Top 8 Money Blocks and How To Turn Them Around
Darnell Frazier, RFC?, CPRS?, CCFC, CFEI?
"Build A Personal Financial Foundation" | Financial Educator | Financial Coach | College Planning | Retirement Planning | AFC? Candidate.
If you’re struggling to create the wealth you desire, the?issue might be between your ears. It’s easy to blame your job or your ex for your ?nancial woes, but there’s much money in the?world. You can accumulate far more money than you?could ever spend, but it’s essential to get your mind on your side??rst.
Work on improving yourself, and your circumstances will improve?too.?
See how your attitudes about money greatly a?ect the results?you experience:
1. “MONEY IS THE ROOT OF ALL EVIL.”?It’s not easy to amass much money and enjoy?financial abundance if you believe that money is evil. Therefore, most of us?have a strong emotional reaction to the idea of evil.
SOLUTION:?Remember that money is a way of quickly transferring value?between people. Nothing inherently evil about a piece of?paper, a metal coin, or a number associated with a bank balance.?Use the money beneficially, and there will be nothing evil about it.
2. “ONLY GREEDY PEOPLE WANT MUCH MONEY.”?There are indeed greedy people that want a lot of money.?However, there are also plenty of non-greedy people that would enjoy?having more money too.
SOLUTION:?Realize that money can give you the means to create the life you?want. It gives you options. It brings you freedom. These are things?everyone wants.
3. “PEOPLE WON’T LIKE ME IF I HAVE MUCH MONEY.”?Are you worried that you’ll be lonely or scorned for having?money? If so, you’ll struggle to create wealth.
SOLUTION:?Some people wouldn’t like you if you dyed your hair red.?Others would start picking you up if you changed your hair color.?Everything you do may create new friends and lose others. Live?your life in the best way possible, and you’ll have good people?around you.
4. “I’M NOT GOOD WITH MONEY.”?Believing that you can’t manage money will stop you from?accumulating it.
SOLUTION:?Learn how to manage your finances. There are many good?books and websites on the topic. There’s no excuse for anyone not?to know the necessary to handle their money well. You?can learn anything that interests you.
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5. “I GREW UP POOR.”?If you grew up poor or spent a significant portion of your adult?years with little money, you may have become?comfortable with this economic situation. You might not be?happy about it, but at least you know how to manage it.
SOLUTION:?Take a chance on a life with more options and less financial?pressure. You can always go back to your previous lifestyle if?having money isn’t for you.
6. “I’LL HAVE TIME WHEN I’M OLDER TO WORRY?ABOUT FINANCES.”?This is a large money block. Time matters a lot when investing.?Waiting too long to get serious about saving and investing can?ruin your financial future.
SOLUTION:?Find and play around with a savings calculator online and realize?how powerful time and compound interest can be.
7. “I’LL JUST GIVE IT ALL AWAY.”?This is a common symptom of those with money blocks that?manage to accumulate some extra money. It just doesn’t feel?right, so you give it all away.
SOLUTION:?It’s great to be able to help others, but you need to take care of?yourself, too.
8. “I DON’T DESERVE TO BE WEALTHY.”?If you don’t think you deserve it, you’ll struggle to achieve it.?You might believe you’re not smart enough, lazy, or have?the wrong background. Whatever the reason, this is a significant?money block.
SOLUTION:?Realize that you deserve anything you’re willing to work for. Please give?yourself a reason to believe you deserve it.
Can you see how your beliefs about money are negatively a?ecting your ?nances??Most people address their ?nancial issues with a focus on external items, but it?can be more e?ective to address your faulty and limiting beliefs. So, take a look at?your money blocks and resolve to solve them - today. You’ll be glad you did!
Author of the best selling ???????????? ?? ???????? Positive People Leadership Skills You Wish Your Manager Had | Mentor | Leader of positive cultural change | Keynote speaker
2 年Thanks for another great share Darnell Frazier, CPRS?, CCFC, CCFS?, CFEI?
Christ Ambassador & Sales Strategist | Sell Like An Icon!
2 年Excellent points! Money is indeed an inside game!
School Administrator| EdTech Visionary | Empowering Students, Transforming Schools, and Shaping the Future of Education
2 年Thank you Darnell Frazier, CPRS?, CCFC, CCFS?, CFEI?
Dedicated Healthcare Aide |Compassionate Support Worker | Certified - Transitioned into care with great customer service skills and a passion for helping others enjoy better healthcare delivery and support.
2 年Quite insightful. What's the most effective way to clear these money blocks?
I help small business owners maximize productivity and achieve their business goals by providing them with exceptional Virtual Assistance
2 年This is awesome Darnell Frazier, CPRS?, CCFC, CCFS?, CFEI? everyone needs the money talk