What Do You Really Think About Money‪?‬ Fearless Finance

What Do You Really Think About Money?
Do you have a positive or negative money mindset and how does this influence your financial life?

Your money mindset is a major predictor of your actions, and, ultimately therefore, your financial success. Limiting beliefs around money are major obstacles to creating financial success, so aim to maintain a positive outlook toward money.

Negative money mindset traits include:


Fear and anxiety
Feelings of a lack of control
Negativity around the very concept of money
Feeling intimidated by difficult financial concepts
Defeatism ("I'll never be good at this")
Procrastination ("I'll get to it one day")

Whereas positive or empowering money mindset traits include:


A willingness to learn and take on challenges
Feeling in control of behaviour and decisions
General optimism, even in the face of uncertainty
Openness to learning new things
Solution-oriented attitude
Acknowledgement of incremental progress

This episode suggests 8 ways to improve our money mindset including expressing gratitude, cutting off negative self-talk and keep moving forward.

If you enjoyed this episode please leave a review and share with a friend