Do You Feel Shame around Your Wealth Results?
Welcome to the 167th edition of the Inkosi Wealth Scoop!
In today’s episode, I’ll share six actionable remedies to overcome the emotional baggage of money shame so you can confidently move forward in your wealth-building journey.
- The Power of Recovery
- Exploring Alternative Paths
- Aligning with Success
- The Futility of Guilt and Shame
- Emotionless Investing
- Preparation and Education
If you’re a business owner or an investor who wants to confront and address your feelings of shame or regret regarding your past financial decisions, then make sure to listen to this episode!
0:00 – Intro
01:55 – Emotional decision-making
03:34 – The Power of Recovery
05:36 – Aligning with Success
07:38 – Emotionless Investing
10:03- Reflecting on Your Financial Journey
11:01 – Outro
Many stand at a crossroads in their financial journey, questioning whether they’ve navigated it well.
The unease around wealth-building results has been a topic that many shy away from, but we must bring it to the fore.
For many, the sentiment is the same: there’s an inherent shame tied to their wealth-building results. This notion has surfaced repeatedly through my interactions over the last five years.
Numerous seasoned investors communicate – sometimes indirectly – their feelings of not being where they anticipated.
Common sentiments include:
- Feeling they should be further along in their financial journey.
- Regret over financial decisions influenced by emotions like greed or fear.
- Missing out on significant opportunities due to apprehension or lack of preparedness.
- Letting emotions govern crucial buying or selling decisions.
It’s worth noting that such feelings are not confined to beginners. Experienced investors, too, grapple with these emotions, even when their net worth is climbing.
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