Lately I’ve been hearing about money a lot from my clients. In some cases, they have a lot of money but feel guilty for having it, as though they did something wrong. In other cases, they have very little and feel bad about themselves for not making the kind of money (yet) that they want from their dream career. I remind those with a lot of money that money is a powerful tool that can be used for good, to help with an election, to fund new green programs, to add to an underfunded school. So much good can be done in the world, but money is the engine that makes it happen. Bill and Melinda Gates are two of my heroes because they turned their vast fortune into a foundation that is actively changing the lives of poor people around the world. If they had just gone and volunteered somewhere, that wouldn’t have been nearly as effective. For those clients who don’t have enough money, I remind them that there’s no shame in not having enough or struggling, but it can be a great motivator for getting out of the house and working harder. The gift of having to make money is that it pushes you to succeed in a way that people with trust funds don’t have, which is why the children of celebrities are often not as successful as their parents, since they don’t have to be.
In some cases, clients have beliefs that money is somehow evil. A lot of people confuse the famous quote about money from the Bible. They think the phrase is, “Money is at the root of all evil” but in fact it is, “The LOVE of money is the root of all evil.” In other words, greed is a problem, because it corrupts people and turns people away from kindness and generosity. But having money is not a problem. It can be an incredible force for good. And yet, many people inherit toxic beliefs about money that keep them from succeeding. I spoke with an artist recently who felt that having to work “for the man” was beneath him. He felt that groveling for money was unbecoming because all money was corrupting. I did try to remind him of all the great philanthropists throughout history, but he was not convinced. I suppose that this kind of attitude can work if you are independently wealthy– you can have streams of income arriving without having to interact with money and then you can do whatever you want with your time. But most of us need to work. And this artist needed to make money since he has little savings and no retirement. He was asking me about some “get rich easy” solutions to create enough passive income that he wouldn’t have to worry about money. I reminded him that those don’t exist. The reality is that that’s what everyone wants– to make a lot of money easily doing something that is quick and easy and not illegal. But if it were that easy, everyone would be doing it. The internet in some ways is like a modern day Gold Rush, in that the early adopters made a lot of money different ways. But for everyone else who has followed, it’s a lot harder because so many more people are competing.
The way to have an abundant life and to claim your world stage is to look at and change any limiting beliefs about money, such as “Money is evil, it doesn’t grow on trees, or it corrupts everything.” Remember that without money, you can’t create what you want to do in the world. But with money, you can give to causes you care about, travel, give to your children, create or fund great art, and really impact the world.