Archive for April, 2008

The Energy of Money

Money. When you read that word, what do you think about? What do you feel? What images race through your mind? Fun, excitement, investments and vacation? Tension, anxiety, debt and work? Money holds a different meaning for everyone. What meaning does money have for you, or what meaning do you give to money?

Imagine you’re at your bank to make a withdrawal. You’re standing at the bank teller’s window when she informs you that your account is completely zeroed out. She proceeds to tell you that there is no more money…anywhere, in fact the whole world has run out of money. She seems shocked you didn’t know because they’ve been talking about it all morning on the news and radio. The big splash of terror hit the streets as the world came to a screeching financial halt. Not a dollar to be found anywhere. Apparently the world is tapped out. You and the teller nod in agreement and say, “I knew the money would run out someday”.

Ok, you’re probably smirking because that sounds ridiculous, but there is no denying we often put that kind of pressure on ourselves when it comes to money in our life. We live in a society mindset of striving and thinking ahead about money we don’t have yet, with feelings of anxiety, worrying that it might not be enough in the end anyway or that we will “run out”.

When you head to the faucet to get a glass of water do you have feelings of anxiety or panic that nothing will come out? Or that there will not be enough and you’ll go thirsty? Do you lose sleep at night thinking you might run out of water? No, of course not, in fact you probably don’t give it a thought you just expect water to flow from the faucet as it should be. It’s a Universal law that you get what you expect. Expect to get water from the faucet and you will and realize that if you expect to run short on money you will.

Do you ever feel concerned about money? Is your mind full of heavy thoughts of never having enough, or worse, that you’ll “run out” of money? Better questions are whether the stress you feel is real or even necessary and what can you do to turn it around.

Money is a leading cause of health and relationship problems. This is the most important reason to create a healthy outlook on money. It’s the number one thing that couples fight about and the leading reason for divorce. It drives people to high levels of internal stress causing real, physical symptoms. Remember it’s not money itself it’s the concepts and feelings we give to money that come into play.

For example a couple with a husband that grew up in a family that felt spending money on vacations was frivolous and it was better to save, and a wife that grew up in a family that treasured their vacations no matter the expense it was worth every penny. When it comes time for this couple to make plans with their money can you see where disagreements might come into play? This decision now becomes emotional because their personal values do not match. The wife suggests a vacation to Italy and the husband wants to put the money in an IRA for retirement. After some time, every purchase decision becomes a debate, resentment builds and stress takes over the relationship.

If you find yourself in that situation, sit down and ask yourself what your concepts about money are and where they came from. Are they positive or negative? Do they make you feel empowered or deflated? For example, perhaps the husband always wanted to go to Italy but he feels guilty because he’s been given a concept that money for travel is a waste. If he really wants to experience and enjoy a trip to Italy with his wife, it’s far from a waste if they are happier for the experience. It also shows his old concept does not support what truly brings him bliss.

Do your concepts still support who you are and the direction you want your life to flow? What are your current values about money that do or do not support and assist you with your financial choices?

Financial pressure can cause havoc on your physical health as well. For instance, you received notice you have to pay an unexpected $2000.00 dollars in taxes this year. It causes you to respond with anger and frustration and you feel stressed. The first stage of stress is the alarm reaction. Messages flow from your brain to your endocrine system better known as the “fight or flight” response. Once the stress stops, or you come to terms with the information, you return to normal. Note that it takes approximately 27 minutes for your body to return to it’s normal chemical state after experiencing your reaction.

The longer you fume or complain about having to pay the money, the longer you remain in this state. If you continue your stress, your body tries to adapt to the stress by resisting. Your muscles tense up, your body temperature rises, you may even have irregular heart rhythms as you struggle with this information that you feel so upset about. Again, if the stress stops you revert to normal levels after a period of cooling down time. However, if you continue to stress out, you enter a state of exhaustion and you become susceptible to poor health.

Our bodies’ stress response worked beautifully in our cave days when we encountered bears and big animals that we needed to run from to survive. Our fight or flight system poured chemicals into our bodies so we could react and outrun the big bear or fight and kill it for dinner. After that your stress would disappear. It played a key role in our survival.

