Financial Confidence
Tuesday, August 19, 2008
It’s only been seven months since we launched the live version of the Let’sTalk MONEY Game, and I’ve already learned a ton about what makes some people open up about money and get to a new and better place with it, and what keeps others stuck in their old habits.
Let’s talk about what doesn’t work: seeing yourself as deficient, and not in an “I don’t understand the concept of abundance” kind of way. I mean having little to no confidence in your ability to make predictably positive choices with money, or seeing yourself as “One who can’t….”
Who knows, maybe you have all kinds of evidence to support that current vision, but what I do know, from having thousands of conversations about this, is that no matter where you’ve been with money, if you’re committed to being better than you are, then you can be.
Getting good with your money takes self-confidence, and that comes from taking certain financial actions and getting to a positive result, over and over, until you see yourself as “One who can….”
Here’s a simple way to start building your financial confidence:
Identify the most pressing financial challenge you’re having, and boil it down to its essence. Example – “Saving money,” “Spending less,” “Collaborating with my spouse.”
Now, bring new attention to that issue by creating a quality question around it – remember, quality questions create a quality life – starting with the words, “How can I…” Add some accelerator words to give the question meaning and movement, such as “best,” “most quickly,” “more strategically.” Example: “How can I systematically save more money?”
Now march yourself over to our website, and use our Let’sTalk Coaching Steps™ (under the coaching notepad link) to coach yourself on your question. The game instructions are there too, in case you’d like additional tips. Get in the habit of always approaching your financial challenges from a “How can I…” perspective and I promise you will see great results, in your attitude, focus, and confidence.
And while you’re at it, go to www.tinyurl.com/letstalk, join our online community (for free!), and participate in our forums and groups with the great confidence of “One who can…”!
Till next time,
Abundant regards,
Jenifer
p.s. Starting in September, we’ll blog once a month on Let’sTalk MONEY topics, and once a month on Let’sTalk LOVE & MONEY tips. As always, we’d love your comments!
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Yes, I have been teaching my teenager how to act and think abundantly with his money. We’ve been working on him being responsible with his money, which includes putting half of anything he makes into savings and properly managing what’s left in his checking account. I told him the more he respects his money, the more money he will attract. And it’s so true. He has received some contract work over the summer and was just offered his first real job at Izod. His money confidence is increasing dramatically!
I love your posting, Jen. It’s a great reminder that we can always be at cause for both our thinking about money and our current money situation! This has given me a boost to create a “how can I” for a specific challenge I’ve got and instead of hoping it gets better - taking action on it and making it so!