Updated: Feb 6
You can be RICH but not WEALTHY.
When we think of wealth we automatically think that our wealth is defined by the amount of money we have.
However, you can be rich, you can have all the money in the world, earn millions, but be……
Not living your best life
Not making the most of your money
The word wealth comes from the Old English word ‘wela’ which means:
This is why being rich does not mean you are wealthy.
Your wealth is your source of well-being. Being wealthy is having financial wellness.
To elevate your wealth there are two vital ingredients you need to master to enable you to make the most of your money and be successful.
Having the knowledge of the actions you need to take AND
Having the right mindset.
It is your mindset that is THE vital ingredient if you are to feel wealthy.
What you really THINK about money dictates how wealthy you can truly be. Your mind is the most powerful tool you have. If you want to be wealthy, the first action to take is to start THINKING POSITIVELY ABOUT MONEY.
Open your mind……. to the possibility!
This is why….. Your brain is EMOTIONAL.
Your emotions are the driving force of your behaviours because fundamentally your brain is wired to look for threats or rewards.
If a threat or a reward is detected by the brain it triggers chemicals to be released:
If our brain detects a THREAT….. cortisol and adrenalin are released…… this prepares us for FIGHT FLIGHT OR FREEZE.
If our brain detects a REWARD…. dopamine, oxytocin, and serotonin are released….. which makes us feel happy and good.
When the feeling region of your brain is the first to act, it’s because there are triggers that are is so strong, your emotions dominate your behaviours. You’re unable to think rationally meaning your emotions hijack your brain, subconsciously, without your permission. SourceSentis: https://www.youtube.com/watch?v=xNY0AAUtH3g
This emotional response is particularly strong when it comes to money! Research shows that over 90% of financial decision-making is driven by emotions, not by logic.
What you THINK about money, in your subconscious mind, will either trigger a threat or a reward response.
If you think money is "success, power, and does good for the world" then when you have to deal with money, talk about money, manage your money…. It will trigger REWARD hormones and you will automatically want to do the money-related task.
However, if you think I am bad with money, money is divisive, the root of all evil, hard to make, come and go, etc……When you have to deal with your money it will trigger THREAT hormones and your brain won't allow you to proceed, even if you logically want to.
Your emotions play a powerful role in how you experience money. That is why it will impact your well-being and determine how wealthy you become.
How to upgrade your mindset and elevate your wealth:
Dig deep into your money past and explore your money story.
Uncover the limiting beliefs that are impacting your wealth.
Discover what financial habits you have formed.
Take the actions you need to take to create new financial habits that will help you re-write your relationship with money.
Access Elevate Your Wealth today.
My two-part money mindset coaching course is yours to download today for £49. Take this first step to being wealthy. In this course, I show you why your mindset is the vital ingredient and how to uncover and update limiting beliefs so that you can become wealthier.