Last week the Federal Reserve announced it’s pulling back on monetary support and policy makers expect interest rates to rise up to three times next year.
The media attention around this has been a bit doom-and-gloom and for those who are already having end-of-year and holiday-driven money meltdowns this news didn’t do anyone any favors.
This is precisely why we have to learn how to manage our emotions around money.
We can’t control external forces like the Federal Reserve, but we can control how we respond to the things happening around us.
It’s the whole reason I created Stop The Money Meltdown.
No matter what time of year it is, we experience a variety of emotions around money and finances that can drive our behavior and decisions if we don’t learn how to manage and respond to those emotions.
Instead of going into 2022 already feeling like business will be bad and our financial picture will be bleak as a result of the pending Fed changes (or any other factors), we need to acknowledge that business will be different but different doesn’t mean bad or less successful.
We can predict that people’s buying habits will be affected as a result of the ripple effect of the upcoming changes, but that doesn’t automatically equate to a bad year of business.
We get to decide whether we are going to buy into the media hype around this “no one will buy anything, the sky is falling” mentality.
We could choose instead to say, “Cool. I’m aware that this is going to happen, but I know I have the tools to help me cope with that.”
The truth is we can make money in any situation because there’s always enough money and we always have a choice in how we respond to any circumstance.
Here’s the rest of your 3-2-1 on being in control of your business next year.
3 TRUTHS
- Business is different every year regardless of what the economy is doing. We shouldn’t ever assume ‘different’ means business will be bad and we’ll make less, but simply that change has occurred.
- When our emotions are triggered by external circumstances we should feel them first, but then we need to do something about them. We can’t let emotions drive our actions.
- We cannot always control the circumstances that trigger our money meltdowns, but we can learn how to mitigate them and respond to them. When we are able to control how we respond, we can make informed decisions that lead to what we actually want.
2 ACTIONS
- Follow the money meltdown guide every day.
- Recognize how your decision-making becomes more sound as you implement these simple tools on a regular basis.
1 QUESTION
- How will I take radical responsibility for my year (instead of allowing outside forces to control what 2022 will be like)?
We dive deeper into being in control of your emotions and decision-making inside Procedures for Prosperity™. From getting to the core emotion that triggers your EMBR cycle and understanding how your numbers are impacting your choices to identifying the current “money bucket” you’re sitting in and how to reach the next level, this program will give you an easy to follow structure to create a relationship with money that will have it consistently and powerfully showing up to support your life.
If you’re ready to set yourself up for success (while the rest of the world panics over the raising Fed rates), sign up for a Prosperity Call:
https://www.proceduresforprosperity.com/prosperitycall
To your impact and legacy,
