Most people seem to think that their ability to make money, increase their income, or build wealth is dependent upon the state of the economy. This couldn’t be further from the truth. Truth is, the economy is largely dependent upon people’s common perception or belief about money – whether to spend it, save it, or increase it. This perception or belief in turn, determines their actions.
It is this belief that you individually hold in your mind regarding money that will determine your actions, your level of income, and the decisions you make about how you will use your money, and how you handle your money. In fact, how you manage your money will determine if you are a “spender” or “saver.”
If you listen to most financial experts in the news, they will give you “external” reasons why the economy is this way or that. They will give you a list of do’s and don’ts on how to make money or solve your financial problems. But, they are temporary solutions to a much deeper problem.
Making money and building financial success is directly tied to your beliefs about money, which in turn, determines whether you make the right decisions that make you money, causes you to be debt-free, increase your income, or build wealth. Everything that has to do with money is a direct result of what you believe about money, and what you have been exposed to regarding money.
Your beliefs about money influence the way you handle and manage money, and whether you make decisions that will increase it or decrease it in your life. Proof of this can be seen with lottery winners. With the millions of dollars they win, most lottery winners end up at the same financial level where they were before they won – mainly broke! What you believe about money and your mindset about money will determine if you are economically healthy in a good or bad economy. You are economically healthy when you have the amount of money you need, including a surplus to do what you want, when you want.
If you want to make money, increase your income, or change your financial condition, you must change your mindset or beliefs about money. It’s just that simple. If you don’t, no matter how hard you try, no matter how much willpower you use, and no matter what ideas you come up with to make money, it won’t happen.
You may think your idea is the greatest thing since sliced bread, but if you have negative money beliefs, you will more than likely carry it out the wrong way, or it won’t produce long-term success. You will eventually return to the same financial level or condition before you implemented your idea.
Another person who has a success-consciousness can come along, and take the same idea, and he will get rich, and continue to do so, for as long as he wants. That is why your finances constantly fluctuate between you having money, and not having money. That is why you often see people in the same business, in the same location, selling the same product, and one will be successful and the other won’t. It all has to do with what you really believe about money.
If you don’t change your mindset or beliefs about money, any success or money you have will not last long.