Your money situation boils down to one powerful thing: your mind.
Keeping yourself broke or building your wealth sky-high is based entirely on your mind. How you think, and by extension, how you talk about money is what determines your account balance.
As you think, so you become. Over and over and over again.
A year and a half ago when I decided to get out of debt, I was tired of how I had been thinking. I was bored with thoughts like I can’t get ahead, or, in the job I’m in, you just can’t make good money (teaching yoga). I was bored with thinking in terms of my failure and mediocrity.
Killing the debt and growing my net worth by over $52k in 18 months was based on one thing and one thing only: I changed my mind.
I know that you can grow your wealth too because I know that you can change your mind: You can think different thoughts and design a new financial reality for yourself. You can grow your wealth until you feel cushioned and supported by it.
Below are two of the worst thought offenders that kill your wealth. Change these thoughts, and you will start to see changes in your financial world…
1. “I need to be better with money.”
Thought offender number one, “I need to be better with money,” sounds like you’re saying something responsible… sounds like you intend to up-level your broke behavior… but it’s a sham.
First, you are declaring that you “need” to do something – which is a very victimy way to think. You don’t need to do anything. The question isn’t whether you need to, it’s whether you want to. There’s a world of difference between these two words.
Second, is the rather pathetic “better with money” part. Better with money doesn’t sound like any fun. Being better implies not good enough. So you’re basically saying “I’m bad with money.”
Saying you need to be “better with money” reminds me of that phrase “I need to put on my big boy pants.” Once I was dating a guy, and he fell off the radar for a while, then called me, saying he knew he needed to “put on his big boy pants” and tell me what was going on.
Immediately I broke up with him. Because I don’t want to date anyone that runs around in “little boy pants.” Barf.
Here is a much better replacement: I am choosing to take control of my wealth. Boom. Yes. Not, “I need to be better with money.” Instead, “I AM CHOOSING TO TAKE CONTROL OF MY WEALTH.” Feel the difference?
2. “I can’t afford it.”
Ugh. What a pathetic thing to say. This statement is dripping with poverty consciousness. The worst is when it comes from someone who you know has access to plenty of money, but they’re framing the choice not to buy as though they’re part of the “other half.”
No matter which “half” you belong to, you should never say you “can’t afford it.” The fact is that you could find a way to afford it – you could drain your bank account, you could work extra hours, you could steal the money, you could sell something, you could save up for it. But you choose not to.
You’re opting to put your funds elsewhere.
If you truly cannot afford it. Like, you sleep on a bench, and all you own is a tattered copy of The Power of Now, you STILL shouldn’t say you can’t afford it. Because you have dignity! This statement is an insult to your dignity.
Here’s an alternative: “I’d rather not invest in that right now.“
Hear this difference? Try saying both of these sentences: “I can’t afford it” and “I’D RATHER NOT INVEST IN THAT RIGHT NOW.”
Do you feel how you are literally a different person when you say the second one?
Please do the Fiscal Godmother a favor and NEVER say either of those two terrible wealth-squelching sentences again.
Peace, love, and money to you, dear Godchild.
What now? Well… three things:
- COMMENT BELOW if you’ve found yourself saying other wealth-killing phrases… I’d love to hear what nonense is knocking around in your head!
- GET IN on the upcoming “Change Your Money Mind” free online event the Fiscal Godmother is hosting in June by joining the Fiscal Godmother’s List HERE
- EXPLORE the FINANCIAL REALIZATION Course HERE (new session starting soon)