Guest post by Savipra Gorospe
It may seem far off from each other. However, managing your finances is more of psychological in nature. You see, we have two minds. First, we have the Conscious mind wherein our waking hours and awareness belongs. It’s the realm of reason and decision. The second one is called the Subconscious mind. It’s the realm of emotion and where every bit of our memory is stored. Our mind can be resembled to an iceberg. Our conscious mind only accounts for 14.28% while the chunk of 85.72% belongs to our subconscious. When making a decision, your conscious mind is a mere flea compared to the gargantuan within. Most of the time, our decisions are based on emotion then justify it with reason afterwards.
We’re not logical as we would like to think, we’re psycho-logical beings after all. One such thing that our subconscious affects our life is when we try to stop smoking. Consciously, we may decide to quit, but then find ourselves reverting back to the same old routine. It also applies to going to the gym or stopping procrastinating. (Because there is what we call the CRITICAL FACTOR of the conscious mind. It’s meant to preserve the status quo, it promotes homeostasis so that we do not accept any suggestions given to us right away. One way, it’s good, but it also gives conflict when we introduce self-enhancing belief to a self-limiting one.)
In personal finance, such as expand in, we consciously know it’s for the better of our future, however we give in to the urges and impulses governed by the subconscious. Being hypnotized is basically being conditioned in such a way that our map of the world encompasses a particular scope of belief. Such as our upbringing, if we’re led to believe that there is only the rat race, it will be our way of living. Most families succumbed to this mindset because this is the map of the world that prevailed during the old industry. However, today, technological advances are popping up here and there, but the mindset fails to catch up. When a client comes to me for hypnosis, they are already hypnotized. What I merely do is to dispel the limiting belief system that their parents, environment, upbringing, and life experience has led them to believe.
This applies in our finances as well. Old habits die hard. That’s why a lot of people earn more than enough money but when you ask them about their financial foundation, they aren’t even protected. How do we propose a solution in developing and cultivating our subconscious mind to make lasting changes with our finances? Let’s go back to the subconscious and conscious mind. When we educate people about managing their finances, if you teach them one time, would be like pouring water to a bucket. Teach them a lot of times, the bucket can only fill so much. The water is not the problem, but the bucket. The size of the bucket must expand in order to contain larger amounts of water. How do we expand? How do we make lasting changes within our subconscious? To the very core of our belief system especially with our personal finance strategy?
Savipra Gorospe is an International Certified Hypnotherapist specializing in conversational hypnosis, Philippine Regulatory Commission (PRC) Licensed Psycho metrician, and an active Affiliate Member of the Psychological Association of the Philippines (PAP) under the Assessment Division. He has been in the field of personality profiling for 7 years with expertise in Lie spotting, Micro expressions, and MBTI. He is also a Marketing Director and Financial Educator at International Marketing Group, an organization that advocates financial literacy to families. For more information, visit his website at www.savipra.com.