The life changing money mindset hack (FREE 5-day course included).
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. Amazing isn’t it? Need I say more?
I didn’t always think this way though. Growing up, I believed what I was taught and what I heard:
- Money doesn’t grow on trees.
- Making money is hard.
- Wanting to make more money is a sign of greed.
- Rich people have compromised their values to get where they are.
- 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. Yous see 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 but the reason I always encourage them to evaluate their current relationship with money is because money becomes so much easier when you clean up how your beliefs about money.
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, probably enough to solve all their financial worries, but they still had the same thoughts and relationship with 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 is going to help you take the first step in your money mindset journey, 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.
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.
I want you to notice your current thoughts about money. Your relationship with money is nothing but your thoughts about it.
Are you always thinking that money is tight? Do you believe that in order to earn more money, you have to spend more time? Do you feel guilty about wanting to make more money? Are you repeating more of what you’ve done with money in the past and carrying it into your future? What story have you been telling yourself about why you can’t make more money?
I want you to answer these questions and see how they’ve served you so far or what results they have given you.
Another exercise is for you to take a look at your bank statement right now and notice how you feel. What is your strongest emotion? Is it grateful, abundant, and excited? Or is it lack, disappointed, scared?
I want you to be curious about your thoughts and feelings. If you’re someone who thinks that making more money requires spending more time, I want you to be curious about it. We all have the same 24 hours. If money was dependent on time, why do some people make more than others? Think Warren Buffet, Oprah, Bill Gates. They make money based on the value they provide, not the time they put in. If you want to make more money, maybe instead of time you can focus on providing more value to your clients.
This may be hard for you to do, but know that it will serve you well. Being aware of where you currently stand and being curious about your beliefs will kick-start your money mindset journey.
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 and feelings.
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.
Of course you’re worthy of having money. Of course you can make more money.
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, don’t confuse time and 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.
5. 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.
The number you write should excite you a little and scare you a lot. For me, my goal is to make $10,000 per month from my blog by the end of 2020. That scares me and excites me and amazes me.
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 email@example.com 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! ^_^