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Money makes the world go ‘round. It seems like every time we turn around, we’re spending money- on gas for our cars, on the food we eat, on the place we live – the list goes on and on. So how do we invite enough money in our lives to eradicate our money woes? The answer may shock you. It’s your mindset!
I know what you’re thinking, “my mindset doesn’t bring home the money and pay my bills.” Or does it?
You see, your mindset is the backbone of everything you do and every decision you make – including your decisions surrounding money. So by aligning your mindset to your money goals and beyond, you’re opening yourself up to a world of financial fortune.
Ready to create your best financial life? Let’s dive into the two main money mindsets!
Scarcity Mindset
Has this ever happened to you? You’re scrolling through social media and you see that one of the people you follow got a brand new car. Instantly, you’re overcome with a feeling of shame for your own car, desire to have a car like the one you’re seeing, and the feeling that you’ll never get there.
Or you’re having lunch with a friend and she shares some exciting news – she got a promotion! Instead of feeling completely happy for her, you feel like, for some reason, you’ve failed and are failing at moving down the path you want to be going down.
These feelings are characteristic of a scarcity mindset. When you have a scarcity mindset, it often feels like one person’s success means your failure because you’re “not doing enough” or “not seeing enough success.”
But it doesn’t have to be this way! Here’s the mindset that will change your financial life.
Abundance Mindset
The key to having an abundance mindset is truly believing that there is enough to go around.
When someone with an abundance mindset comes across someone on social media that got a new car, instead of feeling like their car is inferior and they’ll never get to the car they want, they have the ability to be happy for that person because they know there are plenty of cars in the dealership and the money for their new car is coming their way.
Same with the friend who got a promotion! Someone with an abundance mindset has the ability to be completely happy for their friend and celebrate with them because they know their friend’s success doesn’t mean that they’ve failed. It simply means their friend succeeded and they know soon enough it’ll be time to celebrate their success too.
From Scarcity to Abundance
So, how do you go from scarcity to abundance? The short answer: mindset work.
This will work differently for everyone because we all have different money beliefs and experiences that engrained these money beliefs into our minds. However, if you’re looking for a money mindset transformation, here are two places we can all start.
Money-Centered Affirmations
By repeating affirmations about money, you start to retrain the way your mind sees money, even if you don’t believe them at first! When reciting affirmations, clear your mind, say them clearly out loud or in your head, and let them soak into your mind as if they are always there. Here are a few examples of money affirmations for you to practice with:
- I am abundant
- Money flows to me
- I am on my way to becoming wealthy
- Everything I want is coming to me
- I love attracting money
- Money is drawn to me constantly
Money Journaling
Journaling about your money mindset is a great way to dive into those core beliefs and analyze which ones should stay and which should go to strengthen your money game. Here are some prompts surrounding money to think on:
- Are you a spender or a saver?
- What kinds of money behaviors did you witness growing up?
- What are your priorities when it comes to money?
- What do your bank accounts look like on any given day? Is this how you ideally want them to look?
- What does your perfect financial life look like?
Now dive into the money mindset magic and transform your financial life!
What do you think?