Whether you’re aware of it or not, we all have a deep-rooted relationship with money that dictates our ability to create and hold on to wealth.
Often-times it’s a money mindset that started right back in childhood and was inherited by the nearest and dearest around us. Cast your mind back… what were some of the stories surrounding money that you heard growing up?
I’m sure you’re familiar with the old classic, “Money doesn’t grow on trees”.
Or “More money, more problems”.
And it’s no wonder so many of us have grown up with a money complex when money has been perceived as ‘the root of all evil,’ while, ‘the rich get richer, the poor get poorer!’
On top of that most of us were not allowed to ask questions surrounding money as it was rude OR frowned upon.
Beliefs That Run Deep
These subtle underlying beliefs then inadvertently get passed down to our children and the negative money cycle repeats itself into the next generation. We then wonder why we don’t have the wealth we’d once imagined we’d have by a certain age or stage of life but if you don’t have a healthy relationship with money, how do you expect to maintain it and grow it?
If we strip it right back and take the emotions out of money, we can start seeing it for what it really is – a tool. We can use money in the same way we use any other tool. Take for instance a hammer – now a hammer could be used to destroy something and do a lot of damage, or it could be used to build something really amazing and of high value. The hammer could work for you or against you and the same goes for money.
Step 1: Awareness
The first step is to recognise what our relationship with money really is. What are your money patterns? What stories did you hear growing up? Do you have issues around budgeting and saving money or do you spend it as soon as it drops into your bank account?
Awareness around our own thoughts and behaviours is key.
Step 2: Be Willing To Do The Work
The second step is to consciously work on changing our mindset. And I say work, because just like any other relationship it’s a two-way street that you have put effort into in order to co-exist harmoniously.
For example, I have a little mantra that I’ve been using for years, and it goes something like this…
“I love money and money loves me. Money flows towards me effortlessly and in ever increasing amounts.”
Even when my children were young, I’d be dropping them off to primary school, and we’d sit in the car and repeat this mantra and we drove – now you might be thinking, “Sue that’s dreadful!” But you know what, by repeating this mantra and being open about money my kids all have a really healthy attitude around it.
In fact, I was recently talking to my son who’s 25 about some stuff he’s doing and questioned if he would have enough money to do it. I’ll never forget – he turned around and looked at me with such a scornful look on his face and said, “Mum. I love money and money loves me…”
And he just repeated the whole mantra and we cracked up laughing.
The Path To Financial Freedom Starts In The Mind
The moral of the story is if you can’t manage the money you have, or if it causes you to stress or you can’t seem to hang onto it, then you could subconsciously be pushing it away.
Maybe you know some rich people who are, well, wankers (excuse the language), and that has put a bad taste in your mouth?
Either which way, you deserve to be financially secure and that starts by getting your relationship with money right.
Having the right money mindset is something we address with all our potential investors before we even start the property investment process. It’s an essential ingredient to creating long and sustainable wealth.
Break-free And Gain Financial Security
If you’re interested in learning more about how you can break-free from your negative money belief patterns and start building a lucrative property portfolio that can lead to real financial freedom, then book yourself into our next free property investing seminar.
Here you’ll have support from experts who have been where you are and changed the trajectory of their future which is now brimming with an abundance of security and financial reward.
Spaces are limited so book now to secure your spot.
Sue Irons
Positive Real Estate New Zealand CEO