Technological leaps in neuroscience have enabled us to look at the thought patterns of successful people and make some groundbreaking conclusions. Well, actually, John Assaraf did the research on how to gain financial freedom. Here are six things that he uses extensively to shift people towards a mindset of financial freedom.
If you have ever wanted to buy a house, start your own business, or even travel the world, the one thing that might be stalling you is a lack of money. However, with time and hard work you can gain financial freedom. It isn’t out of reach.
Top 5 Limiting Beliefs About Money (and How to Get Rid of Them)
They say money makes the world go round, so if you don’t have it, does your world stop? Not really. The #1 thing that will determine your financial success, is the mindset you have towards money.
Unfortunately, depending on how your parents viewed and handled money, you might’ve been instilled with limiting beliefs on how money is made.
Maybe now your money beliefs are empowering you to work hard to achieve financial freedom. But maybe there are still some limiting beliefs you have about money.
So ask yourself, what does money mean to you? Let’s discuss the top five limiting beliefs of money and how to get rid of them.
1. “I come from a working or middle-class family.”
Regardless of whether your parents worked full-time or only one parent worked, while another stayed at home to raise the kids, your financial success isn’t limited to your family’s financial past.
You are an independent person who can achieve any financial goals you put your mind to.
Replace this limiting belief with this new belief, “I am an independent person who can reach my unlimited earning potential.”
2. “I struggle with money management.”
This is one of the most common limiting beliefs that make everyone give up on making more money because it assumes that you can’t learn new things.
If you tend to spend money quickly, then start educating yourself about it. Create a budget for all the things you spend in a week and month. Then look back at it and see where you can spend less or even cut out for a few months.
Replace this limiting belief with this new money belief, “I am going to learn and be self-aware about money every day.”
3. “You have to work hard to get rich.”
People tend to think that rich people worked overtime for years before they became rich. While the truth is, you become wealthy by looking for smart ways to get rich. It all begins with changing your mindset towards money.
It’s not about looking for a high-paying job with a big payoff. But by understanding the path that successful people went through before they became wealthy.
Replace it with this supporting belief, “I am committed to becoming rich.”
4. “I don’t like selling or promoting.”
Becoming an affluent person doesn’t mean you have to become a salesperson. Many successful people do not come from a sales background.
Think of Bill Gates. His first job was as a computer programmer for TRW in high school. The point is that you don’t have to sell anything to become rich, you only have to be passionate about what you do and show it to the world.
Replace this limiting belief with this new way of thinking, “I am willing to promote myself.”
5. “I’m focused on boosting my working income.”
When you’re focused on only increasing how much money you make now, you aren’t looking towards the future.
Becoming rich requires planning and you need to pace yourself in order to stretch yourself even further. Think big like you’re a commodity, not just a worker.
Replace it with this new financial belief, “I’m focused on boosting my net worth.”