Developing A Wealth Mentality
Wealth is a mindset. Ever wonder why it feels like money just flows through your hands? No matter how much you try to save and invest to build wealth it just seems like it is for the exclusive few?
Well let's take a look at how we view money, and how we view wealth.
There are a list of questions that you can answer at your own pace. After attending the Millionaire Mind Intensive Conference, Atlanta GA, I realized that the way we think about money, finances and wealth is a direct corelation to how much of it we have, and how much of it we share. I hope this helps you to take an introspective look and make new decisions to improve your financial life.
How does your family handle money?
Many of our traits are genetic. This is no different when it comes to handling finances. For example, if you come from a family where both or one parent saved and never spent unless it was ABSOLUTELY necessary, you may find yourself doing the same. Sometimes, this leads to living a life of a hoarder where you never truly enjoy what you are working so hard for. Just be careful! Saving is great, but don't be so caught up on it, that you get wealth to spend it on building your health later in life.
Are you aware of how you spend money?
Sometimes, we spend money JUST BECAUSE. Many of us are emotional spenders...It's funny, because many times I make a purchase, and refer to it as, "I'm treating myself". Don't get me wrong, it's wonderful to treat yourself, but just do it in moderation. :)
Some persons spend money just to impress others...not a good idea. Remember that you are in your own race, and you set your own pace. Never compare yourself to others, and never envy what another person has. You do not know what he or she did to get it. Point Blank. Work for what you want, and then be willing to share it with others...after all, WE DON'T OWN ANYTHING...we are stewards!
What are your beliefs about money?
If you beleive that money in itself is evil, do you really think that more of it will be attracted to you? That's an easy NO. It's what you do to get money, and what you do with it that could be questionable. Also, remember that, "As a man thinketh, so is he" so check your thoughts, and naturally your actions will flow from there.
Most people without a substantial amount of money, portray those on the opposite end as frugal, evil, unkind etc. There is just a negative connotation-- maybe because you are wishing that the lifestyle you are observing could be yours? While there are some wealthy peope who may leave much to be desired, there are many other examples of wealthy people who are philanthropists, and givers to a large extent.
Do you think that you will lose friends or family if your financial status changes?
Many times we fear the unknown. This is natural. We all have to work to overcome various fears. For some people, they fear that they will lose the current friends/family that they have or gain too many if they start to amass a large sum of money. I beleive that people should love you for who you are. You should never have to buy love, and if you do, that person is not a genuine connection, and you need to make some adjustments! :)
Can you become wealthy doing exactly what you love doing?
Yes, yes and yes! We observe that everyday, someone is getting paid for doing what they were born to do! If we love what we do, we never work a day in our lives...and this is where we all should get...at some point in our lives! It's VERY possible.
Do you feel that because managing money and finances is not your strength that you could never really have any?
Trust me when I say, you are not alone. Managing money is a skill, and it can be learned. Just how one learns how to play the piano, or paint, write and walk, we can all learn to be better stewards of our finances if we put the effort into it.
What are you doing to multiply the money that you do have?
One never becomes wealthy through the mehod of addition. It's multiply to grow! Think of creative ideas on how you can multiply your current income and most of all, be grateful for what is is that you currently have, while working on increasing it!
Furthermore, develop a mindet of victory, where no matter what happens, you know that it is all working together for your good.
Re-training your thoughts takes effort, because in most cases, we are what we have beleived for the years that we have been alive. Make a consciencious effort to build a legacy of wealthy, spiritually, emotionally, mentally and physically.
Until next time,
Keep Growing!
Yours In Success,
Sharell
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