The Millionaire Mind Support Network

Beware of The Bear

Mainstream media and the financial networks are fully focused on the ongoing economic downturn. The talking heads report the global economy is trending downward and that the US is headed for, or is already in, a recession. A recession is defined by a contracting economy, characterized by lower company profits, lower wages, and higher unemployment.

As government officials tinker with ‘stimulus’ packages, that lower interest rates and taxes, a full-blown recession will likely cause some economic hardship for the 70-percent of Americans living paycheck to paycheck.

Choosing Your Own Reality

I’ve always believed “reality” is subjective. We can “choose” to worry about about something that we do not control.We can focus on what “could” happen to you in this economy and keep a vision of a negative outcome in your mind.

Or, you can take action and create a strategy for your financial life while maintaining an expectation of a positive future. We live in a dualistic world, the opportunity to do well always exists or you can express destructive financial behaviors.

What Actions Can You Take?

1. First and foremost, get control of your finances by keeping track of your spending and earnings and creating a rational spending plan. If you are experiencing financial pain, it’s probably because of your lack of financial management skills.

In the movie, The Godfather, the expression used to meet a crisis was, “Go to the mattresses.” Millionaire Minds “Go to the prosperity jars”.

The Prosperity Jars are the simplest, most reliable money management system ever. I can assure you that once you overcome your resistance and pay attention to your numbers, you will feel much better about yourself and your money.

2. Look at your “stuff” and sell whatever you don’t like or use. Lots of avenues exist now for recycling stuff–garage sales, eBay, Craigslist and consignment shops. Instead of spending the money you generate, put it aside in your Financial Freedom account.

3. Reigning in spending requires discipline, which many people lack. Often, feelings of lack and deprivation stimulate spending to assuage the emotional discomfort. Stopping the spending means dealing with the feelings in order to remove the stimulation.

The Secret of the Millionaire Mind reminds us that, it’s never about the money; it’s always about the feelings in our financial blueprint. Build financial strength by dealing with the feelings behind your financial
beliefs while examining any emotional resistance to changing non-productive behaviors.

Focus on your plan, take action and follow the Action steps in the Secrets of the Millionaire Mind. And, “Turn off the TV and read a good business or motivational book and use what you learn to improve your business peicesses and expand your attitudes of wealth..

Millionaire Minds shape their own Financial Success