Have you ever noticed your family circumstances influence how you think about money? Working with clients, I’ve noticed that there are beliefs they often have that come from their parents.
Their parents have habits from when they grew up (we’ll never be rich), how their parents acted while they grew up (mom or dad were spenders or savers), or the experiences they had while they grew up (short on cash, etc.). It affects their belief system today, even though that was a long time ago. It’s kind of like the baby elephant that is chained when it’s small, and still believes it can’t break the chains when it’s an adult. Because it’s ingrained in our subconscious, we’re not even aware of it, but it is expressed in our lives, because what you believe about wealth inside is what you will create in your life.
Napoleon Hill first taught me this when I read Think and Grow Rich. I was about 10 years old. I was a swimmer and my coach used to quote from the book, “Whatever the mind can conceive and believe, it can achieve.” I found that to be true in sports. Later when my Dad died and I quit my job, I was without an income for a year at age 27. I sat on the couch and tried to visualize being rich in order to create it. A pile of cash didn’t appear, but looking back, I had offers come to me that I turned down because I didn’t realize something really was happening from the visualization. I was writing a novel and an agent volunteered to work with me. I had a call offering me the opportunity to plan a big conference. I turned down these things because I had subconscious blocks that didn’t allow me to see The Next Step had appeared before me. I was so closed minded, I couldn’t believe I was a good enough writer or that I could produce the conference.
In hindsight, I can see when I finally allowed God or the Universe to give to me, and I believed I would have what I visualized, only then was I able to move forward and become a millionaire. It was at my pace, which was slower than if I had been more consciously aware of the process like I am now. It would have been a much faster pace, had I been able to receive and believe at the same time. This is why I begin the wealth program I teach with a Wealthy Mindset. Because after being in the investment industry over 25 years, I can see wealth starts way before you make an investment. It starts with what you believe you can achieve. I see this more clearly now that I’m an entrepreneur.
Things are now appearing before me exactly as I am envisioning!
Recently there was an article in the paper about concert promoter Jerry Weintraub. He said he has had many rather mystical experiences in his life, that could seem like coincidences, but he believes they were because of a higher power. Like the time he met with movie executives who were looking for a script like Ocean’s Eleven. He knew writers who had written the perfect script. The next day they were coincidently seated next to him at a restaurant. “I cannot tell you how many hundreds and hundreds of times this has happened to me,” he says. It may sound woo-woo, but it works!
So here are some ideas for helping you to understand the money beliefs in your subconscious for yourself:
1. Think about your family life as a child. What did your parents tell you about money? How did your mom and dad act with money? Were they savers or spenders? How financially successful were they? Why?
2. Look for a relationship between what your parents believed and what you believe. How they acted with money and how you act with money. See any similarities?
3. Here’s an off the wall question. What brands are you drawn to for cars and clothing? What do they have in common? Do they fill a financial need or want you have?
4. What do you believe about money? How much do you see yourself having?
5. What limitations do you see for yourself? Why? What’s standing in your way?
I could go on with questions that will enlighten you about your conscious and subconscious money beliefs, but I’ll stop here. Realize YOU are in control of your finances and your financial future. YOU can create what you want, if you know what that is.
We’ll be exploring more of this in the Global Institute of Visionary Wealth’s teleclass series. I’ll show you how to know your subconscious limits and how to re-frame them so you, and not your subconscious, is in control. Having a written plan is the first step and we’ll be working on Drafting Your Personal Wealth Blueprint in the first class in July. Why not decide to make a change, invest in yourself, and join me?
To get started, click here: https://lindapjones.com/members-benefits/
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Good information about money and our mindsets about it. And good questions for reflection, too!
Sue Painter
Linda,
Having a healthy wealth mindset is so important and it’s true that we gravitate or are likely to adopt the same relationship with money that our family has. I don’t think enough people really work on this aspect of their life to allow positive change (and big bills, too 😉 ).
Write on!~
Lisa
a wealthy mindset is like the foundation~ makes so much sense!
I just heard a whisper of a dream….
imagine if kids received the training and exposure of a wealthy mindset all through school, our whole world would be different.
I wonder if you’ve ever considered creating a product that parents could do with their kids to develop a wealthy mindset (they would be investing in themselves and their kids future)
You are so right! I’m going to put something together to help families have a wealthy mindset. Thank you for the great feedback and idea!
Linda
I’m with Laura Linda, a family wealthy mindset program. Many times people will purchase for their kids rather than themselves and this would benefit both.
This is a really good article. It is sooo true that we perpetuate the subconscious mindset from our families. The questions are bang on too!
Good stuff
Lynn
Isn’t it amazing how much we absorb from our family and carry into adulthood without even realizing it? I’m going to develop a family wealth mindset solution.
Thanks, Lynn!
Linda
A ‘teach your kids to be wealthy’ pack would be great for parents -as long as parents consciously modelled this. I heard recently that kids mindsets about money are ‘made up’ by the time they are 12 years old,and its all down to family influence. Quite sobering isnt it?
I agree that’s really needed. I’m starting to work on it! Thanks!
I became aware years ago that “if I said so” really had a huge impact on what happens around me. So, I practice being aware of what I say. Bringing those childhood conversations to light takes a little more effort, but it is well worth it.
Thanks!
Having a wealthy mindset is ESSENTIAL to having true wealth and enjoying it! Thanks for spreading the word! XO, Katherine.
Life Blossoming Systems
Very powerful article Linda. I’m still reeling from the prompted questions. Particularly this one –
“What do you believe about money? How much do you see yourself having?”
I have never thought about it. Is that odd? I’m going to give that one some thought today. Thanks again for your wonderful insight.
~Debbie
It’s not odd at all. A lot of people don’t think about money or think it “just happens to you” like the lottery. They don’t realize you decide how much you’ll have! 🙂
Great Post! Once you move from a poverty mindset to a wealthy mindset…it is amazing what can happen. So many people are completely mired in poverty mindsets and they wonder why they can’t get ahead!
Thanks for sharing!
Phil
Great post. It really does begin with the right mindset. I think it is a great idea to come up with a program for the younger kids to develop this mindset.
Thanks, Mitch
Thanks, Linda! You put these “spiritual” ideas in such a way that it can make sense to everyone – also, a great reminder for me!
Great Patricia! Yes, our subconscious is in charge and we have to address what’s in there that’s negative, before we can focus on the positive and build wealth!
Linda,
What an excellent article. The idea of a wealthy mindset is really a new concept to me and one I’ve been working on. I love Laura’s idea of having a series on how to teach your kids about the right mindset also. I certainly don’t know how to teach it and would be so grateful for such a seriues – both for my daughter AND for me! 🙂
Warmly,
Jessica