Is Your Financial Comfort Zone Keeping You Stuck?
Are you someone who likes security, being in control and "knowing" what's next
?OR
Are you someone who delights in uncertainty and enjoys challenging yourself?
The majority of us fall somewhere in the middle and we tend to stick with what we are familiar with. Most people are creatures of habit, from how we brush our teeth to how we handle our finances. Let's be real, it's feels a lot easier to keep things the same than to change our habits.
You may make the decision to up level one of your goals (e.g.. generate more money, get physically fit, or enjoy a closer relationship with your loved one) but you may be disappointed with your results.
Why is it that people don't achieve their goals and dreams right away? One very important reason: we slip back onto our old habits and patterns and this keeps us stuck. In weight management research, scientists call this a "set point". What researchers have discovered is that people tend to stay within a particular "set point" in their weight--even if they diet or not--and yo-yo dieters, who experience some success, will often slide back to their comfort zone weight and familiar patterns.
Guess what? This set point concept also applies to our money mindset. Whether we realize it or not, we have financial set points and this can dramatically affect how you are able to attract the type of client/customer you desire AND your pricing.
You can test this financial set point theory for yourself. How much did you earn this month? Write it down.
How much did you earn in the last 12 months? Write it down. Add them up and divide by 12-- you've got your set point.
Did you just have a big aha? Most people discover that yes; indeed they have a financial set point. If you'd like to change your financial set point and increase your income here's what to do:
3 Steps to Creating More Cash Flow: 1.Create a New Monthly Set Point-Do this by raising your current set point by 10-20% For example: if your set point is 7,000 a month and you increase your financial target this month by 10 %, then your new money goal is 7,700.00. Increase it by 20% and your new financial goal is 8,400.00
2.Get Creative and Get into Action-.Determine what you could offer that you are really excited that will enable you to bring in this extra amount about start marketing this product or service.
3.Celebrate your results! Lather, rinse, and repeat. Do the financial set point process each month for the next 12 months and you will see a huge difference both in your confidence level and your bank account.
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