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How Your Negative Beliefs About Money Keep You Broke…

In this blog post, I am going to share with you how your negative beliefs and ignorance are keeping you broke. After listening and studying to many successful people, I now understand the POWER of our thoughts, beliefs, and emotions. You can use them to your advantage or disadvantage.

If you’re not consciously applying your thoughts, beliefs, and emotions to your advantage, then you most certainly are to disadvantage and you don’t even know it.

Listen to successful people

Many of you probably already know that I am a big fan of T. Harv Eker. He is the author of the Secrets of the Millionaire Mind book. A few weeks ago, I was at one of his seminars, where they shared with the audience a series of beliefs that is actually holding people back from achieving their fullest financial potential.

So what I wanted to do here, is to share some of these beliefs with you. Your job is to rate yourself from 1 to 10 with regard to each of the following statements. If you choose 1, it means you 100% disagree with that statement. And if you choose 10, it means you 100% agree with it.

The limiting beliefs…

  • Money is the root of all evil.
  • It’s more enlightened to be poor than rich.
  • Most rich people probably did something bad or dishonest to get their money.
  • Having a lot of money would make me less spiritual or pure.
  • Getting rich takes too much work and struggle.
  • Having a lot of money is a big responsibility.
  • I don’t feel “good enough” to be rich.
  • Realistically, chances are I’ll never be rich.
  • Getting is a matter of luck or fate.
  • Getting rich isn’t for people like me.
  • Striving for wealth won’t allow much time for anything else in life.
  • To be rich, you have to use people and take advantage of them.
  • If I get rich, everyone will want something from me.
  • If I get rich there are certain people in my life who won’t like it, or me.
  • If I have lots of money, it means someone else is going to have less.
  • Having excess money means you are greedy.
  • I’m not very good in the area of money and finances.
  • If I get a lot of money, I might lose it.
  • If I really strive for the wealth and don’t succeed, I feel like a failure.
  • I have the potential for wealth, all I need is a break.
  • This just isn’t the right time for me to start “going for it” financially.
  • I don’t really want to be wealthy.
  • Money isn’t really that important.
  • You can’t strive for wealth and be happy and fulfilled at the same time.
  • Money can cause a lot of problems.
  • It’s not right to make a lot more money than my parents.
  • You can’t get rich doing exactly what you love.
  • Trying to earn money is a hassle and a struggle.
  • It takes money to make money.
  • Etc… hopefully you get the picture!

The list goes on and on and I do want to thank Peak Potentials for putting such an amazing list together. Actually, in total, they had over 70 statements of limiting beliefs. I hope that you really went through this list and at rated yourself. Because if you do, then you have the potential for growth. This could be what is limiting you from achieving what you want.

Can I guarantee you success?

You might be saying well what guarantee do I have that if I do change my beliefs that I will actually be wealthy? The answer is:

“The only guarantee that you have in life is that if you continue to believe, do and feel what you have been believing, doing and feeling for the last five years, then five years from now you are going to be where you are today.”

If you are happy where you are today, then good for you. But if you’re not, then you need to change. In order for experience to change, then the way you think and behave needs to change first. To conclude this blog post, I would like to cite one of my favorite quotes by Benjamin Franklin:

“If you think education is expensive, try ignorance.”

What I am encouraging you to do is invest in your education. This could be a personal development book, seminar, coaching session, whatever you need help with, go spend some money on it. And I’m not necessarily talking about college education.

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To Your Success,

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14 Responses to How Your Negative Beliefs About Money Keep You Broke…

  1. David Sharp August 18, 2012 at 8:39 AM #

    Another great post as always John, and I have had to change my own past beliefs in order to open the door for success to enter. I have to admit I did skip past your list of limiting beliefs because I didn’t want them in my head.

    I’m just getting to know Harvey T Elker myself, great guy.

    Dave

  2. Marilyn Arriaga August 18, 2012 at 8:59 AM #

    Thank you for sharing this powerful wake up call to many!

    Actually a couple of those things I have a negative belief in so now that I admit to it I now have the power to change it.

    • John Moussan September 14, 2012 at 10:24 AM #

      Thanks for dropping by Marilyn. Yes sure is, everyone is guilty of some. Awareness is key.

  3. Juli Becker August 18, 2012 at 12:15 PM #

    I love this post, John. I have struggled all my life with proper money mindset, so a lot of these limiting beliefs are familiar to me. The key here is that they are limiting. As I learn to let go of each one, I feel the weight lifting. And I look forward to maintaining a healthy mindset for the rest of my life.

    Thank you for this valuable post!

    Juli

    • John Moussan September 14, 2012 at 10:24 AM #

      Well done Juli. I think most if not all people are guilty of that and the point is to overcome and move forward.

  4. Viola Tam August 27, 2012 at 7:28 PM #

    Hi, John,

    Great insights! I love these statements. I can certainly help us to check if there are still blockages that needed to be cleared.

    I love the “Can I gaurantee you success?” part. We all know that we are the ONLY one responsible for our success. What I normally reply to this question with this answer: Absolutely not! However, I am happy to carry 50 bricks. Are you going to carry your 50?

    First, get the Millionaire Mindset. Then, do the work. Stay focused. Success is a Journey. It is totally predictable from Day 1. Those people who leave the journey early because of their own personal blockages or excuses. Anyone who truly desire success have success!

    Thanks, John!

    Viola Tam

    • John Moussan September 14, 2012 at 10:23 AM #

      Love your reply… are you ready to carry your 50 bricks!

  5. Alan Turner August 28, 2012 at 1:14 PM #

    John, a list that rings true to many people. The second you say “I can’t afford that” is the second you can’t!

    What people need to get into the habit of doing is converting their limiting beliefs into enabling beliefs, and using the above as an example, the correct format of this would be”How can I afford that?” This will then allow your mind to actually switch on its fantastic search function and you will find a way!

    Great post!

  6. Jamella Biegel August 29, 2012 at 6:03 PM #

    Hi John,

    That is an awesome quote by Benjamin Franklin. I will be posting this on Facebook!

    I read the list of limiting beliefs. I don’t agree with any of them except for one – if/when I get rich, there are some people who won’t like it or me. To that I say, so what?!

    • John Moussan September 14, 2012 at 10:22 AM #

      So what! “What other people think of me is not of my business” ~ can’t remember who said that

  7. Terry Petrovick August 31, 2012 at 6:50 AM #

    Great post John. That fact is we must protect our mindset and our thinking. When we get challenged we are most likely to go to the place of self doubt and worry.

    We all know this does not help us create the shift to a better life. Only through reading great books and following leader like yourself can we pull ourselves to the life successes we desire.

    Thanks for your steadfast leadership.

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