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Psychological Bandwidth: A Tool to Improve Your Relationship with Money

When I began teaching UCLA Extension in 1976, I had no idea it would be so much fun. I vividly remember how strange it felt parking in the instructor’s lot for the first time instead of the student’s lot. Not only was I teaching my first class ever, I suddenly realized I would be one of the youngest people attending. I felt butterflies in my stomach.

 

Fast forward 39 years… No longer am I concerned about being one of the youngest in the room. On Sat., Jan. 24, I will be teaching my annual 1 day experiential workshop for UCLA Extension called Psychology of Money: How to Strengthen a Money Mindset & Increase Financial Success. It is significantly revised based upon recent research and has new experiential exercises and case stories.

 

For the next few weeks, we will be posting you some short Blog Posts about topics likely to improve your relationship with money. Even though we do not pIay the lottery, we will even share a cool television interview Dr. Gotfurcht did for the BBC with some surprises entitled “How to Win the Lottery.

 

Psychological Bandwidth
The tool we are writing about today is psychological bandwidth. We define it as the amount of intellectual, emotional, physical and spiritual energy we have available to think creatively and make effective decisions. When we feel a sense of wellbeing, presence, inner peace and clarity, our psychological bandwidth is maximal. We are able to marshal our full resources, creativity and Prosperity Thinking on whatever we need to accomplish. In contrast, when we feel pressured, worried, afraid, or preoccupied, our psychological bandwidth is reduced. We have less access to our creative intelligence and Prosperity Thinking. Our breathing becomes more labored, our minds become more distracted and we become less able to focus. Instead of being present, we may dwell about the past or worry about the future. Our unconscious doubts, insecurities and fears can begin to take charge.

 

We like to use an analogy with our immune system. When we feel highly stressed, anxious or sleep deprived, we are more likely to get ill. And when we are ill, our decision-making and productivity usually decline. However, when we take good care of our health, we are more likely to feel wellbeing. And when we have a feeling of wellbeing, we make better decisions and are more productive.

 

Our next Blog Post will be posted tomorrow, Friday. We will give tips on how to navigate and regulate your psychological bandwidth.

 

 

Workshop Description:
When a person’s conscious and subconscious minds are in conflict, guess which one wins the psychological tug of war?

 

To understand the importance of the answer to this question, we would like to invite you to take a 1-day workshop Dr. Gottfurcht is teaching this January, Psychology of Money: How to Strengthen a Money Mindset & Increase Financial Success.

 

This experiential and interactive workshop helps to uncover hidden beliefs that could be sabotaging financial success and provides skills for changing them.

 

Learn how to apply psychological/financial tools based upon research, clinical findings and case stories to empower your relationship with money.

 

Topics include:
* Understanding the differences between Prosperity Thinking and Poverty Thinking
* Uncovering your financial history’s impact on your relationship with money
* Regulating and navigating your psychological bandwidth
* Tapping into the power of the self-fulfilling prophecy
* Overcoming financial learned helplessness
* Reducing financial stress and worry
* Emotionally reframing setbacks to increase your success

 

Sign up today. Looking forward to seeing you in January!

 

 

James W. Gottfurcht, PhD, Psychologist in private practice; Board Certified Coach; President, Psychology of Money Consultants.

 

Feel free to forward this email to any interested parties.

 

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