We all have different motivators for wanting money. For some, it’s the freedom to have the things they truly want; for others, it’s not having to worry about paying bills or the ability to donate to charities. Our views around money form at a young age, and it is this money mindset that then carries out the way we perceive and desire money throughout the remainder of our lives. So, in this episode, I am going to discuss two main mindsets surrounding money—scarcity and abundance—explaining how to change your mindset so that you are ready to reach the level of prosperity you want in life.
Listen in as I break down what a money mindset is and how this can impact your ability to achieve your goals. You will learn how to stop operating from a place of fear surrounding money, the benefit of surrounding yourself with people who have an abundance mindset, and how practicing gratitude can increase your positive money mindset.
“Understand the past, be in the present, and plan for the future.” – Tracey Bissett
This Week on Young Money:
- How a money mindset can impact your ability to achieve goals.
- The benefit of assessing your money motivator.
- Several questions to ask yourself to identify your money mindset.
- The value in having an abundance mindset and what this means.
- Three strategies to help increase a feeling of abundance.
- Why it is important to dream big.
Key takeaways:
- Practice gratitude.
- Surround yourself with like-minded people.
- Create space.
- Understand where you come from.
- Know your worth.
- Be the change you want to see.
- Don’t let your past dictate your future.
Resources Mentioned:
- Tracey Bissett – The Money Coach for Entrepreneurs YouTube Channel
- EP036 Kelley Keehn with 5 Ways We Sabotage Our Finances
- EP062 What is your Money Mindset?
- EP111 Milli Moves: Talk Money to Me with Kelley Keehn
- EP183 Talk Money to Me During COVID and Other Times of Financial Distress with Kelley Keehn
- EP229 Rich Girl, Broke Girl with Kelley Keehn
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