no luck, you might want to try investigating your emotional connection to overspending through a simple technique called “Tapping.”

How Tapping Can End Your Overspending

Tapping, also called EFT (Emotional Freedom Technique), works by tapping on your energy meridian points, some of the same places on your body that are manipulated during acupuncture.

By tuning into and verbalizing your feelings while you do this, you’re able to discover and remove emotional blockages that have been manifesting themselves as behavior you’d like to quit such as overspending.

Something to keep in mind is that there’s a strong chance that your sense of personal power is attached to your personal finances. Here’s a quick tip extracted from my e-book to help you eliminate disempowering beliefs about money.

Nick Ortner, NY Times Best-Selling Author of “The Tapping Solution“:

One of the great things about tapping is how simple and accessible it is. It’s something you can do at any time, in any place, and get the relief you desire. When tapping, the best place to start is with whatever issue is bothering you most. We call this your MPI, or “Most Pressing Issue.”

Even if your goal is to transform your beliefs around money and work, if you have a headache, begin by tapping on your headache. You may even discover that your headache is related to your finances, but regardless, remember to address your MPI first.

Here’s how to begin tapping:

1. Pick a target. Be very specific about what you want to work on. For instance, “The frustration I have over this project at work.” 

2. Measure your emotion or physical discomfort on a scale from 0 to 10, where 10 represents the most discomfort and 0 represents no discomfort at all. 

3. You then use this to create what’s called your Setup Statement. The Setup Statement is structured like this:

“Even though I (state the problem), I deeply and completely accept myself.”


“Even though I have this throbbing aching pain in my lower back, I deeply and completely accept myself.”

“Even though I’m really angry because my boss didn’t approve my idea, I deeply and completely accept myself.”

 4. Tap lightly with your fingertips on the karate chop point while you say the setup statement three times.

tapping solutions


“this throbbing back pain”

This frustration over not getting the promotion”

“All this anxiety over the bills I have to pay”

5. Once you’ve tapped through the points, take a deep breath in and check in to see how you feel. On a scale of 0 to 10, how did the feelings change?

6. Be persistent! Continue tapping until the intensity comes down. Often an underlying emotion may surface. Feel free to shift the tapping to the feeling that has the strongest charge. The key to getting results is to be very specific when you target the problem.

Editor’s Note:
If you believe you may be, at times, sabotaging your financial success, check out more ways to bring more money and success into your life through tapping — a free eBook Nick Ortner has put together, that lists over one hundred limiting beliefs that are sabotaging your financial success. Click here to learn more.