Limiting beliefs about money,

Understanding money and its workings and, more importantly, understanding the need for money in a global society changed my life. 

WHY? 

Once you understand the need for money, you can start to remove the limiting beliefs that you may have about it, and then you can set up systems and processes that allow it to flow freely to you. 

Let's cover some limiting beliefs that may be holding you back.


LIMITING BELIEFS ABOUT MONEY AND WHAT THEY MEAN

Money is the route of all evil

>>>

Money is a thing; it's not good or bad; we incorrectly project our thoughts about the world onto it.

Money is “hard” to obtain

>>>

Says who? Perhaps you lack experience of where it has been easy.

You need to be frugal to have more money

>>>

holding something too tightly doesn’t give it room to grow.

You’re selfish if you want to make a lot of money

>>>

there's nothing wrong with wanting the best for yourself and your family, ‘put your oxygen mask on first, then help others.’

Money Doesn’t Buy Happiness

>>>

Rich people know this: having money just solves all your money problems.

Money doesn't grow on trees

>>>

Sure, but you can set up businesses with products and services (positive sum) or play complex games with others (negative sum) in competing for money to receive it.

I don’t deserve a lot of money

>>>

Who told you that? Why is one person more deserving than another? They’re not; we should all have equal opportunity.

You need to have money to make money.

>>>

Worst saying ever: you can start a business for next to nothing, and a lemonade stand outside your house is virtually free.

Having more money means I’ll have more problems

>>>

Not necessarily? To the extent that you have more opportunities in the world, you will have an equal challenge. Its a balance.

If I have too much money, I’ll lose my values

>>>

Money doesn’t make you lose your values; it is just a thing, the person determines their values, they are separate.

I can’t love my career and make a lot of money

>>>

Why not? Says who? Who told you that? Does this belief serve you?

I’ll never have enough money

>>>

You won't if you keep saying that. Words are magic, careful what you say to yourself, your subconscious doesn’t know the difference.

My family has always been poor

>>>

It doesn’t mean you have to be; choose what you want from your own life and go after it.

Let's take the two most prevalent limiting beliefs and examine them briefly.

Money is the route of all evil.

While it is true that money is used for evil, it is also used for good. 

Money is neutral; it does not have good or bad characteristics. 

It’s what you do with it or for it that counts.



Money Doesn’t Buy Happiness

While it’s true that money doesn’t buy happiness, it can purchase resources and opportunities to make your life easier and build a good life for yourself and others. 

A lot of unhappiness and struggle can come from a lack of money.

Lesson Summary

Limiting beliefs about money can significantly impact our financial well-being. Understanding money's role in society and challenging these beliefs can lead to a more prosperous life:

• Money is neutral, not inherently good or evil.
• Believing money is hard to obtain limits opportunities.
• Being frugal doesn't always lead to more money.
• Wanting financial success isn't selfish; it's self-preservation.
• Money solves money problems and enhances well-being.
• Creating value or playing the economic game can lead to wealth.
• Everyone deserves financial success and equal opportunities.
• Starting a business or earning money doesn't always require capital.
• More money brings more opportunities and challenges, not just problems.
• Personal values are separate from financial status.
• Loving your career and earning well are not mutually exclusive.
• Positive affirmations influence financial outcomes.
• Past financial situations don't dictate future success.

Two common limiting beliefs debunked:

• Money is neutral; its usage defines its impact—neither inherently good nor evil.
• While money doesn't equate to happiness, it provides resources and opportunities for a better life.