By Tim T Dingle BSc (Hons) MIBiol PGCE MBA Chief Development Officer at AVPT Global.
I am sure you think about money every day. Right? Maybe it occupies your mind a lot? Does it even keep you awake at night? Well try thinking about the fact that the currency we exchange is nothing more than a piece printed-paper (cotton). It has no feelings at all. It doesn’t really have any value at all except the value that’s been assigned to it. Why would we want to measure our personal worth against printed-paper that has no value? This is the fallacy that millions of people have bought into. If you are an entrepreneur or a business owner serious think about doing a course to get this right now. You need to alter your perception right now.
You only need to look at the effect money has on the way we view ourselves. To some degree, our sense of self-worth and security tends to rise and fall with our income. Do you find that happening to you? Well regardless of how we reason it intellectually, the truth is, we always feel better when finances are not an issue. Imagine if the whole value exchange system had been built on something like buttons. “Oh, I’ve got more red buttons than you so that means that I am a more valuable person.” The whole concept is so absurd, it’s laughable; and yet, in reality, a handful of buttons are probably worth more than a pound coin.
A long time ago, currency was intended to represent a commodity like gold (The Gold Standard) but is that still true? Absolutely not, as there is no commodity to back it up – the Bank of England just prints up currency and put it into circulation. They call it Quantitative Easing these days or QE. The whole economic picture is just a very clever illusion which we all appear to buy (literally) into. So if it’s an illusion that we are all involved in, so what can we do? How can we come to terms with money?
For most people unless you have inherited wealth, we need some financial security in our lives. Sadly, the way we’ve been programmed to attract money is probably not the best way to satisfy that need. From early childhood we are told that money makes the world go around. Do you remember, as a child asking your parent, “Please can I have a pound?” They would question and ask the dreaded why? “I need it to get one of these.” So immediately, we learn to recognise that everything we want in life has a price tag on it. It’s all about the money, money. Well maybe improving self-esteem would help?
As we get older we start to link our worth with our hourly or monthly wage. As a result, our sense of personal value gets all wrapped up in what we are able to earn per hour or per month. Notice how this conditioning process unfolded. Initially, money had value because it represented what we could buy with it. Then it took on a personality of its own. You see, we all need money so we can pay the rent and put food on the table. The need is real and without adequate finances things can get very uncomfortable. Is it any wonder that it is almost impossible to avoid forming an emotional attachment with that worthless printed paper?
What happens to those emotions when the economy is floundering and personal assets start evaporating? Our sense of security can easily turn into panic and leave us incapable of making sensible decisions. That’s a lot of leverage for paper with no intrinsic value. Independent of the economy or our personal financial status, a balanced perspective can go a long way toward neutralizing the emotional influence of money. Maintaining the right mind-set will not only help us to get through tough financial times, it will also help us prosper in the future. Let’s try looking at this whole monetary issue from a more empowering point of view. We can do this by ignoring the negative press and addressing our personal relationship with money.
Have faith in your own business ideas and take control of your financial future. If you come up with a sound business idea, create a business plan and act on it promptly. Don’t allow limiting beliefs about your abilities to create income stifle your creativity.
Giving is a powerful way to attract what you need, and generosity opens the flow of abundance. I’m not saying you should give away your last shiny pound coin. But a mind-set based on hoarding is a sure way to create scarcity. Remember, there are many ways to give outside the realm of finances. Could you give of your time or experience to help others? What about training to help other by becoming a Virtual Tutor to guide students to success?
An obsessive view of money can make an unhealthy response, like greed and dishonesty. This can be true whether a person has a lot or a little. When money has that kind of power in a person’s life, they become its slave.
When we view money as just a tool, and don’t allow ourselves to get emotionally attached to it, we are in control. Remember, it’s just printed paper with no intrinsic value whatsoever. You, on the other hand, are extremely valuable.
Here at The Academy of Vocational and Professional Training we believe that the more you actively share your unique value with the world, the greater your sense of self-worth will become.