You're not bad with money, you're just making this key mistake

It is easy to get stuck in life. It happens to the best of us.

It is especially easy to get stuck with your money. Falling into the same old habits spending on things that you don't care about, or not saving enough, or not paying off your debt as quickly as you'd like, or not building up assets, or not increasing your income, or being afraid to pursue entrepreneurship because your financial foundation is shaky.

When this happens again and again, the natural tendency is to view these results through the lens of identity. We let our results define us. We think that's just who we are.

We then assume an identity based on these repeated actions and results:

"I'm no good with money"

"I not smart with this type of stuff"

"I'm not a money person"

"I'll never become wealthy"

"I'll never get out of debt"

"I can't figure this out"

The list can go on and on. We start to see ourselves in this light and it puts us in a downward spiral that is extremely hard to pull out of.

We let our results determine our identity and we let our identity determine our future behaviors and actions.

This is one reason why so many people are stuck with money: they live in the past.

Reframing your money story

So how do we overcome this? How can we rewrite our story about money?

It's through realizing that those results are largely a factor of commitment first and identity second.

Consider the following quote from Benjamin Hardy's book "Personality Isn't Permanent"

"Your commitment in life is reflected, 100 percent, by the results you're currently getting. If you were committed to something else, you'd have different results."

Our patterns with money are a reflection of past choices and the correlated consequences. More often than not, those choices, and the subsequent results, are based on our level of commitment, not our identity or ability to achieve.

If you don't have a goal in mind, and commit to that goal, it is likely that nothing in your money situation will improve. Until you are forced to change due to external circumstances (a worldwide pandemic perhaps).

Rather than letting your current results with money define your money identity, realize that the results you are getting in life right now are a direct result of your commitment.

If your results are subpar, then you had low-level commitments.

If you commit to higher goals, your results will change.

It has far less to do with "who you are" with money, and all about your commitment to a specific outcome.

This is amazing news. Do you see why?

You are not stuck with your current results forever. You can simply make different commitments to yourself and you will create a different future with your money.

Create a new "Money Identity"

You can create a new identity based on committed action.

Consider these transformations I have seen firsthand and that you could experience through commitment:

From having nagging debt for years to paying it off in just a few months.

From being stuck with low income to tripling income within 1 year.

From staying in an unhappy job to taking a confident and successful leap into entrepreneurship .

From being afraid of investing to investing confidently and frequently.

From earning a high income, but not building wealth to leveraging high income to create real wealth and lifestyle freedom.

Each of these transformations is a matter of commitment and focus to the goal at hand. Each of these is well within your capabilities to achieve.

If you want to get there more quickly and more effectively, you hire a coach that can shortcut the process for you.

Once you take committed action in one direction, your results will then feed back to you and shape your identity anew. You will create a new and improved Money Identity:

"I am good with money"

"I am smart with this type of stuff"

"I am a money person"

"I will become wealthy"

"I can get out of debt"

"I will figure this out"

Remember, your identity with money can change for the better. Reframe your negative stories about money, take committed action, and watch your identity and results change for the better.

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Are you ready to take massive action to change your money story? Do you have big aspirations and you want to achieve them sooner?

Check out my Client Case Study where I show you how I helped one couple 12x their net worth, get into the Zero % tax bracket, and get on track to retire 15 years early, all while buying their dream house and still going on family vacations.