My Friend Transformed My Mindset From “Lack” To “Abundance.” Here’s What He Said.
A few days ago, I was having a conversation with a friend. He said that his girlfriend always complains about her overspending habits. She always says, “I need to stop spending and start saving.”
During our conversation, I said something similar. I told my friend I needed to stop buying new clothes and start saving money.
He smiled and said, “No. You should buy whatever you want. But, you need to be worthy of it.”
What do you mean? I asked.
He gave me an example of his girlfriend. “Ruby (his girlfriend) always talks about her overspending habit and tells me she needs to start saving. But she never says anything about growing her income. She never talks about earning more money.”
Don’t decrease the goal. Increase the effort.
My friend’s girlfriend and I were focusing on lack.
We needed to shift our mindsets and focus on abundance instead.
I learned that I should change my mindset and focus on increasing my worth instead of decreasing my needs.
Have you had the experience when you wanted to achieve something but didn’t believe you could do it? So, instead, you go after something easier or of less worth.
For example, you set a goal to make $10,000 a month. But that seems impossible, considering you are making way less than that. You think it’s beyond your current capabilities. So, you change your goal and reduce it to $3,000 (or less).
This is the opposite of an abundance mindset.
In Rich Dad Poor Dad, Robert Kiyosaki says that instead of saying, “I can’t afford it,” you should ask, “How can I afford it?” A simple change in your words can also have a significant impact on your mindset.
Saving won’t make you wealthy.
The most common money advice is to save it.
Save 10% of your income. That’s what we always hear. But that isn’t practical advice.