Get FREE updates on financial education, financial investments and money strategies. Sign up here!
 
Name:
 
Email:
ListWire - Free Autoresponders
click here for your free autoresponder

Tuesday, March 29, 2011

What's Your "Emotional Why" ?

"Why do you want to become wealthy?"

This is the first question that you should ask yourself in order to achieve financial success. As what Bo Sanchez said, "You need a fierce emotional reason to become wealthy - or it won't happen."

This "emotional why" will give you the fire to succeed!

This may result from the painful or unforgettable experiences you had in the past that made you think, "If I'm rich, then I can achieve/have this...."

When I made a decision to undertake this journey, I spent some time reflecting why I want to become rich. This process was not easy because I was torn between the desire of financial freedom vs. security. These 2 concepts are not the same.

Security means that you have enough money to pay the bills or some extra to have a comfortable lifestyle or enough funds for retirement. But my dreams go beyond that.

So I said to myself, "I won't settle for security. I want to achieve financial freedom so I can fund my dreams."

Let me share with you what these dreams are:

DREAM # 1 : TO BUILD AN ORPHANAGE

with the kids of Virlanie Orphanage
When I was in college, my thesis in Psychology was to study adolescent orphans and how their identities were developed.  We constantly visited 2 orphanages for 3-4 months and spent a lot of time with the kids and teens who lived there. From our study, we discovered that orphans have a hard time trusting people because of their painful past wherein they were abandoned or abused by the same people they trust - their family. At first, I had difficulty gaining the trust of my respondents but after some time, they broke that thick wall and revealed to me their innermost feelings, fears and dreams. By the end of our study and when we bid them goodbye, some were crying. Then one orphan approached me and tearfully said, "Lahat na lang ng napapalapit sa akin nawawala." (I lose all the people I care about). And those words crushed my heart!

So I said to myself, "Someday I will have my own orphanage where these kids will have a happy home."

And this dream never left me.

DREAM # 2 : FINANCIAL EDUCATION FOR WOMEN AND KIDS

I dream of having an institution that focuses on teaching financial literacy and money management to women and kids.

www.myddnetwork.com/Teach-Kids-to-Save-Money
Why women? I heard a lot of sad stories where wives let their husbands take full control in matters related to money and finances because they believe that money management is a "man thing" and were left peniless in cases of separation. Or a story of  a single woman who is drowning in debt because she doesn't know how to handle her finances. These are just some scenarios where women are left in the dark and want to cry out for help but don't know what actions to take.

Why kids? I believe that forming the habit of saving and properly handling money should be taught to children because they will be bringing these skills as they grow older. And sad to say, this is not part of our current educational system.

DREAM # 3: ENJOY LIFE! 


After I watched the movie "Eat, Pray, Love", I imagine myself having that kind of adventure. I want to travel around the world, see beautiful places and experience different culture. I also dream of having a beautiful house that is surrounded by a lake. I want to explore the world and enjoy life to the fullest!

Publish Post
These are my "Emotional Why"

What's yours?

No comments:

Post a Comment