Scarcity to Abundance Mindset: 7 Shifts

Scarcity to Abundance Mindset: 7 Shifts

Want to change how you think about money? Here's what you need to know:

Your brain pumps out up to 60,000 thoughts daily - 80% negative. These thoughts shape every money choice you make.

Here are the 7 key shifts to move from "never enough" to "more than enough":

Shift From To
1. Fear to Action Freezing up Taking small steps
2. Stop Comparing Watching others Following your path
3. Practice Gratitude Focusing on lacks Noting what you have
4. Balance Money All save/spend Smart mix of both
5. Work Together Going solo Finding money buddies
6. Learn from Mistakes Beating yourself up Growing from slips
7. Plan Ahead Winging it Using systems

Quick Start Guide:

  1. Check your accounts right now
  2. Set a 15-minute daily money date
  3. Track every dollar for 7 days
  4. Find one money buddy

The best part? You don't need fancy tools. Start with:

  • A basic budget app (many are free)
  • Weekly account check-ins
  • Simple money tracker

Want to make this stick? Pick ONE shift. That's it. Start there.

"Your behavior follows your beliefs. Change your money thoughts, change your money life." - Rachel Cruze

Check Your Current Money Mindset

Your thoughts about money shape your financial life. Let's look at what's really going on in your head.

Signs You Have a Scarcity Mindset

Here's what happens when scarcity thinking takes over:

Sign What It Looks Like Impact on Money
Playing Catch-Up Can't keep up with bills Pay late fees, miss deadlines
Saying Yes to Everything Jump at any money offer End up with bad deals
Money Anxiety Check bank apps obsessively Keep cash idle, skip growth
Emotional Spending Shop to feel better Drain savings, build debt
Avoiding Money Talk Push off money decisions No plan for the future

The Price of Scarcity Thinking

When scarcity runs your money decisions:

Choice What Happens The Cost
Savings Hoard cash, feel guilty Miss investment returns
Investments Stick to savings accounts Leave money stagnant
Bills Hide from statements Rack up fees, hurt credit
Work Stay at low-paying jobs Leave money on the table

The Real Cost of Scarcity

"The more you believe in a negative thought pattern, the greater your disruption." - Evelyn Lim, Transformation Life Coach

Scarcity thinking hits your wallet AND your life:

  • Nights spent worrying about money
  • Investment opportunities passing by
  • Quick decisions that cost extra
  • Deals taken out of desperation
  • Zero long-term money strategy

Check Your Money Mindset

Look at how you think about money:

Topic Scarcity Talk Growth Talk
Bills "Never have enough" "I handle bills easily"
Saving "Can't spend a dime" "I save smart"
Income "Money's so hard" "Money comes to me"
Future "Always broke" "I grow wealth daily"
Support "All on my own" "I get help to grow"

Your brain pumps out 12,000-60,000 thoughts each day. Each money thought pushes you forward or holds you back. Pay attention - your thoughts show your current money mindset.

7 Ways to Change Your Money Mindset

Here's how to switch from "not enough" to "more than enough" thinking.

1. Turn Fear into Action

Most people freeze when it comes to money. Here's how to push past that:

Fear Action Step Money Win
Looking at bank accounts Check accounts every Monday Know your exact numbers
Starting to invest Put aside $50 monthly Get comfortable investing
Negotiating pay Write down achievements Walk in prepared
Setting big goals Create mini-steps See quick wins

2. Stop Comparing, Start Growing

Your money journey is YOURS:

Instead of Do This
Watching others spend Check your numbers
Following money trends Pick your own path
Using others' plans Make your own rules
Getting money FOMO List your wins

3. Practice Money Gratitude

"If you look at what you have in life, you'll always have more. If you look at what you don't have in life, you'll never have enough." - Oprah Winfrey

Do these quick checks:

  • List your income streams
  • Check off paid bills
  • Note new money skills
  • Spot money chances

4. Balance Saving and Spending

Mix protection with growth:

Area Smart Move
Paycheck 20% saves, 80% spends
Big purchases Sleep on it
Fun money Set it aside
Investing Mix safe and bold moves

5. Work Together, Not Against

Team up for success:

  • Join money groups
  • Talk goals with friends
  • Find an accountability buddy
  • Share money wins

6. Learn from Money Mistakes

Every slip-up teaches something:

Mistake Better Move Key Lesson
Paying late fees Set up autopay Systems win
Buying on impulse Wait 24 hours Patience pays
Signing bad deals Read everything Know the facts
Missing targets Check weekly Track it all

7. Plan Ahead for Success

The Ink + Power Rich Bitch Planner breaks it down:

When What How
Daily Build habits Log spending
Weekly Check goals Look at progress
Monthly See big picture Make new goals
Quarterly Plan growth Fix course

Pick ONE thing to change today. That's all you need to start.

