What part of the financial world
has the most potential to derail a person’s personal finances? Is it
political or economical? No . . . I believe that the greatest threat to a
person’s financial happiness and well-being is ego. Ego is the habitual and
compulsive thought process that goes through everybody's mind continuously.
Left unchecked, this constant ego monologue prevents us from focusing on
the present moment, and instead we are caught up in worrying about what happens
next. Or what we want to buy next.
Money is often the perceived
stumbling block that prevents us from being totally satisfied with our present
reality. The ego wants things in our life to happen a certain way, and a
specific image to be presented. This leads to the belief that if we get
the right things, position and status, we’ll be happy. It maps out a
perfect script for us to follow for the perfect life. Allowing our ego to take over will never
bring us closer to financial happiness or acceptance of financial mistakes.
The ego relies on each of us feeling like the donkey with the carrot attached
to the stick just a little bit ahead of him. The ego forces us to focus
on the way things should be, and leaves us constantly dissatisfied with current
conditions. Financial happiness depends on our ability to stay present in
the moment. Rather than obsessing on how things are supposed to go, we
instead accept that events are unfolding as they are, and use that as our
starting point.
There is no specific thing or
position that we need to help define who we are in this world, or help us
achieve financial happiness. The moment we let go, we are freed to
explore a more affordable life.
If you would like to work with Susan on a personal financial assessment contact her at 250-808-3214 or at smkbusinessservices@live.ca
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A blog that looks at how our spending is based in emotion. It explores the concept of value based spending while giving tips on saving, investing, and budgeting.
Friday, 25 May 2012
The Struggle Between Happiness and Money
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