6 Negative Money Beliefs And Their Helpful Alternatives
Negative money beliefs are especially damaging. Negative beliefs will STOP you from taking the NECESSARY ACTION to achieve financial stability? and abundance! Recognizing these beliefs and adopting more useful alternatives can bring about financial change.
Negative money belief #1: “I’ll have time in the future.”
There’s never a time like the present to deal with debt or start saving for retirement.
Helpful Alternative?
Time is money. The sooner I get started, the better.
Negative money belief #2: “I can’t get out of debt.”
That’s rarely true. Getting out of debt can take more time than getting into debt, though. With a good plan and reasonable spending, most debt can be overcome quicker than you think.
Helpful Alternative?
I can overcome my debt with an effective plan, hard work, and patience.
Negative money belief #3: “I’ve never been good with money and I never will be.”
You probably weren’t very good at riding a bike initially, but you learned. Financial expertise and skills can be learned by anyone.
Helpful Alternative?
I can acquire the necessary knowledge and skills to be financially successful.
Negative money belief #4: “I don’t earn enough money to save anything.”
Pay yourself first, even if you can only save $5 each week. When saving becomes a habit and a priority, you’ll find a way to save more.
Helpful Alternative?
I can always find a way to save part of each and every paycheck.
Negative money belief #5: “I’ll never enjoy a large income.”
Your income is determined by what you do, not by who you are. A large income is available to all.
Helpful Alternative?
My income is determined by the value I provide.
Negative money belief #6: “Money corrupts people.”
It would be more accurate to state that money gives people the opportunity to be corrupted. Money reveals the truth.
Helpful Alternative?
I am the same person, regardless of how much money I have.
Replace your negative money beliefs with more helpful alternatives. This is the first step toward financial abundance.
Get started today!
Avoid frustration and approach one belief at a time.