Money. I’ll say it again. Money. When you hear the word “money” or indeed, read it on a page or screen in front of you, what type of feeling does it evoke?
Do you get a tingle of pleasure, with a surety in your financial freedom, or do you shrink away from the notion with a sense of impending doom?
The reason I ask is because your relationship with money is very telling when it comes to how much you’ll stand to accumulate in your lifetime. Why? Because, how you think about money will determine whether you’ll be open to attracting it in abundance, or whether you’ll avoid it out of a misplaced sense of fear and a scarcity mindset.
Woo Woo
A lot of people consider things like mindset theory to be some type of ‘hippie woo woo’. Often these people don’t themselves, have a lot of money mind you.
But if you look at successful people, one of the main character traits that differentiates them from those who live on Struggle Street is their ‘tude. That’s short for attitude of course.
It all goes back to the old adage of ‘money begets money’. While that statement seems far too simple to be true, it’s actually a fairly accurate sentiment.
Not all the time I might add. Some of those who ‘luck’ into money (the 0.001% of the world’s population I’m guessing) will never know how to hang onto a windfall, let alone attract more.
But by and large, when you have money and are not afraid of losing it, because you know you can always make more, because you’re worthy of it – as you’ve already affirmed by making so much of it – and because you’re not living in a scarcity mindset, you’re far more likely to continue on a path of prosperity.
In giving is the act of receiving
The other intriguing thing about abundance versus scarcity mindset is the person’s capacity and willingness to give freely of themselves for the betterment of others, and the world around them.
How many people living on the poverty line and fearful of their financial situation do you see making donations of time, energy or money to enhance their community? The answer is of course, few and far between.
And that’s not a reflection on their character; rather it’s an issue of pragmatism. When you yourself have little resource at hand, it’s difficult to divide up nothing among others.
On the flipside, when you feel you have more than enough for your needs and wants in life, you should be happy to share that good fortune with your friends, family and broader community.
Think of it as an investment. For one, you’re sending a clear message to the Universe (woo woo I know!), that you believe you’re worthy of greater abundance. That you understand you’re only limited by your beliefs about where your limitations lie and that you can always replenish your stores.
Furthermore, you’re creating a more abundant mindset in others, which is a sure-fire way that we can make our world a better place for future generations.
So let me ask you…what’s not to love about an abundance mindset? Do you hold an abundance mindset in truth, or could your perceptions of money and your worthiness use a bit of gentle work?
Are you ready to open yourself up fully to the limitless possibilities of allowing and accepting abundance into your life? Yes? Then let’s explore 7 ways you can kick-start the process today!
1. Take a chance
People who live in scarcity and fear are often unwilling to put themselves out there or put something on the line to potentially improve their lot in life. They’ll trot out hundreds of reasons why they can’t do something, procrastinating on a decision or action that requires their attention as fear keeps them hostage in their head.
Don’t get stuck here! Push through the pain barrier and recognise that truly incredible moments await right beyond that wall of fear!
2. Face your fears
On a similar note, you need to challenge yourself and face your fears in order to overcome them. When you feel a level of discomfort around a large financial decision, and you allow that feeling to influence your decision making process, you’re coming from a scarcity mindset.
You’re also allowing that fear to fester in the background, until it eventually becomes a part of your limiting beliefs that keep you feeling unworthy of abundance.
When you face the fear however, and see the rewards that lie beyond, you’ll start to address more of your concerns head on and see your life shift in interesting ways.
3. Invest in yourself!
This is a massive game changer! People often talk about mentors, accepting that they need to follow in the successful footsteps of a predecessor who’s achieved the kind of greatness they themselves aspire to.
But if you suggest they need to pay that mentor for their very valuable advice on how to emulate their journey and achieve personal financial freedom in the same vein, they’ll shirk away mumbling complaints about people trying to rip them off!
The fact is, your idols didn’t get rich by giving away their value offering…and neither should you! When you’re prepared to invest in yourself, it demonstrates your own degree of self worth and how much importance you place on your personal success.
4. Take imperfect action!
When you’re not as afraid of what’s around the corner because you believe in your capacity to continue moving toward greater abundance, you’re more likely to take decisive action.
Action is what distinguishes the do-ers from the dreamers. Don’t get me wrong, you need the dream to fuel the action, but the dream without action is just something that might have been…
When you’re no longer fearful, you’re more likely to leap into action! And action is the enemy of fear!
5. Show gratitude!
You can never come from an abundance mindset in truth when you feel like you haven’t got enough right at this very moment. Most of us walk around thinking about all the things we can’t or don’t have, instead of counting our blessings for what we do.
The fact is, those of us who can provide a relative level of comfort to our families in the form of shelter, clothing and food generally live like royalty. We have so much already, yet we’re taught to always want more.
When you begin to acknowledge how much you already have, and how abundantly full your life is right at this moment, that gratitude changes your attitude! And is a sure way to shift from thinking about what you don’t have, to what you do have.
6. Be you!
Often we see others achieving what we aspire to and become bitter about it. Why them? What do they have that I don’t? Why are they breaking through to success and I’m still stuck in this job/relationship/situation I hate?
Then the comparisons begin in earnest and you suddenly lose your own direction entirely.
Being consciously aware of the world you create for yourself and assuming full responsibility to shine as bright as you can in your own life, rather than wondering what others are doing to eclipse your star, makes all the difference to success.
7. Say it out loud!
Affirmations are amazing! If you’re not telling yourself what you want and keeping those hopes and dreams alive, whilst taking decisive action, then how do you know where you’re heading?
Start with the basics, something like, “I am worthy of extreme wealth and abundance in my life. I am deserving of happiness and love.”
And then get really specific about visualising the life you want for yourself and your loved ones and how you aim to get there!
Finally, if you feel a bit uncomfortable about getting all ‘woo woo’ with me on this one, perhaps you need to ask yourself why…are you fully open to your personal abundance and success? Or is that little niggling ‘fear gremlin’ holding you back?
About the Author
Since 2008, David Thomas has built a business aimed at servicing the needs of property investors, owner occupiers and small business owners. David is recognised as one of the top 10 independent mortgage brokerages in the country, David and his team have settled almost billions of dollars worth of residential and investment loans over the last decade.
Known for his straightforward, relatable style, David believes by educating people about property funding; they fare better in the market. By sharing his expertise openly, some of the people he educates will likely become his clients. It's a win-win approach.
David Thomas is a credit representative (Representative Number 506153) of BLSSA Pty Ltd, ACN 117 651 760 (Australian Credit Licence 391237).