Take Emotion Out of the Picture: Keys To Riches Number Five

Published: April 25, 2016, 5:41 p.m.

Tune in to this week's
Key Number Five - Take Emotion Out of the
Picture as host Heather
Wagenhals offers specific
financial techniques to help your financial habits become healthy
money management skills.
The Keys To Riches™ Financial Wellness
Series is a baker’s dozen of financial concepts that
teach you how to think like the rich and be in control of your own
money. It also gives you specific techniques to create or fix your
credit, eliminate debt, save and invest, building wealth and
happiness holistically, all while transforming your current
financial habits into healthy money management skills.
Listen every Monday morning on the
Libsyn Platform where
you’ll find our featured Key for the week from
Heather’s Keys To Riches™ Financial Wellness
Series:
This Week's Key:
Take Emotion Out of the Picture
Key Statement:
I know that I work hard for my money, and feel that I'm entitled
to spend the way I want. However, to be truly successful at
managing my money, I need to keep my passions in perspective, being
excited about making money and conservative when spending it.
Key Affirmation:
I detach from my emotions when managing my personal
finances.
Key Commitment:
I commit to leaving my emotions out of my everyday
money decisions.
Key Action Item:
When you are feeling overwhelmed with emotion to the point of
impulse spending, walk away, take a deep breath,  shake it
off, and allow yourself to calm down. Then you can be objective and
ask yourself this: "Is there a positive financial return on this
investment? Is this expenditure going to make me money down the
road, or, is this the end of the road for this dollar as I invest
it into this material object?"As we start focusing on putting our
money where it's going to have a return, this will become easier
over time. Good luck and we look forward to having you listen to
tomorrow's show!
Tune in every week as
Heather Wagenhals, host of Unlock Your
Wealth Radio, reveals this week's Key, along with our
Key of the Week, Moolah Word of the Day, Money
Drama & more! Click HERE to listen to last week's
Key Four: Knowledge is Power, Not Knowing is
Powerful.