In today’s society we have a new kind of stress: psychological stress. Our lives are not in danger most of the time, but our minds still act as if they are. It does nothing to help us. As a society we stress over everything, and stress no longer arrives in short bursts, it is constant. When we live in a world of not quite fight and not quite flight it causes us to carry around chronic, unresolved stress.

This chronic stress means you never quite relax which causes an energy drain and your mind and body become fatigued. Your immune system is weakened and you are a walking target for dis-ease. You are more susceptible to colds, flu, high blood pressure, heart attacks, cancer, headaches and pre-mature aging.

This physical chemistry disaster is also poison to our brain’s memory cells. Are you having trouble remembering facts? Age may not be related. Stress is more likely the cause. Stress releases chemicals that are bad for our brains. Scientists have shown people with post-traumatic stress disorder and people who have had major depression - develop a smaller hippocampus, by as much as 26 percent compared to most people. (The hippocampus is the part of their brain that forms new memories and retrieves old ones.)

When it comes to money we stress and strain dreading the awful thought that we might run dry. The funny thing is we have more control over the flow of money in our life than the flow of water from our faucet, yet we become helpless, feeling empty, weak and stuck in our stuff when it comes to our prosperity.

Understand that being broke or being wealthy is merely a state of mind. I’ve had both myself and can you guess which one feels better and which one creates better results? Your state of mind and subconscious thinking is what drives the choices you make and what you do with your money.

Your confidence and self esteem can be tied into money. Many of us rate our success by the dollars to our name. If we feel short on cash in our life, we tend to feel short on confidence almost as if we’ve done something wrong or that we’re not good enough compared to everyone else.

Get clear that your money does not define you. With or without it, you are wonderful. It’s not money itself, but how you feel about your money that makes the difference in your life. Money has only the meaning you give to it. It is energy plain and simple, but whether it’s positive energy or negative energy is up to you.

There are many ways to improve your feelings about money and the financial standings in your life. The first is to be aware of your current concepts and the emotions that stir when you think about money. Be sure to watch for my upcoming tips on creating a wealthy mindset. Visit www.youcanflycoaching.com/contact to reserve a 15 minute consultation if you would like more information on developing a prosperity mindset!

Nicole is an accomplished Motivational Speaker and Success Coach. She has over 17 years of experience helping people achieve incredible levels of personal and professional success, health and prosperity. Her extensive training in the areas of mind-body synergy and verbal / non-verbal communication coupled with extensive self improvement, sales and time mastery skills have provided many clients with unparalleled success. She focuses her efforts on working with clients and organizations using a synergistic approach to solving complex issues resulting in substantial bottom line improvements. Focusing on up to date methods such as tele-classes, seminars, workshops and web based services, Nicole uses a variety of techniques and tools to deliver and teach necessary life-skills and business-skills to her varied clients. Nicole is a certified professional who has a passion for coaching others to find happiness and achieve a balance in every aspect of their life.

Add comment April 30th, 2008

What You Want to Know about Debt Reduction

Being in serious and mounting debt is definitely a stressful situation. Sometimes, it can bring up thoughts of hopelessness and despair. However, you should not fret and fuss overly about your increasing debts because debt reduction assistance can help you sleep well at night and wake up ready to face life without the concern of not being able to pay back your debts. Look around you, there are many organizations that will provide you assistance and free you from the suffocating effects of debt. You should remember that they will only provide debt reduction assistance and thus not completely remove your debt immediately.

But while many organizations offer many different options for debt reduction, not all of them are looking out for your well-being. Debt reduction services are a booming business, and as with any booming business sector, many of the organizations promising help are merely out to make a quick buck. Therefore, for you, research and understanding is the first key to success.

Finding a debt reduction service

It is necessary to bear in mind that there is no sense in becoming drowned by your debt in a short period of time. Rather, exercising care and being devoted and dedicated to removing your debt problem will stand you in good stead and help you get out of your debt situation. There are certain suggestions that you should consider before contacting an organization for debt reduction assistance.

