LEONOR HERRERA

Aside from feeling as if you’re taking money from other people who may deserve it more, if you have a problem with limiting beliefs you may also think that it’s wrong to earn money when you didn’t work hard for it. That’s another severely limiting mindset that you can break through. The fact is, some of the least taxing work earns the most money. Think about inheritances and interest on investments and savings.

When you have this limiting belief, you will find that you feel guilty if you outsource work to someone and earn off their labor. You feel guilty if you hire a housekeeper to clean up after you and your family. You feel guilty when you pay your affiliates 20,000 dollars but you get to keep 20,000 too for doing “nothing.”

The problem here is that you’ve judged work by its intensity. You think the harder you work, the more you deserve. While that seems logical, it’s not true. You don’t have enough pride in the work that you do, especially when that work is not tangible and is mo...

The very best way to change your mindset about anything is to read books, listen to Podcasts, watch YouTube videos, and educate yourself about the topic fully. Read the things you think you disagree with.

Look at their references. Look at the facts from both sides and especially from the side of successful people that you would like to emulate. Understand why you may have been taught something so erroneous and learn the truth from studying successful people that you can feel good emulating.

Read books that feature people you admire who have achieved what you want to achieve and who come from similar or harsher backgrounds. This is going to help you learn the steps they took to overcome their own blocks to finally experience success. Read books about investing, business finance, and more. The more you can surround yourself with financial books that show you the way to success, the better.

Listen to Podcasts about people’s stories from rags to riches. Those are always fascinating beca...

Spending a lifetime learning about scarcity from every single teacher, from your math teacher to your social studies teacher, it’s hard to rid your mind of that lesson to overcome the blocks this can put in your way.

Scarcity involves the idea that there is a shortage of something. It could be anything from food to water to money. It involves the idea that when it comes to some things, some people will get a lot and some people will get less or nothing. You were taught it throughout your education that some things were finite, and that list included gold, diamonds, money, food, water, and land. All these things can easily be seen as limited, especially land, which helps further the myth of scarcity.

First, the truth is, for the most part, scarcity isn’t true. It may be true that there are fresh, clean drinking water shortages in places, but most of the time there is still a solution to that water shortage if only we have the will to find the solution and to implement it – such as how...

One way to mitigate poor financial decisions is to put together a team. There is no one on this earth who can know and do everything themselves. When you stay educated, but also hire a team to help you make good decisions, it makes it easier for you to break through almost any financial mindset blockers with their help.

Banker

A good banker can help you with all sorts of information that you may need for your decision-making process. You need a bank that works with the type of business you are in the way you need to do business. Don’t overlook your local banks and bankers. Sometimes local is better and they still have all the technology that online banks have.

Accountant

Every good business needs an accountant. You may also feel that you need a bookkeeper too although many accountants can set you up with mostly automated accounts which may reduce your need for a bookkeeper but it’s up to you. The more people you have watching the money, the better.

Lawyer

You’re going to need con...

Did you know that most people earn an average of what their five closest friends earn? In fact, most people never earn a single dollar outside of their parent’s class or their friend’s class even if they work hard in school, make good choices, and go to college. That’s kind of depressing but there are reasons this happens. That’s why, if you really want to get over mindset issues that affect your money, you need to make new friends.

Network with Higher Earners

Go to the kind of events that the higher earners go to. Now, remember you don’t want to break the bank and you want to find out ways to do this without putting yourself in debt. But if you budget for networking with higher earners, it will pay off as your income goes up.  

Develop Friendships with Higher Earners

As you get to know people in that network, go ahead and make friends. There is nothing wrong with making friends. Don’t be dishonest with them about your position in life but don’t give away information you’re not ask...

Surely your mom or grandmother has told you the secret to life already, right?

You know, “Fake it ‘till you make it?”

You’ve heard that before, right?

Well, while you want to always ensure every decision you make is based on reality, you can at least give this idea some thought each time you have a decision to make.

Ask yourself, “How would someone with a thriving online business do this?” When you get the answer, figure out how you can do it within your means.

If you don’t believe in this idea, think about the fact that scientists have discovered a few “fake it until you make it” ideas and discovered that the idea of pretending you’re already successful at something works.

• Smiling – Studies have shown that if you make yourself smile anytime you are feeling down, you will lift your mood. It will actually be improved; it’s not just pretend It’s pretend when you first start, but then it ends up being real. This is the reason many phone sales professionals have mirrors to look at
...

It doesn’t really matter what type of mistake you make in life – there is always a lesson to learn from the mistake. The trick is understanding that there is a lesson, finding the lesson, learning it, and figuring out what can be done differently in the future.

Realize You Made a Mistake

Before you can fix anything, you must name it and claim it. Accept the mistake, know that you made it, and be open about that and honest about that with yourself and others. Making mistakes doesn’t make you weak. Imagine if Thomas Edison had given up after every single mistake. No, instead, realize you made the mistake. That’s the first step to learning from it.

Identify the Cause of the Mistake

When you examine the mistake, it’s easy to step back and see the overview of it, but the best way to not make the mistake again is to examine the mistake to the point where you know the exact moment in time that your thoughts sent you to the wrong decision. If you can find that decision point that turned ev...

The truth is, it’s going to be very difficult for you to delve into yourself to figure out what your money blocks are all alone. It’s not that it cannot be done, but sometimes it’s just not easy to see what’s going on with yourself. Sometimes you really do need someone who is trained to help lead the way for you. You can find this person by looking for a business coach.

You can find all sorts of business coaches today. If you believe you have money mindset issues that you want to deal with, the best coach for you is someone who deals with mindset issues, and you may even find someone who deals specifically with money mindset issues. It’s such a huge problem that it’s not surprising if there are people offering solutions for this very real problem.

• Ask Your Network – When you come to believe a business coach will help you with your mindset issues, go ahead and let your network know that you’re considering coaches and would love recommendations.
• Follow Them – Based on the recommenda
...

let’s get to this a little more directly. The examples, while common, may not necessarily relate to your situation but the process of discovering the blocks you have, and mitigating the block, is the same.

Write down a list of past money mistakes that you’ve made that you know for sure were a mistake now because the data is in and shows the mistake clearly. For example, did you fall for a timeshare presentation and now you must pay for the same vacation for the rest of your life and even pass it on to your kids? Did you buy a home because you thought it was a good financial idea or for some other reason? Do you have student loans that you regret?

Write down the story about why you made the choice you made regarding the idea you had that you now call a mistake. Then write down why your ideas at that time were wrong, how you know they were wrong, and how you can in the future ensure that when you make financial choices you really give yourself time to educate yourself and never make ch...

If you’ve ever wondered why some people are good at making decisions while others tend to procrastinate, it has to do with the amount of self-awareness the person has. You can come by this self-awareness by finding a life or business coach who deals with mindset issues, or you can join masterminds, challenges, and groups to work through these issues. 

But make no mistake, most people have some form of money mindset that is contrary to what is in their best interests. Thankfully it can all be fixed. You can identify the limiting mindset, research the issue, and educate yourself about it so you can learn by data and numbers that your life experience is subjective. Stats can help you overcome that fact.

All of this takes practice and self-awareness to know when the examples you’ve witnessed – while not wrong – may not always be right. But you’ll learn how to trust your instincts because it’s based on your education and study of the situation.

For example, when you learn that a person w...