So we have finally come to the end of our series on the 9 Habits of Millionaires as i understood them from Adam Khoo’s e-book. Lets dive right into what is probably the most important of all the habits as it directly relates to money and how we see it.
Habit 9: Respect Money
Do you really respect money? If i was to ask you what you thought of money, I’d get several varying answers many of which would show an unhealthy view towards money. The most common beliefs about money are:
- Money is the root of all evil
- Money is elusive and fleeting
- Having money will cause me more problems
- Rich people are greedy, selfish and unscrupulous
- Poverty is a virtue
- Money will change you(into a bad person)
- You have to work extremely hard to make money
- If i become wealthy
- etc
Most of us want and desire to have lots more money but subconsciously, we walk around with these negative associations towards money and this causes a conflict. Essentially what happens is that we sabotage ourselves from getting money. For example most of us have been brought up to believe that money is the root of all evil. As such we feel guilty about money. So we unconsciously do things to get rid of the money in our lives. If you have 5million shillings on your account, you find ways to spend, lend, waste, give it away to abate the guilt you have in actually having that much money. Please note that as long as you have this disrespect for money, you will never be able to truly prosper.
Millionaires on the other hand have a high respect for money. They see money as a tool, an ally and even as a friend. Millionaires know that money can do a lot for them. Millionaires realize that money offers them opportunity to do the things they really want, go where they want and buy what they want. Money to them therefore is highly respected. They don’t waste it. They don’t throw it away. They don’t feel ashamed of having it either. In the same breath, millionaires are not slaves to money. They don’t work for money. Money is a result of them offering tremendous value in the marketplace. They know that their true worth doesn’t come from money but with the value and ideas they have to offer. Money to millionaires is merely a way of keeping score.
So we must work on changing our beliefs and attitudes towards money into more healthy and empowering ones. I personally have chosen to adopt some of the following beliefs about money:
- Money is abundant and comes easily and frequently to me.
- Money helps me live the lifestyle I desire
- Money enables me to richly bless those around me
- Money is an effective tool that I use in my life
- Money is a reflection of the value I offer in this world
- Having money is generally better than not having it.
- Money gives me tremendous influence for good
- etc
I’d definitely like to hear your new found respect and beliefs of money. I could use a few more myself. Recognize that most of your beliefs about money are myths that were unwittingly passed onto you by you parents and society. You want to be rich. You can be rich. Give yourself permission to do so. I know i have. And everyday I’m striving to develop all these 9 habits.
And thats it folks. Phew! Thank you for following this series, I do hope you were blessed by it. I will be anxiously waiting to hear your various feedbacks about how easy, difficult or practical it’s been for you to live out these habits. For your reading convenience here are all the Habits listed once again.
- Habit 1: Give more than Expected
- Habit 2: Be Proactive
- Habit 3: Take 100% Responsibility
- Habit 4: Delayed Gratification
- Habit 5: Do what you love
- Habit 6: Act with Integrity
- Habit 7: Be 100% Committed
- Habit 8: The Ability to turn Failure into Success
- Habit 9: Respect Money
Shalom
JAMES RUSSELL LOWELL:
Wealth may be an excellent thing, for it means power, and it means leisure, it means liberty.WOODY ALLEN:
Money is better than poverty, if only for financial reasons.
[…] Habit 9: Respect Money […]
Hmm, very interesting. Let me go look at the other posts.
Thank you for the series. Off to digest and dissect myself.
@Princess I’m hurt, you haven’t been following 😦 I guess you’re already rich anyway lol
@Petesmama thanks for the appreciation. I’m still disecting myself too. It’s hard to actually live upto these habits. But as Barry says “Yes We Can”
Good stuff. Now, where do I start from. I am not at the application stage. Man, there’s a lot of work (re-wiring my thinking) to do.
@merik Definately the place to start is your mind. there is a saying, change your thinking, change your life. Read great literature plus mob scripture and start thinking out these positive empowering thoughts. The actions will automatically follow
I share this to my fb friends..; it was great!!! worth reading… thank you … God bles you!!!
Thankyou and your welcome.
loved the series. I have been following a few millionaires like Dani Johnson and Dave Ramsey and they say what you say. I like how you put the series together. Thank you. I enjoyed it and I look forward to reading more from you as you and I are on our way to being millionaires.
Hi,
What did you mean by reading MOB Scripture? You mean about the mob? If so, like what? This part interest me as to how can this help?
change your thinking, change your life. Read great literature plus mob scripture and start thinking out these positive empowering thoughts. The actions will automatically follow
Money & success don’t change people; they merely amplify what is already there
Reblogged this on AISLING.
[…] Learn to respect money. If you know what money can do and bring about for you, you need to respect […]
I need this information to live successful with my money please! !!! Thanks very much.
I loved the series… Good job. Thank you