Everyone has limiting beliefs. That much you’ve probably heard before. You’ve probably also heard about the importance of overcoming those beliefs, and that the consequences of not doing so can be dire. Do you know what those consequences are, however?
Limiting beliefs can keep you from reaching or even setting goals. They can keep you mired in a cycle of “try and fail again” with seemingly no end or explanation. They can keep you from even trying to make your dreams come true.
Limiting beliefs around work can cause your career to bottom out. They can keep you from reaching your potential, from getting the job you want, and can even cause you to perform so poorly you get fired.
That’s only the start of what they can do to you. Many people, perhaps most in Western society, have limiting beliefs around money. This can lead to you being chronically broke and financially insecure no matter how much money you make. It can even cause you...
A complete list of limiting beliefs would be endless because there are an infinite number of them. While some might be uncommon, others occur in many people across time and space and in any number of cultures. This is a list of five more of the most common limiting beliefs.
1.) I’m not good enough to pursue my dreams.
As with many limiting beliefs, fear is the emotion underlying this one. Usually, the person holding this belief thinks that only people who have extraordinary abilities or talents can succeed in whatever the dream is and that ordinary people are shut out. Naturally, this isn’t normally true, with important exceptions such as the astronaut corps.
2.) It’s impossible to get what you want out of life.
The consequence of this limiting belief is that the holders often get nothing from life and spend much of their lives miserable and dreaming about the “what if.” Major depression is...
Reaching your goals is hard. When you don’t succeed, it can be hard to figure out why. Sometimes the circumstances or the situation are to blame. Other times, it’s not so easy to find the cause. Have you ever wondered if it might be YOU? Could you be holding yourself back from succeeding? It’s more common than you’d think for people to sabotage themselves in this way. What’s behind it? Something called limiting beliefs.
What’s a Limiting Belief?
The human brain thinks in stories. Your mind holds an almost infinite number of stories about the world around you and about the people that you know. It also holds many stories or beliefs about yourself, some of which are healthy and some of which aren’t. A limiting belief is one of the latter. It’s a story about yourself that you believe, specifically one that isn’t (or shouldn’t be) true.
Examples of limiting beliefs you might hold include things such as “I’m too old...
Creating a wealth mindset is a tool. Your mindset is a tool that you use to make better decisions and create long-lasting wealth. Why do you want wealth? There are many reasons that people want more resources:
If I were to poll 100 people, I might get 10 categories of answers as to why they want to be wealthy. One of those answers might be to have more options or to quit working for someone else - both super good reasons. One reason is very powerful though… to create a legacy.
Wealth isn’t just about spreadsheets and net worth. Wealth is a mindset and a way of living. Wealth is all about being generous and thinking outside of immediate and personal need to the needs and benefit to generations. There is little more satisfying than knowing your actions will impact your kids, their kids, and possibly their kids. That’s a lot of kids to share your legacy.
Creating a legacy with your wealth...
Making the decision to shift to a wealth mindset is the first step of many towards building a wealth legacy. Taking action is the second step. Both steps are very important but maybe not the most important. The most important step towards a long-lasting wealth mindset is not allowing a setback to undo all you have accomplished.
Sometimes making a change is easier when everything is going right. Let’s use weight management as an example: Everything is easy as long as the numbers on the scale keep going down and you can get out an exercise regularly... then BOOM! Life throws you a curveball. You twist your ankle and end up in a cast for six weeks. Suddenly, your success isn’t as easy. Being sedentary and feeling blue, the cakes are calling and there’s no way to burn up the calories. That setback can undo your weight loss success if you don’t modify your thoughts and actions.
You may find that you are doing all the rights things....
Isn’t it funny how being unable to have something makes you want it more? If you are dieting, that donut seems to be the only thing between you and eternal happiness. If you are broke, nothing in your closet fits or looks good and shopping - being out of the question - is all you want to do. In many cases, not being able to be, do, or have something seems to cause pain and suffering. Even if it never has in the past.
In the same way, living within your means can cause fear and anxiety to well up inside you. Imagining that you are unable to have whatever you want, whenever you want feels like the ultimate denial. Like a punishment.
Living within your means shouldn’t feel stifling or like denial. It should feel:
These are all amazing things to be celebrated. Living within your means isn’t about lack, it’s about freedom!
It’s hard to believe that living within your means is...
A wealth mindset is the term used to describe a positive relationship with money. A wealth mindset absolutely includes a clear understanding of your family’s budget and spending habits, but it is much more than profit and loss. A wealth mindset translates to other areas of life, including, but not limited to:
Before we look at the wealth mindset, let’s look at the alter ego of the wealth mindset - the poverty mindset. The poverty mindset comes from a place of lack. A poverty mindset pits people against one another because there is a sense of not enough or competition. A poverty mindset sees others as a threat or out to get what is yours. People coming from a poverty mindset are busy hoarding anything they have - whether it be money, resources, love, and more - trying to keep themselves from facing dire consequences.
A wealth mindset comes from a place of inclusion and endless resources. A...
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...