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How I Changed My Money Mindset — And You Can Too
For decades, I told myself the narrative that I was a low-wage earner but at least I could be happy with roommates and budgeting.
I believed that although my earned-income level was and likely always would be low, I could budget and practice frugality — by having roommates, living without a car, making much of my food myself, even foregoing health insurance, and so on. Yet, only after I had a child did I realize more fully that money reflects value and not just labor. I realized as well that, contrary to my long-held belief that I’d always be tied to working for a living to make ends meet, I could make my money work for me and learn instead to work smarter, not harder.
Changing your money mindset is often a gradual process that involves intentionally reframing your beliefs and relationship with money, which strongly impact your financial behaviors and overall financial health. For me, changing my mindset around money meant that I had to stop seeing life with a scarcity mindset. This also meant that I had to save for many years and grow up a bit.
Though I went maybe 15 years in my adult life regrettably not investing, thinking that it wasn’t…
