Increasing Money by Conquering Personal Fear and Greed

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Increasing Money by Conquering Personal Fear and Greed

Increasing Money by Conquering Personal Fear and Greed

One of the first lessons that "Rich Dad, Poor Dad" teaches is about understanding and controlling fear and greed. Many people go to work and work hard not to learn more and to grow, but out of fear that they won't have enough money to pay their bills. So early in their lives they form the pattern of:

Get up
Go to work
Pay their bills
Get up
Go to work
Pay their bills
Sound familiar?

Then when they get more money, rather than using it to purchase assets that will increase their future income, they spend it on luxuries (which Rich Dad calls "doodads")...

Things get worse when they start borrowing money to buy more doodads or just to survive. When they get the new credit card or the new loan, uncontrolled desire sets in and they begin buying more than they should. They become very good at accumulating doodads and debts rather than cash producing assets. Then when the bills come in, fear sets in and they feel the need to go to work-not because they enjoy what they do or to increase their knowledge, but because they are afraid of not having enough money. This is the rat race. Living (if you want to call it that) from paycheck to paycheck.

So, if you want to get control of and increase your wealth, the first thing you must do is to get control over your fear and your greed. That can only happen by taking back control of your internal representations: the things you see, hear, feel, taste, and smell in your mind. This is something only you can do. But if you are like me, you need tools to help you to change your thought habits. That's where affirmations, positive audio programs, books, and seminars play a very important role. Just earning a lot of money will not help you manage the emotions of fear and greed. You can only master your emotions by mastering your mind.

Stop listening to what others are suggesting/telling you to do (like Corporations through their advertisements). Choose your own thought habits. Below are some additional affirmations based on my continued study of Rich Dad, Poor Dad. But there is nothing preventing you from creating your own. If you need help creating your own Power Affirmations, you can study the other articles in this site. Once you learn a few simple rules, it is extremely easy. Used properly, Power Affirmations will improve your thought habits. And when you improve your thought habits, your whole world will improve.

Here are some new affirmations:

As I work to learn, I discover new opportunities to increase and multiply my wealth everyday.

1) I work to learn, and my increased knowledge multiplies my wealth.

2) Because I'm working to learn, I see and take advantage of new opportunities that others miss.

3) Using my thoughts, I create new opportunities for myself everyday.

4) I am now the master of my emotions and my money.

5) I am now courageous and intelligent. I increase my money by boldly taking intelligent risks and managing my expenses.

6) When outstanding opportunities present themselves, I seize them quickly and decisively.

7) I correct my circumstances by correcting my thinking. I take responsibility for the circumstances in my life.

8) I am now passionate about studying wealth and abundance.

9) I work to contribute and to create new opportunities for myself and other people.

10) I accept the truth about my emotions, and through the power of my mind, I use my emotions to create positive and lasting change.

11) By mastering my emotions, I am now a master of the power of the money in my life.

12) I learn the life lessons within my circumstances.

13) My circumstances are getting better all the time.

14) I find new ways to create money that does not require my presence.

For practical self-improvement tips, visit http://www.poweraffirmations.com. Get my new free e-book, "Power Affirmations: Power Positive Conditioning for Your Subconscious Mind"

In The News:

Yahoo! News: Top Stories

Obama warns of dire consequences without stimulus (AP)

AP - President-elect Barack Obama warned of dire and long-lasting consequences if Congress doesn't pump unprecedented dollars into the national economy, making an urgent pitch Thursday for his mammoth spending proposal in his first speech since the election.

Obama tax plan runs into opposition in Senate (AP)

AP - President-elect Barack Obama's proposed tax cuts ran into opposition Thursday from senators in his own party who said they wouldn't do much to stimulate the economy or create jobs.

UN halts Gaza aid shipments, cites Israeli attacks (AP)

AP - The U.N. halted deliveries to the Gaza Strip on Thursday after gunfire from an Israeli tank killed an aid truck driver, and the threat of a wider conflict arose when militants in Lebanon fired rockets into northern Israel.

