Are you limited by your financial class?

If you were raised in a middle class family, and you are ambitious,then
your chances of prosperity and financial freedom are much lower than an ambitious friend who was raised in a poor / lower class family or in a rich upper class family.
  
Hold on don’t become defensive just yet. I came from a middle class let me share with you why...

Growing up, in every self-improvement book or business influencer pitch they will always tell you, you can be whatever you want to be. Think about it how many times you have tried to shed a new identity to yourself or a new business or even a new job offer.

You will always find yourself after some time, back in the same square where money is no longer enough for what you need to do as a free person. Regardless you are employed and you received a new raise or you are self employed many times you find yourself back in the same discussion after every couple of month. The money that you earn isn’t enough to cover your expenses or your lifestyle. Well if you haven’t been in these conversations periodically, either you are smart managing your finances or you haven’t been aware about them and it doesn’t bother you to keep your credits running ahead of you. This was my case until the recent past. More precisely when I understood my relationship to money, this is when things started to change.

What I want to share with you today has nothing to do with managing your finances, rather it is about “our relationship with money”. Due to my career and daily intense exposure to money, I have managed to build this perspective.

 Here is my observation. Our relationship with money is inherited from our homes. Here is how

If you were brought in a Poor  or lower class family – Money is scarce to rare. You will develop one of the following feelings for it and Those feelings will define your relationship to money.

Type A: ( where you have weak feelings like envy or anger from the people who has it)

This will define your relationship with money as hate and unproductive or laziness and you will not learn to produce it or own it unless you change the relationship type. You will always feel that money hates you and it will not come to you.

 

Type B: and that is my favorite type in the world ( where you have productive moods of hunger and urgency of self-improvement)

This will define your relationship with money as an initiator, business creator, risk taker and fearless, because you have nothing to loose. This will enhance your chances to succeed and attain an unimaginable levels of wealth unless you get stuck in the middle class and you fall in its trap.

If you were brought up in a Middle class family, where money exist but with limitation. You will always have the fear of losing it.

This will define your relationship with money as fearfull and you will always be the what if person. Your hesitations of doing things in your life will always be your barrier of fulfilling your ambitions. I used to be this guy. I have suffered from my fears like no one else have seen. Specially when I became a trader. I remember I used to trade with consistent profits following my strategy until my equity arrives to the number $ 40,000 USD. Starting from an initial capital of 15,000 USD at the beginning not bad eh. I used to consistently withdraw what we need to spend, and keep the equity growing.

Every time I hit this number. I loose track of my process and my psychology changes from trust in my skills to fear and the what if kicks in again. Then I start trading like a chicken in the market. If the trade is negative I close it without rules and if it is positive I also close it without rules afraid of loosing the profits already made.

Fear used to kill my trading skills and for sure it damaged my account.

Until I became aware of it.

Then I decided to police my thoughts and I noticed that I was panicking from loosing. That was exactly the same concern I would have when I’m deciding to go on a vacation, and I’m not comfortable with its budget.

It is this mode of “what if” That I had to break. What if I couldn’t cover the expenses, what if I fail, what if, what if…

 

 

This mode that I have inherited from my lovely family. Off course I love them all. After this discovery honestly being raised in a middle class sucks. It limits your prosperity because of your hesitant relationship with money.

I had to understand and practice that money is a source of energy that my skills allows me to flow with it. I had to develop a fearless emotion with money, that whatever happens my skills will cover the bills. Since that discovery my performance has become very satisfactory and joyful.  The trick is to develop a relationship with money of fearless and trust your skills will allow flow it in continuously. Your skill and attitude towards it, will make it happen.

 

If you were born in an upper class  rich family, your feelings towards money are indifferent and fearless. Similar to the  lower class type. Hence you venture, with the right guidance and support into projects , with a trust that your skills will always provide the capacity to manage and increase your wealth unless you suffer from lack of skills in you or your circles. I doubt that this happpens, as there are so many solutions for supporting the upper class to protect and develop their wealth, like foundations, or family offices or advisors etc…

 

To conclude. The similarity between the upper class and the productive lower class, is the emotion (lack) of fear towards money and the relationship is of continuous flow.

The challenge of the middle class that needs to be broken, is the feeling of fear is the handicapped relationship that limits its prosperity for generations.