Everyone has beliefs or stories around money that contribute to a persons ‘money mindset’. These are more often than not formed from our experience of money growing up. The stories and narratives we hear from those close to us and from the image of money portrayed by the media.
This might lead to beliefs such as:
- Money doesn’t grow on trees
- Money is hard to make
- You have to work hard to make money
- Enjoying money and being rich makes you a selfish person
- Saving money is hard
One of the key components to helping you make money is helping you get clear on YOUR money mindset and beliefs. Becoming consciously aware of what these beliefs are is the first step to transforming any that aren’t serving you!
BELIEVING that you can be successful and wealthy is integral to the process of getting and staying there.
A negative money mindset is formed from lack and scarcity and can create barriers between you are your financial success. A negative money mindset makes you view you financial situation from a negative perspective and might translate or show up as feelings of:
- People aren’t going to pay me that
- People like me don’t make that kind of money
- I can’t make that much money
- That’s too expensive
- I can’t invest that in myself
Do these resonate with you?
What do you believe about your ability to be wealthy? Do you truly believe you have the potential to earn as much money as you want?
Before you can change any of your money patterns, you first must become aware of your fears around money. Without doing this you are not able to identify where the resistance is which keeps you stuck in place.
Addressing your money mindset issues and fears around money early on in your business will pay dividends. If you don’t, without knowing it, you may subconsciously be sabotaging your own success!
Learning how to create a positive money mindset can result in huge changes in your life and business. But remember, changing your money mindset won’t happen overnight! It takes work, it means digging deep and uncovering the fears and resistances you may have. It’s also an ongoing process, like keeping a muscles strength it takes practise and commitment.
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Some of our top tips to work on your money mindset include:
Asking if your Money Fears are real
What your mind can conceive you can achieve. If your mind is constantly telling you that you can’t have the success you desire, you will be forever held back by your limiting beliefs. Start questioning your beliefs and see how your mindset changes.
Sharing your fears with others
Sometimes putting feelings into words can help make everything feel clearer and can help you remove any negative energy you associate with money. The truth is most of us have money blocks and when we say them out loud, they kinda sounds ridiculous!
Don’t worry no one is going to judge you – they’ll be grateful you spoke about this and more likely than not, others will be able to relate to how you are feeling to.
Journaling Your Thoughts
Journaling is a powerful way to get to grips with your money fears in a safe and secure way. You can keep track of your money mindset in terms of your fears, goals and ambitions.
Journaling in this way and keeping track of how your money mindset and fears are showing up in your business allows you to identify any triggers.
Re-framing and affirmations
When you notice a negative feeling about money coming up re-frame this in a positive light. Practise daily money affirmations to help you feel more positive about money and make this a more natural state of thinking. You could try sayings such as ‘I am a money magnet’ or ‘Money comes easily to me’.
Our best advice: start by making one small change! As you begin to do the work you will notice you will start to feel more positive and instead of focusing on all the reasons you can’t or won’t succeed you will look and find new opportunities for money to be present in your life.
Entrepreneur, Mentor & Founder at Women in Business Club
Raimonda is a serial Entrepreneur, Business Coach, International Speaker and Business Funding Expert. She is the founder of the Women In Business international community and events.
Raimonda launched her 1st business at the age of 21 and has since pursued her entrepreneurial passion, by starting and launching more businesses as well as supporting others to do the same.
Over the last 10 years in business, Raimonda has learned the power of mentorship and encouragement, therefore is now passionate about helping other entrepreneurs achieve success and make a positive impact on this world.