Wealth Management and The Fear of Poverty
Posted by Nancy on Jul 14, 2011
Last time I introduced the six ghosts of fear.
Today I’d like to go into a little more detail.
The first of the six fears is The Fear Of Poverty.
If you have every seen pictures of the great depression and the hard times that those folks lived through, it is quite understandable to fear poverty. The key is not dwell on it.
If you want riches, you must refuse to accept any circumstance that leads toward poverty, and avoid thoughts that focus on poverty.
The starting point of the path that leads to riches is desire. If your desire for something is strong enough, you will find a way to get what you want.
Determine exactly what you desire and then make a plan to get it. Once your plans are established, it is time to get started. Never wait until you think your plan is perfect. Things will likely change along the way and you will have to update your plans anyway.
The best plan in the world is of little value until you take action.
If you never start, or stop before you finish, no one will be to blame, but you.
This is where the right state of mind is important. A state of mind is something that you assume, it cannot be purchased, it must be created.
The fear of poverty paralyzes reason, destroys imagination, kills self-reliance, undermines enthusiasm, discourages initiative, leads to uncertainty of purpose, encourages procrastination, wipes out enthusiasm and makes self-control impossible.
It takes the charm from one’s personality, destroys the possibility of accurate thinking, diverts concentration of effort, it masters persistence, turns the will-power into nothingness, destroys ambition, beclouds the memory and invites failure in every conceivable form; it kills love and assassinates the finer emotions of the heart, discourages friendship and invites disaster in a hundred forms, leads to sleeplessness, misery and unhappiness.
The Fear of Poverty is, undoubtedly, the most destructive of the six basic fears.
Sadly, people are often viewed as having less worth if they have no money, but put some money in their bank account and people find respect!
The symptoms of the fear of poverty are: indifference (which appears as a lack of ambition), indecision, doubt, worry, over-caution, and procrastination.
The worst thing we can do is make plans assuming we will fail, expecting poverty instead of demanding riches.
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I really want to make a post about this on my blog. Thanks for your inspiring ideas. You are welcome to read my follow-up to this at howtogethits.net You can consider my post for July 15th to be the comment to this!
very positive thoughts and post. I had read the secret by Rhonda Brayne which also talks about the power of positive thinking. She also mentions how millionaires think positive to stay wealthy. And this positive thinking applies to many other aspects of life love, career etc. I enjoyed your post on positive thinking for wealth management. Thanks a lot.
Beneficial blog post, I am checking back again often to look around for fresh news.