These Words Will Keep You Broke | Adopt An Abundance Mindset
In this episode, we dive into the transformative power of adopting an abundance mindset. Learn how shifting your perspective can unlock opportunities, attract success, and help you achieve your financial and personal goals. We’ll break down practical strategies to cultivate positivity, overcome limiting beliefs, and embrace a mindset that empowers you to thrive.
How to Attract an Abundance Mindset
We all have a running internal dialogue—a constant stream of thoughts and phrases we repeat to ourselves throughout the day. Whether we realize it or not, the specific words and language we use in this internal dialogue are shaping our mindset and reality, especially when it comes to money and abundance.
Limiting Phrases That Block Abundance
Certain common phrases that we mindlessly repeat are actually programming us for scarcity and lack rather than prosperity. Let’s explore three examples of these limiting abundance phrases:
1. “I Can’t Afford It”
This phrase immediately shuts down any possibility of having or acquiring something. It’s a statement of definite lack and limitation. Whenever you say “I can’t afford it,” you are affirming a poverty mindset and the belief that you don’t have enough.
2. “Money Doesn’t Grow on Trees”
This expression implies that money is scarce and limited—that it’s something you have to struggle, strive, and fight for rather than allowing it to flow easily into your life. It sets up a mindset of lack around money.
3. “I’m Broke”
Declaring “I’m broke” is a surefire way to keep yourself stuck in a cycle of poverty and struggle. When you declare yourself as broke, you identify with and embody the state of having no money. You quite literally become the thing you say you are.
A scarcity mindset can be detrimental to your finances and overall well-being. I grew up in a household where my family always spoke about money with a sense of lack or fear.
Reprogramming For An Abundance Mindset
The good news is that you have the power to reprogram your mindset for prosperity simply by upgrading the words you use. Let’s explore empowering alternative phrases to replace these limiting ones.
The Power of Focus
“When you constantly focus on what you lack, you create more lack. When you focus on what you desire, you create more abundance.”
Focusing on what you don’t have reinforces feelings of scarcity and inadequacy, leading to negative emotions such as frustration, jealousy, and despair. Studies show that constantly focusing on what you lack can create a self-fulfilling prophecy where your actions and attitudes match your thoughts, keeping you stuck in the same place.
Conversely, when you focus on what you want and visualize achieving your goals, you develop a mindset of abundance. This positive focus boosts proactive behavior, creativity, and problem-solving. If you concentrate on building wealth, you’re more likely to spot and seize financial opportunities, whether through investments, career growth, or new business ventures.
More Is Not Always Better
A common misconception is that more is always better. This mindset keeps you on a perpetual hamster wheel, always chasing the next big thing. It’s addictive, and no matter how much you achieve or acquire, it never feels like enough.
Here are some steps I used to shift my mindset away from equating “more” with “better”:
Eliminating “Can’t” from Your Vocabulary
One crucial phrase to eliminate from your vocabulary if you want to embrace an abundance mindset is “I can’t.” Changing this to “How can I make this happen?” shifts your perspective from one of limitation to one of possibility.
If you believe you can’t, you probably can’t. But if you believe you can, at a subconscious level, you will put yourself in situations to succeed.
Rewriting Your Money Scripts
If you grew up hearing things like “you suck at saving money” or “we can’t afford that,” these statements create deep money scripts within your subconscious. These scripts shape your beliefs and behaviors around money, often holding you back from financial success.
Changing Your Self-Talk
The first step in reprogramming your financial mindset is to become aware of your negative self-talk and challenge those limiting beliefs. For instance, instead of saying, “I’m terrible with money,” try saying, “I’m learning to manage my money better every day.”
Empowering Alternative Phrases
Instead of saying “I can’t afford it,” try asking yourself “How can I afford it?” or declaring “I choose to save at this moment.” This subtle shift opens your mind to finding solutions instead of accepting limitations.
Rather than repeating the scarcity mantra “Money doesn’t grow on trees,” affirm the abundant mindset by saying “Lots of money comes to me easily and frequently.” Finally, instead of identifying as “broke,” reframe it by stating, “I’m a great saver and I do my best every single day.”