Overcoming limiting beliefs about money starts with becoming more aware of the thoughts you give your energy to.
“Until you make the unconscious conscious, it will direct your life and you will call it fate” – CG Jung.
We think all the time, all day long. If those thoughts aren’t supportive of what you want, you will stand in your own way to getting it. Holding onto limiting beliefs will definitely hold you back in life. We sometimes do this because we believe very strongly in some ideas such as:
- Rich people are greedy
- It’s wrong to want too much money
- Being poor is more virtuous
- More money brings more problems
- Someone might judge me if I became rich (yourself perhaps)
- Money isn’t that important
- I’ll never have lots of money
- I don’t allow myself to have money because of….(insert your reasoning)
Be honest and look at the above statements. To what degree do you believe these ideas on a scale of 1 to 10? Have a look at the article “change your relationship with money” and go through all the questions.
Overcoming Limiting Beliefs About Money – Why You’re Stuck
Despite all your “outside” attempts to make money and become abundant, you keep yourself stuck at a particular level of income and wealth. But why is this? Why haven’t you “made it” yet and why can’t you get past the point of normality?
It’s your “financial thermostat” which is the level of financial reality which you accept as the “norm”. Too much money, and you may have more responsibilities, more worries and more problems. Too much money brings judgement, from yourself and from others. So we often find ways to lose money, spend money or otherwise let it slip through our fingers when things get out of our comfort zone.
Think about your comfort zone for a moment. How much money allows you to relax and be comfortable? When things get tight with money, what do you do? When things are good what do you do? How do you feel in these different circumstances? These are the boundaries of your financial thermostat.
To change them, you need to expand your financial thermostat to allow you to to accept more money into your life, without it triggering your typical response. Observe your “normal” acceptable relationship with money. How you spend it and how you earn it. Think about how you feel about making it, spending it and look at any anxiety which comes up.
Install New Software
Write down all the things you believe which have kept you from having more money come in on a continual basis. They may be beliefs such as:
- It’s hard to earn money
- My job doesn’t pay enough
- I didn’t get the rise I wanted
- My situation keeps me poor
You may find you have many excuses as to why you don’t earn more money. These are your “programs” keeping you stuck. To install some new ideas about money, you can swap these beliefs with some new ones:
- Money comes easily and effortlessly
- I allow money to come from multiple sources
- I enjoy the process of making more money
- Abundance is my birthright
- I deserve a lot of money
- I allow myself to have multiple streams of income
If anything contradictory came up for you while reading the above statements, that’s where you need the most work. Whenever you notice yourself telling your old story of lack and limitation, repeat one of the new phrases to replace the old belief.
You’ll likely have been telling yourself a story of lack and limitation for some time: “I’m not enough”, “making money is hard”, and so on. So to change your fundamental beliefs on this subject properly, you’ll need to change this habit, using the more positive ideas instead. This takes time and you’ll likely still be saying some of the negatives down the line. Be vigilent with yourself and make a habit out of using the new ideas as mantras.
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