Money that 5-letter word. Is it great and good and makes the world go ‘round’ or is it the root of all evil? There are so many thoughts, feelings and emotions one can experience with money and it all depends on your programming. Did you experience money as something that was abundant and flowing in your life (if yes that is fantastic!) or was it abundant but controlled …meaning you could have money as long as you did what the holder of the money expected or demanded. Or was scarcity the main money experience for you – money was hard to come by – you had to work hard and long for it, and you never got ahead. Sadly, scarcity was my personal experience, as it is for most of the women I coach.
Today I want to talk to you about something that has changed my life for the better: shifting your money mindset.
What does that mean? Well, it means changing the way you think and feel about money, and for me it meant changing a scarcity mindset to one of abundance. A scarcity mindset is when you believe that there is not enough money for everyone, that you have to compete and struggle for it, and that you have to hoard and save it. An abundance mindset is when you believe that there is more than enough money for everyone, that you can attract and create it easily, and that you can spend and share it generously.
Why is this important? Because your money mindset affects your actions and results. If you have a scarcity mindset, you might limit your income potential, avoid investing in yourself or your business, and feel stressed and anxious about money. If you have an abundance mindset, you might increase your income potential, invest in yourself or your business, and feel confident and happy about money.
How can you shift your money mindset? Here are some tips that have helped me:
– Practice gratitude. Every day, write down at least three things that you are grateful for in relation to money. For example, I am grateful for the money I earned today, I am grateful for the money I spent on groceries, I am grateful for the money I saved for a vacation.
– Visualize your desired outcome. Imagine yourself having the amount of money you want, and feeling the emotions that come with it. How would you act? What would you do? How would you spend or share your money? The more vividly you can picture it, the more likely you are to attract it.
– Take inspired action. Don’t just sit and wait for money to come to you. Go out and create value for others, offer your skills or services, or start a project or business that you are passionate about. The more value you create, the more money you will receive.
– Challenge your limiting beliefs. I like to challenge my limiting beliefs using a combination of two tools. First is the use of reframing – this means whenever you catch yourself thinking or saying something negative about money, such as “I can’t afford that”, “Money is hard to make”, or “Money is the root of all evil”, stop and replace it with a positive affirmation, such as “I can afford anything I want”, “Money is easy to make”, or “Money is a tool for good”. And the second tool is using tapping with visualization and voicing to clear old unconscious programming and resistance about money. I must say these two tools in combination were the game-changer for me to observe significant shifts right away.
Shifting your money mindset is not something that happens overnight. It takes time and practice. But trust me, it’s worth it. When you change your money mindset, you change your life. I mean who doesn’t want to feel good about money, making money, spending money, sharing money. And who doesn’t want to stop worrying about it. I know I do – how about you?
I hope this article has inspired you to start shifting your money mindset today. If you need support in this area, do not hesitate to reach out and book a free consultation call with me. I have a full money mindset shifting program you may have interest in.