“I Hate Money”

Updated 1 year ago

New book I Hate Money by doctoral student Sarah Morehead will be available for sale May 27th. It has some terrific insight.Sarah theorizes that if you know the key things that help make up the real you can better appreciate what you can do about your money. Because, she says, you can add and this money math isn’t really that hard. Money messages- Do you think money is bad or good? What messages float in your head about money? Is it a tool to create jobs and develop business? Is it evil? Does it corrupt? Is it to be avoided and abhorred? You might want to examine your money messages.Internal or external control- Do you think your life is controlled by an outside force and you just sit on a treadmill? Do you have any power over your life and your future? Are you energized by power, achievement or relationships? Here’s an example to help you see the three elements at work. You are in a competition and part of a team. Your team wins but you won because the other team was really bad.. If you are driven by power you think, “We won! ‘ If you are driven by achievement you think,’ That doesn’t count. I didn’t really win. The other team stunk.’If you are driven by relationships you think,’ I met the best people during that competition. ‘Maslow’s need- Morehead Developed by Abraham Maslow in 1943, this pyramid theorizes that human needs are met in a certain order and that ‘higher’ needs, such as beauty and one’s spiritual life are not sought before the more primary needs, such as food and shelter, are met. And why she delves into this area is to say that we need to use money where we HAVE to use money, like at the grocery store and with our rent payment, and that we need to use non-monetary solutions to fulfill the other needs that can be addressed more creatively. So that you pay your rent and buy your food and wait for a great sale, use Marden’s or Goodwill, or clothing trades with friends, to solve beauty needs creatively.Marion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com Check out our website that includes weekly streaming videosWWW.NorumbegaFinancial.com Voted Bangor’s Best Financial Planning Firm 2008, 2009 & 2010 by Market Surveys of AmericaIn compliance with requirements from FINRA, all e-mail sent via the WSFG domain will be subject to review and archiving by Wall Street Financial Group, Inc. Email management, archiving & monitoring technology powered by Smarsh, Inc. Disclosure:Only securities and advisory services offered through Wall Street Financial Group, Inc. Registered Investment Advisor. Member FINRA/SIPC. Wall Street Financial Group, Inc. and Norumbega Financial are separate entities, independently owned and operated.


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