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Where is your money comfort zone?

by GuerrillaIM
3 replies
Hey There,

I have been reading a lot of books recently on the concepts of money and accumulating wealth. They all talk about having a "comfort zone" for money.

When I was 22 (5 years ago), I got successful with some websites and built a business around it. Almost instantly I was earning 2-3 times as much as any of my friends. And that wage stayed constant for the next 5 years. Whatever I did, I aways seemed to earn the exact same amount of money each year.

I am putting the final nails in the coffin of that business now and starting a new one. If I am to believe the books I need to change my comfort zone for money in order to push myself to make higher income. Is this true?

I have found that when I read an ebook or a method, I find myself almost subconciously scaling the idea to what I am used to earning, but not beyond that.

Some books suggest visualisation routines to think about higher and higher amounts of money, I am not sure how effective this is. I love to day dream about my bank account being in the billions, but I have done this since I was a kid and it has not yet happened.

I have had some clients who are millionaires, and they always seem to recover from whatever adversity comes their way and get back to earning high figures, but I feel this is more due to the contacts they have and circles they move in.

What are your thought on this?
#comfort #money #zone
  • Profile picture of the author Matt D.
    Well I think that everybody has a certain mindset. Some have $100k per month mindset, some $10k and some 10 millions... I think that when you know you can earn a certain amount of money you don't actually try to earn less, I mean you don't do things that would bring you less money. If you have a millionaire mindset you do things that will bring you millions, not $10k per month. And yes, when you are in certain group you do have contacts with the people that make your efforts easier, but I think this is not something you must have.

    Take care
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    Hard work always pays off.
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    • Profile picture of the author Jack Chua
      Having a comfort zone may in a way give you a limit to what you are earning. If this would work then set your comfort zone a little bit higher than you think you are capable of earning. One thing that should also be considered is to make it realistic.
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      Jack Chua
      Professional Appointment Setter
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  • Profile picture of the author nemock
    This is a great topic because it permeates everything we all do. How does one person charge $2,000 for an info product when someone else struggles for customers with the same info in a product that costs $97? Some can take $100 and turn it into an opportunity while someone else says "I can't do anything with $100."

    Motivation is a similar game. Some people will turn off the heat when their bank account hits a certain number. Others just keep going. The actual amount of money is just a surface issue though. As Tony Robbins says, if there isn't a strong enough reason why, nothing else will happen.

    Dave
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