LEONOR HERRERA

A limiting belief is something that your unconscious mind believes about yourself, other people, or the world. These beliefs hold you back from accomplishing your goals because you believe them, but guess what? They aren’t objectively true. That’s one of the hallmarks of a limiting belief.

Here’s an example. Let’s say you believe you’re bad at math, but you want to go to college and major in something that requires a lot of math. Are you bad at math? Probably not; most people can learn to do basic math well and the majority can also learn to do higher-order math if they apply themselves. But because you believe you’re bad at math, you have trouble mastering the math skills required for your program. This is a classic example of a limiting belief.

Other common examples abound. The fear of failure is a common limiting belief that leads people to avoid following their dreams because they don’t want to fail. Many people have the limiting belief that they’re unlikable. Others believ...

Generally speaking, your money mindset is like an apple that hasn’t fallen far from the tree. That’s an analogy that often refers to a parent-child relationship. Your money mindset is generally similar to your parents’ as they have a large impact on your thoughts and feelings about money.

Here’s how:

• How they managed their money affected your quality of life as a child
• How they spoke about money affected your thoughts about money
• Your parents’ reactions to financial setbacks made an impression on you whether you know it or not

Here’s why:

How your parents managed money affected your quality of life: Whether you wore hand-me-downs, or your clothes came from the finest stores, this was a direct result of your parents’ thoughts about money. The types of foods you ate and whether or not you ever vacationed as a child was due to your parents’ decisions about their budget. If you lived hand-to-mouth or affluent, it was a direct result of your parents’ ability to earn an...