Coaching Around Money
Tuesday, February 13th, 2007While we were growing grow up we all heard a lot of messages about money, like
- Money doesn’t grow on trees.
- We can’t afford that.
- I’m not working hard enough
- We might be poor but at least we’re honest.
- You only get rich by taking advantage of others.
- a s**t-load of money
- stinking rich
We don’t have to hear these exact phrases, it’s enough to grow up in an environment of people and media are who entertaining those kind of thoughts. The idea will inevitably permeate our lifes and our own thinking. The media are very successful in creating all kind of rich and loathworthy characters.
Have a look what concepts are expressed above:
- scarcity - there is not enough money for everybody
- you have to deserve what you get
- people who have money are bad
- money is dirty
If you deep in your hearts believe that rich people are evil, and at the same time you desire to be a good persons (as most people do), there is an instant conflict when you want to be rich. Or only have a certain level of abundance around you.
I personally know people who earn six-figure incomes and are ‘broke’ all the time. They spend every dime they own, and once the income stream would stop flowing - things can happen - they would be broke the next month.
Although they desire to be millionaires, it will probably never happen. In the heart of their hearts they don’t want to be rich, because that would mean they show signs of evil. As ridiculous as it sounds, it works very reliably for them.
Lottery winners are also good examples that a sum of money has to match the mind of the holder to stay. Studies show that most lottery winners are not only broke a few years after they came up with the right numbers, they are also likely to be in debt.
As coaches, if we come across money issues the client want to talk about, it makes sense to elicit their beliefs about money and rich people, and and least create some awareness around it. Before somebody is able to amass a larger sum of money, negative beliefs around money have to be changed to positive ones.
In case you want to read good books around this topics, reach out for Harv Eker’s Secrets of the Millionaire Mind: Mastering the Inner Game of Wealthand Maria Nemeth’s The Energy of Money
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Frank