There is a psychological side to money, and this can have a great effect on how you manage your finances, both on a personal and a business level.
Looking into the psychology of people’s relationship with money is something unique that I bring to my clients.
Most of us focus on how much money we have or don’t have, and rely on specific physical actions to try and change our financial situation. However, if you have ‘Money Blocks’ (a negative belief, or beliefs, that prevent you from being the best you can be, which can reduce your opportunities for financial growth and personal development, can lower your self esteem and reduce creativity), any effort you put into areas such as budgeting and business planning will be diluted and therefore be less effective and not as efficient. Dealing with the negative emotions and beliefs surrounding money is vitally important for future growth.
The Science of the Brain and Money:
Neuroscience – The science of the structure and function of the nervous system, including the brain.
Past money traumas change the neural pathways of the brain and inhibit creative problem solving abilities.
While you may be aware of your past issues with money, for some people those memories and emotions may be deeply embedded in their subconscious, and they are completely unaware that they even exist; this is why some people who appear to have everything sorted actually don’t.
In order to heal you need to create new experiences, emotions and beliefs around money.
In the past two decades, research has revealed that the brain has a surprising level of Neuroplasticity, which is an ability to change it’s structure and re-organise it’s patterns of reacting.
So you can rewire your brain for success! Age is not a limitation. You can rewire your brain at any time.
MATS Consulting 