A Scarcity Mindset Is Keeping You Broke — Here’s How to Fix It.

Everything we get in life is shaped by our thoughts. Let’s change the way we think about money.

Photo by Alexander Mils on Unsplash

If you’re like most people, you’ve never really learned how money works. The only thing you ever knew about money was that it’s used to put a roof over your head and food on the table.

You save as much money as you can and live paycheck to paycheck. You don’t turn any profit and every month you break even. You talk yourself out of replacing outdated products no matter how slow or inefficient they get. As bad as you want to go to that concert for your favorite artist, you talk yourself out of it because you need to save every penny you make. You skip meals when money is tight because you can’t afford to eat. You grew up with parents who had a scarcity mindset and it has rubbed off on you. Financial anxiety is a common thing for you.

Any of this sound familiar? If any of this resonates with you, it’s because you’ve developed a scarcity mindset. You’re scared to get out of your financial comfort zone because you fear losing money.

What is a scarcity mindset? It’s the thought that you will never have enough. There’s never enough money, food, or time. No one was born with a scarcity mindset. It was taught to…