It’s easy to believe that money causes problems. We see the lottery winner going through his or her winnings in less than a decade. Then they end up how they started: Dead broke. We see movie celebrities and superstar athletes who ink eight-figure deals only flaunt their wealth and spend their money on frivolous things. They dwindle their wealth down to six-figures or less.
We ask how they can lose so much money in such a short time. It’s hard to avoid concluding that money causes more problems that it’s worth.
We of course wonder if the same thing will happen to ourselves, given the opportunity. It’s likely we think, “Nope, this will never happen to me! If I came across several million dollars, I’ll be sure to save it and invest wisely.”
But is this really true?
Money Is An Amplifier
Money is an amplifier of what already exists. If you’ve always enjoyed helping people, then money will amplify your service to others. In many cases, money can increase how many people you can help and decrease the time it takes to help them. After all, there’s only one of you.
Likewise, if a person has always been a terrible person, then money just amplifies the terribleness. Money is just an object with no intrinsic value. It has an extrinsic value. The extrinsic value is that which we apply to the idea of money. After all, money can be bits of metal, seashells, bundles of paper, or just a number on your computer screen. Most of the time, the cost it took to print the paper money you hold in your hands is less than the actual tendered value.
This is just another way of saying that our prosperity and our problems are of our own making. When we stop blaming our issues on money or other external factors, we start realizing the source of our malaise and misery has been from within all along.
Our external world is a reflection of our internal one. It’s so easy to blame external factors, like people and circumstances for our current station in life. Blame is tempting because we can then say we are powerless to do anything about the situation.
While it’s true that most things are beyond our control, you can still control the small percentage that is within your locus of control.
Your beliefs about money is just a reflection of your belief about the world. People believe in things about money that are falsehoods. They believe that they can never afford something, that the only way the rich became wealthy was through stealing, and that money tore their family apart.
These beliefs about money only cause us to repel money as soon as it comes into our lives. The wealthy instead ask themselves, “How can I afford it? How can I make the money to get what I want?” This of course means making the money through honest means, which shatters the myth that the rich stole their riches.
Money Causes Problems
If you want more wealth and the freedom that being financially secured afford, then it’s up to you to change the stories you have around money. This happens with an increased awareness that many of the current beliefs you have about money may be wrong.
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The best financial advice in the world will fail you if you have bad mindsets around money. What are some examples of bad money mindsets? Investing is only for the rich. I can never afford that. Money is the root of all evil.
I had many of the same money mindsets that you may now have. Through a concentrated effort, I was able to change most of these around. In the process, I transformed from a clueless guy–feeling like he’s barely making it–to someone who’s achieved a measure of financial freedom.
I invite you to get your free gift, 7 Money Mindsets Preventing You From a Positive Cashflow, today.
Discover the 7 most common myths (false beliefs) around money that’s keeping you from having more money!