With all the uncertainty in the world right now, money is on everyones mind!
But simply budgeting, squeezing and managing as you go along may help you in the short term, but it won't change your Money Mindset for yours - and your family's - financial future.
So what is a Money Mindset?
A money mindset is the overriding attitude that you have about your finances. It drives how you make key financial decisions both in the long term and on a daily basis. And it can have a big impact on your ability to achieve your financial goals.
How can you Create an Abundant Money Mindset?
Creating an Abundant Money Mindset is easier than you think. It just takes a slightly different outlook on your financial situation, a bit of planning and the most important element - which a lot of people forget when they think about their own financial situation - contribution.
Here is my Simply 3 Step Approach to a More Abundant Money Mindset.
Step 1 - Re-align your money mindset
Most people live within their means. They design their finances to survive. To have enough to pay the bills and have some fun ‘if they’re lucky’.
The first step to creating a more abundant mindset is to admit what you actually want. What is the dream? To live a certain lifestyle? To save a certain amount? How much do you need to create you own version of abundance?
Sit down with your significant other and form a detailed vision of what it is you actually want. Now realign your finances to live to bring this within reach. Make this your focus, your aim, your joint dream.
Step 2 - Make a plan.
Once you know where you’re heading, make a plan to start you on the journey to getting there. Even baby steps will do, just make a start.
Once you give your brain an overarching goal, and start practicing your new money mindset, opportunities will naturally come and you start to see your own pathways appearing to get to your destination.
Step 3 - Contribute
On first thought, when you are trying to better your own financial situation, giving more seems counter-intuitive, but bear with me here!
By giving, you create a better understanding of what you have. You realise that your worst scenario can be someone else’s wildest dream.
I'm not talking simply giving all your savings to charity here, it could just be donating some of your time, once a month, to a good cause for people who aren't as lucky as you. The important thing here is to gain some perspective on your own situation and trying to better someone else's.
The thing with contributing in some way is that you get the feel good factor that you are doing something good whilst starting you on your own journey to having a more positive relationship with money.
The more money you have, the more you can help someone else, both in terms of finance and time, or however else you choose to contribute. The more you help, the more you feel that you deserve what you have. The more you feel like you deserve what you have, the more you want. And this becomes a good thing!
By eliminating the - all too common - belief that wanting more money is evil, the more your brain will help you create an abundance in your own life.
Do you want to know more about Life and Mindset Coaching with Jenni Donato? Why not join our private community 'More to Me than Mum'. The group is a positive and fun community for mothers wanting to rediscover their confidence, find their inner smile and start a new chapter of happiness and fulfillment in their life.
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