Why money mindset matters and how you can start changing yours today!
Money. I love money. I love making money. I love talking about money. (I heard some of you gasp through the screen).
Every time I say that I love my money, people look at me a little weird and I get why. Growing up, most of us are taught that wanting to make more money or loving money makes you greedy or that money is the root of all evil or that you have to compromise on your values to make money.
I first heard it from master coach Brooke Castillo who suggested that if you’re an evil person, you’re going to do evil things with money and if you’re an amazing and wonderful person, you’re going to do amazing and wonderful things with money.
I didn’t always think this way though. Growing up, I believed what I was taught and what I heard:
1. Money doesn’t grow on trees.
2. Making money is difficult.
3. Wanting to make more money is a sign of greed.
4. Rich people have compromised their values to get where they are.
5. The more time you put in, the more money you make.
And so much more!
It wasn’t until 2 years ago that I realized how these thoughts were not serving me. It wasn’t until I finally sat down and thought about why making money was so difficult for me did I realise that it’s because of my thoughts and beliefs about money.
Your relationship with money is nothing but your thoughts about money. And in my relationship, I always believed that money was hard, difficult, exhausting and what not.
2 years ago, I dove deep into personal finance. I read any and every personal finance book that was recommended and started listening to podcasts about money.
Every single book I read and every single podcast I heard had the same idea of working on your money mindset before you can start making the money you want.
All these resources seemed to have the same underlying idea and implementing those ideas is how I landed my first job and started making money as well as how I started and monetized my side hustle a.ka. this blog.
Most people want to usually skip this part and move straight to the part about making more money and I totally understand why. But the reason I always encourage them to evaluate their current relationship with money is because money flows to you so much easier when you clean up the limiting beliefs you have about money.
How often do we hear people winning a lottery or gaining an 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, probably enough to solve all their financial worries, but they still had the same thoughts and beliefs about money which caused them to lose most of it.
The key to gaining financial freedom is to start by working on your money mindset.
This post was written with you in mind, to help you take the first step in changing your money mindset, paving the way for your financial success (Don’t worry it’s not just chanting affirmations day in and out).
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’, 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.