UNDERSTANDING THE ENIGMATIC CIRCLE OF WEALTH
By: Marcella Mollon-Williams
Financial Strategist, Life Tyme Financial Group
Each of us has our own set of values and beliefs and one way that we express values is through the financial decisions we make. Think of it this way: when financial decisions align with values, we experience a very real sense of satisfaction and contentment. However, when we struggle, worry, experience buyers’ remorse, or suffer over money, it’s very likely that our financial choices are inconsistent with our inner value system.
This is why, no matter what financial decision you are facing, the first step is to define your values and discover your True Purpose for Money. This will pave the way for long-lasting satisfaction and fulfillment regarding financial decisions.
Discovering your True Purpose for Money is a process. The first part of the process involves understanding the Enigmatic Circle of Wealth, which is a cycle that explains the human emotions,associated with financial decisions.
Have you ever heard the sayings: “You always want what you can’t have” or “The grass is greener on the other side of the fence?” We all seem to get trapped at some time or another in the feeling that “if only I had ____, then I would be happier.” And then we get that ____, and we do feel happy for a while, only to begin the pattern again.
This is the Enigmatic Circle of Wealth. But I’ll break it down in to 5 stages:
PHASE 1: Survivorship Stress: the deep anxiety that we may not be able to acquire or maintain what we feel is necessary to continue or existence.
PHASE 2: Human Wants: That longing for; or craving for those material possession that give us a false sense of security.
PHASE 3: Obtainment: In this phase, we acquire things and accomplish goals in an effort to satisfy the survival need and quench desire.
PHASE 4: Relief & Exuberance:That natural high we feel in the moment we first acquire something new. Unfortunately, This feeling does not last long, and is often confused with fulfillment.
PHASE 5: Comparative Analysis: This means we compare our choices against others’ choices. We even start Questioning ourselves - “Is it the best?” or “Did I really make a good choice?” plague us
The only way to break this cycle is by beginning the process of Discovering your True Purpose for Money.
We are all unique and the result will be different for each individual. However, the process can work for everyone. Awareness of this cycle explains why discovering your True Purpose for Money is so important. But knowing is only have the battle.
~Copa
By: Marcella Mollon-Williams
Financial Strategist, Life Tyme Financial Group
Each of us has our own set of values and beliefs and one way that we express values is through the financial decisions we make. Think of it this way: when financial decisions align with values, we experience a very real sense of satisfaction and contentment. However, when we struggle, worry, experience buyers’ remorse, or suffer over money, it’s very likely that our financial choices are inconsistent with our inner value system.
This is why, no matter what financial decision you are facing, the first step is to define your values and discover your True Purpose for Money. This will pave the way for long-lasting satisfaction and fulfillment regarding financial decisions.
Discovering your True Purpose for Money is a process. The first part of the process involves understanding the Enigmatic Circle of Wealth, which is a cycle that explains the human emotions,associated with financial decisions.
Have you ever heard the sayings: “You always want what you can’t have” or “The grass is greener on the other side of the fence?” We all seem to get trapped at some time or another in the feeling that “if only I had ____, then I would be happier.” And then we get that ____, and we do feel happy for a while, only to begin the pattern again.
This is the Enigmatic Circle of Wealth. But I’ll break it down in to 5 stages:
PHASE 1: Survivorship Stress: the deep anxiety that we may not be able to acquire or maintain what we feel is necessary to continue or existence.
PHASE 2: Human Wants: That longing for; or craving for those material possession that give us a false sense of security.
PHASE 3: Obtainment: In this phase, we acquire things and accomplish goals in an effort to satisfy the survival need and quench desire.
PHASE 4: Relief & Exuberance:That natural high we feel in the moment we first acquire something new. Unfortunately, This feeling does not last long, and is often confused with fulfillment.
PHASE 5: Comparative Analysis: This means we compare our choices against others’ choices. We even start Questioning ourselves - “Is it the best?” or “Did I really make a good choice?” plague us
The only way to break this cycle is by beginning the process of Discovering your True Purpose for Money.
We are all unique and the result will be different for each individual. However, the process can work for everyone. Awareness of this cycle explains why discovering your True Purpose for Money is so important. But knowing is only have the battle.
~Copa