Every Problem You Have About Money is a Thought Problem (Part 1)
Money is made in the mind before you actually see it in reality. Whether or not you believe that is a reflection of your thought life. If you envision yourself having access to money, eventually you will. The amount of money depends on you. I must admit, this is an area I also struggle with however, I believe I have the power and ability to improve my financial status when I consciously decide to live in abundance.
Scarcity Mindset or Abundance Mindset?
So let’s start here because the root of money issues lies in your mindset. Your mindset is created based on your life experience, your environment, and circumstances. It partly explains how people have different outcomes when going through the same experiences. Some experts believe that chronic money problems are rooted in self esteem issues or related to trauma (like divorce, illness, death of a loved one, etc), and either could manifest itself through a lifestyle of high spending or low income living. Yes, either extreme is possible. Your mindset can help you overcome or succumb to these circumstances.
A lot of us seesaw between either a scarcity mindset and that of abundance. Scarcity means you believe you live in lack – all across the board, not just financial related. You feel that there is never enough money within reach for you and that you will never have financial stability. Your circumstances may or may not actually reflect that, however that is irrelevant, because you believe you are undeserving of money regardless.
“An abundance mindset is one where you believe you are entitled to all forms of wealth (which is inner wealth/wellness and external wealth such as material belongings). ”
You know that you can attract money to get anything you want (note: you know you’ll have to put in some work to achieve your goals though). You believe life is meant to be lived fully, and to experience a full life you’ll need money, which again, you understand you have access to money.
I have to check my own mindset here as well because it’s hard to naturally default to an abundance mindset if you’ve spent so many years operating in a scarcity environment. So I challenge you today, just like I challenge myself daily, to make decisions based on the fact that you circulate money (abundance) versus spending it (scarcity); that it can come back to you multiplied because you make wise money decisions (abundance). Believe that you are deserving of financial abundance and that it is possible for you. Has your focus been on the “lack” or on the “enough/ more than enough”?