How To Adopt A Positive Money Mindset (2024)

A Mess Free Life may collect a share of sales or other compensation from the links on this page.

Your mindset around money and the role it has played in your life was handed down to you just like an inheritance; it was given to you by those who influenced you as a child. Maybe it was your parents, grandparents or another important figure. No matter who it was, we all have a money story that affects how much we make and keep each and every year. But it doesn’t have to be that way and YOU CAN change your money story.

I grew up in a household where I frequently heard, “We can’t afford it”, “Money doesn’t grow on trees!”, “I’m not made of money”, and my father’s favorite…”Don’t be afraid of hard work.” These statements had a direct impact on my ability to make and keep the kind of money that I wanted each and every year.

I hate to admit this, but I was once a naysayer when it came to the idea that how you think about money is important, if not the most important, part of personal finance. That was until I learned about the concept of a “positive money mindset” and quickly realized this was an integral component of the equation that leads one to a happier financial life.

Table of Contents

How To Adopt a Postive Money Mindset

How To Adopt A Positive Money Mindset (1)

Your money mindset is the feelings and thoughts you subconsciously develop towards money from your life experiences. Because our thoughts often control our actions, developing a negative money mindset can create a barrier between you and financial health. It can keep you in a place of stress and anxiety, and it can keep you from achieving financial goals.

But just because you’ve developed a negative money mindset or negative thought patterns around money, it doesn’t mean you have to stay there.

Recognizing Is The First Step

Step onealways seems to be the hardest, and this is no exception. Being self-aware enough to recognize any sabotaging thoughts is not easy, but without doing this, you won’t be able to improve your mindset. Some examples of common self-sabotaging, negative thoughts are:

  • I’ll never get out of debt
  • I don’t make enough to save
  • I’ll never be able to afford that
  • I’ll never make as much as so-and-so
  • I will never afford a nice home

Remember the scripts you uncovered in Day 4?

Forgive Yourself

We tend to be our own worst critic and for many people, making a financial mistake is something that we hold onto forever. But holding on to that negativity and beating yourself up for mistakes you’ve made in the past can keep you from moving forward. Maybe you’ve made some bad choices, spent too much money, or landed yourself in a heap of debt. Give yourself the permission to forgive yourself and look at these mistakes as learning opportunities. Know that no one is perfect and remember that what matters most is how you move forward from that mistake. Forgiving yourself – without forgetting the mistake – can help you appreciate and learn from past experiences.

Do you need to go back to yesterday’s lesson and do some more work? Did you forget to forgive yourself?

How To Adopt A Positive Money Mindset (2)

Use Mantras

Your mindset is the beliefs you hold as truth.

When you’re having a tough day, or you feel down in the dumps, you rely on your mindset to see you through. When you’re faced with a decision that will change the course of your life, it’s your mindset that helps you take action from a place of courage and make the right choice.

Which means it’s critical that you learn to release outdated ideas and notions about what it takes to succeed and instead, consistently imprint your subconscious with the thinking and beliefs proven to work.

It might seem a bit simplistic to you, but getting what you want out of life boils down to the moments when you either allow a negative mindset to take control or let a powerful mindset step in and push you forward even when you don’t feel like it.

One of the practices I learned many years ago and still use today is a simple but beautiful money mantra. When I part with money, I thank it (or bless it) and say – “There’s always more where that came from.”

Doing and saying this completely turned me around from a person who was always worried and stressed about money and fully embracing a scarcity mindset into a person who truly believes in her heart that there IS more where that came from.

I’m not here to tell you to use this mantra, but if you do, I’ve created a printable for you to print and carry with you or hang on your wall.
Nothing is stopping you from creating your own money mantra that if said with heartfelt intent could completely transform what you believe about your current financial circ*mstances.

I hope you’ll take the time to develop your own or use one of mine I created for you.

Here’s what to do:

Print out any of the affirmations from the Free Resource Library. You can print as many as you need.

Don’t have the code to access the library Sign up below and get instant access! I create new printables all the time!

How To Adopt A Positive Money Mindset (3)

Say with heartfelt intent.

Carry them with you and say them throughout the day.

Post them around your house to remind you to say your affirmations.

If you like, and it’s recommended, you can say multiple affirmations each day.

Watch your head catch up to your heart and see your money situation start to change simply by using these mantras. It is possible to turn your negative beliefs into a positive money mindset.
How To Adopt A Positive Money Mindset (4)

Rate this post

How To Adopt A Positive Money Mindset (2024)

FAQs

How To Adopt A Positive Money Mindset? ›

The two most important things to focus on are learning from your mistakes and forgiving yourself. You should also try to rephrase your thinking when it comes to the poor decisions you've made in the past. If you have debt, remember the dinners out with friends, remember the trips you took or the education you paid for.

How to have a positive mindset about money? ›

The two most important things to focus on are learning from your mistakes and forgiving yourself. You should also try to rephrase your thinking when it comes to the poor decisions you've made in the past. If you have debt, remember the dinners out with friends, remember the trips you took or the education you paid for.

