8 Secrets of Truly Rich - Chapter 13

8 Secrets of the Truly Rich

By: Bo Sanchez
Buy your own copy at any National Bookstore Outlet


Rip Out Your Negative
Family Labels


Men and women are not limited by the place of their birth,
not by the color of their skin, but by the size of their hope.
- John Johnson

Some parents "train" their kids to have very small psychological wallets.
We inherit the size of our psychological wallters form our families. I hear this dialogue a lot in toy stores...

Junior: "Mommy, can you buy this toy for me?"
Mother: "No son, we can't afford that."
Junior: "But Mommy, this toy is really nice."
Mother: "Son, didn't you hear me? Were not rich!"
Junior: "But Mommy, I realy, really like this toy!"
Mother: "For the last time son, I'm going to say it again. Get this into your skull, Your family is poor! Your mother is poor! You are poor!"

The child grows up with that label tattooed in his brain: "I'm poor." Unless he tears out this family label knitted into his psychology, he will always act like a poor person.

Can I suggest another dialogue?

Junior: "Mommy, can you buy this toy for me?"
Mother: "We can buy that but we're choosing not to."
Junior: "But Mommy, this toy is really nice."
Mother: "Son, we can afford it and can buy it right now. But because we're financially wise people, we'd rather invest our money so that it keeps on growing."

Rip out your negative family labels.


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