by Chris Rosendahl on June 22, 2011
This is a question that I ask all of my clients when I meet with them. The answer to this question will determine whether you are successful or not at becoming free from the chains of debt. If your answer is “yes”, you will be open to a coach’s recommendations and will put forth effort to make your goal a reality. If your answer is “no”, you may hear a coach’s recommendations, but your inner voice will tell you that you aren’t worthy of making the change of becoming debt free or just can’t do it.
I’ve learned that success with all goals is a matter of deserve level. Deserve level means deep down that you deserve to get what you want. What you want typically falls into the wheel of life goal categories of financial, spiritual, physical, intellectual, family, social, and career. In one or more of these categories, you feel like you deserve to have it. However, in other categories, that deserve level is not high enough, and so those goals are usually not achieved.
You’ll never have a net worth that will outpace your self worth. Your self image becomes a set point for every area of your life. How someone feels about themselves and what they deserve to have will be the maximum of what they achieve.
by Chris Rosendahl on October 26, 2010
I’ve been asked this question many times since I began this business.
I like to address this question with an analogy. Imagine that you are broke and your car isn’t running for some reason. You aren’t a skilled mechanic and the problem is more difficult than a typical maintenance item like replacing the battery. You have to be able to afford to pay a mechanic to fix your car so that you can go to a job, look for a job, or use your car to run your business. One way or another your car is the vehicle that will allow you to make money in order for you to pay the mechanic to fix the car.
Financial coaching works the same way. Both the car and your personal finances are necessities that must be maintained in order for you to get ahead financially. Without either vehicle running properly, you are broke and will probably stay there until you make the decision to make a change.
However, for most people being broke is a temporary situation. Being broke or being wealthy is based upon a culmination of decisions that we make in life. Sir Richard Francis Burton said,
“Broke is a temporary condition, poor is a state of mind.”
Today, make the decision to no longer be broke and to learn how to win with money. Your education is the vehicle that will take you on the road to building sustainable long-term wealth.
