The REAL question is — how do you create Financial Freedom?
The first thing we need to make clear here is the miss conception about Financial Freedom, it does not mean being wealthy. What it means is being free from financial stress. That is what I strive to get all my clients to and beyond. There is an almost unlimited number of different tactics and strategies to get there, so where do you start? Where do you focus your time? Lets get real, you don’t!
As humans our brains are not trained for long term planning. Don’t believe me? here’s an example. New Year’s Resolutions, Researchers have looked at success rates of peoples’ resolutions: the first two weeks usually go along beautifully, but by February, people are backsliding and by the following December, most people are back where they started, often even further behind. Why do so many people not keep their resolutions? Are people just weak-willed or lazy?
Approximately 50% of the population makes resolutions each New Year. Among the top resolutions are weight loss, stopping smoking, better money management and debt reduction.
But, resolutions are a form of “cultural procrastination,” an effort to reinvent oneself. People make resolutions as a way of motivating themselves, they aren’t really ready to change their habits, particularly bad habits, and that accounts for the high failure rate. Another reason, is that people set unrealistic goals and expectations in their resolutions.
I call this “false hope syndrome,” which means their resolution is significantly unrealistic and out of alignment with their internal view of themselves. This principle reflects that of making positive affirmations. When you make positive affirmations about yourself that you don’t really believe, the positive affirmations not only don’t work, they can be damaging to your self-esteem.
Do You Have a Money Disorder?
Just about everyone has a complicated relationship with money. Studies show that money is the no. 1 reason for divorce in the early years of marriage and a common area of conflict for couples. Even before the recession, 3 out of 4 Americans identified money as the no. 1 source of stress in their lives. Financial strain has been found to reduce relationship satisfaction, worsen depression, and lead to emotional problems, health difficulties, and poor work performance. With record high debt and record low savings rates in the years leading up to the 2016, the average American seemed to suffer from a money disorder.
Money disorders are persistent patterns of self-destructive and self-limiting financial behaviors. They result from distorted beliefs about money we develop from our financial flashpoint experiences. Financial flashpoints are painful, distressing, and/or dramatic life events associated with money that are so emotionally powerful, they leave an imprint that lasts into adulthood. Financial flashpoints become the foundation of our financial struggles.
Whether it’s a childhood of poverty or want, a message about money subconsciously internalized from a parent, a nest egg lost to an economic downturn later in life, or someone rushing in at the last moment to save the economic day, everyone has experienced a financial flashpoint in their lives. Recognizing them is the first step in stripping them of their power, and overcoming our money disorders. Then we can learn to identify our money beliefs, spot them when they are creeping into our minds, and revise them into healthier, more productive ones.
The fact is, you will never accomplish your goals in life if they don’t inspire you. That’s why I am your inspiration. I am the driving force behind your growth. I use financial therapy and money management skills to get you to your goals in life.
Yes, that’s right I do it by understanding my clients, meeting with them on a regular bases, and befriending them, doing home visits to better understand their home lives and then the both of us can start making changes to direct you down a much better path.