As you progress along your own personal road to success, you will learn one very important thing – your past experiences and understanding of money has a huge impact on how you approach money as an adult.
When most wealthy people think about money, they feel calm. While it’s true that rich people care about money, they have learned that feeling anxious and worried about money does not enable them to make confident, level-headed decisions when it comes to their business and various investments.
Money is much like a super charger for many of the rich. It helps them think clearer and better. For not-yet-rich people, the opposite is true, especially if specific incidents in your past have hampered the way that you think about money. This in turn affects your ability to become wealthy.
How Money Incidents Affect Your Chances of Success
For many people, early experiences in life that involved money also involved anger and fear. Often, these emotions were triggered in scary events that left a deep impression on us as children.
As an example, consider the story of Ronelle Jones. Ronelle struggled with money for most of her adult life. Much as she longed to be able to clear her debts, save for her children’s college fund and be comfortable, she never seemed to get there.
Ronelle had many different jobs, started her own business and even invested, but whenever she got close to achieving her goals, she would begin to feel scared. Something would always go wrong in her quest to be comfortable, let alone achieve real success, and she would lose out on her chance to become financially free.
Just when Ronelle was about to lose hope, she met a wealth coach. She described how she would get close to her goals and then fail to meet them. They discussed many things that had happened to her along her road to success. Ronelle admitted that whenever she got close to success, she would get ill.
Eventually, her wealth coach asked her a question that would change everything. She asked, “Did either of your parents ever get unusually ill when you were young? What was their financial status at the time?” Ronelle was shocked by the question.
She then remembered that when she was 10, her father bought a business that at first seemed like it was set for huge success. Just as he was about to get on his path to become wealthy however, Ronelle’s mother was diagnosed with cancer. In order to pay for the hospital bills, Ronelle’s father had to sell the business. His chance never came around again.
As her coach talked Ronelle through the details of the specific incident of her mother’s diagnosis and father’s failure, she had a lightbulb moment.
All of the negative emotions that were seeping through her house when Ronelle was a child were still with her. Whenever she came close to financial success, those feelings overwhelmed her, and she got sick just as her mother had gotten sick.
This turning point was Ronelle’s first introduction to the understanding of how our inner laws affect our views of the world, and how we approach success. Once she was able to change her attitude towards wealth, she could stop sabotaging her own success. From that point, there was nothing standing in Ronelle’s way to achieving her dreams.
There is a lot that can be taken from her story, especially the link between childhood events and current attitude towards finances. Once you have started to throw out the old ideas that held you back from success, it gets much easier to create the right ideas that then in turn can help you achieve better finances.