• What Do You Really Think About Money?

  • Apr 19 2022
  • Length: 10 mins
  • Podcast
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What Do You Really Think About Money?

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  • Summary

  • What Do You Really Think About Money?

    Do you have a positive or negative money mindset and how does this influence your financial life?

    Your money mindset is a major predictor of your actions, and, ultimately therefore, your financial success. Limiting beliefs around money are major obstacles to creating financial success, so aim to maintain a positive outlook toward money.

    Negative money mindset traits include:

    • Fear and anxiety
    • Feelings of a lack of control
    • Negativity around the very concept of money
    • Feeling intimidated by difficult financial concepts
    • Defeatism ("I'll never be good at this")
    • Procrastination ("I'll get to it one day")

    Whereas positive or empowering money mindset traits include:

    • A willingness to learn and take on challenges
    • Feeling in control of behaviour and decisions
    • General optimism, even in the face of uncertainty
    • Openness to learning new things
    • Solution-oriented attitude
    • Acknowledgement of incremental progress

    This episode suggests 8 ways to improve our money mindset including expressing gratitude, cutting off negative self-talk and keep moving forward.

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