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Discover your Financial Mindset

Guest post by: James Dicks

Article Overview: You have heard it before; it's a lot easier to make money with money. Well it's true. BUT we all don't have the means to get rich using our own money, after all if we had a lot of money we would probably not be reading this.

Discover your Financial Mindset

You have heard it before; it's a lot easier to make money with money. Well it's true. BUT we all don't have the means to get rich using our own money, after all if we had a lot of money we would probably not be reading this. What I learned from my experiences was that financial freedom is as much a mindset as it is net worth. You have to think about financial freedom as a process-not just a goal to achieve, but an activity that you continue, and expand upon, once you have reached your goal. You have to develop a plan, implement specific strategies to make that plan a reality, and then come up with a revised plan.

I have written about this in the past, and it never changes. To create a plan, one that works you must write it down, on paper. This allows you to for a mental process that will embed your plan in your subconscious. By having a plan you can help create the proper mind set to achieve financial success.

I am going to create a few blogs that will add to this as lessons so to speak so make sure you check back during my financial mindset series.

So here's your first lesson: your mindset is critically important. Yes, making money and achieving financial freedom is important-but getting into the right frame of mind is at least as important. Without the proper mindset, you probably won't keep the money you make-and even if you do, you probably won't enjoy it as much as you thought you would, and, after all, enjoying your financial freedom is what makes that freedom worth pursuing in the first place.

I am not writing something that I don't understand, you can believe me, if there is anything I understand it's making money and then loosing it, and not because I don't know what I am doing, but because of unforeseen circumstances. The most recent is our terrible economy. I had a thriving business that took it on the chin hard like most other business have over the last few years. BUT that's okay, I have the right mental mindset to create and build financial freedom.

Each time you have a setback in your financial plan simply write down your mistakes and avoid them the next time, I know this sounds obvious but in reality if we did this since thebeginning we would not be making the same mistakes. I fared much better the second time around with my finances than the first time around when I lost everything. This time around I still made some mistakes but won't make the same ones again. Will you ever get it right? Great question, no, because you can never predict everything that can happen in your financial life, you just have to learn from your mistakes and build on that. Update your plan and modify it to work within your most recent circumstances.

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Article Tags: james dicks



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