For ages, mankind has speculated on the power of the mind. You can find quotes as old as the Bible “As a man thinketh in his heart, so is he."
Or as new as The Secret proclaiming the “law of attraction.” Wise men of many philosophies and faiths have thought what we believe has an influence on who we become.
Could the same apply to our financial affairs? Could it be that the things you believe are conspiring to keep you from accumulating wealth?
If that's true, what kinds of thoughts could be holding you back? And, if so, is it possible to replace them with thoughts that would help you to reach your full financial potential?
1. You believe you can't accumulate wealth on your salary.
If you're spending your entire paycheck, it's easy to believe you'll never build any savings. How could you possibly save hundreds of thousands when you're barely making it to your next payday?
2. You think money is evil.
It's a common belief. An often misquoted Bible verse is that “money is the root of all evil.” It's actually the “love of money is the root…” Religious people of many faiths believe you should separate yourself from the world and its riches—essentially telling us becoming wealthy is something to be avoided.
3. You think you don't deserve money.
You may think a hefty bank account is the reward you get for being a good person. However, if you’re like most of us, you have a few things in your past that aren't a source of pride.
It’s easy to believe you don't deserve to have any money. In fact, it would be wrong for you to have a growing bank account or IRA.
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