We have already figured out that, no matter what we learned at school, the degree we obtained has not prepared us for living a happy, independent and abundant life. Education in the U.S. is designed to give us academic knowledge and make us more employable, but it doesn't address goal-setting, money attitudes, accepting risk, work ethic or passion. We are taught to look for a job and a paycheck, but not provided any guidance about business ownership, personal freedom, wealth and fulfillment. 

I suggest we first resolve to humble ourselves and admit that, no matter our academic credentials, we don’t yet know everything. If we think we know how to work for ourselves, we would do it. If we knew how to be wealthy, we would be. So let’s agree from the start – if we don’t live it, we probably don’t know it. This is why GenYize's mentorship opportunities are so amazing - you can learn from people who live what they preach. 

As somebody who is teaches people how to accumulate wealth from scratch, the first lesson I had to learn is that money doesn’t go where it is not wanted. Believe it or not, most of us repel money and wealth because we have wrong attitudes about finances.

Few of us are mentored by millionaires and billionaires personally, and the message we received from our middle class values actually vilify wealthy people to justify lack of financial success of the masses. The difference in mental programing of wealthy people as opposed to the average person is reflected in a classic bestseller by Robert Kiosaki “Rich Dad, Poor Dad.”

Money is the root of all evil. Money doesn’t buy happiness. Filthy rich. Not everyone can be rich. There is never enough money. Any of these sayings sound familiar? If they do, it means our perception of money is corrupted and we must start changing how we think about money and success. In the future  I will be sharing the principals of income generation, investing, designing strategies to become financially independent and much more to give you the tools to become wealthy. However, if we're not cognoscente of our biases against money, the technical knowledge will not be enough. 

So what are the techniques we could use to change our subconscious ‘money blueprint?’ Setting money-related goals like financial independence and freedom from debt is certainly a good place to start. Another important step is creating positive associations with wealth that are congruent with our personal beliefs. For example, reflect on how having wealth will give you freedom to spend time with loved ones, support those in need or fund charities.

Think about what we would do with our time if we did not have to worry about paying the bills. Asking yourself such questions helps us determine the purpose of your existence and equates acquiring wealth with being free to pursue the life you want to lead. 

So here are a couple of things to do before we connect next time: 

1. Start building your wealth library and reprogram your mind

Find either an audio or print version of 'Rich Dad, Poor Dad' by Robert Kiosaki and 'Secrets of Millionaire Mind' by T. Harv Ecker. You can also start following these authors on social media.

2. Reflect on what you want to do with your life

Consider how having wealth can have a positive impact and allow you to pursue your personal goals.

3. Sit and write down some clearly defined financial goals

In the coming weeks, we will explore the concept of financial independence and how to build a bullet-proof financial strategy for today and for the future.

Next Article in The Money Sense Series: 

AuthorOlya Dadressan