How to Overcome Limiting Behaviors to Achieve Your Financial Intentions
by Sadie Williams, Wealthcare Coach
I want to offer a perspective on finances that comes from both my own experiences with money and my work as a financial coach. This perspective is on financial behaviors -- those to watch out for and those to use to fulfill a financial goal.
Learning to overcome beliefs and behaviors that limit our ability to achieve a level of financial security is a critical step in fulfilling financial intentions. Otherwise, these beliefs transform into behaviors that keep us small and indebted to credit cards, lines of credit, loans from family or friends, and living from paycheck to paycheck. Self-image and esteem are affected. As long as you remain in debt to others, you will not have financial freedom.
Let’s look at an example:
Limiting belief: “Money is the source of all evil.”
Behavior: Spend money too generously on others.
Result: People take advantage.
Empowering belief: “I have a passionate desire to help others.”
Behavior: Direct others to places and resources where they can help themselves.
Result: Others are empowered and responsible and show gratitude.
As a financial coach at EARN, I work with clients to overcome limiting beliefs as an important step to achieving financial goals. I encourage you to take a look at this “Money Beliefs Transformation” tool. Review these financial behaviors, reflect on where you are, and then try setting a financial goal by focusing on behaviors that empower you to succeed. Use this tool whenever you feel stuck in a ‘money matters’ situation.
Photo credit: AMagill
