While cleaning out some clipped RSS items from NetNewsWire, I found this Get Rich Slowly post on underearning interesting.
It’s a review of Barbara Stanny’s Overcoming Underearning (affiliate link). I encourage a read of the full post, but this passage is pretty good:
At the core of Stanny’s plan is a five-step process of Inner and Outer Work. She devotes a chapter to each step, and restates them as follows:
- Tell the truth about what’s not working for you, and what is.
- Make a firm decision about what you truly want. (What is your Why?)
- Look for opportunities to stretch by doing what think you can’t do.
- Surround yourself with a supportive community.
- Respect and appreciate money by taking good care of it.
The first three steps are your Inner Work. As a building starts with an idea, grows into a blueprint, and finally becomes a real, concrete thing — so your reality starts as an idea, grows into a belief, and then starts to reflect back from the world around you.
Step four is about building a supportive environment. You don’t have to leave your negative friends; in fact, Stanny has a way to use their feedback as well. Finally, we apply the previous steps in how we treat ourselves and how we treat money.
