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What Emotions Fuel Your Financial Destiny?

Julie Murphy • Sep 05, 2023

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Every so often, I indulge in a rejuvenating retreat at The Chopra Center for Wellbeing in sunny Carlsbad, California. The experience is nothing short of transformative – it uplifts, heals, and motivates. During one of my visits, co-founder David Simon, M.D., dropped a bombshell that left me rattled to my core. He asserted, based on the patients they see at The Chopra Center, that over 90% of the toxins within the human body do not stem from bacteria or harmful chemicals; they fester from toxic emotions. This revelation struck a chord, especially as I was in the early stages of crafting this book. Eager to explore this notion further, I approached Dr. Simon after his seminar. Little did I know, his insights would reshape not only my perspective on health but also on wealth. It dawned on me that emotions, from our health to our wealth, hold the keys to a fulfilling life.


Your Inner Wealth


Internal Processing Department


In our fast-paced world, it often feels like we're perpetually playing catch-up with ourselves. Once upon a time, people leaned on their communities – neighbors, friends, or religious congregations – to navigate life's challenges. They took the time to genuinely care for one another. Seniors retired from companies where they'd worked since they were 18, steeped in the sense of homegrown camaraderie. Today, the face of business is in constant flux. Young employees flit in and out of companies, while older workers bid adieu. The chance to forge deep connections seems rarer than ever.



Yet, it's a fallacy to believe that we've lost our desire for intimacy. In fact, most people yearn for someone who cares about them on a deeper level. This longing drives many to seek quick fixes to soothe their emotions, inadvertently triggering a cascade of problems – broken homes, crushing consumer debt, obesity, and reliance on prescription drugs. To some extent, we all grapple with toxic emotions. The challenge lies in our inability to process them effectively. Consequently, these emotional toxins seep into our bodies, infiltrate our relationships, and cast a shadow over our lives, exacerbating the problem.


Allow me to demonstrate how this principle applies to your financial health. If you find yourself drowning in debt or buried under the weight of mortgages, know that these circumstances trace back to your emotions about money and how you manage them internally, which then manifests externally. It's crucial to recognize that the feelings and attitudes you hold toward money aren't inherently good or bad; they are neutral. It's your responses to these emotions that can either propel you into financial turmoil or set you on the path to abundance.


Here's the silver lining: By summoning the courage to confront your emotions head-on, you can prevent them from morphing into unhealthy behaviors. So let's focus on identifying your inner toxins in various forms, from frustration and fear to jealousy and beyond.


Toxic Emotions Exercise


So, what's eating at you? Take a moment to contemplate the toxic emotions you might be neglecting to process effectively. Do you break into a cold sweat at the weekly sales meeting because of performance pressure? Does the distance between you and your aging parents fill you with helplessness and guilt? Does your stomach knot up at the thought of next month's mortgage payment? Are your spouse's spending habits a constant source of irritation that you keep to yourself? How do you react to your spouse regarding money – reactively or proactively? Are there patterns in your marriage that mirror your parents' relationship with each other and with money? Does a pang of jealousy and anger wash over you whenever your neighbor mentions her new kitchen, prompting you to avoid her? Open your heart and let your emotions flow.


Now, here's the good news. There are steps you can take to detoxify these feelings. The first step is allowing yourself to feel these emotions instead of burying them deep within. Techniques for healing the mind and body include meditation, crafting and following a life plan, revisiting your existing life plan, or even something as straightforward as redirecting your cash flow.


Stop, Look, and Listen


Connecting with your toxic emotions is akin to following the basic rule children learn when crossing the street: Stop, look, and listen. Imagine waking up on a Monday morning feeling a sense of melancholy. You find it necessary to gulp down a cup of coffee (or a Diet Pepsi, as I once did) just to muster enough energy to peel yourself out of pajamas. Another cup fuels your journey into the car. As you embark on your forty-minute commute to work, a growing sense of agitation envelops you. The radio blares loud, head-banging tunes, and you suddenly find yourself making angry gestures at fellow drivers. It's your mind and body shouting – not whispering – to you! This scenario exemplifies how we either experience emotional outbursts or stow our emotions within by seeking solace in food, drinks, smoking, excessive cleaning, or exercising, and yes, even spending or hoarding our money.


In my own past, I remember the aftermath of lavish spending on others during Christmas. I would physically experience what I termed a "spending hangover" – it was exhausting. Finally, I decided to pay attention to why I had overspent. I began to stop, look, and listen to the emotional triggers behind my external behaviors.


Indulge me for a moment and try this exercise. Instead of hastily consuming caffeine, pause and ask yourself, "Why am I so exhausted and in need of a temporary energy boost?" There's something deep inside you resisting the day ahead. Perhaps restless nights are due to incessant thoughts about your children's soccer schedules or next week's quarterly meeting. When you sit in the car en route to work, observe your hands gripping the steering wheel or your narrowed eyes in the rearview mirror. Are your knuckles white from clenching, or are your eyes squinting in anger? While on the road, turn off the radio, if only for a moment, and embrace the silence. Your mind and body will gradually calm, allowing underlying emotions to surface. Tune out the mental chatter and concentrate on your emotions. Or, merely focus on the silence and permit your emotions to emerge. Reflect on your feelings at that precise moment. Attempt to listen to your heart. How do you feel right now? Connect with the sadness or frustration inside that often manifests as anger, rage, jealousy, or envy – whatever emotions arise. Don't judge; simply acknowledge. This exercise is not arduous and serves as a valuable tool throughout the day to gain insight into your behavior.


