5 Mindset That Will Transform Your Finances

My experience in life and money taught me so much and if there’s one thing that’s so powerful about transforming our finances, that would be our mindset. We all see money in different light and use money in different ways. However, if we wish to become better individuals and become successful financially, we need to start at how we perceive money. When we see money in a better and more affirmative way, our finances also begin tracking the more positive path.

Over time, I’ve changed and adapted a couple of money mindsets and I can vouch on their positive impacts on my finances.

1.  I Don’t Have to Buy That

 When you try to dissect the things and experiences that are important to you and bring you happiness, you also start to realize that you don’t need everything this world has to offer. Maybe you value a trip to the beach more than getting booked on a luxury resort. Perhaps you’re content with a typical sedan than a shiny (and certainly more expensive) sports car. You don’t have to spend money on everything, but you can always place more value on things that truly matter to you.

2. Preparation Defeats Uncertainty

Life will always be unpredictable but you can always take precautionary measures to defy the uncertain, or at least soften the blow. Having an emergency fund, for example, ensures that your budget remains intact despite the occurrence of surprise expenses. Plan for the uncertain, budget funds for them, and you’ll sleep better at night knowing that you have the cushions in place.

3. Do What You Can Today

Money often works hand-in-hand with time. If you’re used to delaying things related to finances, it’s time to get a grasp now. The earlier you start funding your retirement, the more solid a nest egg you’ll end up with. Procrastination makes you miss out on the opportunities you have today so it’s better to take charge now than delay another minute.

4. Negative Thoughts Feed Negative Actions

The more you dwell on the negatives in your finances, the more you’ll end up losing. If you think you won’t be able to pay off your debts in this lifetime, your brain also tells you not to work harder or cut out expenses because the effort would be useless. However, if you think positively of your situation, you also begin to see that you actually have more than one solution to your problems. Your positive thoughts and actions conspire to create a better financial life.

5. There Are Opportunities Outside the Box

Your own box can be a very comfortable place to stay in. You know every corner and feel secured within its confines. Outside your box presents the unknown but you never know what opportunities you have out there unless you take a step out. Explore what’s beyond your horizon with courage, positive-thinking and calculated risks. There are many opportunities outside your box that may increase your income and expand your financial knowledge. The experience is also valuable in personal and financial growth.

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I think everything starts with our mindset and the rest fall into place. When we fuel our minds with motivation, affirmation and inspiration, our actions, habits and decisions also follow in harmony.

 

 

 

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5 Mindset That Will Transform Your Finances

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Evoni Seigler7 Comments