Money Class (Part 1)

Money Class (Part 1)

I had the priviledge of attending a money class last Saturday that has left me with enough to think about. I would like to share a bit of what stood out for me; maybe it can be of help to you or someone you know. When I am not coaching or reading, I spend some time developing my spiritual side. This is one of those classes that I attended, this time with an interesting topic. Money. I was up early, cleared my calendar of any other agenda because I wanted to hear what Dave had to say and teach us about money. The first thing he commented on was ‘When people hear of a class about money, they expect to be taught how to make some…’ Of course, yes. He was right.
He asked us to write down our ‘3 Core Beliefs about Money’. We all wrote them down. It is from here that his class picked up.
Here is what I wrote down; (Please do not to laugh rather write yours too…)
My 3 Core Beliefs about Money
1. It is hard to get a lot of it
2. Money goes away quickly and easily than coming in
3. It is exhausting to think about it
He then asked us if we could confidently teach our children these beliefs as an inheritance we were leaving them.
Most of us couldn’t. I couldn’t. I knew this wasn’t something I could teach.
He then proceeded to give us his definition of BELIEF.
This is what caught my attention. He said there are 3 types of BELIEFS. The 1st two almost identical
i. Assumptions
ii. Opinions
iii. Principles
Assumptions
Something accepted as true without proof and is derived mostly from previous habits or results
Opinions
A view of judgement formed about something not necessarily based on fact or knowledge. Mostly held by a large number of people. They are dangerous, people die for opinions.
Principle
A basic general truth that underlies, governs a subject or system.
All 3 are beliefs.
He said assumptions and opinions sometimes work, they give results and this can make one confident that things will always work. He gave an example of his friend who visits him at the office without calling. He has found him in the office several times, then one time he went unannounced and bounced. He was a bit disappointed. The belief he had, didn’t yield the results he expected. He was operating from assumption that he would find Dave in the office. This is exactly what happens to us when we operate from assumptions and opinions.
Consistently wealthy people are not there accidentally. They operate from certain principles and have a different mindset from the majority whose beliefs are based on opinions and assumptions. This stood out for me.
The next question he asked was;
Is the thing I am calling belief a principle, opinion or an assumption?
This is when I realized the truth about my beliefs. They are not principles.
Right now, my homework and the rest of the group is to go to the bible and dig for ourselves principles for wealth creation, management and multiplication.
I can tell you this class has opened up my mind to a new level.
What are your beliefs about money?
Are they opinions, assumptions or principles?
If you are like me, then you are welcome to research on principles around money. Then change your beliefs accordingly. This will create a new mindset and corresponding habits. He mentioned that a good teacher will teach on mindsets and not habits. We should not copy people’s habits blindly, rather we should ask, what mindset they have. Powerful
The mindset of people operating from principles is different from those operating from opinions and assumptions. Their results show time and again. You would think as a coach I know it all. Surprisingly No! Everyday proves to be a learning day for me. I am glad I attended this class.
You can check out David on www.unreasonforum.com

 

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