“How To Use Your Money Problems As A Tool To Building Wealth”!
Introduction
People blame their money problems on external factors.
They play the blame game.
We are "a set of memorized behaviors, unconscious habits, beliefs, biases, and attitudes (real or imagined)."
Neuroscience has found that we have between 60,000 and 70,000 thoughts per day, with over 90% of them being the same thoughts we had the day before—that are influenced by our family, the way we were raised, our friends, and the media we expose ourselves to.
Your life is a reflection of how you think.
Your Life Reflects Your Thoughts:
The first step in getting your money under control is getting your thoughts under control.
Do not believe every thought that comes into your mind, because many of us lie to ourselves.
In order to change your life, you have to stop thinking the same thoughts by becoming aware of your unconscious thoughts and behaviors. Turn the negative ones into positive ones.
Excuses Don’t Create Success:
Bad things happen to all of us. However, if you use these bad things as an excuse for your failures, you will go nowhere in life.
Yes, despite disadvantages, some people—because of a particular set of values, who believe they are in control of their lives to develop skills and work hard to escape their situations and become rich.
For example, Madam C.J. Walker, who was born into slavery, escaped poverty and became not only the first woman but also the first person of color to become a millionaire.
She did this in a time when there were only about 5,000 millionaires in the entire country.
On the other hand, Madam C.J. Walker’s daughter, who was given many advantages that others do not have, los her family fortune.
Some people, even though they were seemingly given every advantage in life, still ended up broke.
Why?
Unless a wealthy family instills a certain set of values in their children the family on average will lose their fortune in 3 generations.
Use Financial Hardships To Get Rich
There is a quote that goes something like this tough times create strong men, strong men create good times, good times create weak men, weak men create hard times. - this is a cycle of about 80 years of how families go from wealth to poor.
Hardships are what give people the drive to get rich and or get their money under control.
The people who say money is not important, or that money does not buy happiness has not experienced the pain that lack of money can give us.
Nothing brings us as much joy or misery as our romantic relationships. however, the #1 cause of arguments in a romantic relationship and divorce in a marriage is over money issues.
The Success Sequence:
There is an idea known as the “success sequence” that was written about by Brad Wilcox that people can largely avoid poverty by doing three things:
You may not like this idea, you may say it is unfair, you may get upset about it however, you can't argue with facts
There are many things in life that you may not like and are unfair in your opinion, that may hurt your feelings but if you want to win you have to play by the rules of the game.
Facts do not care how you personally feel about them.
These 3 things are:
1) Finish High School.
2) Have An Income.
3) Don’t have children without being married.
You may have followed these 3 rules, but still may feel like your money is out of control.
People in America are not poor no matter how you feel about it. The problem is much of our money problems are self inflicted and may want a higher standard of living than you are ready for and thus go into debt.
Conclusion:
You were not born knowing how to walk, talk or even how to drive a car were you? These are all areas of your life you got under control when you needed them.
Money is just like every other skill in life you must learn how to earn it, spend it, and grow it.
If you don’t, your money problems can get out of control.
One more thing, stay healthy, have a great day and I'm glad I could help you.
