If you haven’t already, I strongly recommend you read rewire your brain for wealth part 1, and rewire your brain for wealth part 2, as well as my post on things to be grateful for when you have no money.
I am by no means wealthy in the monetary sense, but over the last year, I have totally overhauled the poor financial situation I was in.
I was living each month, barely scraping by, and often needed handouts from family.
It put a great deal of stress on me and my partner. I remember, because I was so stressed, it also put a huge strain on our relationship and almost became the cause of it coming to an end.
Looking back, I’m so glad I was in that position. The feeling of that period of time has stuck with me and serves as a reminder that I never want to be in that position again.
Now, I would like to help you reach another level with regards to your attitude surrounding wealth and this part is about your perception of your self worth.
I went for this interview once when I was job hunting early last year. The job itself was very underpaid for my skill-set and that point got raised during the interview.
The employer said to me “You’re worth what you’re offered” and I totally disagree with that statement. I say “you’re worth what you strive for and accept.”
I turned down that job as I felt like I was made to jump through hoops for a job that was definitely underpaid.
It all came down to my perception of what I was worth. I felt like I was worth much more than was being offered and I didn’t settle.
Now, at this point I want to clarify a few things.
- I’m not rich in the sense I don’t earn millions.
- I don’t earn a mega salary. I’m probably on about average wage.
- I’m relatively free of debt although I do have some.
- I regularly save.
Compared to last year, that for me is an awesome position to be in, and it all began to change when I began writing this series.
When I was younger, I got myself into very bad debt because I didn’t understand money and I was very irresponsible with the money I was earning.
I spent the next 17 years working just to pay off all my debt.
I can’t even begin to tell you just how demoralizing that was. Working, not towards wonderful amazing ambitions, but just to pay off debt.
I wouldn’t wish that on my worst enemy and now my sights are set on much grander visions.
One thing I don’t want to do is deceive you of the position I’m in and how I got here.
Thanks to the help from friends and family, I’ve cleared off much of my debt. I earn an average salary, which is where I am, and where I would like to end up is earning a good living from speaking and writing and be self employed.
I also want to be financially savvy and have multiple sources of income. I’d like some passive income, I’d like to earn money through speaking and writing and I’d love to have various other assets, investments and other means of generating an income.
As I increase my skill-set, so should my value? Right? But for a long while it has not, and that has been down to the fact that I simply do not value myself in the way that I should. I still fall into the trap of perceiving my overall value at a certain level.
When I perceive myself at a certain value, I sell myself at that value.
When I increase my internal self worth, I will automatically begin to sell myself and my skills at that value.
How do you increase your self worth and your perception of value?
This comes from deep rooted beliefs about yourself. Only when you change or amend those, will you change your perception of your self worth.
I don’t necessarily believe it is all about your skills, or your confidence level etc (although both of those do help very much). I know very talented people who do not believe in themselves.
You have to begin by changing what you believe about yourself and there is a simple method to do that. Just like anything else, it involves practice.
The goal is to value yourself highly and sell yourself equally. In fact, if anything, you should oversell yourself slightly. Above all, you should never, ever undersell yourself.
Just as you would be asked in an interview, about what you would bring to an organisation, or what your good qualities, you need to look at those carefully and evaluate them.
Find a friend who’s will to play a game with you. The objective of the game is that you have to sell yourself to them. Whether the role-play be a kind of interview, or sales pitch, practice until selling yourself becomes natural and second nature.
Then, when your skill-set increases, selling or marketing yourself, becomes even easier!
Some people have a natural ‘gift-of-the-gab’ and can sell themselves incredibly well even though they may not have a high skill-set, yet they’re able to as somewhere along the line they picked up that particular skill.
That is a huge portion of changing your fortunes with money, however there is one very important aspect left, and that is about saving!
There are some who say, saving is worthless because interest rates are low. That may be so, but save you must!
In order to build wealth YOU MUST SAVE and have savings!
I’ll be discussing more methods about saving in the future but small steps will allow you to have big rewards.
I know that I’ve spoken a lot about money in all these articles but it’s been a kind of self therapy to me to master this area of my life. All my life, I’ve been surrounded by amazing wealth in the form of wonderful teachers, friends, family and values; this is the just the final step for me in completing that circle.
I hope that I can help you do the same too.
I hope you’ve enjoyed my series so far on on rewiring your brain for wealth. There is still so much to come and I’ll be converting all of this info into a handy guide that you can carry everywhere on your kindle device or reader.
How have you enjoyed these posts so far?