Thoughts drive our behavior.
When you think about doing something, you're obviously more likely to do it. Additionally, what you think about your life, your friends, your family, and your circumstances has a tremendous impact on your financial success.
What you tell yourself matters. Believe me, I know.
When I came back from serving overseas, things weren't easy. I was telling myself things that I shouldn't have been telling myself. These thoughts weighed on me, and they could have affected my financial success.
Thankfully, I soon learned the power of stepping back and looking at the thoughts that were running through my mind. Doing this allowed me to critically examine my thoughts, and replace them with better ones.
I'm sure you understand what I'm talking about. If not, you're probably not human – no offense.
Today I'd like to share with you a few daily thoughts that can help you boost your financial success. Write them down on sticky notes and attach them to your computer monitor, your refrigerator, or anywhere else you visit frequently.
Ready for a mental boost? Let's do this.
1. “My financial situation can change for the better.”
If you're under the weight of crushing debt, have just gone through a nasty divorce in which you owe alimony, or lost your house to a fire without the support of insurance, it can be difficult to see a light at the end of the tunnel.
But remember, just because your financial situation looks bleak, that doesn't mean it will always look like armageddon. Time and effort can change things.
If you sincerely believe that you'll always be in debt, you'll always never be able to afford the alimony, or you'll always be renting and never own a house again, you'll probably always be right.
Think about it. If you don't believe your financial situation can change for the better, why would you take the steps necessary to change your financial situation?
Boom. Mind blown.
Remember: If you feel fate will keep you muddy in the ditch, then muddy in the ditch you will remain.
Your financial situation can change for the better. You have to believe you can make a change in your life. If you struggle with the idea of making a change for yourself, grab onto the fact that your family and friends need your support. They are counting on you.
Join the Money Uprising Movement™ and find hope. It's all about believing you can improve your financial situation and taking action. You can do this.
2. “I can have little and still be content.”
Materialism is spreading through our country like a virus. America, I feel, is thoroughly infected by it.
When will we ever learn to be content with our belongings? If you have just one flat screen television, that makes you a rich person, my friend.
But what if you don't even have that? What if you have a few books on the shelf, clothes on your back, and a roof over your head? I'd argue you can still learn to be content. And if you do learn the art of contentment, you'll find that all that extra stuff you've been wanting really doesn't matter much anyway.
By saving money through contentment, you'll be able to boost your financial situation in ways you never thought possible. You'll be able to put more money into retirement savings, help your children attend college, or give to a good cause.
3. “It's okay to take reasonable risks.”
A long time ago I knew a woman who decided to take what her mother considered to be an unreasonable risk. Helen took out a personal loan to launch a brand new business.
She was making a decent living selling cosmetics, so her mother just couldn't understand why she'd take such a risk when she could have just kept on selling cosmetics to make a stable income.
I can understand her mother's concerns. But you know what? Helen's mother isn't Helen. Helen is Helen. Helen knows herself and her intentions better than her mother. And you know what? Helen was right.
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Today, Helen has made millions with her business – and it all started because Helen took a reasonable risk, not a foolish one.
Granted, sometimes it is difficult for us to determine what's a reasonable risk and what's an unreasonable risk. Sometimes, it's best to get the advice of our friends and family.
However, it might be better for us to get the advice of an unbiased third party – like a financial advisor. Generally speaking, a reasonable risk is one that won't bankrupt us if our idea falls apart. Risk a fraction of your finances, not the whole of them.
If you're not used to taking risks, it's going to be scary when you first try.
Overcome your fears and push the boundaries of what you thought possible.
It's a good daily thought that can boost your financial success. In fact, it's one of the ways you can think like a millionaire.
4. “I can learn new skills through discipline.”
No doubt, you've heard of a stay-at-home mom going back to college to earn her degree. Perhaps you've heard of a man who changed his career as he was nearing retirement age. Maybe you know of someone who read books for hours and learned how to start a new online business.
You know what all of these people have in common? They believed they could learn new skills through discipline. The key word here is discipline.
In order to learn new skills, you have to dedicate yourself to learning them and fight hard to lock them into memory. It's no easy task, and that's why so few people try to learn new skills – especially if they have something already that's “working” for them.
Now, you don't have to dive head first into BASE jumping – that's just plain stupid. Take time to learn. Take the steps necessary. Ease into it. And perhaps try something new other than BASE jumping – for me.
This, my friend, boosts your financial success. Go learn something new!
5. “If someone's holding me back it's likely to be myself.”
It's easy to blame our lack of financial success on others or our circumstances. Here are some common excuses:
- “I didn't go to college and can't afford it – I'll never amount to anything.”
- “The man is holding me down. I just can't beat the system, bro.”
- “Government is a business killer. Who can afford the taxes?”
While life's circumstances do present obstacles, they can typically be overcome. If that's the case, then what's really holding you back from financial success? Dare I say it's you?
When you dwell on all the reasons your goals are difficult, you're disabling yourself from taking action. It's like the elephant who has had a chain on his leg for years. While he couldn't move with the chain, eventually it was replaced with a string. The string was easily breakable, but the elephant didn't have the insight to see that now was his opportunity to escape his captivity. He thought the string was as strong as the chain – and he was wrong.
How about you? Are you looking to escape your circumstances? Are you sure that the things that held you back in the past are holding you back now? Are you certain that you were ever held back by anything other than your own negative thinking?
If you're starting to see that the wall you're trying to break through is the one you've built, don't worry, you're not alone. Countless people build their own walls and blame the brick-maker.
My goal is to show you that you don't have to hold yourself back. The future is a blank slate. You just have to write the story.
I challenge you to keep these thoughts in your mind as you go throughout your day. Don't forget them. Do what I said and write them down. Meditate on them. Your thoughts have a tremendous impact on the degree of your financial success. Train yourself to think positively and transform your mind. You'll be better off for it.