Money with Jess. Jessica Irvine

      As you can see, in the centre of the wheel sit six core human emotional states: happy, sad, disgust, anger, fear and surprise. Psychologists disagree about which ones should occupy the central space, but these will do for our purposes.

      Fanning out from the centre, you see ever more nuanced words to describe subsets of the core emotions. Let your eye roam over the middle and outer circles for a moment. Do you just feel sad? Or do you also feel despair or powerless? Do you feel just fearful, or also anxious and overwhelmed?

      The reality is, you can feel multiple emotions, from different slices of the wheel, all at the same time.

      These days, I keep a wheel just like this plastered in the front of every journal I write in. I refer to it regularly to help me identify my emotional state. I sometimes make it a personal challenge to name as many relevant emotions as I can!

      I have found this simple act of naming my emotions to be an incredibly powerful tool for helping to dissipate the very emotions I'm feeling.

      ‘But Jess, what's all this got to do with money? I've read several pages of your book now and I still don't feel rich. What gives?'

      Okay, let me come to the point.

      I want you to now look at the emotions wheel and identify exactly which words apply to you when you think about money — either your own personal financial circumstances or the notion of money in general. You can circle the words on the page, or write a list in a separate notebook. Try not to judge yourself — nobody is watching. Just try to name as many relevant emotions as you can.

Here are a few of the very common ones people gravitate to:

      In your body, you might feel some of these emotions as a tightness in your chest, a clenched jawline or hunched shoulders.

      If that's you, take another moment right now to just breathe for a second. Go on. Deep breath in … and out.

      Relax your shoulders away from your ears; now your jaw, letting your tongue drop away from the roof your mouth.

      There, isn't that better?

      Go on, take another deep breath on me. They're completely free, I promise.

      Now I want you to know that all these feelings you feel about money are very common and very normal. I have felt them too.

But what if I told you there was also another way to feel about money?

      What if I told you it is possible, instead, to feel peaceful, hopeful, optimistic, courageous, confident, proud and liberated?

      Sound too good to be true?

      It's not. These are words I now feel when I think about money. I know others feel them too.

      It turns out we can alter the emotions we feel about something. And in chapter 2, we're going to work through transforming the emotions you feel about your money.

      But we have to do some more detective work first.

Where do emotions come from?

      You see, emotions don't just arise out of nowhere. They are the body's and mind's reaction to the world around us and — even more explicitly — the thoughts and beliefs that we have about that world.

      These can be thoughts you aren't even consciously aware of; they're just thoughts swimming in the social soup you've been fed all your life from society, governments, media, your family and friends.

      Often we're not even aware we're having a specific thought. Sometimes, we're just having so many thoughts in such rapid succession, it's too hard to pinpoint one in particular.

      But I promise you, if you are having a strong emotion, it is being driven by a thought you are also having.

      Luckily, there is an ingenious way to identify thoughts and distinguish them from emotions.

Emotions can be summarised in one word — for example, ‘fear’, ‘joy’ or ‘sadness’.

      Thoughts, by contrast, come in sentence form — for example, ‘I am going to fail the test’; ‘Nobody likes me’; ‘I will never be able to own a home’.

      Logic decrees that there can only be so many words to describe emotions, which is why it's often easier to try identifying them before thoughts.

      Thoughts — comprising of a string of words — exist in almost infinitely more variety, so catching yourself in the process of having a specific thought can be very difficult. But necessary if you want to be able to choose to think another thought that could, in turn, drive a different — perhaps more pleasurable — emotional state.

      Because here's the thing. Thoughts are not facts.

      They certainly can be. ‘I think the sky is blue’ is both a thought and a fact. But ‘I think my friend didn't text me back because they don't like me and I am a worthless person' — while certainly a thought you could have — is not a fact.

      Why is that not a fact? Well, first, because no human is worthless. But also because it could just as easily be the case that your friend not texting you back, in fact, had nothing to do with you. They lost their phone. They are in a meeting. Or they simply don't have the mental capacity to reply.

      What we choose to think about a given situation matters because the emotional state it creates will, ultimately, drive our actual behaviour.

      If you feel scared, you will likely run away, if possible.