Having the right mindset is necessary to being financially successful. What shapes our wealth mindset? Our childhood and our past experiences shape how we see and manage money. Did you grow up with a lack of money? Did you see your parents struggle with money? These past experiences form how you currently think about money. If you are not where you want to be financially, maybe you should change your mindset?
Change your mindset
Acquiring wealth is just for “rich people”. I wish I could save a million dollars. The government is why I’m broke. All these self-talk sayings will keep you in the same place you are now. If you want to change your financial life as well as other areas of your life, you need to change your mindset. If what you are doing now isn’t working, then why not try something else? Hold yourself accountable and make a change. Framing your wealthy mindset will take work and consistency, but it is critical to be successful.
Growth
If we aren’t growing as humans, then what are we doing? Having a growth mindset can help you build self confidence and motivate you to achieve your very best. Changing your thoughts from “Only rich people can have a million dollars”, to “I can save a million dollars because I see the path” is life changing. I believe that a growth mindset is what everyone should have because of the effects it has on your daily life. Imagine getting to the end of your life and looking back and having regrets. I wish I could have saved for retirement, paid my house off early, or paid for my kid’s college. Don’t be satisfied with where you are now, grow!
Surround Yourself
It’s hard to be successful on your own. It takes a team to get you where you want to go. You need to surround yourself with the right people to help you achieve your wealth goals. You may need that person to keep you accountable when you want to make an impulse buy. You may want that positive person in your corner to keep you upbeat and confident. But what you don’t need is those negative people saying you can’t do this. There will always be those nay sayers, but its your job to only allow the right content into your mind. Don’t let people with dirty boots walk into your mind.
Dream
When is the last time you sat down after a long busy day and thought about where you want to be in the future? Do you see yourself retiring early and traveling the world? Do you see yourself starting that business that you are so deeply passionate about? Do you see yourself making that last payment to become completely debt free and not owning anyone anything? I believe that as we grow older and we settle into the daily grinds of life, we lose sight of who we are and what we want. We are consumed with paying the bills, growing in our job, making more money, finding a spouse, buying a house, and any other life pressure that you can think of. But do we every take the time to dream about what we want our life to look like? Do we every just take 30 minutes on a Friday night to just sit and talk about how we see our life and what it will take financially to achieve it? I think dreaming about how we want our lives to be is necessary in order to stay motivated and remind ourselves why we are doing this.
Action and Consistency
To be consistent is to do the same thing again and again. Once you figure out the blueprints of how to achieve your goals, then it is time for you to act. Without action, you will achieve nothing. Consistently doing the same positive action again and again will lead you to success. You will need to act in creating your budget. You will then need to be consistent in following it each month for you to achieve your goals. You can’t skip a month or choose to not follow your budget and expect to still be successful. The consistency is the separator. Don’t be average and ordinary.
Final Mindset
All of these concepts will help you create a new mindset on money. To acquire wealth, you first need to believe you can acquire wealth. Having confidence that your growth mindset will cut all negativity is imperative for being successful. Creating a circle of people that will hold you accountable as well as encourage you every step of the way is needed in this journey. As you dream about where you want to be, take consistent actions day in and day out to get to where you desire. Change your mindset, change your life.