6 Steps To Expanding Your Money Consciousness

I found this great article and had to share it with everyone, written by Steven Aitchison (author and entrepreneur). I have altered the article slightly where required.

Many of us go through our lives with a poor money consciousness, meaning we think about the lack of money more than we think about the abundance of money. We have been brought up to believe certain things about money which in turn holds us back from receiving more money in our lives.

Beliefs such as ‘The rich get richer and the poor get poorer’, ‘Another day, another dollar’, ‘Money is the root of all evil’, ‘more money, more problems’, and I am sure you can think of a lot more of these beliefs.

These types of beliefs have been ingrained into our subconscious minds and actually prevent us from having the money we deserve in life. The thing to do here is to expand your money consciousness and therefore change your beliefs about money and bring more of it into your life.

How can expanding your money consciousness bring more money?

Think about it for a few minutes. If you truly believed that there is enough money to go around for everyone, and there is, would that help you feel better about making money. If you actually admired wealthy people for their business savvy or their entrepreneurialism, instead of saying things like ‘the rich get richer…..’ ‘they’re probably corrupt’ or words to that effect. There’s many beliefs that we have that hold us back from having more money in our lives.

Having more money gives us more choices in life. It won’t buy you the things that are truly important in life like happiness, a great family life, true love, passion, knowledge, respect and inner peace, these things we have to work on separately whether we have money or not. But, having more money does give you more choices.

An example of this is a friend of mine who helps clients get a higher salary in their jobs or helps them move to a career with more salary, often $30,000 – $50,000 per year more. She used to charge around $997 for 1 -1 coaching for about 10 sessions. When she expanded her money consciousness and realised her knowledge was worth way more than that, she started charging $6,000, and her client list actually increased as a result. Your knowledge and your skills are worth so much more than you believe just now, so isn’t it time you expanded your money consciousness.

6 Steps to Expanding Your Money Consciousness

1. Get the facts

Around 3 billion of the world’s population live on less than $2.50 per day, and 80% of the world’s population lives on less than $10 per day. So what! Well doesn’t it make you appreciate a little what you have right now.

You’ve got to start appreciating what you have just now instead of dwelling on what you don’t have. You might not be rich just now, but always thinking about the money you don’t have actually holds you back from getting more. Focus on what you do have and you’ll receive more of what you truly want. This was a huge lesson in my life, and believe me it really does work.

2. Use a money mantra

A money mantra is something you mentally say to yourself every time you spend money, doesn’t matter if it’s 50 cents or $50, every time you spend money say a mantra that will expand your money consciousness. You can use mine or use your own. Here is mine: More money is coming to me so every time I spend money in a shop, online, or pay a bill my mind now automatically says More money is coming to me. It feels a little weird at first, as you don’t really believe it, but the more you do it, watch out for some amazing results.

3. Spend more time with people who have an abundant mentality

The people we spend our time with day in and day out actually do have an effect on us. Their energy mingles with our energy in some way which does affect the way we think. Imagine going to work every day where everyone at work constantly complains about the government stealing from them, how the tax man always gets them, how the rich are just a bunch of (insert your own expletive here), that is bound to have an effect on you.

You might not know any rich people or people who have an abundant mentality, but you can join a group in your local area who meet to talk about business, about making money, about developing themselves in some way. Spending time with these people actually raises your money, mind energy, and gets you started with having an abundant mentality.

4. Have a luxury fund

Your luxury fund is something you save up for to do something that you feel is a luxury, like going out for a lavish meal with your partner, spending money on that Armani tie, or the Jimmy Choo shoes, or a book. When you get used to spending money on luxuries, you’ll no longer feel guilty about it and stop the scarcity mindset you might have. How many times have you had buyer’s remorse when you’ve spent money on yourself. I still get it from time to time, I spent £140 on books a few months ago and thought I could have spent that money on my sons or took my wife out for a meal, then I checked myself: I deserve that little luxury for myself.

You totally deserve luxuries in life, everyone does, and if you work hard, set up a fund to treat yourself every month or every two or three months.

5. Build up your knowledge

Reading books, going to seminars, watching online training on how to make your money work for you, how to invest, how to make more money etc will expand your money consciousness as well. You’ve got to build up your knowledge about how you want to make money whether it be starting a flower shop, starting an online business, or starting a charity you’ve got to equip yourself with the knowledge.

If you attend seminars you get to hang around people who have the same mindset as you and therefore you make it more likely that you will get that business off the ground, write that book that will make you enough money to give up the day job, start that online business you’ve always spoken about. Your money consciousness is always raised when you expand your knowledge.

6. Think bigger

A few years ago I wanted my own business (online making my own personal development products and writing) and to work on it full time instead of part time which I had been doing for the previous 5 years. Then I set myself a goal of getting $30,000 in sales in the first year, which would just get me by and no more. In the first year I made $30,000 in sales. I thought about this and said okay next year I want to double that and make $60,000 per year in sales, sure enough I made $65,000 in sales. The next year I set myself a goal of getting $120,000 per year in sales and guess what, I had my first 6 figure year in sales. I then set a  bigger goal – sales of $250,000 – I haven’t a clue how I am going to do that, but that is my goal. I now have a network of people I know and regularly speak with who bring in $1 Million to $10 million in sales, so my money consciousness is expanding all the time.

I am truly using that as an illustration to show you what is possible with the power of your mind and your beliefs, I’m not just telling you to be a bit of a dick.

When you set the higher bar higher you automatically raise the lower bar higher.

What I’ve learned over the years is that earning money is not the hard part it’s the belief that bringing more money into your life is possible, if you don’t believe it, it will never happen.

What a great article.

So, the key is not to limit your thinking and always ask ‘how can I do that’ and not say ‘I can’t do that’.

If you are interested in exploring your property investment opportunities? Connect with us now. Always review any property investment strategy, location research, and investment analysis data with a professional – we are a Qualified Property Investment Advisor (QPIA®) with the Property Investment Professionals of Australia (PIPA Member) and qualified & accredited with the ASPIRE Property Advisor Network™. What that means for you is that we have the highest accreditations in Australia in regards to wealth creation via property investing.

Contact us to find out how we can work with you to achieve the above and have more choices in life.