Types of money

4.       There are 5 categories of money.

• 1.       Income
• 2.       Savings
• 3.       Debt
• 4    Income and wealth goals
• 5.       Toxic money

Income is your earned money, the direct flow of money into your life that’s received in exchange for your time and energy. The key to your income level is your belief in your personal worth and the value of what you do or give. If your belief in your value is low, subconsciously you’ll always either keep your income low or work very hard for money. The reality is, the money you earn is a reflection of what you believe you deserve at a deep level, based on your programmed feelings and beliefs about how valuable you are. Challenge your old belief directly and begin to adopt a new belief, with the mantra “WORK SMARTER, NOT HARDER’’.

Saving helps you feel safe, secure and calmer about your finances. Similar to thoughts about income, thinking beliefs and past traumas related money that indicates how safe you feel regarding money. For example If you’re the head of a house or feel responsible for your family. Not having the security that a savings account brings can make you feel like a failure to them. Thinking about it can trigger feelings about letting your family down, which adds an intensely negative layer of emotion onto whether or not you take action to start saving money.

Debt is most damaging and it directly can bring up some of the darkest emotions one can experience. People typically report feeling deep and overwhelming shame, embarrassment, failure, anxiety, fear and sadness. Dealing with the emotions and limiting beliefs can be one of the most powerful transformational elements in your life and finances.

Income and wealth goals relates to increased wealth. You can have a good level of success and still be held back by your feelings about setting goals for making more money. Setting an income goal is first step to changing your financial picture. There’s no success book on the planet that doesn’t talk about the virtues of setting goals. Yet most people avoid them because of their emotions and limiting beliefs. Some may argue that it’s useless to set an income goal since you have no control over it. The truth is, there’s an infinite number of ways to double, triple or quadruple your income- If you allow it to happen.

Toxic money is most dis-empowering type of energetic money block. Toxic money is essential cash you need to survive but that comes with a negative emotional price or battle. Being dependent on toxic money creates an association between money and anger, guilt and the need to battle. For example battle over an inheritance or financial dependence on alimony falls into this category. Clearing negative emotions and connections will transform your life far beyond just your money situation.

Don’t underestimate the level at which your life will change when you begin to clear your blocks. You may feel as though you’re specifically focusing on money, but the overall impact will be much ,much more significant in your life.