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Hello everyone, you are welcome to this channel. Today we will discuss an important topic titled "the best money attitude." But first, if you're new here, please subscribe to this channel and click the notification bell to be notified whenever we post a new educational video like this. Lets go. THE BEST ATTITUDE TOWARDS MONEY. Individuals with a positive money attitude spend little of what they earn, they save for the future, deal with their credit, provide for other people and plan for surprising costs. Your financial view or disposition toward money has a significant impact on your long-term financial success. Subliminal beliefs instilled during childhood or previous encounters with money shape a significant portion of our attitudes toward money. Your financial viewpoint might determine whether you are destined to be a saver or a high-roller and if you are prone to efficiently manage or disregard your finances. What is a money attitude? Money mentalities is a synopsis of our encounters, feelings, convictions, and ways of behaving related to a particular aspect of managing money. Given what we know about our inherent money beliefs or money scripts developed in teenage years, this point is well taken. There are two normal mentalities toward money, and they are: 1. Optimism and overflow or abundance 2. shortage and pessimism. Shortage and Pessimism. This talks about Individuals with a scarcity disposition with a bad attitude regarding money and which sees money as a source of anxiety, dread, or repugnance. Some common convictions are that money should not be collected, that you do not merit wealth, that there will never be enough, and that if one person gains, another loses. They will be desirous of others and believe that the circumstance is being used against them. They are pessimistic, so they spend instead of saving for what is to come. A negative mindset typically leads to inaction and smashed open doors. If you believe you won't meet your objectives, you are less likely to make a move and may avoid planning out of fear of not having enough. Optimism and overflow or abundance. It has to do with Individuals with a demeanor of abundance who consider money to be a device to assist them with arriving at monetary achievement. They are bound to be objective situated with a drawn-out center and appreciate what they have. Individuals with a positive money demeanor for the most part spend less of what they procure, save for the future, deal with their credit, provide for other people and plan for startling costs. Before we go into how to develop the best attitude towards money, If you enjoy this video so far, give it a thumbs up and leave us a comment below. Ways to develop the best attitude towards money: 1. Accept Responsibility for Your Financial Mistakes. There are probably not many people who can say they have never forgotten to pay a bill or credit card, never engaged in a spontaneous spree of overspending, and never taken money out of their savings without a valid reason. If you fall into this category, it’s time to take responsibility for your financial mistakes and work on forgiving yourself. 2. Clarify Your Financial Mindset. It's crucial to keep track of the thoughts you have each time you make a financial decision. You can deepen your awareness of your attitudes by tracking your thoughts and then reviewing the results for patterns because you make so many financial decisions throughout your life. Your ability to stick to (or even make) goals and plans can be impacted by beliefs and habits that you can spot if you have a clearer understanding of your mindset. 3. Set a few monetary objectives or financial goals and take personal responsibility for them. Monetary or financial goals are savings, investment, and spending targets that you wish to accomplish over a predetermined time period. It's creating wholesome habits. If you are consistent with this saving habits, you've prepared yourself for success. Some Examples of financial goals are, A. Make a budget and live by it. B. Establish a financial standard by paying off your credit card debt. C. Saving an emergency fund - this should be a top priority. D. Save for retirement- Set aside some amount of cash each month to grow your retirement portfolio. And you’ll thank yourself later. Finally, E. Develop skills to improve your income-It might mean taking on additional training or responsibility at your current job.  4. Focus on yourself and don’t compare yourself to others. Comparing yourself with others is not wise. Instead, you should focus on what you have at hand, and take responsibility to see that you get to your financial objectives. 5. Develop empowering money beliefs. You can achieve this by practicing two important steps: 1. Expressing gratitude. Practice gratitude for what you at present have, celebrate little victories, and forgive yourself for previous mistakes you’ve made about money or concerning your finance. Begin and end your day by recognizing no less than one thing you must be appreciative of. Gratitude has been found to increase happiness and lessen pressure which can contribute to an uplifting perspective toward finances. This will assist you in setting yourself up to attract more abundance. 2. Permit yourself to increase your income. You have to permit yourself to increase your income using affirmations. You can use these powerful ones, I can earn more money without risk. I can advance to the next level without fear. It's okay for me to make more money than my spouse, friends, or parents. You can earn more money if you want to. But you have to keep reminding yourself. Regular application of these two actions will promote the development of more empowering financial beliefs. 6. Have faith in yourself. Start having confidence in yourself now. Say to yourself, It's safe for me to change my financial mindset, while placing your hand over your heart. I feel secure enough to maintain a positive relationship with money. I want you to know that changing your financial mindset IS possible. You have the ability to alter how you feel about money. And develop a money mindset that inspires and empowers you. Note: Until you think differently, you can’t act or behave differently. 7. Read books that will change your mindset. Definitely true. Reading can actually alter the structure of our brains, increase our empathy, and even make our brains believe we have actually experienced the material we have read. You can learn how to understand the world from another person's perspective by reading stories about other people's lives that have very well in the areas of your pursuit. Reading also, helps to change the way you think and makes it possible for you to make better decisions in various spheres of your life. In conclusion, Assuming you have negative money convictions that keep you from arriving at your maximum capacity, you can forget those beliefs because they are conceivable. If you must achieve financial or monetary progress in your life, you have to unlearn the negative concepts you have about money and take up positive beliefs about money. Those individuals who are wealthy spend something like 2 hours seven days contemplating and managing their money. Change your attitude and beliefs about money by changing your mindset about it. Note this, until you think differently, you can’t act or behave differently. Thank you for watching. Hope you enjoyed this video. 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