“Money is nothing more than a means to measure the exchange of value between people.”
~ Tony Robbins

Many of us have pain associated with wealth in an approach/avoidance dance. Due to events from our past, we can call them “wealth wounds”. There can be a lot of sensitivity around financial issues and therefore if these wounds don’t heal, it’s impossible to get a ton of financial resources.

Generally speaking, poverty and scarcity bring out the worst in people and abundance brings out the best. People living in poverty tend to have the highest criminal records, the most drug use, and the most unhappiness. Being one of the group of constantly broke people doesn’t help you or the group. You can do more good by getting rich so you can give back.

There are seven reasons why most people never make it financially.

1). They associate negative things with having or earning money. Remember, the past is not the same as the future.

two). They do not establish having an abundance of money as an absolute necessity. Unless we decide what is a necessity, not an option, how can there be any improvement?

3). Having an effective wealth building strategy is non-existent for them. To condition yourself to great wealth, you must develop strategies to

• attract money into your life
• manage your dollars
• sharing your money, which will give you a lot of happiness

4). They are unable to consistently meet their financial goals. Finding ways to make your money work for you, like taking advantage of compound interest, which can take a lot of pressure off you if you have time to watch it grow.

5). They rely too much on “experts”. There is no one who cares more about your money than you. Experts are valuable, but you have to watch your money and taxes. If you make mistakes in this type of decision and planning, the final responsibility will be you, not your professional.

6). They become financially complacent. Many people take their wealth for granted. Anything you stop using, you will lose. It is a good idea to keep in mind that if you do well with what you have, you will be able to get more, and if you do not actively create wealth, what you have will be taken from us. Don’t look at what you have.

7). They allow financial challenges to go from bad to worse to financial ruin. Most likely, the path to riches is not a straight line. If issues arise, stay in the game and ask good questions to help get back on track.

Be willing to transform crisis into opportunity. By having financial faith, you can learn from the situation and find even more opportunities.

The assignment:

Get a financial checkup to uncover your “wealth wounds” so you can heal fast:

1). Ask yourself to make a list of the beliefs you have that are holding you back.

two). Is there a specific amount of money that is absolute? HAVE TO? Is this number the “must” for your life, or is this number the ability to live comfortably paying your current bills?

3). “Never leave the site of setting a goal or making a decision without taking some action towards its fulfillment. Make sure you take some action to put yourself on the road to financial mastery.

4). Find something in today’s session to start feeling like you’re making progress. Remember, small actions lead to a pattern of habits that can ultimately be used to create the financial freedom we all deserve.

5). You can make a list of financial terms or aspects of financial management that are not fully understood. Find the people or resources that can provide answers about these things.

6). Remember we talked about complacency? Write a paragraph about “why” you will stick with your plan and avoid complacency. Acknowledge the excuses you used in the past. Domain is the only option now.

7). Ultimately, what frees us from fear is the belief that we are much more than anything that can happen to us financially. Write down one or two situations that seemed very difficult to you and that you have overcome. Remember that you have the ability to turn challenges into success.

Sometimes our “wealth wounds” are too sensitive to try to heal, but the good news is that there are ways to heal them. One way is to find someone who has successfully gotten to where you’d like to be. You can “pattern” your example by finding out exactly what they did and then following that pattern.

Taking the time to do these exercises will teach you more about yourself. Fine-tuning the skills in this lesson will give you additional ways to set yourself up for success.

Ahead.