optimism Archives - MINES and Associates https://minesandassociates.com/tag/optimism/ An International Business Psychology Firm Thu, 05 Oct 2023 22:39:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 7 Ways to Develop a Mindset for Financial Success https://minesandassociates.com/7-ways-to-develop-a-mindset-for-financial-success/ https://minesandassociates.com/7-ways-to-develop-a-mindset-for-financial-success/#respond Fri, 28 Oct 2022 20:18:04 +0000 https://minesblog.wordpress.com/?p=4575 Guest article from MINES' Trainer and Financial Coaching Partner Michelle VulloA money mindset is an overarching attitude that you have about your finances. It guides your everyday financial decisions and it can have a big impact on your ability to achieve your goals. The way to achieve stability and increase wealth may all come [...]

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Guest article from MINES’ Trainer and Financial Coaching Partner Michelle Vullo

A money mindset is an overarching attitude that you have about your finances. It guides your everyday financial decisions and it can have a big impact on your ability to achieve your goals.

The way to achieve stability and increase wealth may all come down to a healthy attitude toward money. When it comes to your finances, positive thinking really does matter. To create an optimistic financial mindset:

  1. Look for opportunities instead of seeing roadblocks – Recognize that each financial situation is temporary and fixable. They are not always easy to see but there are solutions to every financial issue. It usually just takes time and small changes to get even the toughest financial situation back on track.
  2. See the value of asking for help instead of struggling silently. Utilize Mines’ Employee Assistance Program (EAP) financial counseling benefits for free help. Your EAP can connect you with a financial counselor to coach you to get your finances in order. The financial coach can work with you to create a personalized plan outlining steps to get ahead such as establishing an emergency fund, paying down debt, boosting your credit score, and maximizing your retirement plan contributions.
  3. Create a money mantra and repeat it often. Make it positive, financially based, and simple, such as:
    • I am debt-free and financially stable.
    • There is always more than enough money in my life.
    • I have a positive relationship with money and know how to spend it wisely.
  4. Accept that even small steps create progress. Make one small change at a time such as finding small ways to spend less. Cancel subscriptions you don’t use, and compare pricing on cell phone plans, insurance, and other service packages. These small changes will help build momentum and change your mindset with actions that bring you closer to success.
  5. Address finances head-on. Don’t ignore financial statements, late notices, and bills because of fear. Call your creditors and talk with them before late charges and other fees are piled on. The sooner you address the issue, the more solutions you will have.
  6. Spend money intentionally and focus on a financial balance. Spend money on only the things and people that you value most. Set priorities for your spending by cutting out those expenses that aren’t important to you. If having coffee with friends gives you joy, then keep going out for coffee. Find something that provides less enjoyment to cut back on.
  7. Take it one goal at a time. What’s measured improves. If your first priority is to pay your credit card off, put it in writing and/or tell your friends about your goal. You can even write your balance on a large piece of paper and post it on your refrigerator and every time you make a payment, take pleasure in your progress by crossing out the old balance and writing in the new, lower balance.

Improving your financial mindset can bring you closer to financial success. If you would like assistance, contact Mines for free financial coaching.

To Your Wellbeing,

The MINES Team

Michelle Vullo, is an Accredited Financial Counselor with Enrich Finance. She provides free financial counseling sessions for employees eligible for MINES and Associates’ EAP services.

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Why the Groundhog is a Pessimist: Or How I Learned to Stop Hiding from My Shadow https://minesandassociates.com/why-the-groundhog-is-a-pessimist-or-how-i-learned-to-stop-hiding-from-my-shadow/ https://minesandassociates.com/why-the-groundhog-is-a-pessimist-or-how-i-learned-to-stop-hiding-from-my-shadow/#respond Tue, 07 Feb 2017 16:24:56 +0000 https://minesblog.wordpress.com/?p=3534 Last week it was that peculiar time of year where we watch a furry little rodent, made famous by the infamous Bill Murray movie, pop out and either rejoice in the delight of incoming spring or run back into the ground prepping for 6 more weeks of impending winter, all based on whether or not [...]

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groundhog-629863_960_720Last week it was that peculiar time of year where we watch a furry little rodent, made famous by the infamous Bill Murray movie, pop out and either rejoice in the delight of incoming spring or run back into the ground prepping for 6 more weeks of impending winter, all based on whether or not it sees its shadow. Well, I don’t know about you but that raises some questions for me. First, why retreat from the winter weather, doesn’t the groundhog ever go skiing? Couldn’t the groundhog just have come out facing the other way? And lastly, why does the groundhog have to be so pessimistic? Before we look at some of these a bit deeper let’s discuss why this is relevant in the first place. I think that there is a little groundhog in all of us and when things get a bit gloomy they will pop their heads out and react in either a positive or negative manner. Whether we run in fear of 6 more weeks of winter or come out and face the world with optimism is up to us.

What is the groundhog scared of anyway?

Of course by now you’ve realized that we are talking about more than just a groundhog’s shadow here. The shadow really is anything that might represent unknown situations, new paths in life, or adverse situations that we may be worried about that may be stressful or undesirable like a lost job or medical procedure. Like the winter months, uncertainties and uncontrollable circumstances are unavoidable. These are the shadows in our lives and how we learn to think of these shadows can make all the difference when it comes to maintaining a positive mindset and continuing on with our lives productively and without causing ourselves undue stress. While it is natural to face challenging situations with caution, you must not let the need to be careful and thoughtful lead to fear and anxiety. Instead it is important to focus on what you can control and let logic, mindfulness, and confidence guide your thoughts because by letting go of what you can’t control you give yourself less to worry about that can’t be helped while more energy is spent on matters you can actually impact in a positive way.

