Overcoming limiting money beliefs
There is a secret psychology to money. Most people don’t know about it. That’s why most people never become financially successful. A lack of money is not the problem; it is merely a symptom of what’s going on inside you
- Harv Eker
. Continued from last week
A personal experience
My personal experience in the past time about limiting money beliefs was that I seriously doubted if one could afford the good things of life in our country with honest labour. Then, I would calculate what a graduate was earning. Also, I would juxtapose it on just how long it would take him to be able to afford a good house, a good car and good investments for his twilight years. And would shake my head in resignation and wonder if it was not expedient to leave the shores of our country for the so-called greener pastures.
But in coming across the Holy Scriptures and some books on mind-building and motivation, I was to start shedding my limiting beliefs and come to accept that one could become truly wealthy even in Nigeria, doing honest work. I was to come to see that hard work, good planning and preparing for, actively looking for and taking prompt advantage of opportunities were the trick to shedding the limiting beliefs and moving on towards my personal financial goals.
Identifying limiting beliefs
Jack Canfield goes on to assert that, for a man to become wealthy, he would need to surface, identify, root out and replace any negative or limiting beliefs he may have about money.
Complaints about wealth and criticisms of the wealthy, he says, heard in early childhood, can actually sabotage and dilute one’s later financial success. Because they subconsciously emit a vibration that’s contrary to your conscious intentions.
In his own case, his father had consistently told him that rich people got rich by exploiting the working class. Also, he had come to believe that money was otherwise hard to come by. So young Jack and his siblings were left with the limiting belief from childhood that no matter how hard you work, you never get ahead.
Overcoming the limiting beliefs
Jack Canfield advocates a three-step technique to changing the early programming that leads to limiting beliefs about money. Hence, replacing them with more positive and empowering ones.
First, he says to write down the limiting belief. Then one should challenge, make fun of, and argue with the limiting belief. Finally, one is to create a positive turnaround statement that is opposite to the limiting belief.
Lesson for parents
It is just wise from the foregoing that parents should learn not to inadvertently ingrain their children and wards with the shackles of limiting beliefs about money. Rather, let them be privy into healthy discussions about finances and every other matter in their early life.
Think about it.
Don’t let your thoughts limit you….let them empower you!
For more, visit www.smefinance.org