Retailers report dismal December sales (AP)

AP - Retailers reported dismal sales figures for December on Thursday as even Wal-Mart Stores Inc., one of the bright spots in the industry, finally buckled under the pressures of the deteriorating economy.

Prosecutors: Madoff was ready to send out $173M (AP)

AP - Prosecutors said Thursday that investigators found 100 signed checks worth $173 million in Bernard Madoff's office desk that he was ready to send out to his closest family and friends at the time of his arrest last month.

Continuing jobless claims rise more than expected (AP)

AP - The number of people continuing to seek unemployment benefits has risen sharply, according to government data released Thursday, indicating that laid-off workers are having a harder time finding new jobs as the recession enters its second year.

Shooting by Oakland, Calif., officer sparks anger (AP)

AP - Mayor Ron Dellums urged residents to remain calm after protests turned violent in the fatal shooting of an unarmed black man by a transit police officer.

Microsoft's Ballmer: Windows 7 is nearly final (AP)

AP - Microsoft Corp.'s next version of the Windows operating system is almost ready for prime time. That's one message Chief Executive Steve Ballmer delivered on the eve of the official opening of the International Consumer Electronics Show.

Private memorial set for Travolta's son in Fla. (AP)

AP - John Travolta and family were expected to host a private memorial service Thursday for their son, 16-year-old Jett Travolta, at their gated-community home in central Florida.

AP source: Smoltz agrees to deal with Boston (AP)

AP - John Smoltz has reached preliminary agreement on a contract with the Boston Red Sox, who also agreed Thursday to a one-year contract with outfielder Rocco Baldelli.

Obama pushes stimulus and warns on recession (Reuters)

Reuters - President-elect Barack Obama sought to rally support on Thursday for a massive fiscal stimulus package by warning that the United States could remain mired in recession for years without bold action.

U.N. agency halts work in Gaza as death toll tops 750 (Reuters)

Reuters - Palestinians faced even grimmer conditions in the Gaza Strip on Thursday after a U.N. aid agency halted work, saying its staff were at risk from Israeli forces fighting Hamas militants, after two drivers were killed.

Jobless rolls at 26-year high, retail sales weak (Reuters)

Reuters - Unemployment benefit rolls swelled to a 26-year high in the last week of December, data showed on Thursday, while retailers, including market leader Wal-Mart, reported poor sales as the year-long economic slump deepened.

U.S. says Madoff had checks ready, seeks jail (Reuters)

Reuters - A search of accused swindler Bernard Madoff's office desk revealed he had signed checks totaling more than $173 million ready to be sent, U.S. prosecutors said in court papers on Thursday asking a judge to jail him.

Russia says will restore gas when monitors in place (Reuters)

Reuters - Russia said on Thursday it would restore gas supplies to Europe through Ukraine once international monitors were in place, but Moscow and Kiev remained at odds over the terms of any supervision.

Global economic woes deepen, more action urged (Reuters)

Reuters - Bleak economic data in Europe and disappointing December retail sales figures in the United States unsettled financial markets on Thursday, strengthening the case for more government stimulus and encouraging rate cuts.

Probe of CIA video destruction winding down (Reuters)

Reuters - A criminal probe into the CIA's destruction of videotapes showing harsh interrogations of terrorism suspects is almost finished, court papers made public this week show.

Satyam in crisis as India vows to end company fraud (Reuters)

Reuters - India's Satyam Computer faces a crisis of "unimaginable proportions," its interim chief executive said a day after the chairman revealed profits had been falsely inflated for years.

Rocket attack jolts Israel as Gaza war blazes on (AFP)

AFP - Rockets fired into northern Israel from Lebanon on Thursday sparked a new military alert as Israeli jets carried out mass strikes on smuggling tunnels in Gaza.

Russia to restart Europe gas after transit deal: Medvedev (AFP)

AFP - Russian President Dmitry Medvedev on Thursday said Moscow will resume gas supplies to Europe via Ukraine after it has struck an agreement with Ukraine on the transit, Russian news agencies reported.

Increasing Money by Conquering Personal Fear and Greed

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