How our thinking errors about money destroy us
Depressed about your financial situation? Have a bad relationship with money? These may be the results of thinking errors. Learn which are affecting you, how to overcome them and get your free copy of our new ebook here.
Your beliefs are your destiny
On today’s Queer Money®, we discuss the most common and sabotaging thoughts around money (as identified by our Queer Money Facebook Group) that make financial success harder, and in some cases, impossible to achieve. We share where these errors in thinking come from and they influence your results in life. We weigh in on the most common and most diabolical errors.
We discuss the errors that afflicted us the most and the one that’s most challenging for the LGBTQ community. Hear insights on the false belief that having more money will solve all your problems and get our top tips for identifying and overcoming the ones that are currently holding you back.
Hear about (and conquer) your thinking errors:
Topics covered on erroneous thoughts
The definition of thinking errors
- Self-defeating, faulty beliefs
- Don’t match with reality
How our belief systems inform our thinking
- Thoughts—words—actions—habits—destiny
- Beliefs become who we are, produce results
Where these errors come from
- 90% of beliefs adopted by age seven
- Adopt what others say as truth
Error #1 — I’m not responsible for my situation
- Blame problems on others (e.g.: parents, government, boss)
- Successful people take radical responsibility
Error #2 — I can wing it with my money
- Fail to plan = plan to fail
- Success hinges on preparation + opportunity
Error #3 — Having more money would solve all my problems
- Did not pay off debt despite raises, bonuses
- Examples of NFL players and lottery winners who go broke
Tips for overcoming erroneous thoughts about money
- Identify the errors that affect you
- Look for someone who overcame a similar challenge
- Determine where you learned these errors
- Connect current results with possible errors
- Be conscious of how these errors come up in daily life
Resources to vanquish these money errors
- 7 Thinking Errors That Prevent Financial Success
- Sir Roger Bannister
- Credit Card Pay Off Course
- Queer Money Live Tour
- Viktor Frankl
- Gabrielle Giffords
- Marsha P. Johnson
- Napoleon Hill
- CNBC & Acorns Invest in You Savings Survey
- 4: The 4 Principles of a Debt Free Life by John R. Schneider III and David Auten
- ‘How (and Why) Athletes Go Broke’ in Sports Illustrated
- MIT Article on Lottery Winners & Bankruptcy
- Live Debt Free or Make More Money on Queer Money® EP105
- Gary Vaynerchuk
- Queer Money Facebook Group
- Subscribe on iTunes
- Email [email protected]
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