Did you hear the phrase “money doesn’t grow on trees” as a child? That seemed to be a phrase that I was told quite often. I am not sure of my
What If I told you you could change your money mindset?
Shifting my OWN money mindset
There is more than enough money to around. We can make even more money if we really put our mind to
Honestly, I use to listen to Jesse Lively of The Lively Show and wonder how she could manifest amazing things into her life. She would talk about
Making more than $100,000 seemed impossible
I fell victim to our financial situation and felt like we would always be a low to middle-class citizen who was barely scraping by. It was how I felt with the debt on our shoulders and barely any money in the bank.
Then something crazy happened. In July 2017 we sold
We used a portion of the proceeds for the down payment on our current home but we also took a portion of the proceeds home with us to pay off some consumer debt and to become one month ahead on our bills.
That was the day everything changed
We stopped living paycheck to paycheck.
We had one month worth of expenses in checking and in the past 18 months we have kept that cushion plus our emergency fund.
Having money in the bank shifted my money mindset. Seeing even $1,000 in the bank was something that never happened early in our marriage, now with one month worth of expenses in the bank we have freedom.
We no longer feel chained to the bank account. Grocery shopping no longer causes stress. I know the mortgage will be paid. We can take a mini-vacation and not wonder if the electric bill will get paid. We have enough money to do it all now.
Here’s the funny thing though – if you read our debt free journey story you’ll know that we actually took quite a pay cut when my husband left his corporate management job to go back to shift-work.
Did we really shift our money mindset just because we have over $1,000 in the bank now? Yes, we sure did and it has done wonders for our marriage and personal lives.
We no longer stress about money on a daily basis and worry about how the bills will be paid. We will be debt free and we will be able to pay for our kids (
Are you ready to shift your money mindset?
5 Easy Ways to shift your money mindset
have a plan for your money
A budget is the beginning of shifting how you view money.
Having a plan for how you will spend your money is the key to changing your money mindset. You will know exactly where every dollar is going and what every dollar needs to do for you.
Remember Money is personal
Have you ever compared your financial situation to someone else close to you? Maybe it was a coworker or even a family member.
One of the best things we can do for our money mindset is to remember that money is personal. We all manage our money differently, we all have different priorities, and we all have different amounts of money.
It is okay that we don’t drive the same car as the guy next to us, or our house is a bit smaller than a family members. We are all on our own personal journey and we don’t know the whole story of anyone else’s financial situation.
Change how you talk about money
The way we talk about money says a lot about us and our money mindset.
We often put ourselves in the victim mentality when it comes to money. With phrases like “I will never be able to afford that!” we continue to be the victim of our own situation.
Has that phrase ever come out of your mouth? I bet it has. We have all said it.
When we turn the way we talk about money into a positive statement and acknowledge that we are at different places in our financial journey; we begin to see a shift in our money mindset.
Congratulate the people around you for their accomplishments. Maybe your neighbor just got a new car say something like “Congratulations on your new vehicle!” Leave out the part making yourself the victim for not having a new car (or whatever the item may be).
You can be happy for someone else and still be happy in your own money situation.
Each November I take part in a challenge called “31 Days of Thankful”. The whole premise is to track the little things we are thankful for each day.
Of course it is okay to be thankful for our health and family. However, when you start to be thankful for the little things like the ability to watch the sunrise, or listening to a baby laugh, something shifts inside of you.
Practicing gratitude on a daily basis will help you see all of the little things that you are blessed with. Some of the things may seem silly at first but if you stick with it for at least 30 days you will begin to see your mindset shift.
I highly recommend keeping a gratitude journal and each day writing at least one thing you are grateful for. If you could write down 3 things that would be even better, but just one, in the beginning, will help you start to shift your mindset.
set huge goals
Goal setting is very important when you want to shift your mindset because it makes you stretch your imagination. You have to believe you can something that seems impossible.
Setting a huge goal will light a fire under you and get you working toward something bigger. Will you hit that goal this year? Maybe. If you don’t reach the huge goal though, you at least took action and made it one step closer.
One of my big money goals for 2019 is be earning $3,000 monthly from my blog / online business. Do you want to know how much I made in December 2018 when I made this goal? I made a whole $5 from an affiliate commission. That is right. My goal is to go from $5 monthly to $3,000 monthly with a fairly new blog in 12 months. This goal motivates me to work on my website and learn more about marketing. Will I reach the goal? I guess we will need to see as the year progresses!
Maybe your huge goal is to becoming debt free in 2019 or purchase a new house. Both of those goals are pretty big and not easy to accomplish. However, if you set your mind to it and allow it to light a fire under you, you will find a way to make it happen!
The impossible is possible.
When you take action to shift your money mindset something that seemed impossible just a few months ago may now seem like it is in reach. Creating a budget and changing your overall attitude toward money will have a profound impact on your daily life. It is small steps that make the biggest difference
I challenge you to take one of 5 suggestions above and start implementing it today. You will be surprised how your money views will change. Imagine what your life will be like if you implemented all 5 of these money mindset changes.