If Your Bank Account Could Smile: The Benefits Of Growing Your Money Mindset
If Your Bank Account Could Smile: The Benefits of Improving Your Money Mindset
When I started on my journey to improving my finances I had literally NO idea that my thoughts, feelings and emotions about money (my money mindset) was impacting my money habits and creating my empty bank account.
In my experience not much has changed. There are still many people who don’t know that they have a scarcity mindset (thoughts about not having enough money / time) and that they have the ability to grow an abundant mindset. If your bank account could smile, here’s the reasons why it would thank you for growing your money mindset:
1. More Confidence And Gratitude
When you know that you can change and grow your money mindset, you make financial decisions from a place of certainty, confidence and gratitude rather than fear and scarcity. You feel grateful for the life events that you’ve experienced, even when they’ve had big negative financial consequences because you know that life doesn’t happen to you but for you. That every life event (even if it’s painful) is a lesson from which you can grow and make different choices. This confidence empowers you from the inside to create your life based on your values, rather than searching for the feeling from what you consume
2. Less Financial Stress
Debt is a significant source of stress for many people, I remember it well! A healthier money mindset helps you reduce your stress and overwhelm and be more resilient in the face of events that impact your finances (redundancy, illness). Having an abundant mindset gives you a sense of control and optimism about your financial future, even when you can’t see exactly how things are going to work out.
3. More Excitement, Less Motivation
Your mindset shapes your motivation and habits. When you understand how your brain and body work together (your neuro-spiciness) then you stop fighting yourself and trying to be like everyone else. Learning and accepting who you are and what makes you special, means that your mind and body aren’t generating stress and overwhelm. Instead you’re excited and passionate because you want to share your gifts and that change in drive means you’re not pushing yourself to be motivated, your intrinsic excitement helps you build financial habits with ease.
4. Use Your R.A.S To Bring You More Opportunities
If you’ve ever thought the Law of Attraction sounded too woowoo for you, there is some practical neuroscience here. When you get clear on what you want and use visualisation techniques to see yourself achieving the result you want, you’re activating your Reticular Activating System. Ever bought a car thinking it was unique and then after you bought it found lots of people had the same car? That’s your RAS; a bunch of neurons that act as a filter to what you experience. Activating your RAS increases your ability to see the opportunities, interactions and people all around you, waiting for you to take action and make more money.
5. Become More
Ever had the thought that “there must be more than this”? (Or is it just me?) Understanding that you can grow your money mindset means that there are no limits on your goal setting and wealth achievement. It’s simply a case of upgrading your beliefs and identity so that you move towards becoming the wealthy person you want to be. Believing that you can achieve your financial goals encourages you to set more ambitious targets which boosts your overall sense of accomplishment, purpose and self esteem. So the answer is “Yes there is more”!
6. Healthier Relationships
Money is the biggest issue that couples argue over. Growing your money mindset can lead to more open and constructive conversations with partners, family, and friends. When you have an abundant mindset, you won’t be pulled into other people’s scarcity thinking. You’re more able to stay in your power, ask for what you want, listen to other people’s needs and compromise. Meaning you’re building stronger and more resilient relationships with those you love.
7. More choices
Ultimately, a positive money mindset can pave the way to having more choices in life. Whether that’s wanting a better retirement, upgrading your children’s education or being able to leave an abusive marriage. By bringing unconscious beliefs and money blocks into awareness you let go of the fear that there isn’t enough, enabling you to take more confident and focused action-taking towards your dreams. Becoming more abundant in your thinking, means you get to make more choices about how you can live life on your terms.
Conclusion
Growing your money mindset and cultivating a positive, proactive and abundant approach to money isn’t something only certain people can do. If you’d like to experience less stress, develop better habits with money or just want to upgrade your financial life, then book a free Curiosity Call and let’s talk https://serve.heartleader.uk/widget/bookings/30-min-curiosity-call.
Carolyn Whitehouse is a Money Mindset Psychologist and Speaker who over the last 10 years has mentored sensitive and neuro-spicy business owners to understand and grow their personal Money Mindset. Carolyn’s unique Abundance Activator Programme brings confidence and clarity to their money mindset, enabling them to let go of self-doubt, charge their worth and achieve higher levels of success. The best place to find her is on LinkedIn.
