Why the Best Laid Financial Plans Go Wrong

Why the Best Laid Financial Plans Go Wrong

When I started on my personal finance journey, everyone told me to do affirmations and visualization and that everything would shift when I did this.

Yet something interesting happened in my world – the more I affirmed, the worse I felt and the more critical and negative I became towards myself...

How to Cultivate an Abundance Mind-set

Joel Osteen_Abundance

A few years ago I decided I wanted to be in a relationship with the ideal man.

I sat down and wrote down 100 things I wanted in a man.

I went to town on the list and held nothing back.

I thought I was crazy, my friends thought I was crazy and we all had a good laugh during the process.

A few months later, the craziest thing happened – I fell in love with a man who had all those things on my list. I was as shocked as all my friends.

When my relationship with that guy ended, I decided to add 60 more items to my list.

Clearly I missed out a few things the first time round (at this point you’re probably wondering if I’m insane. The jury's out on that LOL).

Fast forward a few more months and someone who has most of those things on my list showed up in my life.

Needless to say I’m still freaked out, but I've learned a lot about life through this process.

I learned that life will give you what you ask for.

No matter how insane or out of this world it seems.

If you ask for pennies life will give you pennies, but if you ask for abundance life will give you abundance.


How  can we develop an abundance mind-set when it comes to money?


1.     Meditate on abundance



2. Stop having Either-Or Conversations and start having And-And Conversations


Most of us go through life thinking we can either have A or B, but what if with some creativity and self-belief we could have both A and B?

And then what if we took a step further and asked our inner self how we could get both A and B?

How abundant would we be?


3. Do work that adds value and meaning to your life


Living your mission

Research shows that we’re happiest when we do work that adds meaning to our lives.

Research also shows that happiness can bring success, but success doesn’t always bring happiness.

Using deductive logic we can conclude that doing work that adds meaning to our lives, will make us happy and this happiness will increase our chances of success.

Even if you don’t have the patience to test this theory, I’d argue that we spend close to 70% of our lives at work or doing work related activities and that’s too much time wasted doing something that has no meaning and doesn’t bring us joy.


4. Surround yourself with abundant thinkers and dreamers


Every second Sunday of the month I hold intention and visualization circles at my house.

A group of dreamers and entrepreneurs gather around my kitchen table to share a delicious lunch and then move onto the living room to share the vision and intention for their lives.

After sharing your intention and vision, the rest of the group asks you, the sharer, questions about your vision to help you clarify your vision and to hold you accountable for making it a reality.

So lets say you shared a vision where you see yourself running a profitable company; people in the group may then ask you:

What do you mean by profitable?

What does profitable look like on your income statement?

What date would you like to reach profitability?

There’s no limit to the questions people can ask as long as they’re constructive and don’t discourage the other party from going after their dreams.

You, as the sharer, can ask to stop all questions if you feel tired or bored of the process.

What ends up happening is that the more questions people ask, the clearer you get about your vision and the more confident you become with taking action.

At least that’s what I thought when we started but now I've come to see it’s much more than that – most adults are scared of dreaming, and even worse, we’re scared of sharing our dreams with others because they may think we’re dumb.

Something amazing happens to us when we come together and share our dreams with people who not only see our potential but also hold the space for our dreams to come to fruition.

I leave you with a quote by Napolean Hill, “What the mind of man can conceive and believe, it can achieve.”


How do you cultivate an abundance mindset in your life?

Let me know in the comments section below.

How Optimism Impacts Your Finances


If positive expectations can impact financial markets then it makes sense that having positive expectations about our lives can impact our future.

A study on 232 MBA students who’d recently graduated and were looking for jobs, found that students with greater dispositional optimism, were more selective in their job search and experienced better job search outcomes than students with similar skills.

The study found that even though optimists spend less time searching for jobs they’re offered jobs faster than others and are also most likely to be promoted.


The Power of Positive Thinking


A Japanese Researcher, Masaru Emoto, was interested in understanding the power that our thoughts and emotions have on our environment.

In one of his experiments he took water from a polluted dam in Japan and examined it under a microscope and naturally he found it to be dark, dirty and lifeless.

He then took the same water and asked a Buddhist monk to pray for that water for an hour, when he re-examined the water it had changed its structure and colour - it was clean and looked like crystals.

This is the power of your thoughts and your emotions on your environment. Including your finances.



How To Be An Optimist


We see the world as we are not, as it truly is.

We project our fears and hopes onto the people in our lives.

It’s not enough to just recite positive affirmations and visualize - we have to question our negative beliefs and truly believe in the best within others and ourselves.

Martin Seligman claims that optimism can be learned in the same way that you learn to read or do math.

Learning optimism requires you to change your thinking to be more positive.


1. Remain present


Pessimism comes from over thinking the future and most times getting so lost in the “bad" future that you start to create it. The best solution is to remain present and focus on what’s happening in the here and now.

If you think you won’t make a deadline at work, your behaviour changes, you panic, feel demotivated and your productivity drops which makes you miss the deadline.


