- Report this article
Avigyan Mitra
Avigyan Mitra
Public Equity Analyst | Insurance (Health & Term) | Personal Finance Planner
Published Apr 9, 2023
+ Follow
🚫💰 Identifying Limiting Beliefs: How to Overcome Negative Mindsets Around Money
We all have beliefs and attitudes toward money that influence our financial decisions and behaviors. But sometimes, these beliefs can become limiting and hold us back from achieving our financial goals.
Common limiting beliefs around money include "money is evil," "rich people are greedy," or "I'm not good with money." These beliefs can create a negative mindset that can sabotage your financial success.
So how do you identify and overcome limiting beliefs around money? Here are some tips:
👉 Start by becoming aware of your beliefs: Pay attention to the thoughts and emotions that come up when you think about money. Are they positive or negative?
👉 Challenge your beliefs: Ask yourself if your beliefs are based on facts or just assumptions. Are there examples of people who have achieved financial success without compromising their values?
Recommended by LinkedIn
👉 Replace negative thoughts with positive affirmations: Instead of saying "I'm not good with money," try saying "I am capable of learning how to manage my finances."
👉 Seek out support: Talk to a financial coach or therapist who can help you identify and overcome your limiting beliefs.
Real-life scenario: Sarah grew up in a family where money was always a source of stress and conflict. As a result, she developed a belief that "money is the root of all evil." This belief caused her to avoid thinking about money or planning for her financial future. But after attending a financial seminar, she realized that her belief was holding her back from achieving her goals. She began to challenge her negative mindset and replace it with positive affirmations. With the help of a financial coach, she learned how to manage her finances and started to see real progress toward her financial goals.
Remember, identifying and overcoming limiting beliefs around money is a process. But by becoming aware of your negative mindset and taking steps to change it, you can create a more positive and empowering relationship with money.
Share your own experiences with limiting beliefs around money in the comments below! 👇
Investment Satsang
Investment Satsang
2,988 followers
+ Subscribe
Like
Celebrate
Support
Love
Insightful
Funny
3
2 Comments
NAZEEB YUNIS
Environmentalist, Ecologist, IFoS aspirant
5mo
- Report this comment
I have strong negative mentality about money. I have no money mindset that sucks my life. Pls help me to get out from this.
1Reaction
CHESTER SWANSON SR.
Next Trend Realty LLC./ Har.com/Chester-Swanson/agent_cbswan
1y
- Report this comment
Love this.
1Reaction 2Reactions
See more comments
To view or add a comment, sign in
More articles by this author
No more previous content
- Apollo Hospitals Aug 23, 2024
- Hero MotoCorp Q1FY25 Earnings Call Aug 23, 2024
- FSN E-Commerce Ventures Limited (Nykaa) Aug 23, 2024
- Engineers India Q1FY25 Earnings Call Aug 17, 2024
- SAIL Q1FY25 Earnings Call Aug 17, 2024
- Kaveri Seeds Q1FY25 Earnings Call Aug 17, 2024
- Medanta Hospitals (Global Health) Q1FY25 Earnings Call Aug 17, 2024
- PB Fintech (PolicyBazaar) Q1FY25 Earnings Call. Aug 17, 2024
- Blue Star Q1FY25 Earnings Call Aug 16, 2024
- Key Takeaways Aug 11, 2024
No more next content
Sign in
Stay updated on your professional world
Sign in
By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy.
New to LinkedIn? Join now
Insights from the community
- Public Speaking How can you use persuasion to encourage financial responsibility?
- Financial Management What do you do if your financial decisions are influenced by emotions?
- Financial Services You're navigating market turbulence. How can you keep your eyes on long-term financial goals?
- Economics You're facing economic uncertainty. How can you navigate unexpected changes in the market?
- Economics How can you effectively nudge people towards better financial decisions?
- Operational Planning You're facing financial uncertainties due to market fluctuations. How will you steer through the storm?
- Financial Services You're facing economic uncertainty in the financial services sector. How can you reassure your clients?
- Financial Management What do you do if your financial decision-making is influenced by emotions?
- Business Management What can you do to stay positive and motivated during financial hardships?
- Financial Management What do you do if your emotional intelligence is tested in difficult financial situations?
Others also viewed
- Stressed about Money? Here's What Will (and Won't) Help Benjamin Le Fort 5mo
- Overcoming Shame and Fear with Your Finances Tom Gartner, MSAPM, CFP® 5y
- Top 7 Limiting Beliefs Around Money……Which One Is Yours? Marisa Punshon - Money Coach 5y
- It is an emotional affair after all... Fa Sy 9y
- MONEY AND OUR EMOTIONS!!! Momodu Abdulahi 2y
- What are Your Money Fears? Dexter B. Jenkins 1y
- Thinking Differently About Money Dawn Dahlby, CFP®, BFA® 2y
- Do You Understand Your Emotions About Money? Justin Goodbread 8y
- How Your Mind Thinks About Money Rumi Yeo 1mo
- 5 States of Investor Emotions...Understanding Your Behavior Pattern When Investing Stephen K. Davis 8y
Explore topics
- Sales
- Marketing
- IT Services
- Business Administration
- HR Management
- Engineering
- Soft Skills
- See All