“Change your thoughts and you change your world.”
– Norman Vincent Peale
If your life is one financial challenge after another, you aren’t alone. Money is the Number 1 cause of stress. The average total debt per UK Household in February 2019 was £59, 552. In America, the average household has $137,000 of debt.
Money is a foundation for life and there is a psychological and emotional element to our financial habits.
For example, someone that grew up in poor surroundings might hoard money and be overly frugal. Overspending can be caused by stress or anxiety.
Rewiring your mind about money can change the way you manage it.
By addressing the beliefs, thoughts, and habits related to your financial life, it’s possible to bring about real changes.
If you’re not following through on the actions that you know would increase your financial stability, your beliefs are likely to blame.
Beliefs that inhibit financial results can come from many sources:
The source of the ineffective belief doesn’t matter. But recognising and addressing harmful money beliefs is very important to your financial progress.Beliefs create and limit your reality.
It might only be a few faulty habits that are holding you back from the financial security that you desire.
How exciting is that?
“Realizing that our actions, feelings and behaviour are the result of our own images and beliefs gives us the level that psychology has always needed for changing personality.”
– Maxwell Maltz
This month in our Master Your Mind Membership, our training is all about ‘Rewiring your Money Mindset with Emotional Intelligence.’ If you would like to subscribe for only £20 per month, please click here.