Your desire to become whoever you want to become is a decision – first.
That’s the reason why you can stop shopping, stop eating out and still be broke. It’s the reason why you can spend three hours creating a budget that you never used, even after you taped it to your wall and kept it by your bedside. None of those actions were the results of a firm decision. Rather, they were just things you thought you could do without much thought behind it. If you start taking action steps without a resolute mind, your actions will always lead to nowhere. Likewise, you will always be broke.
There are many stories of millionaires who lost everything and gained it all back within years. There are stories of everyday Americans who paid off more than $50,000 in debt in less than 5 years with a typical 9-5 job. Yet, we can all think of people we know who will always struggle to pay their bills and who will deal with debt for the rest of their lives. The story of millionaires becoming millionaires again is not a matter of luck, and the reality that some people will always struggle financially is not a matter of misfortune. Rather, the foundation of both circumstances is a mindset – one is flawed, one is healthy. One visualizes opportunities for more poverty, while the other pictures opportunities for more wealth.
The Secret, a powerful book by Rhonda Byrne explains it well: “The only reason any person does not have enough money is because they are blocking money from coming to them with their thoughts. Every negative thought, feeling or emotion is blocking your good from coming to you, and that includes money. You must tip the balance of your thoughts from lack-of-money to more-than-enough-money.”
She goes on to say: “When you have a pile of bills that you have no idea how you are going to pay, you cannot focus on those bills, because you will continue to attract more bills. You have to find a way that works for you to focus on prosperity, despite the bills around you. You have to find a way of feeling good, so you can bring good to you.”
You have to find a way that works for you to focus on prosperity.
Well how do you bring good to you? And on the flip side, how do you keep good away? For starters, there are 3 ways you are probably holding yourself back from living a more fulfilling financial life, and here’s how to fix them.
1. You look at life through the lens of “I don’t have enough & this is just how life is for me.”
When experiences happen to you, do you immediately think negatively or do you see everything positively working together for you? If you always believe that you don’t have enough, you will find that more things keep happening to prove that you don’t have enough. Think about it, if you wake up late in the morning and immediately think, “Today’s going to be a terrible day,” today will be a terrible day. You’ll discover that you forgot your lunch at home, you forgot about a meeting that you arranged the week before, your co-worker said something to offend you and so on and so forth. It’s the same with the way you look a life. If you see everything through negative lens, you’ll get negative results.
HOW TO FIX:
Think positively. Sure everything will not always be perfect. There will be days when you don’t understand why things are happening to you, but even then you must still think positively. Thinking positively allows you to changes your perspective and allows you to become more aware of the good things that are happening to you and that can happen to you. You’ll be more aware of the opportunities in front of you to change your financial situation.
2. You only think about yourself and you see no purpose in giving to others.
Do you have an “I” and “Me, Me, Me” mentality? When you are put in the position to give, do you immediately think, “I can’t afford this.” Better yet, do you say to yourself: “When I have more money, I’ll give…” Or, “If I had enough money, I would give but right now I don’t.” Whichever category you fall into, neither will ever work in your favor. You may mean well but in actuality, if you find it difficult to give someone else $10, you will never be able to give someone else $100, regardless of how much money you make in the future.
HOW TO FIX:
Go out of your way for others more often. Give what you have, when you can. Understand that those who give will always get what they want out of life. It’s the law of reciprocity or karma as others call it. You can never give to others in need only to find that you are always lacking too. The people you helped may not always return the favor in your time of need, but you’ll always find that someone will be there when you need them.
3. You are not a risk-taker.
As much as you don’t like your current situation, you’re not ambitious enough to do something about it. The reason why you don’t want to invest in yourself, in your money, in your career is because you’re too afraid to fail. So often we know what we want, but we don’t take the initiative to go after it. You don’t ask for the promotion because you’re too scared of what may happen if your boss says no. You don’t put your money in mutual funds because you’re too afraid of what could happen if you’re not in control of your money. You don’t write a goal to get out of debt, because you’re too afraid that it won’t happen because it didn’t happen for your mom, your brother or your best friend.
HOW TO FIX:
Stop focusing on “the how” and just do it. Stop getting carried away with the hypothetical questions. Chances are they will never happen. Just make the decision to go after whatever you know could lead to a more fulfilling financial life. It could be as simple as purchasing a book on how to invest wisely, setting a meeting with your boss to discuss the promotion you know you deserve, or writing a goal for yourself that by 2020 you will decrease your debt by %50. Whatever taking risks look like for you, just do it.
If you are someone who thinks positively, who gives, and who takes risks, then keep going. Odds are you won’t be broke forever. There’s no luck or misfortune in life. Your mentality either creates a better, more desirable life or keeps you stagnant and broke. Your thoughts create your life, so think wisely.
“Success comes from within not from without.”Ralph Waldo Emerson