Sunday 30 June 2019

The Psychology of Wealth: Understand Your Relationship with Money and Achieve Prosperity by Charles Richards





What appears to have gotten us into trouble, both individually and collectively, is behaving unconsciously. 




Success does not require a great deal of money; what it requires is a belief in one’s inherent worth and a willingness to make a conscious investment in itself.




Just as a computer has an operating system, every family operates according to a set of spoken and unspoken rules.  I call this the family operating system. 




Your family operating system effectively helps to program your beliefs, attitudes, skills, anxieties, and expectations, both conscious and unconscious.




Today it would take at least $7.6 million to have the purchasing power of $1 million in 1959.




Change requires taking stock and recognizing our own creative responsibility. If we stay stuck in old concepts and do not take action, we may seek vicarious fulfillment or comforts.




We must be willing to let go of the old judgments, opinions, and worn-out attitudes that limit us.




When our basic human needs for self-esteem and self-respect are not met, we give up easily, blame others, strive for less, and often fail to achieve our goals.




Arrogance, self-righteousness, manipulation, and boastfulness actually betray low self-esteem, primarily in extroverts.  Such behaviors are futile attempts to compensate for a sense of unworthiness.




People who lack self-esteem avoid taking risks.




Creating a life you value requires accepting the idea that you’re completely responsible for yourself.  Such a good life also involves the realization that no one is going to come to your rescue – nor, in general, should they.




There’s very little that you cannot do or have after you accept that “If it’s to be, it’s up to me.”




No matter what situation or challenge we find ourselves facing, we can decide how to respond.




Approaching our finances consciously – with an awareness of our circumstances, motivations, and true aims – is a key. With this kind of consciousness, we assess what is meaningful to us and what we must do in order to bring that meaning to fruition.




Inertia can result from over attachment to our comfort zone.