How to Think About Money Correctly: Changing the Poverty Mindset to the Wealth Mindset

06.10.2024 10:20

It is unlikely that you will get rich just by thinking.

But it can be of great help on the path to wealth.

So what is wealth thinking? And how can you master it?

What Role Does Wealth Mindset Play?

Let's talk in more detail about the role of wealth thinking in a person's life. And this role is quite significant, because thinking affects everything. Lifestyle, work, communication with others, interests, and so on depend on thinking. And it also affects income. Rich people are convinced that a person is the master of his life.

A person with a wealth mindset does not think first about how much he has to spend. He thinks about how much he has already earned and what a great guy he is. And only then does he think about upcoming expenses.

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Photo: © Belnovosti

What is this?

A person with a wealth mindset is already rich. He is confident in it, confident in himself and his abilities. He knows that he is rich and everything will be fine with him. And so it will be. Because this confidence gives a person strength and motivates him.

We can say that a person with a wealth mindset is simply a confident person with healthy self-esteem. There is no particular difference between these concepts.

The thinking of a rich person is opportunities, love of life and a good income. "Not the one with gold is rich, but the one with thought."

Poverty Mindset

A person with a poverty mindset does not like to take risks. He is afraid of difficulties and tries to avoid them, while a person with a rich mindset perceives them as tests that can provide a great opportunity for development.

A poor person constantly saves on everything: on himself, on his food, on his health... It’s as if he’s afraid of the money he’s earned.

But the rich treat them more wisely and do not save on everything. Instead of another way to save or borrow money, he looks for new ways to earn money, new opportunities.

Poverty thinking spoils not only income, but also the whole life. Therefore, the concept of "Poverty Thinking" applies not only to money. And the same with wealth thinking.

The poor person's way of thinking does not allow one to develop, expand one's horizons, or learn anything new. It only allows one to work oneself to exhaustion and drive oneself into panic.

Principles of Wealth Thinking

1. A rich person is a self-confident and self-loving person. A person who creates himself independently.

Therefore, all responsibility for life and income lies with him. A rich person understands this perfectly and is not afraid of this responsibility.

2. A person with a rich mindset does not focus on saving. He thinks about how to spend the money he earns wisely. He buys only what he needs.

3. To become a person with a rich mindset, you need to increase your self-esteem and love yourself. This is very important, because a rich person is a self-confident person who loves and respects himself.

Successful people are not afraid to spend their money, try something new, learn more. They always remember themselves, listen to themselves. And all this because they love themselves.

4. A person with a rich mindset will not envy anyone or constantly think about the bad. He simply does not need envy, because he thinks about himself, and puts all his efforts into himself and his business. And bad thoughts pass him by, because he does not dwell on them.

In fact, such thoughts are absolutely normal. It's just that everyone perceives them differently. Successful people don't develop them to a large scale, so they are not afraid of them.

5. Dreams are not useless at all. They help to visualize your goals, thus giving motivation. They help to believe in yourself. So there is no harm in dreaming. Even in adulthood.

Earlier I talked about how cunning employees operate .

Vitaly Kisterny Author: Vitaly Kisterny Editor-in-Chief


Content
  1. What Role Does Wealth Mindset Play?
  2. What is this?
  3. Poverty Mindset
  4. Principles of Wealth Thinking