What version is your current financial belief operating system? You 1.0?

Sep 4, 2018 | Blog, Financial Advisor

“Man is a growth by law, and not a creation by artifice, and cause and effect is as absolute and undeviating in the hidden realm of thought as in the world of visible and material things.”
James Allen, As a Man Thinketh

What are your financial beliefs and habits?

You know, your unchecked always running scripts.

How have you been programed to think and act about money?

Does your current financial belief operating system serve you?

The only way to be wealthy is to take advantage of people.

My neighbor Sue says, financial planning and investing is just buying low cost index funds at Vanguard.

Wait, it’s really different this time in history with Trump, valuations, interest rates, technology, and monetary policy…

Who? Me? Average? This “insider” newsletter, tactical trading strategy, and my “picks” will beat that dumb market.

I’ll just wait another year to get financially organized; I don’t ever want to “retire” anyway.

Nobody else has a budget; besides it takes too much time, and we don’t follow it anyway.

Investing is gambling; a Vegas casino thrill; winners and losers; it’s like putting it all on “black.”

My “rich” uncle Jerry always said, “blue-chip” dividend stocks only.

I’m older now, alright; I can’t afford to take any “risk,” or losses. Ever. What If I “loose it all” in the next recession?

Listen, I’ve been in the medical field for decades, and “I know” what these company CEOs are doing; that’s why I own these biotech stocks.

Mom sold all the furniture when I was young, so I have trouble spending any money; I need to save every penny.

Oh, I already work with a nice man at the local bank; who cares if he can’t be a fiduciary; he’s always been so kind to me.

I’m (really) scared (petrified); I don’t understand anything; I don’t trust anyone; the market is “rigged” with all these Wall Street people; I can’t ask for help; they’ll just rip me off.

There’s no way I would get laid-off. I’ve been working here for 10 years. I’m “safe.” I’ve “paid my dues.”

I’ve already made so much money in Apple and Amazon; why would I ever sell?

I need this $1,000,000 house with seven bedrooms; it’s an “investment”; don’t you see that?

If I don’t own a BMW I’ll be laughed at, and I won’t “fit in”; besides Jamie and Rick own a Tesla, and my BMW already has a small ding in it; I don’t even want to drive it anymore.

I have to check my investments and listen to CNBC every morning for investing “tips” and “education,” or I get high anxiety.

Listen, I never “had anything” growing up, so I “deserve” this; I “earned the right” to buy these things.

More money is never enough money; it’s how I “keep score”; maybe my mom will finally accept me if I make enough money.

Goals? The future takes care of itself. I don’t have any “control” over my life; it’s “faith.”

Starting a business, that’s risky; more education and keeping your head down at work is a safe “investment” to high income, and the “good life.”

The more money people make, the more they spend; everybody does it.

My wife and I argue about money; I’m a “saver”; she’s a “spender”; c’mon, everybody does it. We won’t get a divorce over it.

I have to help out my kids. I have to do it because I “love them,” and if not, I won’t be able to see my grandkids.

When is the last time you “updated” your financial belief operating system? [SOLVED]

Updates are ALWAYS needed.
When can we roll out software for You 2.0.1?

I’m not immune.
I’ve wrestled and struggled with some of those same limiting beliefs.

Apple has released over 30 software updates to protect it’s iPhone users from harmful vulnerabilities and viruses that could destroy it.

Your dumb phone.

Do you know what your financial belief operating system and habits are?

Are you a slave to them, or do they inspire you to become the best version of yourself?


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