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Tag Money

Windfall

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So did you see Insight? The stuff that dreams are made of. Winning money, discovering priceless antiques, inheriting a small fortune. Fascinating how many ways you can come into money and the different responses people have, isn’t it.

What about the guy who found $30 million worth of artwork stored in the dirty old garage of the house he’d just bought? Or the couple who won a cool $4 million in the WA lotto with a ticket that was a birthday gift.

So many different reactions both from the winners and their friends and family. All because there are so many different beliefs, different values, different judgements around money.

Take the guy who found the artwork. Savvy enough to recognise the potential and establish clear ownership before having it valued. Now that’s level-headed and makes for handling the $30 million he came into that much easier. And the best bit is that his good fortune had a spin off for others so they too came into some big bucks. He sure had an abundance mentality.

Or the lotto winner that won a half share in £22 million (British pounds that is – just work that one out in Aussie dollars). Twenty years ago it was worth even more. And instead of handing over his fortune to a financial advisor to play the money market he decided to have a go at it himself, have some fun with it and if he lost he’d only be accountable to himself. Now that’s detachment.

And then there’s the young woman that wouldn’t even let herself be identified. Sworn to secrecy by her family over a relatively small inheritance. A nervous breakdown because inheriting money ran so against her beliefs that she should earn all the money that comes to her. Such a tragic example of the power of beliefs around money. Beliefs passed down through generations of a working class family. And the money’s still just sitting there. Imprisoned by their own beliefs it’s not doing anyone any good. Not even the local charity.

In order to resolve the money riddle the first lesson to understand is that it’s not about the money.

Is it time you join us at Resolving the Money Riddle?

 

What are your beliefs around money?

Are your beliefs holding you back?

The Money Game

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I was reading a post by one of our coaches recently. And he shared the thoughts of a guy, recently divorced, who had some tips on how to keep a marriage alive and happy. Brilliant, insightful stuff. Learned the hard way. But when you learn something the hard way, it’s never forgotten, is it. This guy’s next marriage is guaranteed to be awesome.

And he’s really on the mark about the issue of money. After all, financial worries can really stress a marriage, can’t they. Especially at this time of year. And he puts it quite simply. Money is a game. A game you can play together. As Mary says, just numbers on a page. And the thing is, when we look at money from this perspective it does wonders to lighten the stress. Because games are designed to be fun, aren’t they.

When I work with people it often surprises them when they discover just how much their performance can suffer under pressure. Most people don’t realise tension produces poor performance. Well, maybe we know this in the bedroom. But it happens in all areas of our lives. And it’s a scientific fact that when we’re under pressure, most of us don’t think so clearly. And our brains can go to mush as the adrenalin gets the better of our minds, not to mention our bodies. Not surprising then we make poorer decisions.

When it all gets too serious, it’s a sign things aren’t going so well. Time to do something different. Time to lighten up.

Sure there are exceptions. People who actually perform better under pressure. And these are the people who have learned how to manage the stress. Because they’ve discovered one of the great secrets of financial success, in business and in life, is to have fun. And while the business of money can be serious, the people that win the money game are the ones who know how to introduce a lightness into the situation, despite the pressure. Allowing them to see all possibilities. All those opportunities just waiting to be discovered.

Having fun. It’s an essential financial asset.

And a choice we can all make daily.

Where can you create more fun?