How to Achieve Financial Peace of Mind
Posted July 13, 2012on:
What prompted me to write about financial peace of mind is actually something that happened to me recently that had nothing directly to do with the topic.
My iPhone failed to sync with my desktop calendar; as the result, I missed an important client meeting.
For a whole day and whole night, I had this nagging feeling that I missed something but couldn’t quite be sure what it was. Did I leave my keys in the gym? No.
Then, I woke up in the middle of the night and remembered the appointment that did not show up on my iPhone! Apparently, some part of my mind was not resting during sleep.
Psychologists have theorized that human beings have two minds: the conscious mind and the unconscious mind. We may live our whole lives without being aware of the unconscious mind, but it is there to keep track of all unfinished tasks, unresolved issues, and unanswered questions.
The unconscious mind is also working hard to make sure our conscious mind picks up where it left off. It interrupts the conscious thought stream with bits and pieces of thoughts that something needs to be done. The unconscious mind is very persistent; it nags until the conscious mind does something.
When we have too many unfinished tasks, unresolved issues, and unanswered questions in our lives, the nagging could feel constant. We may feel like we don’t have a moment’s peace. Researchers have found that when you are in that state of mind, you get less done and your health suffers, physically and mentally.
When I meet new people, I often ask them: Do you know how much you need to retire comfortably and how much to put aside now? These are very important questions, all agree, but few know the answers.
Financial questions and issues like these do not just disappear like salt in water if you actively ignore them (like so many people are doing now). Your unconscious mind will keep nagging you until you find resolution, so much so that you lose financial peace of mind.
But there is encouraging news. Researchers have found that you don’t have to have all the answers and resolutions to have peace of mind; you only need to take the first step, such as setting aside a block of time to study the questions or scheduling an appointment with a financial advisor. As soon as the conscious mind starts to do something, the unconscious mind stops nagging because it does not need to.
The first thing I did in the morning was to call the client with whom I missed the meeting. I apologized, and we rescheduled the meeting. The meeting will be next week, but that’s OK, I already have peace of mind today. What can you do to restore your financial peace of mind? Could it be scheduling a discovery meeting with me?
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