Posts Tagged ‘Money Story’

Living in the Past Lane

Living in the past?

Are you living in the past, present or future?

 

Past performance is not indicative of future results…

This standard disclaimer applies to many investment vehicles. It typically does not apply to human behavior. We are creatures of habit and tend to do the same thing – even when it becomes painfully obvious that it is not working.

The past often provides clues about our present.  If we seek change, it is fruitful to spend a few moments sifting through the past. What were our financial circumstances growing up? Were we raised with an abundance or scarcity mindset? How was money talked about (if at all)? What are our beliefs about money? As children we adopt the belief system of our parental units or caregivers. These beliefs become part of our operating system when we grow up. Unless we look at our beliefs, we hold on to some ideas that are not consistent with our current reality. Those beliefs limit our future reality.  When we continue to believe that money does not grow on trees, we miss out on the opportunity to become an orchard owners or to enjoy the fruits of our labor.

There is a deep-seated fear in our culture about having limited financial resources. That fear paralyzes us and keeps us on the sidelines when we could take action.

A few years ago, I talked with someone who had $1,000,000 in idle cash. They were terrified of losing money. They had enough assets to cover their living expenses until age 100 and beyond. It was not about the money. It was this deep-seated fear about something that was not true at the present moment in time. We often blame money. Money is only a tool. Consider fear as a road sign alerting you to slow down and look at your beliefs.  Ask yourself – is this happening now or am I reacting to something from my past?

We cling to the old and familiar long after it quits serving us.  The road feels bumpy as you blaze new trails and create new habits. It often helps to have support as you travel along this brave new path.

Are you stuck in the past? Schedule your complimentary initial consult today!

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Welcome to my Blog!

The name of my blog is Roadmap to Change. I chose this name because as a money mentor coach, I help people create their own financial roadmap so they can get and keep their financial house in order.  Often – this means change. The word change has multiple meanings. Change can mean to replace or remove something. Change can be about becoming or making something different. It also means to convert one currency into another or to exchange money for smaller units. When it comes to your finances, change (action) can lead to change (¢) and over time it all adds up.

Is Change good or bad? Depends on your perspective. Sometimes change feels scary. Change can lead to something different and many of us value the tried and true. Maybe we are not 100% happy with the status quo and yet we are not willing to rock the boat and take a chance on change.  We settle for less because we are afraid of making the wrong choice or losing what we have.  I have found that personally, when I take a chance on change, I am seldom disappointed. Things may not always turn out the way I want and yet somehow more often than not, I end up with something better than what I left behind. When I want something different, I do something different. Sometimes I take baby steps and sometimes I take quantum leaps.

I invite you to join me on this great adventure exploring how to change your money story and open up to a whole new world of possibilities! Stay tuned for more tips and ideas about creating change.

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