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Your Money Mindset Thumbnail

Your Money Mindset

Did you ever even think that you have a ‘relationship’ with money?

Money Mindset Impacts Every Decision

Money decisions are always symptomatic of a belief system. To say it another way, your money mindset drives all of your financial decision making. Our relationship with money is about how we feel about ourselves that in turn determines our results with money/financial circumstances.

Dave Ramsey says, “Your money mindset is your unique set of beliefs and your attitude about money. It drives the decisions you make about saving, spending and handling money.”

When Is Your Money Mindset Formed?

Believe it or not, your money mindset was formed way back when you were growing up! The experiences you remember, consciously or subconsciously, shape the way you act today. Did you have to have a part time job at a pizzeria to help your parents pay the bills? Were you on the receiving end of generosity by your grandparents? Did your parents never talk about money at all. All of those things shape your thoughts that effect your behavior.

Limiting Money Mindset

  • “I’m not good with money.”
  • “I can’t hold on to money, it’s always something.”
  • “If I had more money, ____ wouldn’t be a problem.”
  • “I work hard. I deserve to not follow a budget.”
  • “I’ll never be able to pay off this debt.”
  • “I can’t earn enough to get ahead.”

An Abundant Money Mindset

  • “I am worthy of making and having more money.”
  • “Money belongs to those who work hard.”
  • “My actions create prosperity for my and those around me.”
  • “It is in my control to build wealth.”
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    How To Improve Your Relationship With Money

    1. Forgive Your Financial Mistakes
      1. Shift your focus away from shame and guilt and move on! Don’t dwell on what happened, apologize to yourself, and get ready for prosperity to flow your way.
    2. Set New Goals
      1. Figure out what matters the most to you and get a plan in motion to get where you want to go. Make them SMART- specific, measurable, achievable, relevant, and timely.
    3. Educate Yourself
      1. Listen to educational podcasts, read some of the many personal finance books, follow successful people, and surround yourself with people you’d like to emulate. Positive vibes and knowledge gives you power


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