How do you create a positive money mindset in 2024

A lot of us have a mixed relationship with money. While nobody hates money, their beliefs block it from coming into their lives. 

Whenever you see a branded thing or a new release of an iPhone, you want to purchase it immediately, but then you have a thought like, “Hey, I don’t have enough to afford this!” While this is your logical mind responding to your current circumstances, you mustn’t think enough of negative thoughts that block your receiving energy but have a positive attitude that says yes, you can afford that too!

Instead of having that lack, harmful, or greedy attitude towards money, you can empower yourself and achieve more than you think of by having the right money mindset.

By working on your limiting beliefs revolving around money, letting go of your money mistakes, and using money as a powerful tool, you can transform your life from rags to riches, and if not, at least you won’t have to be a victim in the area of money in your life.

So let’s get started! 

Why does having a good money mindset matter?

Having a positive attitude toward money is essential for attaining financial success. How you view and feel about money shapes your financial decisions, and this is referred to as a money mindset.

Your financial habits—saving and spending—reflect your mentality. It could change as you become older, wiser, and more knowledgeable in light of your prior financial mistakes.

Do you have a good money mindset or a bad one?

As said above, how you view and think about money reflects your mindset. 

If you are constantly stressed about how every single penny in your bank account is getting spent, and you only rely on your 9-5 job to survive and live, it shows you have a negative mindset.

On the other hand, if you know you can spend wisely and still be able to have enough money, or you feel optimistic that money can come from anywhere in your life, then it means you have a good or positive money mindset. 

Hence, changing your mindset and aligning yourself with the energy of money can get you out of your stuck and entrapped financial situation. 

What influences the money mindset?

Believe it or not, what we hear and see related to money matters and shapes our thoughts and feelings related to money. 

Since everyone is vulnerable to influence, it’s wise to be aware of your position on significant matters such as finances, ideals, core values, boundaries, etc., so you don’t become a victim.

Our attitude towards money is often ingrained in our childhood. They shape us through a complicated network of factors, including the messages we learn in school, the unstated expectations of society, and the voices of our parents and peers. Our attitudes toward money might be unintentionally shaped by these outside factors, giving the impression that they are set in stone.

However, you can’t just completely give in to these beliefs, as the power to change your life lies in your hands. No matter how difficult the circumstances may seem or how challenging your situation is. 

Even if early influences are strong, they are not permanent. We can change our financial thinking by deliberate effort and thoughtful contemplation. We may confront limiting ideas, swap out negative stories for positive ones, and form new money habits consistent with our objectives and values.

Steps to overcome your limiting beliefs around money

Before we dive deep into the steps to help you eliminate your money-limiting beliefs. 

1. Write them down: I want you to give an exercise. Take a sheet and a pen and write down your beliefs about money. To help you get started, you can write anything related to:

• No matter how hard I work, it is difficult to earn money nowadays.
• Money goes out of my life very quickly.
• I need to find a way to afford the new release of the iPhone.
• I only get bills and EMI debts in my mail and never random checks.
• Everybody in my office is earning more than me.
• I do not know how to ask for an appraisal

Whatever your negative or limiting beliefs are around money, you must write them down. In this way, you will become aware of those if you have any.  

         2. Challenge your negative beliefs: Once you identify with your negative thoughts about money, it’s time to challenge them. 

• Ask yourself why you are feeling this way. Dig deep until you find out that it’s just a childhood belief you heard from someone.
• Seek out examples that contradict your views. Do you know somebody who has succeeded financially and who comes from a similar background?
• Now, change your limiting beliefs with the ones that are empowering. Instead of saying, “I cannot afford this,” shift to saying, “I can afford anything I put my eyes on.” Even if it seems invalid initially, continue saying that and feel good about this positive reinforcement.

        3. Develop a positive money mindset- It’s time you come out of your victim mentality and develop a positive money mindset. You can easily overcome your financially limiting beliefs and gain freedom once you are ready to educate yourself and take action.

Let’s learn some additional tips to help you attract more money and abundance into your life– thereby creating a positive money mindset in 2024.

Tips to attract more money and abundance into your life in 2024

1. Read money-related books: Take as much information as possible from wealthy investors and experienced business owners. Pick books that suit your learning style and objectives.
2. Listen to guided money meditations: Make it a habit of listening to guided money meditations if you are not able to stay calm and positive over any unwanted financial situation. These guided meditations can help you stay calm and rebuild positive enforcement in your mind. 
3. Stay away from complaining and negative people: Avoid negativity by not gossiping, whining, or socializing with others with a scarcity mentality. Be in the company of positive, encouraging people who inspire you to realize your most significant potential.
4. Set powerful goals: Don’t just hope for prosperity—specify it! For every area of your financial life, set SMART goals—Specific, Measurable, Achievable, Relevant, and Time-bound. Divide big objectives into manageable segments to ensure daily advancement.
5. Invest in yourself: Acquiring new abilities and information is a wise financial decision. By enrolling in classes, reading trade journals, or going to workshops, you can increase your earning potential.
6. Expand your income: Don’t depend just on your pay. Investigate side projects, and passive income sources, or even launch your own company. Having a variety of sources of income allows you to have more abundance and provides a safety net.

Final Takeaway

You must always remember that creating abundance is a process rather than a final goal. By embracing the learning process, celebrating your accomplishments, and believing that you will be wealthy in whatever you do, think, or be in 2024 and beyond, you will attract wealth in all its forms.

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