My Limiting Financial Beliefs

In his article about Overcoming Limiting Financial Beliefs, Steve Pavlina has once again made me think deeply about what I believe to be true and why I believe it. His article, a must-read for would-be financially fearless people, challenges us to find and possibly remove our blocks to achieving wealth.

I suggest that if you wish to achieve greater financial abundance for yourself, and especially if you’re participating in the Million Dollar Experiment, take some time to seek out the source of your own resistance to achieving greater wealth. For example, does the idea of becoming rich seem in any way offensive or repulsive to you? Explore those beliefs. Journal about them. Take a conscious look at them, and decide if these are really the beliefs you wish to hold. Are your financial beliefs aligned with serving your good as well as the highest good of all?

After thinking about this for a few hours, I find a couple obvious limiting beliefs in this area. First, “All the low-hanging fruit are already gone.” This leads me to disregard or reject opportunity by assuming that it is already too late to get in the game. For example, affiliate marketing. Obviously, the market is much harder and more competitive than it was a year or two ago. Why compete then? Why not look for something with greater leverage and less competition. It leads to endless looking and never leaping. I think I need to dispense with this belief right away.

The second one is “I don’t have the time.” I think this constantly. I see something or some opportunity, and simply know I don’t have time to follow-up or investigate the way the opportunity would require in order to be successful. This is so foolish. Firstly, I am dozens of times more productive at this point in my life than I ever have been before. My time-management skills are finally getting halfway decent, due to diligent applications of the excellent Getting Things Done. Second, I have radically cut down on time wasters. Third, it just wasn’t that true to begin with. I always have time for true interests. This isn’t to say that I should dispense with rationally thinking through whether an idea is worth my time, but just that I should cease discarding ideas reflexively.

Link: Overcoming Limiting Financial Beliefs

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