Tuesday, September 6, 2011

Get Money (PART 1) The foundation of wealth, your emotions.

Get Money Series Table of Contents 
Get Money (Part 1) The foundation of wealth
Get Money (Part 2) Willpower: How it affects your work


In order to get money, get financial freedom or wealth it is my belief that you need to start with a solid launch pad, a strong foundation. I am not talking about a budget or a savings plan; I am talking about your emotional health regarding money. In my experience people tend place a price tag on themselves, it usually is far lower than what it could be. It is my goal to identify these beliefs and change them.


In a western culture we often do not grow or raise the bulk of our food, we work and money then in turn buy our food. So subconsciously or heck even consciously money = food, hence money = survival. I think it is safe to say we all want to eat, so it is probably also safe to say we all want and need money.


Throughout my life, money has had an emotional role. Let me explain, when I was broke and needed gas or food, the LACK of money = pain and embarrassment to me. I allowed my lack of money to define me as being less worthy than if I had an abundance of money.


By allowing myself to link my lack of financial wealth with my identity, I sabotaged my own success. Sub-consciously I felt that being broke is who I am, therefore cutting off ideas or situations that would create abundance.


My goal is to get you to see money as a thing, something that you are detached from emotionally. I believe this will give you the freedom to playfully create wealth without large concern over the outcome.

Definition of MONEY

mon·ey

noun, often attributive \ˈmə-nē\
plural moneys or mon·ies

1
: something generally accepted as a medium of exchange, a measure of value, or a means of payment: as a : officially coined or stamped metal currency b : money of account c : paper money
2
a : wealth reckoned in terms of money b : an amount of money c plural : sums of money : funds
3
: a form or denomination of coin or paper money


In ancient times, wealth could be defined as stored grain, your herds of livestock, children, spices etc...


Money and wealth is not the same thing, money is an accepted medium of exchange and wealth is the sum of all your food and possessions.


If we understand what money actually is, how does that change our perspective about getting money, saving money, investing money, or even giving money away?


Instead of seeing money as something that will make your dreams come true or something you need to get your Gulfstream, why not see it as something you could have more of if you wanted to but it isn't necessary to enjoy life.

Have you ever noticed that when you doing good financially people seem to always buy you lunch or invite you to a bar for drinks and they pay, not you...even though you could pay?
Conversely, have you also noticed that when you are broke and hungry nobody is usually offering free lunches or shots of "Cuervo"?

At some level the lack of money affects us psychologically and we carry that around with us. People pick up on that vibe. Usually they stay away. Consider this in your own life; I suspect you can find truth in this.

The point I am making here is that if you dwell on the fact that you are broke you will telegraph that scarcity by the way you carry yourself and by the conversations you have. A feeling of scarcity will become self-fulfilling.

Another factor that can hinder your finances beliefs that if you are rich you are bad.
Consider this: In the Bible the Apostle Paul tells Timothy "The love of money is the root of all kinds of evil." What does Paul mean by this?

He is saying that if you are obsessed with money and acquiring more you are in trouble. He is not saying that if you are wealthy and don't love your money you are evil. See the difference?

You can have very little money and be consumed by acquiring it or you can be wealthy and not love money at all.

It is so important to emotionally let go of money and regard it as a tool. This is the foundation for my follow on series "Get Money".


Get Money (Part 2)Willpower: How it affects your job

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