While I do get a little tetchy with people who claim you can “manifest abundance” just by chanting (uh, NOPE! Gotta do the real-world work, too!), I do believe that mindset plays a huge part in your money energy and your money story. A lot of money stories, fundamentally, have to do with fear around survival and a scarcity mindset. If, for example, you find yourself living paycheck to paycheck or are always frustrated and stressed out about money, this might be part of your story.
But it can be more insidious too. Maybe you make plenty of money, but you always feel guilty about it, as though wanting abundance somehow makes you “greedy.” Or you might worry about taking your fair share, as though if you get more, others will have less. Sometimes I see mindset problems with compulsive savers. From the outside, it sounds like a good problem to have, but these people save and save for a rainy day, and never touch a dime because they are too afraid of what might happen.It takes some work, but you absolutely can reframe your thoughts and break through negative money mindsets. Click To Tweet
Changing your money mindset
Thankfully, thoughts and ideas can be changed! It takes some work, but you absolutely can reframe your thoughts and break through negative money mindsets. If you feel like you might have a scarcity or survival mindset, take a moment to ask yourself where it stems from. A lot of times, these “survival” instincts are handed down generation after generation or solidified early in childhood.
Think about how your parents and grandparents felt about money. What did you do with money as a child, spend it or save it? Were you taught good money habits or were you chastised for your decisions around money? These early experiences can shape how you feel about money. I actually found it beneficial to work my way year-by-year, noticing what was happening in my life as far back as I can remember, and thinking about the family dynamics at play. Then ask yourself, is this the truth?
If we grew up when money was scarce, we might feel the need to save compulsively even when money isn’t scarce in our adult lives. Or, maybe you were somehow made to believe that a low-level job was the best you could ever hope to do. Or maybe you feel like there is no point to saving money because it’s all going to disappear anyway. Is that true? Probably not. It’s just a version of a story you have adopted for yourself. The good news is, you can start to turn around that story into something that serves you better.
Create a solid plan
As I said, I know that mindset plays a big part in how we approach money, but the only way you will change things is with a plan. Luckily, survival and scarcity mindsets love a plan, because that helps with the feeling of security! Developing some financial goals and then creating a conscious spending plan to help achieve them will help soothe and satisfy that part of yourself that is desperately craving security.
If this is a step you need to take, I highly encourage you to book a consult with us so we can talk about building a plan to help you define and grow confidence in your long term security. It only takes a few minutes to start!
P.S. For more information about developing a better relationship with your money, check out our library of resources.