Make These Changes Stick

Here's how to turn money management into a no-brainer daily routine:

Daily Money Moves

Time What to Do Why It Works
Morning Look at your accounts Know your starting point
After spending Write it in your Ink + Power planner Keep tabs on your cash
Evening List 5 money wins Build confidence
Night Pick tomorrow's spending cap Stop impulse buys

Weekly Money Tasks

Day What's Up Your Tools
Monday Check last week's spending Banking app
Monday Sort transactions QuickBooks
Wednesday Track goal progress Rich Bitch planner
Sunday Map out next week 50/30/20 template

Your Money Split

Here's how to divide your cash:

Bucket How Much What Goes Here
Must-Haves 50% Housing, utilities, groceries
Fun Stuff 30% Entertainment, eating out
Tomorrow 20% Savings, investments

"If you look at what you have in life, you'll always have more. If you look at what you don't have in life, you'll never have enough." - Oprah Winfrey

90-Day Money Plan

When What How
First 30 Days Watch Your Money Track spending, check accounts
Next 30 Days Cut Costs Drop 3 expenses, set up auto-pay
Last 30 Days Grow Money Put $50 in investments, build safety net

Make It Work:

  • Download EveryDollar for easy tracking
  • Find money buddies who get it
  • Pick a daily money check-in time
  • Tell each dollar where to go
  • Change ONE thing each month

Start with just ONE of these today. That's all you need to get going.

Helpful Tools and Resources

Here's what you need to track, plan, and grow your money:

Money Journal Prompts

These questions help you understand your money story:

Focus Question
Past What money messages did you get as a kid?
Present What makes you pull out your wallet without thinking?
Future How would financial freedom look for you?
Worries What keeps you up at night about money?
Wins What's your biggest money success?

Power Statements for Your Money

Start your day with these:

"Money comes to me from many sources" "I make good money decisions" "I learn from my money mistakes" "I'm building wealth my way" "I take money action every day"

Money Apps That Work

Here's what different money trackers do best:

App Perfect For Price
YNAB Detail-focused budgeters $14.99/month
Goodbudget Cash budget fans Free basic version
Empower New budgeters Free
Honeydue Couples Free
Empower Investment tracking Free

Physical Tools

The Ink + Power Money Planner ($41) helps you track:

  • What you spend
  • Where money goes
  • Where to invest
  • Money thoughts

Digital Money Tools

Tool What It Does Cost
PocketGuard Watches bills Free version
Simplifi Deep budgeting $3.99/month
Monarch Full money view $8.33/month
YNAB Zero dollar budgets $14.99/month

"No one goes broke from avocado toast." - Dana Miranda, Healthy Rich founder

Pick ONE tool and start there. You can add more as you get better at money management.

Common Problems and Fixes

Here's what to do when money gets messy:

Problem What to Do Now
Overspending Track every dollar for 7 days
Late Bills Set up autopay
Impulse Buys Use a 24-hour pause rule
Bank Statement Fear Monday account check-ins

Want to stop stressing about money? Start here:

Instead of This Do This
Ignoring your accounts Weekly money check-ins
Overworking Set clear work limits
Zero savings Start with $5/week
Solo money stress Join money communities

Let's talk about what's in your head about money. Here's what money coach Linzy Bonham says:

"Without identifying those stories that you have and updating them, they will continue to block you from feeling clear and confident about money."

Old Money Story New Money Story
"Can't save enough" "I'm saving what works now"
"Money is evil" "Money is just a tool"
"Bad at money" "Learning about money"
"Never enough" "Money comes and goes"

When money problems pop up, here's your game plan:

Problem Do This Now Then Do This
Scared to check accounts Look at one number Pick a weekly money time
Spending guilt Write why you bought it Create a spending map
Money stress Breathe deep 3 times List 3 money wins
Income fears Check last month's money Find one extra income stream

Need help tracking your progress? The Ink + Power Rich Bitch Planner ($41) includes:

  • Daily money checks
  • Weekly progress tracking
  • Monthly goal updates

"If you look at what you have in life, you'll always have more. If you look at what you don't have in life, you'll never have enough." - Oprah Winfrey

Pick ONE thing from this list. That's your starting point. Just one step gets you moving.

