90: Mastering Your Money Mindset

Everyone has Limiting Beliefs about Money In all honesty, every single one of us has some type of limiting belief about money.   And most of them were formed during our childhood – before the age of 8 to be exact! Ever heard your parents or other people say these phrases: “Money is the root of all evil.” “Money does not by happiness.” “The more money you have, the more problems you have.” If your childhood was anything like mine, you heard these ‘limiting belief statements’ as well. And once these false beliefs are part of your mindset, success will always be an uphill battle!   My Own Journey… and How Important it is to Have Self Worth Growing up I barely saw my dad because of his work schedule. I formed this belief that making money is difficult and in order to be successful you have to be willing to sacrifice your personal life and family. And during school shopping days I remember my mom would say, “What?!!  Do you think we’re rich?” These words greatly impacted my self-worth. It made me felt wrong to want nice things and that I wasn’t worthy of them. But you know what?  Your self-worth will build your net worth. The moment that I established my own self-worth, I also started to master my mindset around money.   5 Steps to Overcoming Your Limiting Beliefs About Money In this podcast, I teach you the 5 steps you need to take to master your own money mindset.   Identify your limiting beliefs around money Change your thoughts and be responsible for your thoughts Change that way you talk about money Change your beliefs Reprogramming your mindset, and replace those limiting beliefs Click HERE to download the 5 Steps to Master Your Money Mindset worksheet! Again, change will not happen overnight. This may take a while but I know you can do it. Episode Quotes The three keywords are… “what something means.” “Having limiting beliefs around money and success are like trying to drive a car with the parking brake on all the time.” "Your self-worth will build your net worth." “Your beliefs will always rise to the surface at some point.  It’s not what you SAY, it’s what you truly BELIEVE to be true that will ultimately rule.”   Listen to Learn 00:03 Episode Intro 00:55 Common limiting beliefs around money 03:04 What is a limiting belief? 05:40 My personal journey with money and these limiting beliefs 17:07 Understanding the importance of self worth 20:50 Confirmation bias 24:50 Overcoming your limiting beliefs 25:20 Step #1: Identify your limiting beliefs around money 28:42 Step #2: Change your thoughts, be responsible for your thoughts 29:25 Step #3: Change the way you talk about money 30:51 Step #4: Change your beliefs 32:02 Step #5: Reprogramming your brain 40:44 End notes