The ‘psychological wallet’
It was from Bo Sanchez talk that I first have heard of the term, ‘psychological wallet’, while I was attending the Feast in PICC (in Manila).
After that talk, I purchased a copy of his book ‘8 Secrets of the Truly Rich.’
The book focuses on the concept of psychological wallets. Bo Sanchez shares, “Enlarge your psychological wallet. The poor have tiny psychological wallets. God wants to give them more but their psychology can’t handle the blessing.” A psychological wallet, based on my understanding, is an imaginary wallet that we all own that limits the wealth or money that we can have based on how ready and open we are towards receiving blessings in material form.
The message really struck me, considering how I have always thought that it is alright to be poor as long as you are good, with the message of one of the Beatitudes ringing at the back of my mind as a reminder: Blessed are the poor in spirit, for theirs is the kingdom of heaven. (Matthew 5:3, NABRE)
All along, I was having financial problems, most of which stem from my incapability to support my family of eleven, being the eldest child. Moreover, I always become emotionally torn whenever I see my family and relatives having their own financial woes and I cannot help at all.
Subconsciously, I believed deep in my heart that money is evil, that if I asked for too much of it, I may grow some evil inside. But, my mindset changed after hearing and reading Bo Sanchez. I started opening my heart and mind to receive more blessings and to ask God directly what I need. My poor mindset started welcoming the idea of an abundant universe that gives a soul what it needs and what it desires when the heart believes. I have enlarged my psychological wallet and have started saving and investing small amounts regularly since then.
Marj Baynosa is a chemical engineer and educator, who loves reading and writing in her spare time, especially on finance, faith, and other seemingly mundane things.