Mindset is “the established set of attitudes held by someone.” With that being said, what is your attitude toward money mindset? Do you dread thinking about it? Do you feel like you’re in a hole that’s impossible to climb out of?
Let’s help you change the way you feel about money. Here are 7 ways you can improve your money mindset.
7 Ways to Improve Your Money Mindset
#1: Read books focused on wealth.
Make reading part of your daily routine. I highly recommend it. Below is a list of some of my favorites:
- Profit First by Mike Michalowicz
- Get Rich Lucky Bitch by Denise Duffield Thomas
- You are a Badass at Making Money by Jen Sincero
The latter was our February book club pick in my Biz Bestie Squad!
#2: Give thanks.
Maybe you have a mantra, or maybe you don’t. You should have a mantra based in gratitude though. I like to meditate with the mantra “thank you” at nighttime.
The world is a reflection of you. When you look around your life and see and feel lack, you will likely only get more lack. Stop looking at things like you “only” have this and you “only” have that.
Be grateful for every little thing you are and remember how blessed you are to have those things. Be truly and deeply thankful and grateful. Consistently pause and give thanks throughout the day for how much you already have.
It’s okay to have a mantra revolved around money too.
#3: Be generous.
Instead of constantly being in the receiving mode, and just wanting more more more out of life, start to give a little bit more.
Donate to a charity, treat your friends to a round of drinks, participate in a fundraiser.
Generosity will come fill circle. It always does.
#4: Get on the same page with your partner.
Do you both have the same problems with money mindset? Is one of you a “spender” and the other a “saver”? How do you have your finances organized? Do you both have the same ultimate goals? Where do you see yourselves in 5, 10, or 20 years?
Make sure you are on the same page with your partner about all things financial. Two people taking the journey together will create better results than if you were going it alone.
#5: Stay organized.
Use a software like YNAB, Quickbooks, Freshbooks. They can help you organize your income and expenses and break it down monthly, yearly, and quarterly. Tips are even provided regarding taxes.
Do some research to determine which software will serve you the most efficiently.
#6: Embrace your worth.
You are worth something. Value your time. Make sure your prices are a reflection of both.
Don’t be afraid to say no.
Don’t let people take advantage of you.
#7: Create space in your life for more wealth.
Donate to Goodwill, Salvation Army, etc. Seriously, there is something about cleaning out your closet, your kitchen, your garage… you’ll feel relieved about decluttering your surroundings.
Practice more minimalism and gratitude for the things you have that make you happy. Appreciate what you have and make room for more.
Visualize the Abundance You Want to Achieve and Take Small Steps to Get There
Try to imagine what your life would look like if you got to a place of true wealth and abundance, and the feelings that would give you. Think about what you really want from money. What does wealth and abundance look like to you?
Focus on achieving that feeling more, and think less about the part money plays in that.
For example, if you wish that you had more money so you could go on a vacation every year — why do you want to go on vacation? Is it because you need time to relax and destress?
Find new ways to bring those feelings of relaxation into your current lifestyle so that you are experiencing that feeling of abundance without needing money to get there.
I hope you found this blog post helpful. Money should never, ever hold you back from pursuing what makes you happy. How has your outlook on money changed after reading this?