Rewiring Money Beliefs for Success
One of the biggest challenges people face is transforming their beliefs about money. This challenge is something I’ve noticed in my clients and my own life.
As a former financial writer for eight years, I’ve seen the conditioning many people have about money. Our subconscious minds are often filled with limiting beliefs passed down through society. Recently, I witnessed this firsthand while training clients in our Effortless Revenue Mastermind program. The more we worked on their money beliefs, the quicker they saw results.
Common Money Beliefs That Hold You Back
Below you’ll find a list of the most common money beliefs we’ve seen over the years.
Fear of Parting with Money
People, especially non-entrepreneurs, often spend more time questioning their decisions and seeking validation from others rather than doing the actual work. This behavior is rooted in a fear of parting with money—a limiting belief that stems from the conditioning of trading time for money.
Money and Hustle Culture
There’s a prevalent belief that making money requires hard work and sacrifice. Many think that to succeed financially, they must grind themselves into the ground. This mindset was something I had to overcome. By shifting my belief that money could be earned more sustainably, I started to achieve better results with less hustle.
How to Change Your Money Beliefs
Below you’ll find a quick guide on how to start shifting your beliefs on the spot.
Step 1: Identify Your Limiting Beliefs
We all have limiting beliefs about money that need to be identified. For example, I once believed I wasn’t supported, which affected my ability to manage and grow my finances effectively. When I rewired this belief, I found support in unexpected places, like my fiancé, who helped me streamline my finances.
Step 2: Question Your Assumptions
Often, we make incorrect assumptions about what’s required to achieve our financial goals. For instance, I thought I needed a complicated business model to live and work in other countries. However, simplifying my business made this dream more attainable.
Step 3: Shift Your Focus
Instead of focusing on debt, stress, and worry, shift your attention to making more money. This change in mindset allows you to open up to new opportunities and possibilities.
Building Empowering Money Beliefs
o overcome limiting beliefs and rewire your subconscious mind, you need to become aware of when you’re in a state of fear or anxiety about money. Once you can recognize these thoughts and emotions, you can begin to separate yourself from them and shift your perception.
A technique that I teach involves taking a pause when you feel overwhelmed. This pause allows you to distance yourself from unhelpful thoughts and emotions, giving you the space to create a new, empowering belief. For example, if you believe making money is hard, start to find evidence that it can be easy.
Real-Life Application
One of our clients had a belief that making money was hard. However, she was already in a job that paid well and required minimal effort, giving her plenty of time to work on her business. By recognizing this evidence, she shifted her belief to “making money is easy,” which transformed her approach to business and life.
Conclusion
Changing your money beliefs requires consistent effort and self-awareness. By identifying your limiting beliefs, questioning your assumptions, and shifting your focus, you can rewire your subconscious mind to achieve financial success.