If money were a person, what kind of relationship would you have with it? We know that everything is energy, so is money. While some gurus explain it spiritually or metaphysically, there is an interesting alternative approach to it – money as EQ, or Money EQ.
What Is EQ?
EQ stands for emotional intelligence
- It’s your capability to understand your emotions and manage them accordingly without letting them rule your thinking and behavior
- Because it’s bidirectional, meaning that you also recognize, distinguish, and understand the emotions and feelings of others, it also helps you manage your relationship with people around you
Know Your Money Type
Each person has their own type regardless of the background or household that they might share in common.
Indifferent or monk type
They live their lives as if it has nothing to do with money.
Moneymaker
Love making money and are workaholics
- Can fluctuate between compulsive money maker and spender
- They associate a sense of security with more money and can lead to addiction
- Repressed spender, gambler, worrier
- All these types of personalities struggle with money
Master, Slave, or Friend?
There are only three types of relationships with money: master, slave, and friend.
- Treat your money like your best friend: the higher your Money EQ, the happier you will be
- If your relationship is great, then you are doing great in your life. If it is terrible, you are abusing yourself
Do You Recognize Your Money Type?
Ken explains that you might feel ashamed and embarrassed to recognize your money type, but it’s not a curse. You can shift it as you build your relationship with money.
- Just like it’s inherited from one generation to the other, once you transcend your moneytype, you transcend it for the generations to come.
Emotional Aspect of Money
Money often serves as a trigger of negative emotions
- As much as we want to get more money to be happier, we avoid them because they used to hurt us in the past
- Healing the wounds and pain around your negative emotions associated with money is crucial because they will subconsciously keep you away from receiving more and taking the right opportunities in life
Passive and active types
Passive: They are so afraid of money that they do everything to avoid it because of some traumatic experiences in their past.
Free Masterclass For You
In this free Masterclass, discover how to rise above your negative beliefs, build the wealth you desire, and finally make peace with your money.
- Irina uses words to transpire empowering ideas, transcendental feelings, and omniversal values.
What Is Money EQ?
Your relationship with money based on the emotions and feelings you associate money with
- Money is energy in the sense that it invokes different feelings and emotions in people, and it is through these emotions that you relate to money as to happy or unhappy money
Hippie
Someone who stays away from the modern world and its goods. They escape from capitalism.
- They feel resentment towards money and think that money is the enemy that corrupts people. They always want to do something with money. It’s an action-oriented type.
Spender
Spender: As soon as they receive money, they spend it all
- Often, they grew up in a poor environment, and they didn’t have enough money when they were small.
- For the spenders, it’s crucial to control their spending