The Journey to Abundance


Every day, I assist intelligent, well-intentioned individuals like yourself in taking the initial steps towards building wealth. It commences with an inward gaze into your emotions regarding money. Subsequently, you must cultivate and sustain a healthy relationship with wealth. The journey starts by identifying your innermost desires, life passions, and allowing them to steer your course. Finally, you need to chart a Personal Life Navigation route. This is your blueprint for attaining a life brimming with joy and abundance. Ultimately, it's the method by which you transition from your current patterns to a more enriching foundation in all aspects of your life. Your Life Navigation Route is the roadmap that can shift you from surviving to thriving. It's your means of progressing from a money-centric existence to a life centered around your core self. 


A Journey from the Inside Out


My journey towards financial healing commenced when I decided to scrutinize my own inner landscape – and this is where your odyssey must also begin. If you're someone who can candidly assess your current reality, congratulations – this initial step won't pose a challenge. However, if you tend to avert your gaze from your own reflection, the process may initially feel uncomfortable. Rest assured, though, that once you begin posing the right questions and uncover your true self, flaws and all, you'll be primed to lead a balanced life aligned with your soul's purpose. The rewards will be immeasurable.


I hope this glimpse into the intertwined world of emotions and money has sparked your curiosity and provided you with valuable insights. However, remember that this is just the tip of the iceberg. In my book, "The Emotions Behind Money: Nurturing Financial Well-Being," I delve even deeper into these topics, offering a comprehensive exploration of the emotions that influence our relationship with money and practical strategies to transform our financial lives. Get your copy of "The Emotions Behind Money" today and start nurturing your financial well-being like never before. Your future self will thank you.


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As someone who has guided countless clients toward true wealth, I know how crucial it is to build financial stability, especially in times like these. And that’s where my approach, outlined in my first book, "The Emotion Behind Money" , comes into play. In my work, I emphasize that wealth isn’t just about numbers—it's about what's happening inside you as much as what's happening around you. The Emotion Behind Money is all about building wealth from the inside out, which means bringing your authentic self to the forefront of your financial decisions. When your money is aligned with who you truly are, you create a foundation that can withstand even the most uncertain times. Feeling anxious about the future—whether it’s due to financial, economic, or inflation-related concerns—is a common experience. But often, that anxiety signals that your money isn’t set up in alignment with your authentic self. When this alignment is off, it’s easy to feel ungrounded and uncertain. I’ve seen this time and again in my work as a financial planner, and I’m here to help you shift from anxiety to assurance by realigning your financial life with who you really are. Let’s face it: the economic landscape is challenging right now. Inflation is driving up costs on essentials like gas, food, and education. Interest rates are climbing, and while wage growth might seem positive, it can have long-term consequences for the economy. It’s easy to get caught up in these concerns, but I believe there’s a better way to approach them. The Outside vs. The Inside When we think about wealth, we often focus on external factors: the stock market, interest rates, inflation, job security, and so on. These things are important, but they’re only part of the picture. What’s going on inside you—your beliefs, values, and emotions —plays an equally crucial role in your financial stability. If you’re feeling anxious about the future, it might be a sign that your finances aren’t fully aligned with your true self . When you’re not grounded in your financial decisions, it’s easy to feel out of control and overwhelmed by external events. But when your money is set up in a way that reflects who you are and what you value, you’ll find that you can navigate uncertainty with much more confidence and peace of mind. Creating Financial Space One of the most important steps you can take to create financial stability is to build financial space. This means having enough room in your budget to handle unexpected expenses, economic downturns, or other financial challenges without feeling panicked. Start by taking a close look at your current financial situation. Are there areas where you could reduce your debt? Are there expenses you could eliminate or cut back on? By making these adjustments, you can free up cash flow that can be redirected into savings or investments, creating a buffer that will protect you in times of uncertainty. I’ve created a Cashflow Worksheet to help you get started on this journey. You can download it here . Another crucial aspect of creating financial space is to avoid taking on unnecessary debt. For example, many people take out loans from their 401K accounts, thinking it’s a quick fix. But in the long run, this can lead to more financial stress. Instead, focus on building up your savings so that you have the cash on hand to cover unexpected expenses without resorting to credit cards or loans. Empower Your Choices A big part of building financial stability is recognizing that you have a choice in how you manage your money. It’s easy to feel like a victim of the system, especially when you’re facing financial pressure. But when you realize that you have the power to make decisions that align with your values and goals, you take control of your financial future. For example, instead of feeling like you "have to" use credit cards to cover expenses, reframe it as a choice. If you truly need to use credit, do so with intention and a plan to pay it off quickly. But if it’s possible to avoid it, choose to do so. This simple shift in mindset can make a huge difference in how you feel about your financial situation. Insulate Yourself from Economic Uncertainty We can’t control what’s happening in the global economy, but we can take steps to insulate ourselves from its effects. This starts with being proactive about your finances. By setting up your money in a way that aligns with your true self, you create a foundation that can weather any storm. Whether it’s building up your savings, reducing your debt, or making thoughtful financial choices, every step you take toward financial stability helps to create a sense of security. And that security isn’t just about having more money in the bank—it’s about knowing that you’re in control of your financial future, no matter what happens in the world around you.
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