How you feel about money plays a huge role in how satisfied you feel about life as well of course as how money comes and goes in your life.
What is a Money Mindset?
It's what you believe about yourself and how much money you think are worthy of having. It's mostly subconscious and the good news is that it can be changed. It controls how much money you earn, how you spend money, whether you ever have any savings or not and most importantly, how you feel about yourself and what you are worthy of.
How does your money mindset affect your Life?
Well everywhere really. It will show up in the career choices you make, what you choose to spend your money on, whether you're in debt, how well you handle setbacks, whether you take up the opportunities that come your way and whether you have any long-term financial security.
Why does it have do much power?
Because your money mindset stems from how you feel about yourself and what you noticed about money as you grew up. How your parents viewed and handled money and what you were taught about budgeting as a young adult.
How can you tell if you have a Negative Money Mindset?
Be Mindful. Start to become aware of how you feel about money.When you see people who have lots of money, what are your first thoughts? Do you judge them? Do you think they must be wasteful or frivolous?
Recognising these thoughts will give you a great insight into how you really feel about money as opposed to how you think you feel about money. A negative money mindset can have come from almost anywhere including childhood, maybe money was always tight and your parents were worried a lot. Maybe food was scarce, the heating didn't get put on much or maybe you often heard your parents saying things like money doesn’t grow on trees or I'm not made of money , or maybe you were never shown how to manage your money and its always overwhelmed and run away with you.
How to get a great Money Mindset.
Mindfulness.
Mindfulness is the practice of being fully present in the moment without judgement and can be an incredibly powerful tool in transforming your money mindset. By taking the time to really explore your thoughts and beliefs around what you think deserve or are worthy of and how you feel about money, you can see where the work needs to be done.
You can then start to challenge and reframe your thoughts and emotions so that you can transform how you feel about money and begin to create a great money mindset.
Once you've worked on that, you can learn how to budget or maybe get some financial advice and then start to build your confidence by setting some realistic goals around money.
You can start a gratitude practice to help you focus on what you do have rather than what you don't and to reinforce the work you are doing on your thoughts about being worthy.
You can use affirmations.
You could start to visualise yourself as you want yourself to be with money, bringing in as much detail as you can. Try to feel what it would be like to be financially successful. See yourself doing good things with your money and believe that as you have manifested it,it will come.
Another thing that will really help is to stop focusing on their being a lack of money. What you focus on you create. Instead, get yourself into a mindset of abundance. I'm not saying fake it till you make it and spend money that you don't have. It's more about feeling abundant, and knowing that you will always have what you need. That way if you see someone that you can help, maybe someone needs a coffee or a meal or you can donate a £5 you can do so with generosity and no expectation of payback which retrains your brain to feel abundant and ramps up your money mindset and vibration.
Lastly, on a practical level it's good to budget so that there is always something left over at the end of the month even if its just a couple of quid and it's even better to have some savings. It doesn't have to be much but having a cushion behind you, helps you to stop worrying about money which obviously reduces the stress in your life and reaffirms that you are abundant.
Conclusion
Taking charge of your money mindset is a process.
Take the first step and understand the roots of your beliefs, be mindful, and use positive mindset tools like affirmations and visualisation to reshape your relationship with money. Transforming your money mindset is not just about financial success; it's about working on your self-worth, your confidence, and a building a sense of security in your financial dealings.
If you would like to know more, please get in touch to book a free 30 minute call to see how I can help you to change your money mindset.
Chris.
+44 (0)7974 618499