The secret of being a successful entrepreneur is creating a healthy relationship with money. Your money mindset is the foundation of your future.
There are two categories of money mindset. You either have a scarcity mindset or an abundance mindset. This spectrum of mindset was introduced by Stephen Covey in his international bestseller, “The Seven Habits of Highly Effective People.” A scarcity mindset is indicated if you have thoughts like: “money is hard” or “I don't have enough money” It shows up in your life if you live paycheck to paycheck, if you don't have savings, and if you feel guilty when you spend your money. On the other hand, if you have an abundant mindset or a healthy relationship with money then the type of beliefs you would have would be: “it is easy to save money”, “I have enough money”, and “it's easy to make money”. You would feel happy saving and spending your money and be satisfied with your financial position but have a growth focus.
You may be wondering, how do you transform your money mindset from a scarcity mindset into an abundance mindset? Here are the seven steps to transforming your money mindset:
If you are having trouble with your money mindset, then join our five-week Money Mindset Reset Program that includes some amazing wealth activation to radically change how you feel about money and how you think about money!