Guest Author - Sharon Michaels
Money myths are those “truisms” we learned during childhood that have now become part of our adult belief system. Here are three examples: No pain, no gain. You have to pay your dues. Nothing comes easy. Do any of these money myths sound familiar? If they do, you’ll want to read this article.
Have you ever wondered why so many of us seem afraid to set a financial goal for becoming “wealthy?” Why many of us settle for getting by or making ends meet? A recent survey found that more people focus on not being broke than on becoming wealthy.
As children we often heard negative phrases about money and wealth. These simple, yet emotionally charged phrases have become deeply rooted in our unconscious mind. These unconscious money myths can influence how, and even if, we enjoy financial abundance.
Let’s look at three money myths and how they promote poverty consciousness, which is the opposite of wealth consciousness.
1. No pain, no gain.
Does this mean if we choose to achieve something good and satisfying, the journey must be painful and uncomfortable? So our unconscious mind is saying, “You can only become wealthy if you suffer and experience pain and sacrifice along the way.”
Can you see where no pain, no gain thinking is not a wealth building mind-set? The good news – once we’ve recognized a limiting mind-set we can consciously change it into something more empowering and abundant.
2. You have to pay your dues.
Most often this is said to people who want to spread their wings and succeed. Don’t you think it is a way of keeping them in their place? So tell me, who determines when the dues have been paid?
3. Nothing Comes Easy
Again, this phrase is about how difficult it is to achieve a higher standard of living and enjoying the rewards of financial freedom. Of course, some ways of achieving wealth are easier than others but that doesn’t mean you have to struggle to achieve financial peace of mind.
Believing these three money myths means we are emotionally and physically programmed to endure sacrifice, pain and hardship before enjoying abundance and wealth. We’ve unconsciously made saving and investing for the future painful.
We’ve now consciously recognized some limiting beliefs so how do we change them? By conquering and eliminating what isn’t working and developing the positive habits of wealth consciousness.
Wealth consciousness is about making a conscious decision to become abundant and wealthy and then taking the necessary actions. Napoleon Hill in his book Think and Grow Rich talked about wealth consciousness. It begins with thinking, feeling and believing in your ability to become wealthy.
Here are three basic steps to reinforcing wealth consciousness:
1. Develop and consistently work a wealth building plan.
2. Develop and consistently work a savings and investing plan.
3. Develop and consistently work a plan to reinforce the emotional and physical positives of wealth building.
You have the power to create an abundant and wealthy life. It often means eliminating the old worn out negative baggage that no longer serves to empower you financially. Once you recognize the money myths that may be holding you back, you can consciously change them into positive beliefs. Wealth consciousness is about believing, without a doubt, that you have the power and right to thrive!
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Ready to conquer self-sabotage? You’ll want to read Sharon’s book, How To Give Yourself The POWER To Succeed –
How To Give Yourself The POWER To Succeed
To print off a collection of 15 free “Goals” quotations please go to my website and click on the PDF button. Here’s the direct link to your FREE "goals" quotes: 15 Great Goals Quotes
