Money Mindset Exercises: Words Have Power

Your words have power.

John 1:14 is one of the most important verses in the Bible. It reads: “The Word became flesh and made his dwelling among us”.

As you talk about yourself, your struggles and your lack of money, for example, you are literally talking it away from you, giving more energy to lack and limitation.

Before you can change this, you need to become aware of how you talk about money, the rich and how you see yourself. All of these have a bearing on your self image and your ability to make and keep money. So the first exercise is to bring awareness to your habitual talking patterns regarding money.

Who you spend time with and the things you say are equally important because you are likely to share similar ideas with those you surround yourself with. Jim Rohn “You are the average of the 5 people you spend the most time with”.

Exercise: take a notepad and pen and for a full week make a note of anything negative you might say regarding money, lack, limitation or the rich. Don’t judge, just observe. Observe yourself in conversation with others, and also what they say about money too.

Money Mindset Exercises: Being The Watcher Of Your Thinking

Napoleon Hill says in his book Think and Grow Rich “thoughts become things” and it’s a common thread throughout many modern day and classic books on money mindset and the law of attraction.

Your thinking lays the ground work of all the actions you take in life. You simply won’t work towards something if you don’t believe in it! So the next exercise is to take some stock of the thoughts you give energy to. In particular, you want to pay attention to the thoughts with an emotional charge. These are particularly powerful and the subject of money is often one which often has such a strong emotional ingredient, particularly if you struggle with it.

Exercise: Sit comfortably somewhere quiet and relax your body. Close your eyes and pay attention to your breathing. Just notice your in-breath and your out-breath, counting to 5 for each cycle. As you do this, you will notice your mind tries to take your attention away from your counting, and the focus on your breath. Just observe without judgement and bring your attention back to your breathing.

Start with a 5 minute exercise each day and build up the length of practice each day. You will notice your thinking mind more and more. Observe thoughts which are the most powerful for you, controlling your emotions and directing your life. Meditation is a powerful tool to uncover your thinking processes. The more you practice the more conscious awareness you will bring into your habitual thinking patterns.

Money Mindset Exercises: Q&A

It’s useful to understand how you think about money, wealth, the “rich” and yourself. If you harbour negative thinking towards the wealthy, money, or even yourself, you can be assured that it holds you from attaining more wealth and prosperity. Here’s a few questions you can answer which will shine a light on your inner beliefs on this topic:

Exercise: go through these questions answering honestly about your thoughts on each one. Don’t judge yourself and mark yourself from 1-10 according to your answers: Print out the money mindset pdf and write out your answers to all the questions.

1 = disagree 100%, 10 = agree 100% .

• Money is the route of all evil
• It is more enlightened to be poor than rich
• Rich people earn their money dishonestly
• Having a lot of money will make me less spiritual or pure
• Getting rich takes too much money and struggle
• Having a lot of money is a big responsibility
• I don’t feel good enough to be rich
• Realistically, chances are I’ll never be rich
• I’m striving for wealth but it doesn’t allow much time for anything
• If I get rich, everyone will want something from me

• If I get rich there are certain people in my life who wouldn’t like me
• If I have a lot of money it means someone else will have less
• Having excess money means you are greedy
• I’m not very good in the area of money and finances

The higher your score on this, the more work you have to do on changing your money mindset to attract abundance.

Your Reasons For Making Money

What are your reasons for wanting more money? Is it to get out of debt, to have more things or to serve humanity better? To enjoy life more or to live more fully? Whatever your reasons, if you are only focusing on the negative reasons to have money you may be giving more energy to debt than to money!

If you harbour negative connotations about money, you may be keeping yourself from it. If you “hate the rich” for example, this isn’t a good match if you want more money. You will unconsciously keep yourself poor so you don’t fall into the category of being rich.

Exercise: Spend some time journaling out all the reasons it will serve the world for your to become rich, what it will allow you to do, who you will be able to help and so on.

• Why does it serve the world for me to become rich?

If you’re unclear on this, there could be some internal resistance to your continued success if you carry conflicting ideas on this topic.

If you’re struggling with this exercise, think about who you could help once you’re more financially secure and abundant. What would you do if money didn’t matter? Money can give you more choice and freedom to do the things that are important to you. What would you do if you had an abundance of money and no money worries?

Join My Newsletter

The final exercise is to join my email newsletter (if you’re not already on it) and begin the journey of self discovery! Use the form below and enter your details. You’ll get an email every day with free info, pdf’s and insights into what you can do to change your money mindset and set yourself on the path to financial freedom and abundance.

Oh, and before you go, checkout this video from one of my personal online business coaches. He’s helped me immensely over the last few years to change the way I earn money. Until the next time…

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You can download this pdf here, or read below. Print it out and work through the pdf answering all the questions as truthfully as you can. It’s an eye-opening experience and this taught me a lot about how I perceive money and the inner conflicts I was harbouring.

Hello and welcome to this Money Mindset PDF guide!

Developing a positive money mindset is a major key to success with money. If you harbour negative ideas around money, it will very likely substantially hinder you in your journey towards financial success.

Developing a positive mindset about money will help you focus on long term success, and stay positive and focused on your direction. Rid your mind of all limiting beliefs around the subject of money. If you find yourself stalling, negative and frustrated at times, take time out to clear your mind of the limiting ideas you may have encountered.

It’s difficult to maintain a positive outlook about money if you hold negative ideas about it. These ideas can take route and sabotage your best intentions. Ideas like “money is the route of all evil”, “money makes people corrupt”, rich people are greedy”, for example are going to impact you negatively. If you have these kinds of thoughts in your mind, they will probably hinder you from taking consistent and persistent forward action towards your goals.

