Start Feeling Confident in Your Money Decisions and Build a Wealthy Life with Conscious Effort
Hard work can hold you back
I’ve always been a hard worker. I started working as soon as I was legally able, at age 14. The closest fast food restaurant was where I would head off to after school. I was so proud of myself and more proud to earn my own money. Soon after receiving my check, my mother would often ask for most of it to pay the bills. My mother was a single mother who often worked 2-3 jobs to provide for my brother and me. Money was scarce, and it seemed we were always in survival mode. It became common practice to give most of my earnings toward household expenses.
Years would go by before I realized I was perpetuating the same financial decisions for years to come. I would earn money and give it away to others to fulfill their needs. Leaving me with little money to reach my goals, but I made it work. I was a hard worker, the smart one, so I could easily make more. That is what I told myself.
In 2014, various researchers conducted a study and found that most of the American population reports living with financial stress. The concerns with financial stress limit money, net worth growth, and continued emotional struggles.
This condition has come to be known as a financially-induced post-traumatic stress disorder.
Financial Induced PTSD is a condition that results from constant worry about money. It's a type of PTSD that can happen to people who have experienced financial trauma. Financial trauma can be a result of many things. It could be because you had a series of unfortunate events, such as losing your job or getting divorced. Or it could be because you don't have enough money to do the things you want to do in life.
It's essential to enlist the help of a mentor, advisor, or a supportive group who is understanding by your side when you are going through financial trauma. They can help guide you through the process and give you the needed guidance and support.
Constant money worry keeps energy from being devoted to the dreams and visions for ourselves and our families. It’s no wonder that most Americans do not reach their net worth aspirations nor have legacy plans for their families.
To move into a wealthy life will take conscious effort. However, a well-strategized money plan will help support you and provide a blueprint for success. You’ll need to come to terms with your money history and write a new story. But more is needed…
Why do you need more than a money plan?
A well-strategized money plan will help you manage your finances, prepare to grow your net worth, and you are more likely to reach your legacy goals.
What a money plan typically fails to address is the money history. We are all intelligent and consider ourselves informed except for one area—MONEY. Why is that?
Many people are afraid to talk about money and make a point to avoid the topic altogether. It's time to start having conversations about money because it will help you avoid making costly mistakes in the future.
More emphasis is now being placed on overall money health and your relationship with money. According to Melissa Boyle’s 2019 article on improving financial well-being, societies are moving from focusing on the value of goods and services to how a country can provide more for its’ citizens' well-being.
We have been so focused on writing a plan and getting products that we’ve failed to address the core of the issue - the lack of confidence from past money trauma.
A conscious effort is the key to success.
My conscious effort began when I realized I was not reaching my net worth goals. Once I had my son, if I wanted to leave a true legacy, I needed to put myself first and do things differently. This is how I was able to increase my self-worth and net worth at the same time.
I followed a strict regimen of mindset work focused on daily mini practices, being more conscious about my connections with others (birds of a feather, flock together), and monitoring my net worth. In my money plan, I choose entrepreneurship as my funding asset. The results are a successful business, an abundant mindset, an opportunity, and the courage to grow into other net worth building possibilities .
My confidence has grown, and I decided to share my knowledge with others to provide a step-by-step program to help grow into a more abundant mindset, provide a supportive community, and a strategic blueprint for building net worth.
What you focus on will grow. Will you put a conscious focus on building your wealth life today?
Do the inner work for outer success. Want to learn more about building your money muscle and net worth. Click Here
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~ Tenicia Moulden
Moulden Law Blog is made available by the lawyer for educational purposes only as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site, you understand that there is no attorney-client relationship between you and Moulden Law. Moulden Law should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.