You could know everything that their is to know about money, business, and investing, but if you have a false belief that you somehow do not deserve to make a certain amount of money you will subconsciously end up making what you believe you are worth.

If you spend all of your time learning financial knowledge and pay no attention to your own personal psychology, you may be spinning your wheels. In the book "Secrets of a Millionaire Mind", by T. Harv Eker, he talks about the idea of a Money Blueprint. How we have been programmed or conditioned to think about money. Often our internal beliefs about money are disempowering beliefs, and are subconsciously sabotaging our road to success.

You may have heard of the terms "Law of Attraction" or the "Process of Manifestation", these are both similar psychological processes that basically state:

Our beliefs impact our thoughts...

Our thoughts affect our feelings...

Our thoughts and feelings lead us to our actions...

Our actions determine our results.

Where you are at financially in your life is a result of all of the choices you've made up to this point. The choices you made were based on your beliefs, thoughts, and feelings at the time. By understanding and controlling this process you are able to determine your results more effectively.

Take a psychological check up. Do you ever say, think, or feel anything bad about wealthy people. When you were younger did you hear sayings like "Money is the root of all evil", "Money doesn't make you happy", or "Money is not important". When you think of becoming wealthy do you have worries about people wanting a hand out, or thinking that you won't know if your friends are your true friends, or if they just like you because you have money. If you subconsciously believe that all rich people are greedy, are you really going to want to become like them. How can you become something you don't like?

I highly recommend reading "Secrets of a Millionaire Mind". It is a great book whether you are a beginner or a seasoned pro. You may find some parts a little "fruity", as he has you put your hand on your heart and repeat some sayings as well as putting your finger to your head and saying " I have a millionaire mind". I was surprised that he didn't explain more in depth why he has you do this. It has to do with the Anchoring principle in NLP (Neuro-Linquistic Programming). In plain English Anchoring is the association of a stimulus (touch, site, smell, sound or taste) and an emotional state. He is basically trying to strengthen the message he is communicating to you by having you anchor it to an action. I did it, but what can I say, I have never been afraid of being a little different.