Wealth Decisions by Brian

Improving Your Relationship With Money


Listen Later

“No thought lives in your head rent-free.” Each thought you have will either be an investment or a cost.

T. Harv Eker

To improve your relationship with money, you need to look at the roots of the beliefs you have about money. Without doing this, you can learn all you can about Roth IRAs, stock investing, or ETFs, but there will still be a piece of the puzzle missing that will hold you back from making the right decisions.

This Episode is for anyone who:

  • Feels anxious just thinking about money
  • Never has felt in control of your money.
  • Maybe feel pessimistic about your financial future.
  • Tend to procrastinate with financial decisions 
  • Thinks they don’t deserve to have money
  • Or for someone who feels they have saved enough but wants to learn to enjoy the wealth they have accumulate

Creating a Money Success Statement:

HOW DO I FEEL ABOUT MONEY?

WHAT MONEY BLOCK HAS COME UP THE MOST?

WHY I WILL BE SUCCESSFUL WITH MONEY GOING FORWARD?

WHAT WILL I DO THAT MOST DON’T?

SKILLS AND TRAITS I HAVE THAT MOST DON’T

ALLOWING STATEMENTS

Whenever you start hearing yourself stating a limiting belief or having doubt, an allowing statement will lessen or remove your doubt. 

STEPS TO CREATE AN ALLOWING STATEMENT:

1. Start by asking yourself if there is anyone currently doing what you want to do or having what you want.

2. If so, how many people have been doing this today?

3. Write your statements in general terms(3rd person), because referring to yourself might create more doubt. 

4. Ensure the statements are plausible

Ex. Ideal Financial Situation:

-To be making 150k per year

-Have 250k saved in retirement accounts

-Saving 20% for the future

ALLOWING STATEMENTS

  • Hundreds of thousands of people are making 150,000 per year
  • Somebody reached their goal today of having 250,000 saved
  • More and more individuals are finding creative ways to earn more income
  • Someone got a big promotion today- I can work toward that too
  • Thousands of people check in with their money every day, and are feeling better about their current financial situation.

Financial Success Statement

I have identified my money blocks and commit to becoming better with money today and every day going forward. I will check in with my money each week and set goals to make progress each month.

Conclusion:

Remember, you are in control of your finances. Believe in your worth and find ways to be grateful for the stage of life you are at and where you are headed.

Book: "Secrets of a Millionaire Mind" by T. Harv Eker

Kansas State University Study

Pre-order my new book "Momentous Decisions: 7 Steps to Better Health, More Wealth, and a Richer Life" at:

⁠⁠⁠⁠https://www.momentouswealthadvisors.com/book

To see what it would look like to hire me as your fiduciary financial advisor go to:

⁠https://www.momentouswealthadvisors.com/newclients

To schedule a Discovery Call go to: 

⁠⁠⁠⁠⁠⁠https://www.momentouswealthadvisors.com/contact⁠⁠⁠⁠⁠⁠⁠

To download your complimentary Money Success Statement Worksheet go to:

⁠⁠⁠⁠ https://www.momentouswealthadvisors.com/money-success-statement

⁠⁠⁠

Brian D Muller(AAMS©), Founder, Wealth Advisor

Podcast Disclaimer:

The Wealth Decisions Podcast is provided solely for general information purposes and should not be construed as accounting, legal, tax, or any other professional advice. Visitors are advised not to act upon the information or content found here without first seeking appropriate guidance from a qualified accountant, financial planner, lawyer, or other relevant professional.

Please note that any federal tax advice is not intended to be used to avoid penalties under the Internal Revenue Code or to promote, market, or recommend any transaction or matter addressed herein. It is important to ensure compliance with the requirements imposed by the IRS and Circular 230. 

We strive to ensure that the content published on the Wealth Decisions Podcast is accurate and up-to-date. However, we cannot guarantee the accuracy, timeliness, or relevance of any of the information provided. We are not responsible for any information present on the Wealth Decisions Podcast and disclaim any liability for the accuracy, completeness, or reliability of any information. This includes but is not limited to, any errors, omissions, or misleading or defamatory statements.

Takeaways:

  • The Wealth Decisions podcast seeks to assist individuals in making informed wealth decisions, aiming for a richer life.
  • Our beliefs about money significantly influence our financial behaviors, shaping how we save and spend.
  • Identifying and addressing outdated money beliefs is crucial for enhancing one's relationship with finances.
  • A money success statement serves as a powerful tool to redefine one's financial mindset and goals.

...more
View all episodesView all episodes
Download on the App Store

Wealth Decisions by BrianBy Brian D Muller (AAMS©) (BFA™)