In recent times, I have noticed a trend on social media and even in pop culture where people are consistently pushing the idea of manifestation.
With this movement, people believe that the key to making more money is to focus on visualization by just dreaming and believing, and this will lead to some magical wealth.
I believe this approach is deceptive and downright dangerous because it focuses on the wrong things and leaves out the most important pieces of actually building wealth. Please read on as I walk you through why I don’t believe in manifesting wealth and what you should do instead.
What is Manifesting?
Manifestation became popular as one of the tenets of the Law of Attraction, an idealogy that was made popular by the book, The Secret. The Secret states that manifestation starts in the mind and through the power of positive thinking and visualization, you can change your beliefs around money.
This will help you to make more money, build wealth and live a happy life. This idea of manifestation is rooted in New Age practices which are popular in some personal finance circles because it provides a supposed roadmap to the best life that one can build for themselves.
The Problem with Manifesting Wealth
Many people have argued that they were able to manifest their spouses, cars, homes, jobs and the list goes on. But can you really get all of those things, just by manifesting?
Now don’t get me wrong, I believe that we should have goals, dreams, and aspirations. As a matter of fact, the desires and ambitions that we all have within us are the things that make us human. We want to grow and we want to accomplish things.
I also believe that dreams are important and they are worth chasing but they should be followed up by action, real actions that will make things happen. Not just by using positive thoughts.
What if you go through a difficult period in your life, is it because you didn’t manifest hard enough? I think not.
Another problem with manifesting wealth is the aura of exploitation that seems to be attached to it in the form of businesses and coaches. Most of the experts who purport to help people manifest wealth tend to have expensive programs with hardcore marketing tactics.
With this, people end up paying so much money with very little results and creating more harm than good.
I find this thinking very challenging especially when it’s applied to building wealth because its focus is on magical thinking and neglects what really important – taking action.
How Taking Action Counteracts Manifesting Wealth
Taking action is far more important than just manifesting and imagination because it sets you up for success and puts you in a solution-oriented frame of mind to make your plans come to fruition.
If you have goals and you seriously want to achieve them, the next logical step is to figure out what you need to do to get them accomplished. This is done through doing the things you need to do and not simply manifesting.
Taking action comes in many forms and in the context of building wealth, it means looking at your current financial state and taking inventory of where you want to go.
Then, once you figure out your financial destination, you can start mapping out what specific tactics you need to apply to realize your goals.
For example, if you are currently in debt, you will first identify being debt-free as a goal. Afterward, you will then come up with a foolproof strategy to pay off this debt, whether it’s by making a budget, earning more money, or starting a side hustle.
All these are actual activities that require effort, time, and dedication. With this, you can make changes in your financial life that will help you to really build wealth.
In fact, taking action is not only the best way to make your dreams a reality, but it’s also the number one trait that will signal success. If you only dream, hope, and wish – which is what manifesting wealth is all about – then you are on the path to being stuck.
Taking action is extremely powerful and according to Spanx founder, Sara Blakely, this is what separates those who achieve their dreams from those who don’t.
Instead of Manifesting Wealth Do This
The path is quite clear if you are serious about making more money and building wealth. You must educate yourself by becoming financially literate and learning money management basics.
This should be followed by setting financial goals that are specific, time-bound, achievable, and measurable. This helps you get a solid plan in place to make the financial moves that will propel you to become wealthy.
Focusing only on dreaming and manifesting may give you a temporary high but without a solid plan and taking action, you will probably be at the same place and none the wiser.
So take action and become financially abundant today!
If you need support in making this a reality, we are here for you here at Abundance of Jo. Check out our resources here and get your finances on track. We can also support you with our financial coaching program and financial course.
Tell me in the comments, what’s the first financial action are you going to take today?
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