Tony Robbins – Personal Power II – Day 17 – Conditioning Wealth

“Money is nothing more than a means of measuring the exchange of value between people.”

~ Tony Robbins

Many of us have pain associated with wealth in a dance of approach / avoidance. Due to events in our past, we can call these “wealth wounds”. There can be a lot of sensitivity about financial problems and therefore if these wounds are not healed, it is impossible to get a ton of financial resources.

Generally speaking, poverty and scarcity brings out the worst in people and abundance brings out the best. People living in poverty tend to have the highest criminal records, the most drug use, and the most unhappiness. Being one of the consistently broke group of people does not help you or the group. You can do more good by getting rich so you can give back.

There are seven reasons why most people never make it financially.

1). They associate negative things with having or earning money. Remember, the past is not the same as the future.

2). They do not establish having an abundance of money as an absolute obligation. Unless we decide what is a need, not an option, how can there be any improvement?

3). For them, there is no effective wealth creation strategy. To prepare for great wealth, strategies must be developed to

• attract money to your life
• managing your dollars
• sharing your money, which will give you a lot of happiness

4). They are unable to consistently meet their financial goals. Finding ways to make your money work for you, like taking advantage of compound interest, which can take a lot of pressure off if you have time to watch it grow.

5). They depend too much on the “experts”. There is no one who cares more about your money than you. Experts are valuable, but you need to watch your money and your taxes. If you make mistakes in these types of decisions and planning, you will be the final person in charge, not your professional.

6). They become financially complacent. Many people take their wealth for granted. Whatever you don’t use, you will lose it. It is a good idea to keep in mind that if you do well with what you have, you can get more and, if you do not believe well, what you have will be taken from you. Don’t treasure what you have.

7). They allow financial challenges to go from bad to worse to financial ruin. The path to wealth is most likely not a straight line. If problems arise, stay in the game and ask good questions to help you get back on track.

Be willing to transform crisis into opportunity. By having financial faith, you can learn from the situation and find even more opportunities.

The assignment:

Get a financial checkup to uncover your “wealth wounds” so you can heal quickly:

1). Ask yourself to list the beliefs you have that hold you back.

2). Is there a specific amount of money that is an absolute value? HAS TO? Is this number the “must have” for your life, or is this number the ability to live comfortably while paying your current bills?

3). “Never leave the site of setting a goal or making a decision without taking action to achieve it. Make sure you take action to move toward financial dominance.

4). Find something in today’s session to start to feel like you are making progress. Remember, small actions lead to a pattern of habits that can ultimately be used to create the financial freedom we all deserve.

5). You can list financial terms or aspects of financial management that are not fully understood. Look for people or resources who can provide answers on these topics.

6). Do you remember we talked about complacency? Write a paragraph about “why” you will stick with your plan and avoid complacency. Acknowledge the excuses you’ve used in the past. Mastery is the only option now.

7). Ultimately, what frees us from fear is the belief that we are much more than anything that can happen to us financially. Write one or two situations that you went through that seemed very difficult. Remember that you have the ability to turn challenges into success.

Sometimes our “wealth wounds” are more tender to try to heal, but the good news is that there are ways to heal them. One way is to find someone who has successfully gotten to where they would like to be. You can “model” their example if you find out exactly what they did and then follow that pattern.

Taking the time to do these exercises will teach him more about yourself. Honing the skills in this lesson will provide additional ways to set yourself up for success.

Ahead.