Lets have a look inside your mind to see what potential ideas might be a barrier to you achieving the success you desire.

Money Mindset PDF – Money Association Exercise

This is an exercise to help you get more clarity about how you think about money. Be honest with your answers and write anything positive/negative which may be in your consciousness. The more fully you answer these questions, the more you will discover about the potential hidden “blockers” to money in your mind:

• Money is….
• Wealth is….
• Rich people are…
• The reasons I can’t or may not be extremely wealthy are…
• Some of the possible negatives about being rich, or going through the process of trying to get rich are…
• My greatest worries and fears regarding money and wealth are…
• The worst thing about money is…

Write as much as you can to answer these questions as fully as possible. Be brutally honest in your answers. The point isn’t to think about what you think you should think about these ideas, but to uncover what you really think to shine the light of conscious awareness on your negative and limiting ideas around the topic of money.

Money Mindset PDF: Remaining Positive About Earning Money

If you have a particular goal about money which you want to achieve, negative ideas can act as “success blockers”. If you have any negative reasons for not making the money you say you want, they can easily manifest unconsciously, holding you back.

Here’s a quick exercise to set a forward objective about your monthly income:

• My current monthly income is…
• At the end of the month I usually have this much money left in my back account…
• My monthly income goal is…
• At the end of the month, my goal for how much money I have left in my back account is…

Positive Money Mindset PDF: Money Belief Questions

Holding negative ideas/beliefs about money will hinder your progress if you intend to create greater financial success. Here are some questions/beliefs about money. Rate yourself from 1-10 as you read through them.

1 = disagree 100%, 10 = agree 100% .

• Money is the route of all evil
• It is more enlightened to be poor than rich
• Rich people earn their money dishonestly
• Having a lot of money will make me less spiritual or pure
• Getting rich takes too much money and struggle
• Having a lot of money is a big responsibility
• I don’t feel good enough to be rich
• Realistically, chances are I’ll never be rich
• I’m striving for wealth but it doesn’t allow much time for anything
• If I get rich, everyone will want something from me

• If I get rich there are certain people in my life who wouldn’t like me
• If I have a lot of money it means someone else will have less
• Having excess money means you are greedy
• I’m not very good in the area of money and finances

More Belief Questions

• If I got a lot of money I might lose it
• If I put a lot of effort into creating wealth and don’t succeed, I’ll feel like a failure
• I have the potential for wealth, all I need is a break
• This just isn’t the right time for me to start going for it financially
• You can’t create wealth, and be happy and fulfilled at the same time
• Money causes a lot of problems

• It’s not right to make a lot more than my parents
• You can’t get rich doing exactly what you love
• It takes money to make money
• Driving for wealth can cause stress and health problems
• Most of the good opportunities are gone
• It’s difficult to get rich these days
• Given my past it would be difficult to get rich
• I’m too young to get rich
• I’m too old to get rich
• I don’t like promoting or selling

• I wish I didn’t have to deal with money
• I don’t enjoy managing money
• I don’t have time to manage money
• I don’t need to manage my money because I hardly have any

Money Association Questions

• Money corrupts artistic and creative endeavours
• It is not right for me to be rich while others have nothing
• If you are not born rich, chances are you will never be rich
• Rich people aren’t happy
• If success comes easy, it’s not worth while
• I’m too busy to put a lot of time and energy into learning

• If I become rich that’s great, if not that is fine too
• I don’t enjoy taking on responsibilities
• I’m not a strong leader
• I have some resentment towards extremely wealthy people
• I’m a good giver, but not a good receiver
• I’m already quite comfortable, I don’t need to push myself
• When I have a lot of money, I’ll finally feel secure
• By being rich, I’ll prove myself
• To be rich, you have to use people and take advantage of them
• Other people’s opinion of me are important
• I’m not educated enough to get rich
• Financial security comes from having a good job and a steady pay check
• Money isn’t really that important

Money Mindset: Further Questions

These questions can help you identify limiting beliefs around money which you may have inherited from your surroundings as a small child.

• What did you hear around money, wealth and rich people as a child (from your parents, family, society etc.)
• What are 3 unsupportive beliefs you have or have had around money, success and being rich?
• Write a positive or more empowering belief for each of the above.

A Final Exercise: Journaling Your Reasons For Making More Money

In this final exercise, you’re going to journal your reasons for becoming rich. If you don’t believe your becoming rich will be a good thing, for yourself, anyone else, or the world, that’s a huge barrier to you attaining it. Getting clear on this will remind you of your reasoning for becoming rich/wealthy/financially free. If you are attempting to become rich because you feel it will solve a feeling of not being good enough, or some other inner conflict, you might find it’s not a strong enough reason, or you can resolve the conflict in another, easier way. By writing about your reasons, you can create a clear picture of what success looks like to you.

Spend some time journaling out all the reasons it will serve the world for your to become rich, what it will allow you to do, who you will be able to help and so on.

• Why does it serve the world for me to become rich?

If you’re unclear on this, there could be some internal resistance to your continued success if you carry conflicting ideas on this topic.

Thanks for using this quick guide. Keep revisiting these exercises and reading the material on my website (moneymindsetcoachonline.com). You will see over time your ideas around money will change as you read through the materials on the website and continue to shine a light on the ideas you are holding around the subject of money, wealth, financial prosperity and the rich, for example.

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