There are three common limiting beliefs about money that could be affecting your ability to earn and keep more of your money. Let’s talk about these three common limiting beliefs about money and you can determine if you have this belief even slightly and then follow the tip to end the problem.
Money is a Limited Resource
This is something you’ve been taught since you were little – not only by your parents, but also by your school and society. Money is treated as if it’s a finite source. But it really isn’t. Especially now that money is not backed by the “gold” standard and instead is just a made-up figment of your imagination. When they need more money, they can literally print more.
Think of this. When a bank loans out money, it’s creating new money out of thin air. If you put 100 dollars in savings, the bank can now loan out 80 dollars of that money (and remember you still have your 100 dollars that you can spend if you want...
The fact is, almost everyone has limiting beliefs and mindset issues that hold them back that formed unknowingly around something. But money mindset issues lead to this problem due to the lack of financial education that most people have. Most people learn everything they know about money from their parents. What parents know is 100 percent tied to their own education and financial class they were born into. This type of knowledge is more likely to be passed forward through close family relationships rather than school education on the topic.
These mindset issues show up easily with proof. It shows up in that eBook you wrote 6 months ago that you haven’t launched because you think your writing isn’t good enough, but you haven’t hired an editor who could advise you and you’re just sitting on it. In fact, you might have already started on another project instead of launching the first, second, or third.
Mindset issues show up because you spend hours trying to...