How do you develop a wealth mindset? ›

6 pro tips to achieving the millionaire mindset
  1. Believe in yourself. The millionaire mindset isn't something you can follow for three days and then reap the benefits forever. ...
  2. Be respectful along the way. ...
  3. Turn “I can't” into “I will” ...
  4. Never trust luck. ...
  5. Think big! ...
  6. Keep love in mind.

How do you overcome money mindset? ›

How to shift your mindset about money
  1. Remind yourself that you're in control. ...
  2. Be willing to do the work. ...
  3. Acknowledge incremental progress. ...
  4. Commit to being successful. ...
  5. Express gratitude. ...
  6. Cut off negative self-talk before it spirals. ...
  7. Keep moving forward. ...
  8. Adopt an abundance mindset.

What is the correct principle to develop the right money mindset? ›

Living within a budget is one of the best means of changing your money mindset. When you set and follow a budget, you live within your means and avoid unnecessary expenses.

How can I use money positively? ›

Big Ideas Articles & More
  1. Spend money on experiences. ...
  2. Better yet, spend money on experiences you share with others. ...
  3. Spend money on other people. ...
  4. Spend money on the right people. ...
  5. Express your identity through spending.
Oct 4, 2016

What are the benefits of a positive money mindset? ›

A positive money mindset can lead to better financial decisions, a sense of abundance, and splendid financial success. By cultivating a positive money mindset, you can improve your financial well-being and achieve your financial needs. Let's start by reflecting on your current money mindset.

What are the 4 key things you need to build wealth? ›

However, if you focus on these four principles, you'll be in a much better financial situation by this time next year. If you want to build wealth, focus on creating a budget, paying off debt, living below your means and investing for the future.

What is a rich person's mindset? ›

Rich mindset seeks to build relationships based on trust, liking, shared values, and mutual respect. People with the rich mindset help others and cultivate relationships with no expectation of anything in return. Poor mindset thinks “I scratch your back, you scratch mine”.

What are the 5 steps to building wealth? ›

Follow these five steps to get started on your generational wealth building journey:
  • Step 1: Pay off Debts. Think of debt as missed opportunity. ...
  • Step 2: Buy a House. ...
  • Step 3: Start Long-term Investing. ...
  • Step 4: Put an Estate Plan in Place. ...
  • Step 5: Share Your Financial Wisdom.
Mar 19, 2024

What is the power of money mindset? ›

Money mindset refers to the attitudes, beliefs, and thoughts an individual has about money and wealth. It can significantly impact financial behaviours, decisions, and outcomes. A positive money mindset often leads to healthier financial habits and success, while a negative money mindset can hinder financial progress.

How do I change my life financially? ›

These 8 simple steps can help better your finances in less than a...
  1. Start an emergency fund. Time to open a savings account: 15 minutes. ...
  2. Use a budgeting app. ...
  3. Check your credit score. ...
  4. Set goals. ...
  5. Automate your savings. ...
  6. Contribute to your retirement account. ...
  7. Start using your credit card like a debit card. ...
  8. Begin investing.

How to change financial behavior? ›

5 Techniques to Change Financial Behaviors
  1. Prompt yourself at the point of decision-making. ...
  2. Identify your incentive to change your financial behavior. ...
  3. Compete with a friend to see who can reduce your spending first. ...
  4. Alter your default choice. ...
  5. Self-monitor with a debt reduction thermometer.

How to behave like a rich person? ›

Now, let's give those people some good material for creating your short description.
  1. Always dress well. You don't need to spend a fortune on designer clothing. ...
  2. Accessories get noticed. Years ago, I read about a co*cktail lounge in the Far East. ...
  3. Don't be selling. ...
  4. Treat absolutely everyone with respect. ...
  5. Always be upbeat.
May 14, 2019

What is one simple rule to follow if you want to create wealth? ›

Never Spend More Than What You Earn

If you spend more than what you earn, you will never be able to start on your wealth creation journey.

What is the principle of value for money? ›

Value for money requires that organisational systems are proportional to the capacity and need to manage results and/or deliver better outcomes and be calibrated to maximise efficiency. An ongoing commitment to business process reforms to eliminate inefficiencies and duplication will help achieve this.

What is the correct concept of money? ›

Money is any object that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally, a standard of deferred payment.

What is the principle of money in economics? ›

Money serves three basic functions. By definition, it is a medium of exchange. It also serves as a unit of account and as a store of value—as the “mack” did in Lompoc.

Top Articles
Latest Posts
Article information

Author: Zonia Mosciski DO

Last Updated:

Views: 5615

Rating: 4 / 5 (51 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Zonia Mosciski DO

Birthday: 1996-05-16

Address: Suite 228 919 Deana Ford, Lake Meridithberg, NE 60017-4257

Phone: +2613987384138

Job: Chief Retail Officer

Hobby: Tai chi, Dowsing, Poi, Letterboxing, Watching movies, Video gaming, Singing

Introduction: My name is Zonia Mosciski DO, I am a enchanting, joyous, lovely, successful, hilarious, tender, outstanding person who loves writing and wants to share my knowledge and understanding with you.