Financial success starts in the mind. So even if you have the right knowledge and all the skills in investing, but if your mind is not set for financial success, you’re going to face real challenges in growing and keeping your savings and investments. Some people wait to start saving until they have some extra money lying around. Their excuse: “Not enough money”. Remember, the present state of your bank account, or your investments, or your work and your income, is just a physical manifestation of your thinking. And if you’re not satisfied with the results you are getting and wish to improve or change those results, you have to change your thinking, your beliefs. If you want to see some changes, first, you will have to identify your negative and limiting beliefs you may have about money and success and change them immediately. One of my favorite authors said in his book, “It’s not what we don’t know that prevents us from succeeding; it’s what we know that just ain’t so that is our greatest obstacle.” Another example is some people always say “You have to have money to make money”. The problem is not the lack of money, it’s our thinking, the limitation we put on ourselves. We have to change those negative beliefs. We should be positive and comfortable when it comes to money and success.

Some of those limiting beliefs are:

Money is the root of all evil
Money doesn’t grow on trees
You have to have money to make money
Rich are getting richer, the poor are getting poorer
Everyone can’t be a millionaire
Rich and successful people are greedy
Rich people only care about money
Rich are selfish and celf-centered
People with money are evil, bad, and unethical
Money can’t buy happiness
If you are rich, you can’t be spiritual
Save your money for a rainy day
You have to work hard to make money
Money talks
Investment? that’s not for people like us
We can’t afford it
Rich people are criminals