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 growth      confidence      successNadine Honeybone | Personal Coach

"The purpose of life is a life of purpose" - Robert Byrne

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Newsletter 6, July 2008: Prosperity Is A Choice
Newsletter

 

No one will ever care as much about your financial well being as you do. 


It is good practice to keep on top of your personal financial situation, and even more so in times of some uncertainty. Regular focus or reviews to ensure you are in the best possible 'health' with your finances is common sense and provides a good foundation on which informed financial decisions can be made.     

Given the so called 'credit crunch' we find ourselves in you would be forgiven for thinking that the next few months / years could be a little difficult. Well if you listen to all the doom and gloom merchants out there you could easily start to believe this. The issue here is that we attract into our lives what we focus on and persistently think about, so thinking this only fuels your negative expectations, which drives your self defeating behaviour which in turn results in a negative outcome - going to prove those doom and gloom merchants were right - and that you were right to believe them!

On the other hand, you could choose to believe in prosperity, and that there are numerous opportunities to generate money and increase your personal wealth over the next few months and years. Believing this will build your positive expectations which will drive your self motivating behaviour which in turn will result in an excellent outcome - proving that you were right to believe in prosperity as a possibility. 

So, the process is the same, it's just a question of which you choose to believe, and whichever you choose, you will be right! 

What if you want to believe in prosperity but it's difficult to find the evidence to support it? Well you just need to start looking for it. Money is an abundant resource and there is plenty of it around. Recent estimates place the wealth of the world at over 44 trillion dollars – that’s 6 million dollars per person (ish).

There is a very simple economic principle:

- The scarcer the resource, the more people are willing to give up in order to get it. 

- The more common the resource, the less people are willing to give up in order to get it. 

A fundamental mistake a lot of us make is thinking of money as a scarce resource, and we inconvenience ourselves to get it. As soon as you create yourself as the scarce resource, the money will inconvenience itself to get you! 

Back to the point about regular reviews of your financial situation. If this is something you don't often or never do, then now is a great time to begin. Start with the basics:

- A good filing system and scheduled time for a monthly review. 

- Look at your debts - can you get a better deal on credit cards, loans etc?. Can you get your utilities cheaper?

- Look at your investments - get some financial advice.

- Look at your financial strategy - are you paying yourself first? Are you investing in income generating assets or spending on liabilities?  

Choose "prosperity" and it will be attracted to you.  

If you would like some further insight into how you can create abundance through positive thought (and a sound financial plan!) then please contact me. Your first session is free with no obligation at all to continue. 

 

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