Some people believe that money changes everything about you and your life but not in a good way. This is why their financial future may be unstable.
For example, you may believe that money makes you arrogant and rude. However, if you had more money, you could make a difference in lives of thousands, perhaps even millions of people. You could begin with your family and friends.
Money is nothing but energy and paper and coins.
But, you may give money absolute power over you.
Instead of being a money master, you’re a money servant. You let it control your emotions, thoughts and beliefs. You let it stress you out whenever your bills are due. This isn’t healthy.
Instead of worrying about money, which only gives you more issues to worry about, make peace with money.
Become its friend and master. How? By questioning and tossing out your beliefs about money. If you don’t, they’ll continue to destroy you in ways that you could only imagine.
10 Money Beliefs, Painful Lessons and Must-Read Solutions
You believe money is the root of all evil.
Who told you money is the root of all evil? Wait, let me guess. It was your parents. Or maybe you read something in the Bible. The quote you may be familiar with is from 1 Timothy 6:10, “For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.” Do you see the difference? If you love money above yourself and others, then it cause problems in your life. Otherwise, it’s okay to appreciate and be grateful for the money you have now and will have in the future.
Solution: Toss out the phrase “money is the root of all evil.” Money is not evil; it’s used to purchase goods and services.
You believe all rich people are greedy.
How true of a statement is this? I know rich people who are generous, sometimes to a fault. These people would give you the shirts off of their backs. In fact, you wouldn’t even know they’re wealthy because they don’t dress in $500.00 suits and drip with diamonds, not that’s there’s anything wrong with this. It’s your prerogative.
Solution: Think about the celebrities you admire. Are they rich and greedy? Do they not make charitable contributions? Do they not start nonprofits and help others? Think before you judge others.
You believe you can’t have wealth and prosperity.
Who told you that you can’t heave wealth and prosperity? Most likely, you heard this from your parents. The truth is you can have wealth and prosperity, if you want it. The fact is you can have anything you want, if you want it and you’ll do what it takes to get it, i.e., create a plan of action and follow through with it.
Solution: Question why you can’t have wealth and prosperity. How true is this? Who told you that wealth and prosperity aren’t possible? Get to the root of the issue and shift your belief.
You believe you have to struggle to make money.
Did your parents stress about money? Did they complain about not having enough money? Parents do the best they can based upon how they were raised. They can’t help it if no one ever showed them how to do better; therefore, they ended up passing their beliefs about money onto you and your siblings (if you have any).
Solution: Take the worry out of earning a living and making money. Relax and know that you don’t have to struggle to make money. The more you struggle the more opportunities you’ll receive to struggle.
You believe you’re not worthy of money.
If you have self-confidence and self-esteem issues, you may not feel worthy of money. Maybe someone told you that you were worthless. Maybe the told you didn’t deserve to have money. Know that you have every right to money, everyone does.
Solution: Don’t listen and hang around people who put you down. Surround yourself with those you admire and emulate and learn from them.
You believe that you have to support the money beliefs of family and friends.
If your family, friends and work colleagues suffer from stinking thinking, you may believe that you have to listen and agree to what they say. Why? Because if you don’t, they could leave you or make your life miserable should you continue to hang out with them. But your life may already be miserable if you struggle with finances.
Solution: Stop following the crowd! Do what’s best you for you, even though your family and friends may not agree. Remember, most people don’t like change. When you start to change, the people who’ve been in your life for a long time may leave. It’s for the best. But you never know. They could come back into your life.
You believe that being poor is spiritual.
Even Mother Theresa accepted large donations from people and organizations. If you were raised with religious beliefs that stated it’s spiritual to be poor, you may want to question them. Why? Because if it’s so spiritual to be poor, why do some religious people live in million dollar homes and wear expensive clothes? Does this make them less spiritual? No, it doesn’t.
Solution: You may want to questions your religious beliefs. How do they serve you in your life? If you’re not happier or wealthier, you may want to find out if your religious devotion is standing in the way of healing your money issues.
You believe money will make you arrogant and mean.
Wealthy and poor people may or may not be arrogant and mean. You won’t know unless you meet and get to know them. Remember that everything you do in life is a choice. You can choose to be kind, generous and thoughtful. You can choose to be philanthropic and help those who are less fortunate. You can choose to show others how you turned your finances around and help them to do the same. It’s up to you.
Solution: Think about the first time you heard someone say, “All rich people are greedy.” How old were you? How true is it? Have you met every single wealth person on the planet? Probably not. Making blanket statements or judgments about others is dangerous. You wouldn’t want someone to judge you, would you?
You believe you don’t need money.
For some reason, you may think that you don’t need money. Maybe you think that everything in your life will take care of itself, i.e., the bills will get paid somehow. True, someone could agree to support you, or you could win the lottery. But the exchange that’s used to purchase goods and services is money.
Solution: Make peace with the fact that money is necessary. Live within your means and create a savings strategy, i.e., put 10% of your weekly income into a savings account.
You believe money won’t last.
If you grew up within a home where your parents lived paycheck-to-paycheck, you probably believe that money won’t last. Perhaps you are living paycheck to paycheck. When you’re honest about your finances and begin to transform them, you’ll see that money can last. You can have more.
Solution: Stop living paycheck to paycheck. Cut back on expenses, e.g., cable and memberships, and save your money. Once you have a healthy savings, you can splurge on whatever it is that you want. Then again, you may find that you don’t want or need it anymore.
Change Your Money Beliefs and Change Your Life
The beliefs you have around money may not belong to you. They could belong to your family, friends, teachers, bosses and others you’ve met throughout the years. If you’re in debt and have next to nothing in your savings account or no savings account at all, challenge your beliefs about abundance and wealth. You may find that what you think doesn’t resonate with you. Do this and abundance will come to you.
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