Episode 029 – Money Mindset.
Glorious money it haunts many in their dreams, but what you may not realise is that you could be subconsciously repelling money and success, today I want to take a look at a few factors and how you can become a money magnet!
Your money mindset is worth understanding and investing in pronto! Whether you believe in it or not, everyone has a money story. A set of beliefs, life experiences and drummed in thoughts about how money should and should not exist in your life.
Understanding your beliefs
These thoughts shape your behaviour and choices unconsciously every second of your life. Its worth understanding that many of the decisions that we make as humans are unconscious and this is because we are hit with millions of pieces of information a second. Our brains have adapted and learnt patterns to respond to different events in our life. Your money story is no different, from the information that you learnt as a child, to events that have happened to friends or relatives, life happens and we learn pretty quickly what to keep away from us and what to bring near, even if the stories are untrue. This is the first point to understand, that many of the stories that you hold in your internal dialogue are untrue or do not serve you now in life. Many things happen to us during our life, and we can only make sense of these events with the previous thoughts and beliefs that we have learnt, or as I like to call it your toolbox. You can only fix something with the tools you have, and the mind is exactly the same.
This is where many new and old entrepreneurs get stuck, with thoughts that money doesn’t grow on trees, gosh if I had a dollar every time my mother said that to me I would be a millionaire! Did you hear things like, money is evil, money creates drama, you are not worth that, no one will pay you that, the list goes on and on! I could spend hours talking about all the past thoughts, and its not just directly related to money, but not feeling worthy, seen, heard ripples through to all the facets of your life. Your money thoughts are literally echoing your internal thoughts of yourself. When you feel like there is never enough, or you are holding so tightly onto what you have then this is all part of a scarcity mindset, where in your mind it will never be enough.
So lets talk about the opposite now, and how to cultivate a money mindset for success. This is a process of rewiring your brains thoughts on money, it will take time, but from personal experience I can promise you with every fibre of my being that it will change your life. I made this a priority in my life years ago, reading books like Think and Grow Rich, Secrets of the Millionaire Mind and taking many courses, with my favourite being the Money Bootcamp with Denise Duffield Thomas. I have made a project of myself to earn the money that I deserve. I will have a list of recommended reading in todays shownotes on the website.
What I am trying to say here is that it is a journey, you cant get unstuck in 5 min, it took 30, 40, 50 years to get you where you are right now, its not going to take you that long to get unstuck but be patient and do the work! I love the saying that comparison is the thief of joy and comparing yourself to others is the quickest way to stay in a scarcity mindset. Money is very personal and should be kept that way. My first reason is because what is right for you and makes you happy might not be right for the next person. I cant tell you how many people I have worked with that had 5, 6, 7 credit cards racked up to the hilt, driving cars they leased, homes on the brink of mortgage collapse all because they were trying to impress people who really didn’t matter. Do not compare yourself to family, friends, colleagues and strangers full stop. You have no idea what its like to live a minute in their shoes.
An abundant mindset always believes no matter the situation that there is enough, and that there will always be enough in the future. Enough clients, money, and opportunities, there is an unshakable belief in every fibre of their being. Realistically money is nothing more than energy, it’s the exchange of one services for another. Money is not good nor is it bad, but it’s the story we give it as humans that seems to dictate to us how we are going to feel about it. You receive money into your world when you can identify something that someone wants and is ultimately willing to pay for it. I read a great analogy recently and it was about stock piling air. We trust that there is always going to be a supply of air so we are not finding new ways to try and store it. For me its not something I ever really consider because I always know there is going to be air. So why are we so panicked and tortured over money, when in reality there is more than enough to go round. We just need to find the right energetic exchange with one or many people to create the abundance we are looking for. Money is circulating every single day on this planet, people receive and people give it.
Yes, it’s a simplistic way of looking at the problem, but its true. We seem to make the whole money story so complicated, and convoluted. We worship it and store it but we don’t do this with air, we cant live without that either! Flip your thoughts, take a long hard look at your beliefs around money and if they are holding you back. Money does not make people evil or rude, people allow their egos to take over and make themselves evil and rude.
Emotional Freedom Technique
These thought processes and the situation you find yourself in is due to patterns that are so deeply buried inside you that most of the time you don’t even realise! Its not your fault, and you can change it with a process called Emotional Freedom Technique or Tapping. This technique is backed by countless studies and research, which as you know I just love. The Chinese discovered that by stimulating these meridians they could heal the human body. Instead of using needles, simple tapping with the fingertips is used on specific meridians on the upper body while focussing on a specific problem – whether it’s a specific event, a physical pain or a specific issue etc. While tapping you speak the negative emotions you are feeling about your problem, then switch to positive affirmations.
The combination of tapping on the energy meridians while speaking out how you are feeling works to clear the emotional block from your body’s energy system. This will help to restore your body’s healing ability which is essential for optimal health and wellbeing. As the human body is a mass of electrical circuits, imagine Tapping is like repairing a short-circuit in your body.
The unique thing about Tapping is that its accessible to you, every day, all day. Since you apply the technique to your own body, the power to heal you is back in your own hands. You are in control. This really excites me, that you are in control, you don’t need to pay anyone, or have appointments with anyone, just you and your thoughts, changing your world.
Jump onto the net and type in EFT for money attraction, there are so many free training courses and videos that you can watch to help you understand how to do this for yourself! I personally swear by it, and one of my favourite youtube videos come from a gentlemen called Brad Yates or Tap with Brad, he covers off so many different issues that we face in our life! But there are many practitioners that you can connect with, I have a list of the links to all the associations and YouTube channels that I love!
Take this very seriously everyone, your money mindset is an element of your business that you need to sort out quickly. Mindset in general accounts for 80% of business success and having your mind in the right place about money is your express pass to getting what you need and want out of your business. It won’t happen overnight, so work diligently at it and as we come to the end of this podcast remember, your smallest actions will create your greatest reality.
Great books to read:
Emotional Freedom Technique or Tapping head to:
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Meet Your Host
From a young age I have been surrounded by business success. Having formally studied a Double Degree of Bachelor of Commerce and a Bachelor of Management, this led to many successful opportunities.
I have been an employee for large accounting firms and international companies. I have run two highly successful businesses, becoming sought after in my industry internationally.
I have spoken nationally on the topic of money management and loved having the quiet coffee making radical changes for my clients. I am not a limelight chaser, just a quiet achiever looking to make a difference in the world.
Thankyou for joining me on the podcast, my dream is to inspire you to take action that will create a difference in your life! Dream no more and live the life that you have always wanted.