The Money Podcast 8 Wealth Blockages & How to Remove Them for Riches
Do you often wonder why your wealth is not increasing? Today, Rob outlines the eight common behaviours that act as wealth blockages and how to remove them from your life to increase your opulence. Discover how having a long term viable plan can help you achieve long term wealth, the importance of who you chose to surround yourself with and the role this can play in blocking or expanding your wealth as well as how changing your mindset can allow money to flow to you.
KEY TAKEAWAYS
- Not having a long term and viable wealth strategy can act as a blockage to your wealth. Many people chose ‘gimmicky’ get rich quick ideals for creating wealth, but these are often not successful. People who do not have a clear vision or mission tend to procrastinate and get distracted easily and will often fall for ‘get rich quick’ schemes as they do not have a clear purpose or direction.
- Have a high value and focus on asset and wealth building and a non-fantasy focus. When you ask some people what is important to them, they will not mention money. Money tends to circulate from those who value it least to those who value it most. When you put a higher value on money then you will retain more of it and you will manage it well. Some people think having a high value on money is somehow greedy, but it is not. Money is nothing other than a universal mechanism of exchange of value.
- Learn to manage your own money. Once you have mastered this, you have nobody else to blame and you are also fully responsible for it. When you win it is on you and when you lose it is on you. You will learn to take responsibility for the losses and fix them yourself. You can trust yourself with your own money, but giving your money to somebody else to manage runs the potential to leave yourself vulnerable.
- A blockage to your wealth could be who you choose to surround yourself with. Where are you taking your education and information from? If you want to increase your wealth then you will need to change your environment and be influenced by people that have mastered wealth or are continuing to master wealth.
- Another way to overcome your blockage to wealth is to overcome your money eroding wealth emotions. Emotions such as boredom, guilt and shame can erode your wealth. Boredom is often a big damager of long term wealth. When people become bored or down, they often spend money as a way to pick themselves up. All emotions are linked to money in some way and will erode wealth if not managed correctly. Manage your emotions and create a clear vision and purpose, understanding that your path is viable, taking the highs and lows along the way.
BEST MOMENTS
“Vision, mission, certainty and clarity. They will help you have a long term plan
“The difference between them and billionaires is the level of deserving.”
“Where focus goes, energy flows and results show.”
VALUABLE RESOURCES
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979