Developing a Money Mindset -TPS240

Today I talk about your money and money myths and I also share the process I’ve been going through. I explain that, for a long time, I had feeling goals, not specific financial goals, but recently that has changed.

Highlights:

  • It took a long time, but I’ve reached the point where I have no financial fear.
  • How much money you have doesn’t reflect what’s going on inside of you.
  • It takes a long time to train yourself to let go of financial fear.
  • The more money you have, the more you have to think about it.
  • Every dollar is a decision.
  • If you don’t know how to make good financial decisions, you can screw it up.
  • A skill of wealthy people is learning how to make mistakes.
  • A majority of millionaires are frugal.
  • I have to learn how not to make impulsive decisions.
  • The problem is, there are no precise rules.
  • I share what happened when I inherited a small amount of money.
  • You shouldn’t make big money decisions when you are in an emotional state.
  • Do a Google search for millionaire mindset.
  • I talk about what I’m doing now that I’ve decided to significantly up my income.
  • If you don’t have a saving habit, you have to start developing one.
  • You can train yourself to get the same kind of dopamine rush from saving that you get from spending.
  • I talk about my “power number”, 444, and how I’m using
  • I realized I’m no longer afraid of bring in a lot of money.
  • The fact that I feel really connected now makes a difference.
  • I didn’t do a fancy launch for my course, and I did very well.
  • You have to be willing to be frugal and disciplined.
  • Money doesn’t discipline itself, you have to discipline your money.
  • It’s about being thoughtful about your money, your goals and how to get there, and what you have to do internally to get there.
  • Don’t be in a hurry to get rich, and think about what you really want.

Links:

My new course, Rewire Your Brain for Prosperity & Financial Freedom

J.D. Roth’s article: The Millionaire Mindset: 53 Habits That Foster Wealth and Success