How many times do we feel we don’t have what we want in our life? We find that it’s in lack, and we feel our existence for it lacks. How often do we find ourselves thinking about money and for many of us, the scarcity of it? Based on the first question, I would venture to guess, probably pretty often! It’s always in our face…paying bills, car repairs, home repairs, saving money, cutting expenses, you name it, it’s all around us all the time. And because it’s all around us and in our faces so much, it can often times feel like it’s never enough or at best just enough, so we try not to think about it and ignore it the best we can. Not paying attention to our finances, no matter how dire they may be, will never be the way out. A money focused mindset is what needs to be in place if we’re going to get on track with our finances and our financial situation.
Are You Ignoring Your Money?
When it comes to your finances, being money focused is essential. And just to be clear, having a money focused mindset isn’t about being greedy. Any successful investor will tell you fear and greed are the two biggest enemies when it comes to money, so greed is not at all part of the equation in the quest for financial freedom.
Having a money focused mindset is just that…focusing on your money! Aside from burying your head in the sand and ignoring your money, you can also choose to focus on how much you don’t have. When you do that, it will only give you more of what you don’t want…which is not having enough money! That’s always a good way to sabotage your efforts of improving your financial situation.
“If your goal is to be comfortable, chances are you’ll never get rich. But if your goal is to be rich, chances are you’ll end up mighty comfortable.” – T. Harv Eker
Or, on the flip side of that, you can choose to focus on how to make more money and spend less frivolously. A money focused mindset pays attention to your money and your financial situation, it looks at ways to increase your income, it looks at how you spend your money, and it even looks at how you spend your time. Having that focus allows you to have more of an awareness of your financial conditions.
The more aware you are about how you make your money, how you use your money and how you spend your money, is what will get you ahead of your financial game. Remember, there is no limit to how much you can save if you can continue to increase your income. By becoming more money focused is where it all starts!
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