2. Care enough about how you feel


When you care enough about how you feel, it becomes easier for you to shift your focus and control your thoughts so you think about things that make you more optimistic. Become self-aware and start to choose your emotions.


3. Associate with people who think positive

Thoughts have a vibrational frequency and can be “absorbed” by others. Surrounding yourself with optimists increases your chances of being an optimist.

Napolean Hill said if you want to be rich, you need to associate with people who are rich; the same can be said about optimism. If you want to be an optimist associate with optimists!


4. Don’t allow negativity to fester


Clear up negative situations as they arise at work. Don’t allow people in your life to walk away feeling pessimistic about your relationship because that pessimism will ruin the relationship.


How does your optimism or pessimism impact your finances?

How do you remain optimistic?

Can Switchwords Really Change Your Finances?


As a writer and speaker I’m all about words and sentences and making them rhyme or creating pictures with them to inspire people.

That’s why I love switch words - uttering one word over and over can change your entire reality and change your circumstances.

Switchwords were first published by James T Mangan in 1963; he wanted an easier way than positive affirmations to tap into the subconscious mind.


How all this works


Switchwords use language to unite the subconscious and conscious mind to achieve a particular goal.

You don’t have to visualize anything because the use of language will trigger your brain to visualize the situation and experience it.

Psychologists and Eastern philosophy (and most recently "The secret") have long been saying that we create our own existence through our thoughts.

Our external environment is merely a reflection of our internal environment and our thought processes.

Switchwords get the conscious and the subconscious mind to work together as a unit.

If your conscious mind wants to make money but your subconscious is saying you can’t do it, you can use a switchword that gets the subconscious to change its thinking process. This is the law of attraction.


How to use switchwords


Switchwords turn on a switch in your brain so you focus on a particular thing and draw it towards you energetically.

Every switchword uses language to enhance the feeling of an experience you want. You can repeat them as often as you want or use them in everyday conversation.

Some results are instantaneous and others take a while.

Here are some switchwords I love:

Ease - use for an easy commute

Find - use when you want to build a fortune

Count - use when you want to make money

Divine - For miracles (you know I am using this one right?)

Together - To do anything with mastery


What are you thoughts about switchwords?

Let me know in the comments section below

Why Visualization Doesn’t Always Work

When I was in grade 12 I used to look up at the sky, watch for airplanes, see myself getting on and off planes as I run after planes in different airports (at the time running to catch a plane seemed so uber cool).

I had no clue what I was doing but I so badly wanted to travel, go to exotic places, dance in the Caribbean and meet amazing people that I started pretending that was my life.

I kept imagining how awesome life in varsity would be, chilling with artists, reciting poetry in semi lit bars, smoking weed and connecting with diverse friends from all walks of life.

Imagine my shock when I got to varsity and all the things I'd imagined started to come to pass!

And then I started traveling and found myself running after planes in different airports except that wasn’t as much fun as I'd imagined because I’ve missed my fair share of flights in foreign countries.

It wasn’t until I was in business school (8 years later) and struggling financially that I discovered “The Secret” and learned that all my imaginings were visualization.

To this day when I feel stuck on the “how” of things I just imagine the outcome and focus on that until a bright idea comes to mind.


What is visualization?


Visualization is simply imagining something you want to happen and focusing on that vision.

The most important thing is to believe this vision has already happened, to feel all the excitement and positive emotions you’ll feel when that vision comes to pass and to feel it as though it’s happening now.

Your emotions during visualization are important because they make the vision feel real for your subconscious mind.

Negative emotions such as fear and despair introduce resistance to the visualization process and delay the outcome in the material plane because the subconscious mind gets conflicting messages.

When we feel fear during visualization, our subconscious registers the vision as dangerous and chooses to continue protecting us by blocking its manifestation.

When we feel gratitude, the subconscious registers the vision as joyous and the mind becomes open to ways to make the vision real. 

During the visualization process it's important to feel like the vision has happened and to feel absolute gratitude for your life in that moment.

Gratitude is the most powerful emotion you can feel when you want to manifest something.


Why Visualization Doesn’t Always Work


1. Not taking action


If you keep visualizing something but never take action to make the vision a reality, it'll take forever to materialize.

At the end of the day, action is necessary because we haven’t yet reached the stage of evolution where we can just make things happen through thought alone.


2. Not getting emotional during visualization process


Visualization works best when you do it with positive feelings, if you feel fear or guilt as you visualize an outcome, you send mixed messages to the subconscious mind, which can make it difficult to take action because the mind feels that the outcome isn’t safe.

The more grateful you feel about the outcome, the faster it’s likely to happen.


3. Belief in the vision


When you’re trying to make the impossible possible, everything hangs on a single variable: faith.

You have to believe that what you’re visualizing has already happened.

I sometimes find this difficult but I always tell myself how awesome the experience was so I make myself believe it’s already happened, which in a way makes taking action much easier.

You have to imagine everything  as though it's happening in the present moment and make your mind believe the vision has come to pass so the vision is embedded in your mind as a memory that feels possible.


How has visualization changed your life?

What tips can you share with us?

Let me know in the comments section below.