Overcoming Negative Beliefs About Money

Money is an essential aspect of our lives, yet many of us have negative beliefs about it. These negative beliefs hold us back from financial success and prevent us from achieving our goals. Many of these beliefs are rooted deep in us as children. Most of us were not fortunate enough to be raised by wealthy parents, so we got to hear about their financial woes from an early age. Our parents negativity towards money was passed down to us, and holds us back. Generational poverty is no coincidence, for a lot of different reasons. In this chapter, we will explore common negative beliefs about money and how to overcome them.

"I will never have enough money."

This is one of the most commonly held beliefs. This belief can stem from a lack of financial education, past financial struggles, or even societal messages that equate worth with wealth.

To overcome this belief, it's important to take an honest look at your financial situation and develop a plan to improve it. This can include creating a budget, setting financial goals, and seeking the help of a financial advisor. That might seem like some very practical advice from a book about manifesting. But the two go hand in hand. You need positivity, and you also need to take action. You can’t have one but not the other.

You also need to reframe from thinking about money as everything and recognize that it is merely a tool that can be used to achieve your goals.

"I am not capable of handling money."

Another common negative belief about money is that we are not capable of managing it effectively. This belief can be fueled by past financial mistakes or a lack of confidence in our ability to make sound financial decisions. Public school probably failed you, but that doesn’t have to define you.

To overcome this belief, it's important to educate yourself about personal finance and develop the skills necessary to manage your money effectively. This can include learning about budgeting, saving, and investing, as well as seeking the help of a financial advisor. It's also important to recognize that everyone makes mistakes with money and that it's never too late to learn and improve.

"It's not worth it to save or invest."

Some people may believe that saving and investing are not worth the effort, either because they don't see the immediate rewards or because they fear losing money.

However, saving and investing are crucial for long-term financial stability and security. By setting aside money for the future and investing it wisely, you can build wealth and achieve your financial goals. It's important to understand the power of compound interest and the benefits of starting to save and invest as early as possible.

"I don't deserve to be wealthy."

Another common negative belief is the idea that we do not deserve to be wealthy. This belief can be fueled by feelings of inadequacy or a lack of confidence in our abilities.

To overcome this belief, it's important to recognize that financial success is not based on worth or deservingness, but rather on the choices we make and the actions we take. Reframe your thinking about wealth and recognize that it is not a finite resource, but rather something that can be created and grown through hard work, determination, and positive thinking.

"Money is the root of all evil."

This quote, often misattributed to the Bible, suggests that money is inherently evil and corrupting. However, money itself is neutral and it is the actions of individuals that can be either good or evil.

To overcome this belief, it's important to recognize that money is a tool that can be used for both positive and negative purposes. It's also important to cultivate a healthy relationship with money by setting financial goals, creating a budget, and using money in a way that aligns with your values and priorities.

It is essential that you cultivate a healthy relationship with money and use it to achieve your aspirations.

Money is nothing more than a tool. It has only the value you give it. If you think of it positively and intend to use it for good, then you will become wealthy. You cannot see it as a social status, a chain holding you back, or the determiner of your value. It is only a tool. Never forget that.