This morning I attended a talk on ones attitudes, beliefs about money by a local financial celebrity who describes herself as a financial coach.
I have heard her talk before and I must say I love her approach to making people rethink their attitudes and beliefs about money.
She believes that people can actually block the flow of money into their lives through their belief systems around money.
Her tips are very useful I will share 3 of them briefly with you:
1.Identify your belief about money and change it.Example if you were brought up to believe that money doesn't come easy, due to what your parents taught you then this is what will normally manifest in your life i.e money will be hard to get because that's what you believe.
2.The next thing she said that I really enjoyed was this statement: "love your debt!" Now that's a shocking statement to make. What she suggests is to visualize the things your debt has bought you and the amount of debt you are in is just a number. She went on to suggest that one should list their debt and every time you make a payment towards getting rid of your debt you should feel joy. This she believes will increase the flow of money into your life!
Ok so from toady I love my debt :-)
3. The next thing she mentioned that I often nag my younger clients to do is no matter how much debt you are in start to save. How much? Ideally 10% of your net income. Why? This will create a good habit of saving. She recommends that every day you should reflect on your savings.
"Its not what you earn that is important it is what you are worth!"