Do you want to be free from the constraints of money? Providing great experiences and opportunities for your family without worrying about how much everything costs?
If so, you need to take a good, hard look at your money patterns. Money patterns, or the habits surrounding your finances, are either keeping you broke or they are fulfilling your prosperity in life. These habits might be below your level of conscious awareness, but regardless, they are having a huge effect on your life.
Recognising Your Money Patterns and Behaviours
For things to be different, you have to be different. And to be different, you have to realize and recognise your habits.
- Are you more prone to creating or consuming? If you aren’t creating, the same energy that you would have used to create will be used to consume. Pay more attention to this if you want to change your life.
- Are you thinking about the “now” or the future? Become more future-minded. Think about six months to a year in the future. It’s not too far ahead, but it’s long enough to start transforming your finances and life.
- Are you putting all your time and energy into working for an employer, but you want the freedom of being an entrepreneur? Choose the right business, make an upfront investment to get in the business, and you’ll end up with much more potential than you could ever have in a job where you’re working under an employer!
- Are you prioritizing continual self-education or personal development? When you’re focused on learning, your potential for earning increases!
- Are you surrounding yourself with people who are successful and making good decisions? If so, it will start to rub off on you. Look for people who support and don’t undermine you. You’re not looking for unhealthy competition, but for people who are on the same positive path that you are on.
You can be successful and have conscious control over your life by taking control over money. Stop frittering money on the little things and invest it into something that ultimately will make you more money. You don’t want to end up where life gets most people, because most people are broke. You want to end up in a place where you don’t have to worry about money as you get towards retirement age.
So, think about it today. What are your money patterns? Where did you learn your money patterns? What are unhealthy aspects, and what are some good aspects of the way you handle your money and finances? And most importantly, what can you start changing so that you transform your money patterns—and your life trajectory—for the better?
Highlights from This Episode
- Shane and Rachel talk about past money mistakes that became patterns for them. 2:00
- Money patterns that make most people poorer. 6:40
- What is future gratification and why is it so great? 10:10
- Can fitness and exercise actually help your business? 17:00
- What happens when you consciously choose your level? 26:00