I went from being broke and being dependent on my parents to making money by landing a job and starting a side hustle.
I was 19, depressed (severely), suffering from anxiety and had ZERO financial freedom. Between then and turning 20, landing my first job, and now starting a side hustle (AKA this blog), I have been able to develop an amazing relationship with my finances and they are only getting better and better.
The secret? That’s all this post is about. And here’s the best part! Anyone, anyone, and I mean absolutely anyone can improve their relationship with money with this.
If there is one thing I want you to take away from this post, it is this:
The way you think about money i.e. your thoughts dictate how you feel about money.
Your feelings towards money create your actions.
Your actions create your end results.
This is it. This is literally the secret (mindset) that you can use not only to improve your relationship with money or make more money but to everything and anything in life!
Until you make a conscious effort to understand and then more importantly implement this, your relationship with money and your circumstances around money will not change the way you want it to.
How often do we hear people winning a lottery or gaining inheritance that can solve all their money problems yet losing all of it? This is because they weren’t ready for the money. They had more money but they still had the same thoughts and relationship with money. The key to gaining financial freedom is to start by working on your money mindset.
This post is going to help you master this money mindset, paving the way for your financial success (Don’t worry it’s not just chanting affirmations day in and out but they do surely help!).
If you want to go all in and make a massive difference in your money mindset, I highly recommend you read You are a badass at making money by Jen Sincero. That book changed my life by shifting my money mindset and has given me all the results I have with money today. It uses simple language, has great exercises at the end of each chapter, and really allows you to learn and feel abundant with money.
Let me explain this with an example. If you constantly keep thinking that ‘Money is difficult. Making money requires a skill I don’t have. Making money is just too difficult for me. Wanting money is a bad thing’, what is going to happen is that your brain is going to find ways to prove you right.
That is just how the human brain works! On the contrary if you think that “Money if fun. Money is easy. I love my money and the financial independence it gives me’, your brain is also going to find ways to prove that right as well! Yup, the human brain is extremely supportive that way.
Once you start shifting your mindset and getting into the flow with money, your energy will shift and many other parts of your life will start shifting too. – Jen Sincero
The good thing is that in the next few minutes, I’m going to tell you exactly what I did and what you have to do to change your mindset and to start making more money.
1. BE BRUTALLY HONEST ABOUT WHERE YOU ARE NOW.
Truly write down what your current relationship with money is.
It is important for you to know and admit where you currently stand in order to get where you want.
Include how you feel about how much you make, how much you spend, how much you give away and your debt!
Pro tip: Open your bank statement, see how you feel, and those are your real thoughts about your money!
2. STOP CONFUSING YOUR FEELINGS FOR FACTS.
Now understand that whatever you have written, whatever your current relationship with money is, are just your thoughts.
Read that again because this is everything! Your thoughts are not facts.
It is so important for you to believe this. Just because you think that you aren’t worthy of money does not make it true.
Someone or some circumstance has made you feel this way, but this isn’t a fact.
Someone else in your exact financial situation, exact amount of debt, exact amount of money can have very different end results based on their relationship with money which again, are their thoughts. This is how powerful your thoughts are!
Once we become aware and decide to consciously respond instead, we can change our habits, which will change our realities – Jen Sincero.
3. CHOSE HOW YOU SPEAK ABOUT MONEY AND START LOVING IT.
Now that you know where you stand and that you have the power to change your reality, think and speak intentionally and consciously.
Don’t joke about being broke, don’t feel guilty about wanting to make money, and whatever you do, do not for a moment think that because you have made unfavorable financial decisions in the past, you can’t change your present.
This is important because in the beginning if you aren’t thinking and taking conscious actions, your brain will think for you and your brain was made for survival.
It doesn’t know if the decisions you have made in the past are good or bad, it only knows that you’re still alive and have survived so it will repeat those actions, thereby producing the same results.
Observe your thoughts and change them if they don’t align with your end goals! It is really that simple.
4. ALLOW YOURSELF TO FALL DOWN BUT NOT FALL BACK.
Here is the part no one wants to listen to but it is so important you guys. You will have days where you feel that no matter what you do you just aren’t able to make money or where you don’t make as much as you had expected.
This will happen, there is no stopping it, at least in the beginning.
So instead of draining yourself and falling back into the ‘I can’t make money’ rut, allow yourself to feel what you’re feeling but give it no meaning. Instead of quitting, say ,”I tried and failed and that’s okay”. “I’m scared to make changes and that’s okay.“.
Allow but don’t give it meaning. Doing this every single time rewires your brain to think as if you’ve already reached your goal.
A person who has thousands and millions of dollars isn’t going to worry about one bad money day. This rewires your brain to think from a place of abundance instead of lack.
The fun part: Write down your money goals.
Don’t be afraid to include numbers about how much money you want to make, your savings, your debt, and how much money you give away and get specific! Numbers give you an actual direction to move towards.
Guys there are so many mindset hacks that will absolutely blow your mind and I’m going to write a post all about them because I know they will help. But nothing else in ‘Money Matters’ actually matters till you don’t start incorporating this mindset in your everyday life and start liking/loving your money.
To help with that, I’ve put together a little surprise for you! A FREE 5-day guide/action plan that will help you get into the right mindset that you can find below to get started right away and the right way.
I would love to hear your money story so please do leave it in the comments below.
Also, I have a bunch of posts lined up for you about money mindset hacks, various ways in which you can make money, side hustle, and a lot more!
As always, feel free to reach out to me at firstname.lastname@example.org for any questions and I’m happy to reply to all of them personally.
I’m your biggest supporter and I want you to have the most amazing results for yourself. You’re 100% worth it.
Until next time! ^_^