Learn more about psychology with this collection
How to close the deal
How to handle objections
How to present your value to your employer
Understanding money can be fun
- Know that emotions about money are okay. Use your feelings to understand your values, your needs, your wants.
- Educate yourself about money. Know what compound interest, investments, etc. mean.
- Money can inspire and motivate you. It can help you create joy. For example, buy a gift for a friend or give some support to your parents. It can help you feel happy about being generous.
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Shifting your mindset
- The easiest way to reframe your mindset is to switch how you think about it. Instead of thinking about what your loan couldn't do for you, consider how you benefited from it. Maybe you met good friends, or you had valuable experiences.
- Investigate your ideas, thoughts, and feelings a...
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Feelings and debt
Your feelings do not correspond with your debt. You may think you will be happy if you pay off your debt, but you will always have something else to worry about. This just means that your emotions don't give an accurate picture of your financial situation.
You may b...
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The psychology behind our relationship with money
Anything important in our lives is emotional. Our relationships are emotional. So our money is emotional.
The problem is when we think money is all about math. We think questions like, "Should I buy a house?, or "Should I negotiate a higher salary?" is purely mathematical.
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Negative emotions about money
It is normal to feel negative about money. For example, you may be paying off a college loan and feel anxious and guilty when thinking about your debt.
You may fixate on all the feelings around the terms of a loan, the interest on the loan, how much money you have to make a payment, the...
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Feeling Good About Who You Are
- Know what measuring stick you’re using to determine your value
- Measure your self-worth based on the factors you can control (like your values, spirit of showing up in failure, hardships you endured till now etc.)– not the external events in your life(like people, mo...
How to brighten your day
- Reflect on what you appreciate and love about your partner, friends, or family members.
- Express your appreciation to them.
- Take the time to see how you can help someone out.
- Slow down for 3 minutes.
Types of people
Category 1: Losers
People who always see negative in everything and put in the least amount of effort or no effort at all. They are least bothered about what is happening around them. They will only crib and complain about how the world is. They will say someth...
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