Overcome Three Money Myths That Keep You Broke

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Perception is everything.
What you believe to be true governs the quality of your relationships.
You bring you philosophy to parenting, and your subconscious beliefs can either catapult your career or keep you from asking the boss for the raise you deserve.
My friend Eric swears he has a ministry to abused women.
He said, "I've been dating for the last three years, and I noticed that I attract women who are very distrustful of men.
Trying to be a gentleman, I take dates to nice places and I show respect.
Last week one such woman said to me, 'Why are you being so nice? We've dated for two months and you've been great to me.
You haven't asked me for anything...
I just don't get it.
' "I said nothing.
I was confused.
I called her afterwards but she won't answer my calls.
" Somewhere in her subconscious mind she cannot reconcile good treatment from men and her right to receive such treatment.
Subconscious beliefs are powerful.
As this is true for other areas of life, it is true for developing wealth.
Money is a neutral subject.
It doesn't discriminate.
It isn't just for certain people.
It doesn't have eyes, ears, fingers or an opinion about its user.
It is simply spent, invested, worked for or wasted on temporal pleasures.
Growing wealth is for all of us.
It's my opinion that financial difficulties are meant to be used for growth.
Once you learn the lessons, and immediately apply them you can get closer to your money goals.
Poverty is not meant to be a permanent state.
So if that is true what are three common money myths that keep people broke? Money is Scary...
Do Nothing Does even the thought of managing your money overwhelm you? Do you get overly confused trying to implement money strategies to grow your income? Financial challenges are commonplace during this tough economic time.
People are losing jobs, being demoted, losing houses and income.
More than ever we need to have realistic beliefs as it pertains to money so we can effectively manage it during this tough time.
Resilient people are problem solvers and are able to explain situations, even money matters, in terms of a temporary state that has a resolution.
In this way, a resilient person's approach to a dip in salary might include: o Get a part time job or start a business o Rework the budget to reflect their current financial condition o Liquidate assets: Such as selling furniture, jewelry, or other things to bring in income.
o Find savings accounts with greater rates of returns On the other hand, nurturing overwhelmed feelings lead to despondency, and then the desire to give up.
Moreover, being anxious around money can imperceptibly lead to emotional and physical stress.
If you find yourself steeped in symptoms such as, insomnia (because you're meditating on financial struggles), or you are experiencing physical symptoms such as, knots in your stomach, vague aches and pains or other indicators of stress, then know it's time to reevaluate your underlying and unrealistic views about fear and money.
Challenge your beliefs by doing one positive act to enhance your financial picture, and the grip of fear will begin to loosen.
We All Have Faults When it Come to Spending Successful people take their weaknesses seriously.
If you're to grow your wealth, there needs to be a dedication to regular self-evaluation, not to beat yourself up, but to get a realistic picture of how you might self-sabotage your financial goals.
For example, if you use money to go on frequent spending sprees, as a way to self-soothe yourself when stressed, that's a significant problem.
Such a pattern of behavior might mean you have two closets full of clothes, but little in your bank account.
But how do you break an entrenched pattern? Count the cost.
What have you lost due to this weakness? Over the years you've nursed this addiction, how much money has you forfeited to impulsive spending? Thousands? Go through your closet full of clothes and ask yourself: "What percentage of these clothes am I actually wearing? Has spending sprees actually helped me curb my anxiety? Or has spending been a temporary fix? What can I do to find healthy self-soothing behaviors that promote my best interests?" Then quarantine your weakness.
Find a strategy to prevent your spending habits from destroying your financial aspirations.
Reckless spending might require a radical solution.
If credit cards are an issue, you might want to give your credit cards to your husband to hold.
The agreement could also include talking to him about purchases before you make them.
Arguing your point aloud, oftentimes, reveal hidden motives that have nothing to do with buying an item.
In fact, you just might find yourself losing interest in a purchase once you discuss it aloud.
Taking it a step further, you might include your spouse's approval before making a purchase.
This is one example of separating yourself from self-destructive spending.
I've Always Done This-- No Big Deal The cemetery is a goldmine of unrealized talent.
Who knows? The cure for cancer, new forms of dance, and scientific discoveries lay forever buried in the earth because people of the past may have not recognized, valued and/or honed their natural gifting.
What do you do easily? What do you find enjoyable? What hobbies absorb a lot of your time? What activities feel purposeful and worthwhile? Use these talents to make extra money.
If you like to write, then start working as a freelance writer.
If you like teaching children, start a part-time tutoring business.
If you make earrings for fun, think about selling your jewelry online.
It's that simple.
Oftentimes, our natural talents feel SO natural that we tend to devalue it.
However, a genius by definition is unique to you, blesses your community and has the potential to put extra money in your pocket.
Use what God has given you.
Your talent is a BIG deal.
Fear, self-destructive habits and laziness will limit wealth building.
However, working through these money myths will create financial breakthroughs that build your self-confidence and courage, allowing you to master your wealth.
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