Why are there people who have a lot of money but always suffer and work hard, but there are people who live peacefully and are still full and abundant? We use money every day but do you know the secret of money prosperity?

1. Common Mistakes in Money Beliefs

According to the history of money, money has undergone a process of formation and development for thousands of years. It originated in ancient times when people used to directly exchange goods for goods to get what they wanted. Then money appeared as a special commodity, separated as a common equivalent for all goods.

In Vietnam, 4000 years of establishment and development and historical ups and downs have created a solid belief system about money, covering many generations.

And with the rate of 65.6% of the population of Vietnam living in rural areas, surely many of us have heard from childhood that “The money earned is sweat, tears, blood money”. Making money is often converted to time and workload, but less to the core value they create. That happens very rarely when we “value” ourselves but easily identify ourselves with the common ground such as: adults work 8 hours/day, 6 days/week and try hard do it well to earn a basic living.

In the group therapy program No. 10 of NHC Vietnam Psychotherapy Center in Ho Chi Minh City branch on September 24, 2022, psychologist, Master Coach Nguyen Hoang Son pointed out two types of common conceptions. About money. One of the most important things when making money is to feel happy and at peace. Second is to try to get rich, people with money will be very miserable. Even if we declare, “I have to be rich, I have to work harder”, it seems that we are very energetic and enthusiastic about making money, but deep inside we are feeling deprived, right? fight, prove, fight.

For those in group one, they are always in a peaceful, happy mood and continue to move forward with the concept “the more money I have, the happier I am and help many people”. In the second group, they will always seek a lot of money, find it difficult to find enough in their minds and always put themselves in competitive situations, vying to be richer than others. Thus, the destination of both is a prosperous life, but one side is happy and peaceful, the other side has many worries and pressures.

In addition, many stories about giants “getting rich” by selling land create an unsustainable money image in people’s minds. Just through a land planning project, paving the way, many families who are farmers with muddy hands and feet suddenly become giants. A lifetime of hard work, sunshine and rain, now possessing a huge amount of money in a short period of time also confuses many people. At this time, the popular way to spend money will be to take a part to build a spacious house, buy furniture, deposit in a bank savings account to receive a little interest but rest assured about the safety of the money… Few people think about it. make it profitable sustainably. Therefore, the fields and gardens are no longer available, the money is spent more than the income, so it is not long before they return to the flood like before.

In today’s constantly changing social flow, money that stands still is dead money. The generation of young people is paying more attention to investment and profit for assets, but the concept of “saving” has been ingrained in the minds of previous generations, so it takes more time to change the mindset of spending. spend money. The phrase “savings deposit” is a top option when you have a lot of money on hand.

The strong and durable nature of Vietnamese people goes hand in hand with the need to spend according to the criteria of “Delicious – nutritious – cheap”. Vietnamese customers are often motivated to buy when it’s “cheap”.

• Is there a store that sells similar items for less?
• I accept to use lower quality products but am satisfied with the cheap price…

These are the most common beliefs in the money belief system of many Vietnamese. Are you influenced/using any of these approaches to earning and spending?

2. The process of forming beliefs about money encounters many old and contradictory thoughts

The belief system about money is formed after a process from birth to adulthood. Constructed and built up from the information received from the outside, it lies deep in the subconscious. So what is the information that we still receive from birth to subconsciously form a thought about money?

Each family will have different circumstances, but many children once had the impression that their family was poor, later they did not have much money… It may stem from unhappy situations related to money or problems. adult jokes.

Is it when you were young, when you wanted to be bought by your parents for toys, gifts and cakes, to refuse, your parents often used the excuse that their family was poor and had no money.

Or if you already have a child and when you drive your car to work, to comfort your child not to sulk and ask to follow, you say miserable that if you don’t go to work, you won’t have money to buy milk or porridge for your child?

Invisible in children’s minds, money becomes the result of hard work.

When growing up to go to school, children are expected to study to help them become good, bright future, but it is often communicated that learning is the only way to be rich, to have a position in society. Also in the stories told from a young age, teaching children to be kind and compassionate, but the details, descriptions of the content and characters such as: rich are bad people who bully others, in kindness meet good people, how to call them. the name “old landowner – poor poor farmer”… unintentionally conveys prejudices about rich and poor.

For today’s adults, our parents’ generation living in the subsidy period, after the war should be strengthened with their beliefs about stability and thrift. And so the children are also influenced and hinted at that concept, pinning in their minds the image of the peaceful path of life as “going to school – working – getting married – buying a house – raising children”. “.

All the notions of money formed during growing up resonated, creating an unconscious belief system. In the face of a very potential rich and business opportunity, someone happily accepts it, embarks on it with a determined will to win, but many people’s belief systems start running thinking “I can’t do it. ”, “there must be many risks”… These thoughts are the barriers that prevent us from leading a prosperous life. Which group are you in?

3. Skills to break down barriers in life and build full financial confidence

In reality TV shows about babies, part of the content that is popular and enjoyed by many people is to see what kind of situations will happen when preschoolers and primary school children go to the market to buy things with money. Indeed, from an early age, children are rarely empowered to pay for their purchases. Children often choose but do not understand the value of that item. A study by the University of Cambridge (UK) shows that at the age of 7, children begin to form financial habits. If parents pay attention to this milestone and build and nurture their children, they will create the right mindset for their children about money. In Vietnam, financial education for children is not yet popular, but has also begun to receive more attention. Parents can fully educate their children about money through activities, games and challenges such as:

• Teach your children to earn money by doing crafts, get age-appropriate part-time jobs (assistant tutoring for younger children in the family of acquaintances.
• Savings by category: Ms. Neale S.Godfrey, CEO of The First Children’s Bank (USA) – the world’s first children’s bank, suggested parents to help their children save money appropriately. with the “4 jars” model:
  • “save” jar – Save: Money you save for a specific purpose (30%)
  • “invest” jar – Invest: The money you use to invest in a certain goal (30%)
  • “Donate” bottle – Advice: The money given by children to disadvantaged situations (10%)
  • “spend” jar – Spend: The amount you pay for discretionary desires (30%)
• Teach your children to identify their own “wants” and “needs” through games such as going to the supermarket, cleaning/decorating the house…

For us who are adults and have an incorrect belief system about money, understand that money is not a giving, praying to get it. Money is a physical form of energy, moving and concentrated in places with its frequency. If you still have limited beliefs in your financial mindset that are preventing you from prospering, then be ready to break those barriers.

Also at Group Therapy program number 10, psychologist Nguyen Hoang Son guided direct clients to practice establishing new beliefs about prosperity. Through exercises to heal relationships with money, let go of negative memories, install new beliefs… all participants have had many positive changes and been strengthened with correct beliefs about money.

Success comes with wisdom. When we develop the right awareness along with an open mind, a positive reception, the “doors” of prosperity will open.