How to Improve Your Finances by Thinking

When it comes to money, most of us would say we could use more.

Or at least, have enough to have real financial security, and never to worry about how the bills are getting paid. Of course what many people don’t realise, is that how you think about money is one of the biggest reasons there is a struggle to pay the bills.

I know this sounds very new age, but as someone who has spent over 25 years educating people around money and finance, I have found time and time again that limiting thoughts and beliefs have been a big reason for people not getting the financial outcomes they want and deserve.

Which is why I am now focusing on helping people develop their money mindset. And it helps greatly that COVID has bought sharply into focus the realities of mental health and the benefits of mindfulness and meditation. It is now scientifically proven that meditation and mindfulness can lower anxiety, create greater happiness and help people cope with a world that has changed forever. What I am asking people to do, is to include their financial health in this realm.

Worrying about money is a toxic exercise. It takes away your sleep, your joy, and your peace of mind. Instead of worrying about money, you should be focussing on taking control of it – and the first step toward doing that is believing that you can, and knowing that you deserve it. 

Many of us have grown up with family and friends who have taught us deeply ingrained beliefs around money. That it is hard to get. That there is never enough. That it is always a struggle. Or, that people with money are greedy. All of these beliefs are played out in the way we deal with money.

And, when we are thinking in the negative about money, we are sure to attract…

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Vanessa Stoykov writes for Secrets of the Money Masters, a programme she founded, now owned by tech giant Iress for the education of financial advisers

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