Finances: A Rich Mindset

• A Rich mindset is the money consciousness that seems to be the common thread among wealthy people, whether they come from a wealthy or poor background. Ellesse Chow, in How To Acquire A Wealthy Mindset in 5 Powerful Steps, says that regardless of the physical condition that you may currently be in, so long as you see yourself bathing in financial abundance, your actions will manoeuvre in a way to manifest the wealth that you see yourself enjoying in the first place. If you possess the wealthy mindset, your endeavours will acquire the Midas’ touch. Chow’s five steps are Eradicate Your Limiting Beliefs About Money, Decide You Want to Be Wealthy & Justify Why, Determine How Much Do You Want, Brainstorm On How to Get There And Imagine As If You Already Have It. • The starting point in changing your mindset involves making a seismic shift about what you think about money. If you think you don’t deserve to be rich, you will never be. But again do not become a slave of money. Money should be an accessory that makes your live easier, not one that puts you on the work guillotine. Believe that you deserve wealth. You have to believe that you deserve it. If you don’t believe, you will overlook untold opportunities. If you don’t believe you deserve wealth, you will sabotage your own efforts. If you want to attract wealth but don’t believe you deserve it, it’s like driving a car while accelerating and breaking at the same time. Be on the look out everyday about other people’s good ideas. See the gold behind simple successful businesses. Try to look at simple problems people go through everyday and allow yourself some thinking time to generate ideas, think solutions. Believe in the paradigm that nothing is impossible. Organize your life to matter more to others. The more you make your time and life valuable to others, the more wealth you will have. Develop more valuable skills, network more with high achievers, and focus on serving people. Think about passive income – money which you work for once and it keeps coming and coming even after you die. Some people think their jobs are their life until they get sacked or retire. The real rich people have real estate that pays them rent forever, authors who write books receive royalties continuously, entrepreneurs develop brands that outgrow them and continue forever – think Coca cola, Google, Apple, LG, Toyota etc. If you income model depends on selling time in exchange for money, your income is limited because your time is limited. Visualize wealth. Visualize yourself making lots of money and total financial abundance flowing toward you. Think positive. Protect your mind from mental garbage. Only allow ideas into your head that are fruitful. If you fill your head with Nigerian films you better think of how Nigerian films will develop yourself or else stop watching them, because they become garbage. They say, garbage in – garbage out. Great ideas will yield great results. Monitor your internal dialogue and monitor what other people are saying to you, especially regarding money matters, finances, and wealth. If they’re dead broke, run away as fast as you possibly can. If they’re mega-wealthy, pay attention and hang on their every word! Ends

Lifestyle

Finances: A Rich Mindset