top of page
Search
Writer's pictureRebekah King

What is your ‘money mindset’, and how can it hold you back?

When you hear the phrase “money mindset,” do you roll your eyes a little?


Maybe it sounds like one of those buzzwords everyone talks about, but it doesn’t really mean much to you.


Well, here’s the thing… your mindset about money does matter, and it could be the very thing that’s holding you back from making more money or even applying for that job you know you’d be perfect for!


After interviewing Australia’s #1 Brain Untrainer, Rik Schnabel, from Life Beyond Limits, on The Brain Changers™ Podcast recently, I put this blog together to capture the highlights. Check it out.

 

Where did these beliefs come from?

Most of us don’t even realise that we’re carrying around beliefs about money that we absorbed as a child. Yep, I’m talking about those sneaky little thoughts like, “We can’t afford it”, and “Money doesn’t grow on trees”, or “Rich people are greedy.” 


Do any of those sound familiar?


For most of us, these beliefs are running on autopilot in the background. But they’re not doing us any good, in fact, they’re holding us back from something so, it’s time to hit the reset button.


So, have a think… do you remember the first time you were handed a few coins for your pocket money? Or better still, a crisp note?! (For me, it was the old $5 note that got my attention! It was a deep purple colour and had Caroline Chisholm on it).


How did that moment shape your relationship with money?

Maybe you were taught that saving every cent was crucial, so you opened up a Dollarmite account!


Or maybe you often heard, “You can’t take it with you!”, and so spending was encouraged.

Either way, those early money moments helped write your ‘money story.’


But just because that’s the story you’ve been told doesn’t mean it’s the story you have to keep living.


Let’s say you grew up hearing that having lots of money is bad, or that people who make a lot of money are greedy and selfish. You might unconsciously limit how much you allow yourself to earn, thinking it’s somehow wrong to be wealthy.


Crazy, right? But it happens all the time.

 

Your self-esteem plays a role too

And here’s something that might surprise you… your self-esteem and your income are besties. Yep, if you don’t feel worthy of making more money, you’re less likely to chase higher-paying jobs or ask for that well-deserved raise.


It could in fact stop you from applying for your dream job… you know, the one you know you’d be perfect for, but the salary is more than you’ve ever earned, so you think, “I’m not going to get hired. I may as well not even apply”.


Pity. You could be exactly what that organisation needs!


If your self-esteem is so low that you don’t feel you deserve to even throw your hat in the ring, it’s time for an upgrade!

 

But what if you’re saying, "I don’t have the skills”?

Alright, so now you may be sitting there thinking, “I’ve never earned more than $80,000 a year, and I don’t have the fancy qualifications for a big salary.”


Fair enough! But here’s the thing… you don’t need a magic wand (or a Harvard degree) to change your financial reality. You need belief. Yep, the way you see yourself and your potential is key to unlocking bigger financial goals. And the best part? You can start shifting that belief right now.

 

Small shifts = big results

One of the most powerful things you can do to start improving your money mindset is to take small, intentional steps. You don’t have to leap into millionaire status overnight (although, wouldn’t that be nice?!). Start by identifying one small thing you can do today to start building evidence that change is possible.


Got an extra $50? Invest it. Feeling inspired to learn a new skill? Go for it. The key is to keep moving forward, even if it’s just a baby step.

 

Money is just a tool - not a magic wand

At the end of the day, money itself isn’t going to magically make your life perfect. It’s just a tool. Sure, it makes things easier (we all love a comfy lifestyle), but it’s not the be-all end-all.


Your overall happiness and success come from living with purpose, clarity, and alignment with what truly matters to you.

 

Rebekah King, 'The Brain Changer', holding a model of a brain and looking excited.

Time to untrain your brain

So, if you’re ready to start rewriting your money story, the good news is you don’t have to figure it all out on your own. Working with a coach can be a game-changer when it comes to shifting those deep-seated beliefs and building a healthier, more abundant relationship with money.


Book your free Connection Call with me to find out how I can help you shift your money mindset from one of scarcity to abundance and watch how your life changes.



Ready to take your money mindset to the next level?

Check out Episode 12 of The Brain Changers Podcast for a deep dive into transforming your relationship with money.

 

1 comment

1 Comment


I totally agree that thoughts about money have been a learnt behaviour through our parents, we have all heard "money doesn't grow on trees"

Like
bottom of page