Everyone needs a PSI. The question is why and how good is yours? It will directly impact on your financial planning and budgeting.
A major part of financial planning and budgeting is being successful. Success involves three major areas; health, wealth and wisdom.
Under the wisdom area you need a good PSI. So what is a PSI? It stands for Positive Self Image. An important question to ask is why do so many people have a NSI – Negative Self Image? Once you understand this you can work on strengthening your PSI.
PSI is belief in yourself. It is so important that the experts on thought and personal performance say success is impossible without it.
PSI is rooted in whether you believe you deserve success. Interestingly most people believe they can achieve success however far more lack the belief they deserve it.
PSI is rooted in your emotions and what you believe about yourself? It is difficult to improve your PSI by logical and rational argument. In his book The Midas Method, Stuart Goldsmith gives an example conversation of what we say as opposed to what we mean?
Person A, ‘Skiing is for rich people, as opposed to the likes of us. Pity really because I’m sure I would be good at it.’
What we mean the translation of this using a PSI analysis is:
‘I’m a second class citizen and I’m going to make sure I stay that way. I am confident in my abilities though.’
So the issue here is we have a person with a low PSI and a good belief in their abilities. What this person needs to do is work on their PSI.
The really important message to take away from this is that while you need a PSI and a positive belief in your abilities. They are separate. Increasing one will never lead to an increase in the other. So you need to spend time understanding where Negative Self Image (NSI) comes from and how to reverse it. The next few posts will explore where NSI comes from and how to strengthen it.
Andrew Peel
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