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7 Tips To Master A Money Mindset

“Money is nothing but a representation; a means to measure the exchange of value between people.” (Tony Robbins)

How is your money mindset?

There is such an emotional charge to the topic of money.  I have said it before on the blog, people’s relationship with money can vary, but many times it carries with it strong emotions.  Rich people are selfish, evil, or crooked.  Money is the root of all evil.  I will never be rich.

Why not?  I have heard so many people say they just want “enough.”  Enough to pay their bills and have a little spending money in their pockets.

But what if you could have more?  What if you could have enough for those things AND create a scholarship in your dad’s name, donate a box of food to the food pantry each month, and pay for Financial Peace for the young, struggling couple at your church?  If you had those opportunities, would you pass it up?  How would more money improve your life?

Understand your relationship with money

Where did you learn about money and what were you taught? Merely understanding where your money concepts come from is the first step in changing your money mindset.  Creating a new money mindset is just creating a new habit.  Simply being conscious of the new habit that you would like to form, and attaching it to an existing habit.

For example, you want to honor the money that you have worked so hard for by managing it better.  You decide that one way to do this is to bring coffee with you from home in the morning instead of going through the drive-thru.  So, every night when you go into the kitchen before bed to start the dishwasher, you also fix the coffee pot and set the timer.  You might need a sticky note reminder on the dishwasher, but soon enough, you have formed a new habit!

Then, as you are drinking your coffee on the way to work, you are reminded that you are honoring your money by not wasting it on drive-thru coffee.

Create your goals

I love goals.  I am very goal oriented.  And I like time limits, too!  Creating money goals can assist the money mindset process.  Even if they are the smallest goals, those will shift the way you feel about your money.  If thinking that you never have enough money and you are not good at managing it, try a spending freeze for one day.

Decide that you will not spend any money today.  That is an achievable goal.  Bring your lunch to work, don’t stop for coffee before work, and come up with a plan for dinner that night, so there are no “emergency stops” at the grocery store or pizza deliveries to your door.

Then write it down and put it where you will see it.  Stick that goal to your computer screen or make it your wallpaper on your phone.  Just make it visible.

Then, after the boost in confidence when you achieve that goal, set a bigger goal.  Little by little, you will be accomplishing great things!

Believe that you can achieve

Seriously, believe it.  Believe it down to your core.  Find your faith in yourself, put your mind to it, and get it done.  But if you don’t believe it, you don’t stand a chance.  Do you want to be a millionaire in ten years, then think you will be and find the ways to make that happen.  Take the steps needed to set those wheels in motion.

Do you want to start your own business?  How about creating a Fitness Blog?  Become a plumber, maybe?  So, what do you need to get there and what steps can you do TODAY to make that happen?

Forgive yourself for past money mistakes

I think this one is the most difficult.  Nobody is perfect, right?  So, maybe you got in too deep and had to file bankruptcy or your car was repossessed.  Stuff happens and forgiving yourself for those incidences is so vital to changing that money mindset.

Also, knowing that there will be other mistakes and you have the tools to get through those moments BECAUSE of what you have learned from the past will get you through these other mistakes.  But, make sure you have learned something.  ANd put resources into place in case they happen again.

End money stress

Budget.  There.  I wrote it.

The best way to not be stressed about money and to create a money mindset that gives you peace is to tell your money exactly where to go.  There is a sense of total control when you know where your money is going and you have allocated a destination for every single dollar.

Do boys need new sneakers?  There’s money for that.  Is Car registration due?  Got it.  Vacation to the beach?  All set.  Stress-free living – a beautiful money mindset.

Create a mantra

When I hear the word mantra, I am always reminded of the book (and movie) The Help by Katheryn Stockett.  Aibileen often whispers to the little girl she is caring for “You is kind.  You are smart.  You are important.”  Now, that is a great mantra!

A mantra is just a sentence or two that you repeat over and over until you believe it to be true.

T. Harv Eker writes a declaration at the end of each chapter of Secrets of the Millionaire Mind (one of my favorite books – review found here) where he asks you to place your hand on your heart and say a few words.

It could be something like, “I have a millionaire mind!” or “I love to exercise!”

Give yourself some grace

And finally, go forward with grace in your heart.  Do not beat yourself up for your past or future mistakes.  Remember, your thoughts control your behaviors.  So, if you THINK you are good with money and you BELIEVE you are good with money, then you will BE good with money.

Push those negative thoughts out of your head and create the money mindset that you want.  Achieve your dreams.





  1. Kim September 19, 2018
    • frozenpennies September 21, 2018