The Major Obstacles to Financial Freedom & How to Overcome Them [Special Offer Inside]
There are many major mental obstacles that deter financial success. The most common reason is that some people believe, for whatever reason, that they don’t deserve to be rich. Now, I know some of you may be asking, why is that?
Some people, including myself, have been raised with a steady drumbeat of destructive criticism. This has led them to conclude, at an unconscious level, that they don’t deserve to be successful and happy.
Of course, this is untrue. Yet, this negative way of thinking can lead to destructive financial habits. These habits can be hard to break.
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Change Your Attitude Toward Money
Negative experiences in childhood, which are all too common, can have terrible effects. For example, when people actually do succeed as the result of hard work, they feel guilty.
These guilt feelings then cause them to do things to get rid of the money, to throw it away. They spend it or invest it foolishly. They lend it, lose it or give it away. They engage in self-sabotage. It can come in the form of overeating, excessive drinking, drug usage, marital infidelity and often dramatic personality changes.
To change your results with money, you have to change your attitude toward it. You have to make a habit of seeing money as something positive.
The fact is that money is very much like a lover. It must be courted and coaxed and flattered and treated with care and attention. It gravitates toward people who respect it, value it and are capable of doing worthwhile things with it. It flows through the fingers and flees from people who do not understand it, or who do not take proper care of it.
See Yourself as Deserving of Money
Sometimes people say that they are not very good with money. But being good with money is a skill that anyone can learn through practice.
Usually, saying that one is not very good with money is merely an excuse or a rationalization. The fact is that the person is not very successful or disciplined with money. The person has not learned how to acquire it or to hold on to it.