The 9 Steps to Financial Freedom
by Suze Orman
YOUR NET WORTH WILL RISE TO MEET YOUR SELF-WORTH BUT ONLY IF YOUR SELF-WORTH RISES TO ACCEPT WHAT COULD BE YOURS
If you really want a rich life the process must begin in your head with positive thoughts. If you are spending money you dont have and continue to do so even as the possibility of paying it off becomes more and more remote then you ar probalby spending mnoey not to have more but ot be more. The less self-esteem you have the more debt you create. If you have accepted love into your life then you must accept money as well if you dont you are implying that you are not yet worthy of money and you are placing higher value on money than on love a violation of the first law people first then money. Make yourself worthy of money and money will make itself worthy of you.
Step 1
Think back to your formative experiences with money and consider what these memories have taught you about who you were then and how they affect who you are today.
Step 2
Replace your financial fears with new, positive, empowering messages (i.e. "I have more money than I will ever need"; "I am in control of all my affairs"; "I have the power to put my money in good hands").
Step 3
Be honest with yourself about your current financial status and decide how you want to start spending your money.
Step 4
Be responsible to those you love by taking care of these "must-do's"wills, trusts, life insurance, durable power of attorney for health care, long-term-care insurance, and estate planning.
Step 5
Respect yourself and your money by investing wisely in retirement plans, stocks, money market accounts, and mutual funds and by eliminating credit card debt. Your actions will give that respect meaning.
Step 6
You must trust yourself more than you trust others. Pay attention to your inner voice it will tell you if how and in what you are investing is right for you
Step 7
Give a portion of your money to others. By releasing an anxious grasp on your money, you will open yourself to receive all that is meant to be yours
Step 8
Understand and accept the cycles of money. The setbacks you may have today or next year will not keep you from financial freedom. If you hold on to your goals and dreams, you will get there.
Step 9
Learn to recognize true wealth. Money itself will not make you financially free. That comes as a result of only that powerful state of mind which tells us that we are worth far more than our money.