Presentation Information

The Secret Language of Money


At a number of business seminars and presentations, I passed out an index card and asked each person in the audience to write anonymously a single answer to each of three questions. The three questions are:

1. To me money means _________.

2. My current annual income is _______________.

3. In order to insure happiness and contentment financially, with no more money problems and worries, my annual income would need to be __________.

The answers to these three simple questions reveal how much more we attribute to money than it being a medium of exchange. Money has a range of emotional meanings hitchhiking on it: love, security, control, power, worth, freedom, success, status.

In over 90% of the hundreds of people I have polled, their annual income would need to be roughly double its current amount for them to feel happy, content, without money problems and worries. This is as true as for someone who makes $50,000 a year, and believes it would take roughly $100,000 a year in order to be financially content as it is for someone who makes $500,000 and believes that it would take roughly a million a year. And, in discussions after this brief poll, those who actually experienced their income doubling also doubled their "happy and content" amount: for someone who had made $50,000 and believed that it would take around $100,000 to be happy, when they had achieved $100,000 annually, they then thought it would take about twice that amount to be content and worry-free about money.

Money was always intended to be a symbol, so it is a ready stand-in as a screen onto which we project personal meanings of what we idealize, want, yet fear we don't have enough of, don't deserve, or can never have. Particular emotions, such as fear and greed, may predominate in the money arena. Strategies and game plans may be abandoned at times of excess stimulation - when things are going particularly bad or especially good - and bad investment decisions prevail.

Money's symbolism is uniquely subjective, though society adds metaphors of its own. Some of the meanings are outside the realm of logic, reason, and intellect. The issue of money may quickly spark ambition, insecurity, envy, fear, jealousy, complication, guilt, or any number of emotional reactions. If someone is competitive, insecure, or prone to fantasize and worry, money is always a reliable and tangible focus, a yardstick of many measures.

Many emotional and relationship issues can manifest vividly in the financial arena, focusing on money as the answer, the problem, or both. Money may be the common language of success phobia, impulsivity, and even fear of autonomy, such as creating financial crises from which to be rescued. Money symptoms include compulsions such as gambling, shopping, hoarding. Money may become the currency of addictions such as work, financial risk-taking, money acquisition, or impulsive spending. While we often make decisions on an emotional basis, the particular meanings and significance of money has a built-in readiness to be an emotional trip wire for meanings and decisions that are repetitive and limiting.

The more money represents unfulfilled needs or wants, the more promise it holds of happiness. The perpetual hope that more money will provide happiness sharply focuses what "enough" is. Someone who assumes that more money would bring more security or freedom may find that more money paradoxically brings a lessened sense of security and freedom. Or, if we could have just the right amount of money, then we could do exactly what we really want to do and have what we want. The "right amount" may be a specific figure, but if it is a floating figure defined by "more" it is perpetually elusive. But this illusion may not have to be confronted as long as the amount extends beyond the realized, and about double is a safe lead.

Understanding and changing money problems and patterns requires understanding your money story as part of a life story that you are creating each day. The beginning of evaluation of that story is to recognize that you are the author of that story. Whatever you think, feel, and do are active creations for ownership moment by moment.

Being loyal to a game plan and reaching a goal assumes having a game plan and attainable goals. First, construct a map to figure out where you are and where you want to go. Without a map, there cannot be a plan to get there; without knowing where you want to go, any map will do. Next, figure out how to get there. Primary problems with those who do not succeed include not knowing where they are, where they are going, not having a plan to get there, or getting distracted from their plan to get there. Having a map (attainable goals and measurable results) allows you to filter noise, to discern the route to where you want to go, and to recognize what is tangential or a detour in getting there.

Your life is the manifestation of your beliefs. Changing your mind changes your brain and life, as beliefs, goals, and visions drive action. Your experiences are always consistent with your assumptions: enhance the ones that work, and change the ones that don't work.

David Krueger, M.D. is an Executive Strategist/ Professional Coach (execstrategist@aol.com). He is the author of 11 books including EMOTIONAL BUSINESS. The Meanings and Mastery of Work, Money and Success.