Track Your Success

Money tracking doesn't need to be complex. Here's what to focus on:

Money Change How to Track
Money stress level Score 1-10 weekly
Smart spending Count planned vs random buys
Savings growth Check monthly % saved
Money confidence List weekly wins
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See Your Progress

Here's how to spot real change:

Before After Check Method
Scared to check accounts Regular balance checks Weekly review
"I can't afford it" "How can I make it happen?" Journal notes
Running from money issues Taking small steps Progress log
No direction Clear money goals Monthly check

Numbers That Matter

Keep an eye on these each month:

Track This Why
% you save Shows you're building wealth
Debt payment Tracks freedom progress
Money sources Shows growth options
Investments Maps long-term success

Write Down Wins

The Ink + Power Rich Bitch Planner helps track:

Time Frame What to Note
Each day Smart money moves
Each week Better money habits
Each month Steps toward goals
Ongoing New money thoughts

"Your behavior will follow your beliefs, making it easier to stick to good habits. And over time, your entire perspective will change for the better." - Rachel Cruze, Financial Expert

Check Your Progress

Look at these weekly:

Focus Ask Yourself
Money thoughts How do I see wealth now?
Money habits Did I follow my plan?
New skills What did I learn?
Next steps What changed this week?

Think about:

  • Next year's money goals
  • Progress so far
  • Current savings
  • Ways to save more

Make It Work:

  • Pick a weekly money check-in
  • Write down wins
  • Focus on ONE key number
  • Connect with money-minded friends

Keep Your New Mindset

Area Daily Action Weekly Check
Money Habits Log into accounts Review spending
Mindset Work Express gratitude Track progress
Learning Read money tips Take a course
Support Text money buddy Group meetup

Build Strong Money Habits

58% of women want to feel better about their money situation, according to Fidelity. Here's what works:

  • Check your accounts first thing
  • Write down what you spend
  • Set a 15-minute money block
  • Keep a money wins list
  • Get a planner (like Ink + Power's Rich Bitch) to stay focused

Find Money Friends

Money tops the stress list for most people (APA, 2023). But you don't have to do this alone:

Support Type Benefits Next Step
Money Buddy Keeps you going Text them weekly
Group Chat Share wins & tips Join money groups
Expert Help Gets you unstuck Schedule monthly

"Whatever you pay attention to will grow." - Deepak Chopra

Keep Learning and Growing

Make money smarts part of your day:

  • Read one quick money tip
  • Put on a finance podcast
  • Take a budget class
  • Join a money workshop
  • Practice what you learn

Do These Now:

  • Set phone alerts for money tasks
  • Start your wins list
  • Tell your money buddy your goals
  • Map out next month's spending

Wrap-Up

Money mindset changes don't happen overnight. Here's how to track your progress:

Week Daily Focus Action Steps
1-4 Check accounts Start auto-savings
5-8 Notice money thoughts List 3 daily wins
9-12 Watch spending Connect with others

"If you look at what you have in life, you'll always have more. If you look at what you don't have in life, you'll never have enough." - Oprah Winfrey

Let's flip your money script:

Instead of Thinking Start Thinking Do This
Money's tight Money comes to me Check accounts
I can't afford it What are my options? Build savings
Others have it better Focus on my path Note your wins
Scared to spend Make smart choices Use a budget

Take Action Now

1. Start Small

Open your accounts right now. Don't judge the numbers - just look at them.

2. Build Daily Habits

Set a 15-minute money date with yourself each day. Use this time to:

  • List 3 money wins
  • Check your accounts
  • Plan tomorrow's spending

3. Stay Connected

Pick ONE money buddy. Text them weekly about your progress.

When What How
Daily Money check + Thanks Use a journal
Weekly Look back + Plan ahead Budget tracker
Monthly Check your goals Progress tracker

"Money work opens doors to self-discovery, breaks old patterns, and unlocks your potential." - Polly Alexandre

Right Now:

  • Open your banking app
  • Write down ONE win
  • Set a daily reminder
  • Message your money buddy

Keep it simple. Start today. Your money story is changing, one step at a time.

FAQs

How do I change my beliefs about money?

Let's break down what actually works to shift your money mindset:

Action What To Do Result
Read Money Books Pick 1-2 books to start You'll spot patterns in how you think about money
Write It Down Spend 10 mins daily on money thoughts You'll see what's holding you back
Start Small Set aside $5-10 weekly to give You'll feel more in control
Set Goals Write down specific numbers You'll see exactly what you're working toward
Take Action Pick one money habit to build You'll build confidence through doing

"When you change how you think about money, your actions follow. That's when the real changes happen." - Rachel Cruze

How to grow out of a scarcity mindset?

Here's how to flip those money thoughts that hold you back:

Instead of Thinking Start Thinking Do This
"There's never enough" "I can create what I need" Write down 3 income ideas
"Money's hard to get" "Money comes from everywhere" List every dollar that comes in
"I can't afford it" "Let me figure out how" Break down the cost into chunks

"Start with gratitude. Count what you have before focusing on what you want." - Abacus Wealth Partners

"Each time you catch a negative money thought, flip it around." - Joyce Marter, LCPC

Make It Stick:

  • Note one money win each day
  • Look at your accounts (no judging!)
  • Share goals with a friend
  • Keep a simple money log

Want help tracking these changes? The 'Rich Bitch' planner from Ink + Power comes with exercises to keep you on track.

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