Money Mindfulness (the short version!)
Although your journey to Financial Freedom, Financial Fulfilment or Financial Abundance may seem like a Mechanical endeavour (you need to make more money, so the practicality of making more money is what you focus on), it’s first and foremost an exercise in Mindfulnenss
Consider this ...
What are the commonly accepted principles of sound money mechanics?
Allocating your free cash
Budgeting your spending
Reviewing your accounts
Staying within your credit limit
Borrowing only to invest, not to consume
Hedging your wealth with physical gold
Compounding returns long term
Of these, how many do you know you "should" do?
And how many do you do?
Even though you KNOW that there are certain rules of the game, it's not always easy to live by them; so it's not a mechanical issue since if it was, you'd be doing what you know you need to do, right? So not doing what you know you must do is an issue that is only resolved by being AWARE and AWAKE with every financial decision you make
THAT'S the reality of Money Mindfullness; making all economic desicions to spend, save and invest consciously, with your eyes wide open
Students of the M.A.D Money 365 program get the “a-ha!” moment early-on in their M.A.D Millionaire journey journey with us as they realise the constant search for “practical” solutions to money problems mostly result in the same half-hearted results that stem from their half-hearted approach
The compounded result is dangerous since each time you TRY to do something and fail to give it all of your personal power, you lock in further the feeling of failure and anchor even deeper resentment to the new habit you are trying to install; thus you enter a dangerous game of love-hate with the habits you want to install the most, because these are also the same habits to which you have a deep, sub-conscious resentment to
How do you fix this?
Sure, you could draw on your limited supply of will power but it's likely that you've (a) tried this approach already or (b) will need it for other things
To make lasting financial change a reality, you need to create new habits that last; and that takes time, energy and most of all a conscious daily commitment to stay aware and stay awake at the precise time you make ANY decision that impacts your economic ecosystem
In the short term, you'll still make the same mistakes but you'll be more conscious of the outcome (the Effect) which means you can often track back to the TRIGGER (the Cause)
And one of the most important steps in shifting habits permanently is identifying the triggers that cause you to do things you don't want to do, or cause you not do the things that you know you must do