  


MORE RESOURCES:

Golar LNG Limited: Q1 2012 results presentation
Reuters
In connection with this a webcast presentation will be held at 3:00 PM (London Time) on Wednesday, May 30 2012. The presentation will be available to download from the Investor Relations section at www.golarlng.com This webcast will be immediately ...

and more »


Supes to hear presentation on China Lake next Wednesday
Ridgecrest Daily Independent
By Staff reports Wednesday's Kern County Board of Supervisors special meeting will feature a presentation about what the Naval Air Warfare Center Weapons Division is working on at China Lake. This will be a simple discussion and presentation, ...



Dendreon Announces Webcast Presentations at Upcoming Conferences
MarketWatch (press release)
The presentations will be webcast live and available for replay from Dendreon's website, www.dendreon.com . If you are unable to listen to the live webcast, it will be archived on the site following the presentation. To access the replay, ...



Lawn & Garden: Herb garden presentation
Peoria Journal Star
By Anonymous The Pekin Public Library's next session in its monthly gardening series is "Herb Gardens," presented by Master Gardener Beth Wegner, at 6:30 pm June 4. In this program, attendees will view herbs in the library's garden, ...

and more »


Cross Country Healthcare to Present at Jefferies Healthcare Conference
MarketWatch (press release)
BOCA RATON, Fla., May 25, 2012 (BUSINESS WIRE) -- Cross Country Healthcare, Inc. (NASDAQ:CCRN) announced today that it is scheduled to make a presentation on Thursday, June 7, 2012, at 2.00 pm Eastern Time at the Jefferies 2012 Global Healthcare ...
Endo Health Solutions Inc. to Present at Jefferies 2012 Global Healthcare ...Sacramento Bee
MEDNAX To Present At Jefferies 2012 Global Healthcare Conference In New York CityTheStreet.com (press release)
Depomed To Present At Jefferies 2012 Global Health Care ConferenceDaily Markets

all 108 news articles »


Golar LNG Limited: Q1 2012 Results Presentation
MarketWatch (press release)
In connection with this a webcast presentation will be held at 3:00 PM (London Time) on Wednesday, May 30 2012. The presentation will be available to download from the Investor Relations section at www.golarlng.com This webcast will be immediately ...

and more »


Honeywell To Present At Sanford C. Bernstein Strategic Decisions Conference
MarketWatch (press release)
MORRIS TOWNSHIP, NJ, May 25, 2012 /PRNewswire via COMTEX/ -- Honeywell (NYSE:HON) today announced that Dave Cote, Chairman & CEO, will be presenting at the Sanford C. Bernstein Strategic Decisions Conference in New York City on Friday, June 1, ...
Aetna Announces Appearance at Sanford C. Bernstein's 28th Annual Strategic ...EON: Enhanced Online News (press release)
Kimberly-Clark To Webcast Presentation And Q&A At Sanford C. Bernstein ...Daily Markets

all 118 news articles »


Vertex Announces Webcast of its Presentations at Two Investor Conferences
MarketWatch (press release)
CAMBRIDGE, Mass., May 25, 2012 (BUSINESS WIRE) -- Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) today announced that Vertex will webcast its presentation at the Sanford C. Bernstein Strategic Decisions Conference on Wednesday, May 30, ...



BPF: Presenting the Lusitano Classic Horse Festival – Merrimac, MA
Portuguese American Journal (blog)
There will be farm tours for visitors, a presentation on the breeding program and foals, and demonstrations throughout the day that showcase the Lusitano's versatility. The event is free and suitable for all ages. Known for its elegance, intelligence, ...



Flag Presentation by Congressman Ralph Hall to Ambrose
Longview News-Journal
Sunday afternoon, at the home of Congressman Ralph Hall, Ken Ambrose, Republican Party Chairman Upshur County, was presented an American Flag that was flown over the US Capital. Participating in the event were Astronauts Neil Armstrong, Gene Cernan and ...

and more »

Google News

Article List | Index | Site Map
All logos, trademarks and articles on this site are property and copyright of their respective owner(s).
The comments are property of their posters, all the rest is Copyright © 2006 CanadaSEEK.com - All Rights Reserved.