7 Stupid Beliefs Even The Smartest People Have About Money

Megan Walls has been a certified life and executive coach for about a decade.

While working with professionals looking to make a change in their careers, or simply take better control over their lives, she noticed a recurring weak spot among otherwise intelligent, capable people: money.

"For some reason or another," she explains, "these clients aren't as mindful or deliberate as they'd like to be. Some are business owners, lawyers, or in education."

When these clients started asking Walls to help them master their finances, she got right down to the heart of the matter: their core beliefs about money.

Skip straight to the self-sabotaging beliefs >>

"A belief is a thought you think over and over again," she says. "And then that belief gets buried in your subconscious, and causes an emotion - anything from contentment to fear - which then causes you to take action and produce some sort of result. That's the chain: emotion, action, result."

If these core beliefs are self-sabotaging, you can imagine how that chain progresses.

Here, Walls shares some of the more damaging financial thought patterns she's observed in her practice, among the most impressive professionals.