Money is not just a financial issue. In fact, it’s mostly psychological one. We see very smart people who are quite capable of the actions necessary to be financially successful struggle because of the psychological side of finances. I often tell people there is a continuum we all must deal with when it comes to money and on each side of this continuum there are different factors playing into it. Here is the continuum:
Wants VS. Needs:
I live on the far right side of this continuum and my work involves trying to help people move toward the economic side of this continuum as far as they can while they’re comfortable internally. We don’t want anyone to be outside of their comfort zones but moving towards the economic side of the spectrum will increase your financial outcomes exponentially.