Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Sunday, 5 August 2018

Reprogramming Your Unconscious Mind

Reprogramming The Unconscious Mind
So how do we go about reprogramming the unconscious mind? 
How does the mind get programmed in the first place?
The events in our early years have the greatest influence over us in many cases. If we received powerful ideas which came at a time when we didn't have the ability to critically analyse what we were being told, we would have accepted the ideas without question.
Many of our most deeply held beliefs come from our parents and our culture. Even our grandparents have brought their heritage into our lives in some way.
Powerful beliefs based on real life experience will have made their way into our subconscious mind. As we grow older, we develop the ability to be critical of new ideas and concepts. This becomes a filter for the subconscious mind. However, we often still carry old, outdated ideas about money, life, work and relationships with us from our childhood.
If our parents struggled financially, for example, there's a strong change that we developed some negative ideas around money. This can become a belief and hold us back in life when we want to move forwards. If we've picked up some negative emotional baggage around finances, you can bet that they will be holding you back from making more money.
But how do we change these ideas, if they are rooted in our subconscious mind, out of view? 
One answer is to start observing how you talk and think about the subject you are attempting to change in your life. 
What do you say about money, work and yourself? Your ideas around money will lightly stem from your beliefs around money. If you have a negative belief from your childhood around money, you're probably creating a blockage. 
To change this, you can route it out and stop giving it more energy.
Use an affirmation to use in place of your negative belief. 
For example, if your rhetoric around money is something like "You must work hard for money", you can replace it for "money comes easily and frequently". 
By repeating mantras which are contrary to your old beliefs, you can loosen the effect of your old beliefs and replace them with the new ones.
Think about how often you have repeated to yourself or someone your old view on money or on what you need to do to earn it. Over the years, this becomes a belief which you cling to as if your life depended on it. But what if it was a lie? 
Creating a new belief will take some time. You need to counteract your old belief by repeating your new affirmation over and over.
You can also use meditation to learn how to quieten your mind. 
This can have a two fold benefit. Firstly you can notice your inner dialogue much better. By watching your mind, you can see exactly how you continually talk to yourself. This inner dialogue feeds into your subconscious mind and creates the cornerstones of your belief system over time. Listen to what you say closely if you want to change things in your life. Replace limiting beliefs with new, more empowering ones.
Your self image too, is responsible for many of your ideas about what life has to offer you. Self image is a powerful focus for your unconscious mind. It controls how you think about yourself. If you consciously want something, but unconsciously you don't believe it's possible, your unconscious belief will prevail.
Or, if you consciously want something but don't believe you're worth it, you'll find ways to sabotage your conscious efforts to prove yourself right. Then, you'll justify not achieving your desired outcome in some way which agrees with your self image and prevailing mental attitudes.
This is why reprogramming the unconscious mind can be so powerful. Your subconscious mind has a large part to play in your life's decisions and outcomes. By reprogramming your subconscious mind, you can change things from within far more quickly and easily, than by struggling against a negative belief system and only acting on the 'outside' in the physical and conscious world.



by Tim Halloran: source

Sunday, 29 April 2018

3 Money Habits Separating Rich From Poor

3 Money Habits 

That Separate the Rich From the Poor


It all starts with the same amount of money
Just a different philosophy

Here is an exciting thought! Why not work full time on your job and part time on your fortune? And what a feeling you'll have when you can honestly say, "I'm working to become wealthy. I'm not just working to pay my bills." When you have a wealth plan, you'll be so motivated that you'll have a hard time going to bed at night.
So if you will indulge me, I would like to share a simple formula for creating wealth. Here’s my thought on how money should be allocated.

The 70/30 Rule

After you pay your fair share of taxes, learn to live on 70 percent of your after-tax income. These are the necessities and luxuries you spend money on. Then, it’s important to look at how you allocate your remaining 30 percent. Let's allocate it in the following ways:

Charity

Of the 30 percent not spent, one-third should go to charity. Charity is the act of giving back to the community and helping those who need assistance. I believe that contributing 10 percent of your after-tax income is a good amount to strive for.
The act of giving should be taught early, when the amounts are small. It's pretty easy to take a dime out of a dollar. But it's considerably harder to give away a $100,000 out of $1 million. You say, "Oh, if I had $1 million, I'd have no trouble giving $100,000." I'm not so sure. $100,000 is a lot of money. Start early so you'll develop the habit before the big money comes your way.

Capital Investment



With the next 10 percent of your after-tax income, you're going to create wealth. This is money you'll use to buy, fix, manufacture or sell. The key is to engage in commerce, even if only on a part-time basis.
So how do you go about creating wealth? There are lots of ways. Let your imagination roam. Take a close look at those skills you developed at work or through your hobbies; you may be able to convert these into a profitable enterprise.
In addition, you can also learn to buy a product at wholesale and sell it for retail. Or you can purchase a piece of property and improve it. Use this 10 percent to purchase your equipment, products or equity—and get started. There is no telling what genius is inside you waiting to be awakened by the spark of opportunity.

Savings


The last 10 percent should be put in savings. I consider this to be one of the most exciting parts of your wealth plan because it can offer you peace of mind by preparing you for the “winters" of life. Let me give you the definition of "rich" and "poor”: Poor people spend their money and save what's left. Rich people save their money and spend what's left.
Twenty years ago, two people each earned a $1,000 a month and they each earned the same increases over the years. One had the philosophy of spending money and saving what's left; the other had the philosophy of saving first and spending what's left. Today, if you knew both, you'd call one poor and the other wealthy.
So, remember that giving, investing and saving, like any form of discipline, has a subtle effect. At the end of the day, the week, the month, the results are hardly noticeable. But let five years lapse and the differences become pronounced. At the end of 10 years, the differences are dramatic.
And it all starts with the same amount of money—just a different philosophy.

By Jim John: source

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