Look at the bright side

Being optimistic is all about maintaining focus on the good in our lives while letting go of the bad. This sounds simple but as most of us can agree this can sometimes be very difficult to achieve. With the right tools and a little practice it is totally possible. Your mental state and perception can have a profound effect on how you feel physically and emotionally – affecting things like how much energy you have, how motivated you are to do physical or strenuous tasks, or how much anxiety or grief a negative interaction can create. To combat this, it is helpful to set your expectations in a positive manner by imagining positive outcomes rather than always feeling the worst will happen. Try using positive self-talk to promote good thoughts that bolster your confidence. This includes internal phrases such as “I can do it,” “This will work,” and “Everything will be okay.” These may sound cliché but it is important that we have these positive expressions in our repertoire to act as a counter to the negative thoughts that can creep into our minds in order to give you a way to balance out the nature of thoughts that may be passing through your mind at any given moment.

If anxiety, worry, or fear are a common occurrence you can help break your mind of these habits with practice. Working on being proactively mindful throughout the day can help with this. There are many ways to do this and it is important to figure out what works best for you because there is no “one size fits all” when it comes to positive thinking.

To get you started here are a few ideas. Practice meditation or just some mindful breathing exercises for a temporary respite from your day. Find quiet spots where you can spend a moment or two to unwind and take a few deep breaths during your routine. If you have more time you can schedule in regular meditative or mindfulness practice. While tough at first, meditation becomes easier. For starters you can try a mindful breathing exercise. To do this simply close your eyes and breathe in and out slowly making each inhalation and exhalation last 4-6 seconds. Count the seconds in your head or out loud if it helps and make sure to focus on each breath as it flows in and out. You will slow your heart rate and begin to relax. I recommend doing this for at least a minute but go for as long as you want as the longer you practice this the more at rest you will feel. This is a great way to wind down at night before you go to sleep as well.

This next one is a tip that a counselor once recommended to stop negative thoughts, or all thoughts really, if you are feeling overwhelmed. This may sound odd but what you do is dunk your face or even your entire head in cold water. What this does is provide a shock to your system that acts as a thought interruption and force some reallocation of blood flow. This will help distract your mind from negative thoughts you may be dwelling on and reset your fight or flight response. Again this one may sound uncomfortable, but trust me, when you do it your anxiety will definitely feel less overbearing.

Here at MINES there is an exercise that we ask people to do when we are teaching our clients about optimism and positive thinking. First thing you need to do is find a partner as you will need two or more people. Next, think of a challenging situation or instance that would normally trigger pessimistic thoughts or negative thinking. Share your thoughts, pessimism, and reasons behind them to your partner(s). Your partner(s) then challenge your beliefs or thoughts about the situation. This exercise is designed to show you how different perspectives can be had around the same situation and to challenge the basis of negative thinking. Another benefit of this group dynamic is that you get to share your worries and thoughts, more often than not finding that others share similar feelings. This creates a sense that you are not alone which helps create another source of comfort.

Don’t Run from Your Own Shadow

It’s important to understand that a lot of our negative assumptions are rooted in habit, otherwise it’s easy to place blame on yourself which is counterproductive. And just like any bad habit it will take some determination, mindfulness, and patience to break. Always keep in mind that you are not alone in your efforts. Reach out to friends, family, and co-workers and help each other challenge negative thinking. We hope that some of the tips and techniques that we talked about here will help you stay positive, and if your employer has an EAP like MINES don’t hesitate to call them up and talk to someone that can help you with your goals. Continue to practice challenging your negative thoughts and maintaining an optimistic outlook and we are confident that regardless that the groundhog saw their shadow this year you certainly won’t be the one to hide from 6 more weeks of winter.

 

To Your Wellbeing,

Nic Mckane

The MINES Team

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Emotional Resiliency https://minesandassociates.com/emotional-resiliency/ https://minesandassociates.com/emotional-resiliency/#respond Wed, 13 Oct 2010 16:22:40 +0000 http://minesblog.wordpress.com/?p=548 As an organizational development consultant, I have the privilege of working with a variety of teams. So what does that have to do with being “single and satisfied”?

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As an organizational development consultant, I have the privilege of working with a variety of teams.  So what does that have to do with being “single and satisfied”? It’s a good question and one that lead me to think about the fact that every team that I work with is made up of individuals who bring their unique life experiences to the work place.

I am often called to work with teams who are facing challenges as a result of the impact of the, the current economy, a lack of confidence with the organization’s current leadership or large scale changes in the work environment.   I often hear about the symptoms that clearly indicate there is some level of dysfunction; poor morale, lack of trust, turnover, unresolved conflicts, and unskillful communication. It’s no wonder that our division has been asked to facilitate more workshops on “Emotional Resiliency” than ever before in the firm’s history.

Emotional resiliency is defined as our ability to bounce back from challenges. It’s our ability to view disappointments and setbacks as temporary and situational and to find the means to work through them rather than be defeated or defined by them.

People who exhibit emotional awareness, have the ability to persevere, can demonstrate perspective taking abilities, maintain a sense of humor and optimism and seek support tend to be more emotionally resilient.  Whether you are single and satisfied or single and dissatisfied, emotional resiliency is a life skill that transcends the status of all relationships. It’s a life skill that can enhance our ability to celebrate and embrace what we love about being single and cope with the ups and downs of being single.

Emotional resiliency is a trait you can develop. To learn how you can strenghten your own emotional resiliency, you can read more about it by following this link.  There are a number of workshops that focus on learned optimism and emotional resiliency.  There are course descriptions that highlight the key take away skills.

Marcia Kent, MS
President, BizPsych

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