Tips for Change Poverty Mindset?

Hi All,

I hope you have all enjoyed the holidays. We are back to it. What is going on? how are you doing? Have you reset your goals? Planned new ones. I am here to help, just reach out to get started.

Lets jump right in and get to these tips for change!

What is a Poverty Mindset?

Maybe you’ve been told that you have a poverty mindset, or you think somebody else has a poverty mindset and you want to find out more. We’ll consider what a poverty mindset is, its problems and challenges and how you can start to change your mindset.

Money mindsets
Everybody has a money mindset. We all have opinions, beliefs, values and ideas when it comes to money. Some of us believe that we will make it big and will become rich, while others believe we will always be at the bottom and struggling to make ends meet.

Poverty mindsets
A poverty mindset is the belief that things are scarce, you never have enough and maybe it’s all your fault. This encourages a generally negative view of life as a whole, and can have a detrimental impact on your earnings and outgoings. People with a poverty mindset tend to believe that being conservative with their money is necessary since they are bound to be struggling for money all the time. In some cases, poverty is a sad reality, but for those not in poverty but experiencing a poverty mindset, it isn’t a healthy position to be in.

How to deal with a poverty mindset
You can deal with a poverty mindset, or offer advice to somebody struggling with a poverty mindset. Confront your poverty mindset and accept that it’s a problem. Once you’ve taken this first step, you can start to change your views and understand why you thought like that in the first place. This is sometimes due to upbringing and childhood, long-term partners and friends or bad experiences.

Making better decisions with a poverty mindset
Those with a poverty mindset will make decisions such as buying the cheapest food, or waiting until items are on sale. Buying cheap items rather than investing in better quality items which will last longer is another problem which often occurs among people with poverty mindsets. Instead, start to research items or foods which are better for you and will make you feel better and happier in the long term.

It’s possible to get out of a poverty mindset and change your money mindset to something more positive. Once you do this, it will have implications for other areas of your life. You might start to buy yourself the things you need, and you may even find yourself earning more money long-term.

We have many more services to offer and I hope this has helped you in some small way. I would welcome you to join me as my client. Let’s connect soon. I love to talk.

I Help you create a clear plan to turn your dreams and goals into reality. To take consistent, productive action on your goals, Improve the goals when necessary and overcome any setbacks or obstacles that appear along the way. I want to be your your accountability partner. https://timfthomas.com/life-purpose-coaching/

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