What is your Psychological wallet?

Do you know your Psychological wallet?

Or do you have Psychological wallet?

" Base from the book of Bo Sanchez 8 Secrets of the Truly Rich. Psychological wallet is your money comfort zone, the amount of money you're comfortable or being used to. This is the amount of money your psychology or mind can handle.

For example, some have 10,000 pesos Psychological wallet. They see themselves earning 10,000 pesos a month - nothing less, nothing more. If, for example, they get a bonus of 20,000 pesos, they'll be happy on the outside, but subconsciously, they're panicking on the inside. And so they'll force themselves to lose it all (usually by spending it) so that, they can go back to their comfortable comfort 10,000 identity.

They'll buy dress, shoes, cellphone...

Anything just to get rid of money...


Just so that they can get back to their financial bondage. "

Let me give you a more personal and closer example. Let us all pull back time, Dec. 2008, the christmas bonus, 13th month pay and your paycheck. Wow!! Three paychecks in a row. How I wish December every month. I presume everyone received larger paychecks than our usual paycheck. With that fat amount how did your Psychological wallet work?

How much money you receive last December 2008?

The pressing question is how much money did you save?

Did you save all? Did you save some?

Or did you spend all? If that's the case, you really welcome new year with a Bang! Why? You started your brand new year BROKE.. How financial abundance can be attracted if you let money slips from your hand.