To begin with, you must have on hand all the necessary financial information as well as carefully check your creditors. This is because you will find certain balances may be very high while others would be pretty low. It is believed that on average, an American will run up debts of about eight to ten thousand dollars, which is a good reason to seek debt relief service. Once you realize the need for assistance, there can be many potential sources for obtaining help that can be considered.

A good debt relief service has connections with many creditors. By using those contacts and negotiation techniques, they can help to reduce or alleviate debt. This ability to negotiate is the thing that you are looking and paying for.

Debt reduction service programs have been known to provide some very astounding results and could even lead to reduce minimum monthly payments by as much as seventy percent. Normally debt relief service programs help in consolidation of the debt into a single as well as low monthly payment that you pay to the organization every month instead of paying to each creditor individually. Because the debt reduction service counselor can negotiate well with the creditors, you can expect your payments to be as low as possible. Together with lower interest rates, you will get more money channeled towards your actual principal amount.

If you try and pay off your debts on your own, you may spend ten to twenty five years to achieve the status of being debt free once more. However, with debt relief service you can easily pay your debts off in two to five years while also having more money to meet your other necessities. With such a solution you will not fall into the debt trap and you will get excellent management of your money.

While debt reduction services can help, they will not be able to solve every problem. Therefore, any firm that promises to do so is promising something they probably cannot deliver. You should be very wary of any firm that makes such claims.

Other options

There are other things you can do if you do not want to go through a debt relief service. Perhaps the biggest thing you can do is be prepared to work more because a second job means a second income. This time period may not be the most fun portion of your life, but the key is to earn enough money to remove the debt. Working a second job does not have to last forever, but it can significantly help you when you are struggling to control rising debt.

Debt reduction agencies can help reduce the amount you owe, or allow you more time to pay the money. When you combine this ability with hard work and increased income, it is probably the best option available to remove debt.

Debt can be a crippling and stressful problem, but it can always be overcome. With the help of reputable agencies and determination on your part, you can climb out of the valley of debt and rise up the mountain of richness. Debt reduction is definitely not the end of the world and it is merely an obstacle to be overcome. Many people have succeeded in their mission to become debt free, and you can too.

Cindy Heller is a professional writer. Visit Debt Reduction Solutions to learn more about debt consolidation and reduction

Add comment April 29th, 2008

Avoid Getting Into The Debt Trap

It can be very difficult for those that get caught in the debt trap to try and escape from debt, and many people that get themselves into huge levels of debt spend many years - sometimes most of their adult lives - trying to get themselves back out of debt. Being in debt can have a profound impact on your life, and can affect your ability to enjoy the quality of life that you would like. For some people the debt trap can even result in being unable to keep up with repayments on bills, debts, and even mortgage repayments, which can lead to anything from damaged credit to the loss of your home.

Getting out of debt can be notoriously difficult, but it is important that people who are in debt focus on trying to clear their debts rather than thinking about getting in to even more debt to tide them over in the short term. So many people that have debts continue to take out loans and credit in order to try and ease their finances, and whilst this may work in the short term it can make life very difficult in the long term.

One mistake that many people in debt make is to consolidate their existing loans, and then rather than focusing on trying to pay off their consolidation loan they simply run up more additional debts, and then consolidate them all again some time down the line - this process may continue for many years, and means that it could take years or decades for the borrower to get out of debt, as they are constantly running up debts and taking out larger and larger consolidation loans.

Whilst it is difficult to live your life without any form of credit - most of us take out a loan or credit card at some point - the main thing to remember is that you should not become reliant on credit. You need to exercise willpower, determination, and caution when it comes to taking out finance, and you should always make sure that you do not overstretch yourself and take out finance for the sake of it rather than because you really need to.

Another way in which many people become caught in the debt trap is through the use of credit cards and store cards. Whilst these cards can be useful for funding purchases and provide increased convenience, it is important that you do not make minimum repayments on the cards each month, as you will find yourself lumbered with this debt for years otherwise. By all means use the card when you need to, but make sure that you pay off large chunks of the balance each month to clear the debt as quickly as possible, or better still repay the balance in full each month and avoid paying any interest on your debt.

Loans4 provide homeowner loan solutions for homeowners. Please visit http://www.loans4.co.uk for the latest finance related news.

Add comment April 28th, 2008

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