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People HATE discussing their finances

The key difference between wealthy and poor

By AlamoWealth BuildersPublished 5 years ago 3 min read
People HATE discussing their finances
Photo by Sharon McCutcheon on Unsplash

Whenever you start talking to someone about making money, you'll either get the dreaded eye roll, blank stare ignoring you, or quick short answers such as, "how much you make?" or "I make enough, I'm good."

In reality, we don't like discussing topics that make us uncomfortable, but why money? Because most of us have grown up in a family setting that discourages talking about money, money is evil, or it's just rude to ask someone about it.

That is the key difference, in wealthy families it is the opposite! Wealthy families discuss money the same way mechanics discuss different cars or tools they use or would like to use.

By Austin Distel on Unsplash

Wealthy Families discuss finances and opportunities openly and expect family feedback and perspectives. If you wanted to become a sports star, who would you ask for help? Uncle Pete? or a 3-time champion coach? It is the same for your finances, people WANT money they simply don't want to deal with how to get it.

Ok, so what now? You know what you need to do, but where do you start? This part is surprisingly easy, you simply need to schedule a consultation with a few experts. Notice I said, a few, never should you stop shopping after the first store, go find the one that has the best credentials, connection with you, and impressive personal portfolio of their own.

By Hunters Race on Unsplash

After all, you wouldn't want to hire a fake, would you? Finding the right person to help you might take some time but ultimately will be very worth it not only for your future but for your stress and current situations as well.

Avoiding negativity, the most difficult thing is to talk about something that you feel or know others around you will judge negatively. For instance, if you are a Steelers fan in Cowboys country, or if you like one president over another, people tend to get emotional and guarded when discussing such topics knowing others will oppose, judge, distance, or outright ban you for your beliefs, ideologies, or simple preferences.

So, knowing this what can we do about it? The answer may seem like it needs a complex sequence of strategies and diplomatic approaches, but no. You only need to separate yourself from those that would otherwise do you harm or drag you back. My mentor used to tell me " You are who you hang out with, and you will become who you continue to surround yourself with." So if you hang out with people that prefer to go the non-materialistic lifestyle the "minimalist" lifestyle then that is exactly what you will become, but if you ditch your negative friends AND FAMILY! Begin going to meetups and conferences and getting on social media and making friends with people that HAVE the things YOU WANT, then surround yourself with those people, and soon enough, you'll start to see your life, changing.

Ok, now that time has passed and your starting to see your bank account increase maybe even added a couple of extra assets to your portfolio. Maybe you started a new business and it's starting to do well, or maybe you simply found a better version of yourself, and your personal confidence has begun to soar. Either way, your life is improving, now what? is that it? you're done?. No.

By Vasily Koloda on Unsplash

Now is that hard part, the part where your personal integrity and will power will be tested. The time of COMPLACENCY, complacency is the root of all human natural entropy and laziness. How do we fight complacency?

You fight complacency in one simple word, Grinding. Set simple small obtainable goals for yourself each day, week, month. Then set your schedule and phone alarms to force you onto a schedule that makes you complete the tasks necessary to obtain those goals, and then reward yourself when you finally reach those goals.

Rewards, the final and most rewarding part of all of this. Make sure your treat yourself to your successes BUT DO NOT overdo it! Set the rewards just big enough to satisfy you and preferably not cost money. Such as just a day off, to enjoy nature, and a latte. Stagger them in a way that will motivate you to continue to reach and improve, to keep pushing towards your goals. Its easier to remain diligent when you are still "struggling" complacency hits easiest when you feel like you've "made it"

If any of this piqued your interest and you would like to learn more you can begin here ( https://www.alamowealth.net/shop ) where you can download the Secrets of the Wealthy 2%, and also the 7,30,90 Goal Proforma.

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