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The Daily Motivation

Breaking Free from Generational Money Trauma | Jaspreet Singh EP 810

The Daily Motivation

Lewis Howes

Education, Self-improvement

4.8960 Ratings

🗓️ 25 November 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

"If you're just thinking this with the frontal part of your mind, but you really know deep down that money is evil, money is bad... you're never going to actually achieve the outcome that you want." - Jaspreet Singh Financial expert Jaspreet Singh delves deep into the psychology of wealth, revealing how our earliest money beliefs shape our financial destiny. With compelling insight, he explains why simply trying to think positive thoughts about money isn't enough – we must first address the deeply ingrained subconscious beliefs that silently sabotage our financial success. Singh illuminates how childhood messages about money being "evil" or "not for people like us" create invisible barriers that persist into adulthood, perpetuating cycles of generational poverty. The conversation takes a powerful turn as Singh challenges listeners to examine their relationship with wealth beyond surface-level affirmations. He dismantles common misconceptions about money's scarcity and reveals how our judgments of wealthy people often mask our own financial insecurities. Through practical wisdom and frank discussion, Singh demonstrates how money acts as a tool for freedom and choice, emphasizing that true financial transformation begins with healing our money mindset and breaking free from inherited limiting beliefs.

Transcript

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0:00.0

Hi, my name is Lewis Howes and welcome to the Daily Motivation Show.

0:12.0

I think, Rich, I can take the right actions and have the right outcome, but that's a lie.

0:17.0

Because what you'll realize, many of us have this is, in the back of our minds, you might have this little voice saying, I know this is not true.

0:27.5

So you can sit there and say, I'm going to grow rich and try to manifest this wealth.

0:32.0

I'm going to grow rich.

0:33.1

I'm going to become wealthy.

0:34.7

Money is going to fall into my laps.

0:37.0

But it won't happen if that voice

0:39.8

in the back of her mind is saying, I know I'm just doing this so I can have this outcome. I don't

0:44.5

know if it's true. Somebody like me can't become wealthy. Somebody that looks like me can't actually

0:48.5

do it. Somebody from my background, somebody with my upbringing, somebody with whatever circumstances

0:53.4

I have can't do it.

0:55.9

And when you have that back of that mind thought, it doesn't matter what you're thinking.

1:00.1

You're trying to just, you're trying to outspeak your mind.

1:04.2

It doesn't work like that.

1:05.4

So your mind and your words and your actions need to be incongruency and alignment.

1:10.8

Right. And that's where we need to go oneongruency and alignment. Right.

1:11.3

And that's where we need to go one step back.

1:13.2

We talked about we want this outcome.

1:15.2

You need to take an action to have that outcome.

1:17.2

You need to have a thought to have that action.

1:20.0

But what's before the thought?

...

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