Top 10 Limiting Beliefs about Money

One thing that will ultimately determine your financial future is how you perceive the whole idea of money and wealth.

Your attitude towards money and the limiting beliefs about money and wealth you hold, can either make you live a life of financial stability and abundance or a life of scarcity and struggle.

Money and human nature

Human beings by nature are born to be great, it’s simply in our DNA, we are meant to be rich and not poor, successful and not failures, and even through history, the achievements human beings have achieved border on the miraculous. But why is it that a significant portion of people in the world today are caught up in the vicious cycle of poverty? Why do the rich get richer and the poor get poorer? Well, while many reasons could be provided, perhaps the easiest and most practical one would be the consistent attitudes that people have towards money and wealth:

You see when you believe something and you hold it true in your mindset it becomes part of your new reality. In other words, some of the attitudes and beliefs you have about money and wealth are simply determining your current financial reality. Sounds like something farfetched but believe me it’s not. The subconscious beliefs and attitudes we have towards wealth and money become the reality we face every day and until we question these attitudes or beliefs, it becomes very difficult to change our current financial situation. So what are some of the common limiting beliefs about money we should know about?

List of limiting beliefs about money

Here are some of the major ones:

  1. Money Does Not Grow On Trees
    The most commong limiting beliefs about money. Yes, its true, money does not literally grow on trees but even then, it does not mean that making money isn’t as easy as just growing it on the backyard. Like the saying goes, if you believe you can or you can’t, either way you are right. Making money is not the hardest thing in life, in fact, it’s actually quite simple if you have the right attitude.

  2. Money Is The Root Of All Evil
    This is a very common belief for most people. If you always associate money with evil then it becomes really hard to be enthusiastic about it. Maybe you had a bad encounter with a rich person, maybe you think that making money can often overshadow other values in life that makes us human but make no mistake, money is just a medium of exchange, how you use it is all up to you. Besides, there is a lot of good you can do with money and touch the hearts of many people. You need to start looking at money not just as a measure of wealth but also a force of doing good in the world.

  3. It Takes A Lot Of Money To Make Money
    Well, this is one of the biggest contradiction about money you will ever hear and it’s pretty simple. When you look at the life stories of the richest people in the world there is always one factor that is common in all of them – they started small. You don’t need to have a lot of money in order to make money, you can begin with the small amount and build up your wealth slowly by slowly. Think of it as building a towering brick by brick!

  4. The Rich Get Richer And The Poor Get Poorer
    The belief that the rich get richer and the poor get poorer basically limits your ability to take charge of your financial future. You just resign to your fate thinking that your financial fate has been sealed by someone else. That can be a disempowering thing especially if you are looking to live a life of abundance and self-fulfillment. Instead of holding this belief, think of your financial future as your own responsibility and you will be fine.

  5. Its Selfish To Want A Lot Of Money
    Wanting to make money is not selfish, because how you use your money will determine the kind of fulfillment it brings. Remember money is simply a medium of exchange and if you make money and use that wealth to positively impact your life and that of other people, then it’s really an amazing feeling.

  6. More Money More Problems
    The most important thing in life is to have the right balance. As much as making money is important, there are some important virtues that you must learn or have in order to balance your life. Having more money is not really a prerequisite for problems, what you need is a balance in your life between work, family, and leisure. With that balance in place, it doesn’t matter how much money you make, your life will always be fulfilled.

  7. Money Is Not That Important (Its Only Money)
    If you don’t take money seriously enough then it will never be part of your priorities. This then makes it very difficult for you to make any significant headway in making wealth. While money is not the only priority in life, it should be something you care about and dedicate some of your time towards.

  8. It’s More “Spiritual” To Not Care So Much About Money
    This is a very false claim in fact its used as an excuse by people who are in struggling financial situations. There is no doubt being rich has got nothing to do with spirituality, you can be rich and be spiritual at the same time. The idea that you have to choose either one of them is simply absurd. Beside, just because you really don’t care about money does not necessarily mean you are a spiritual person.

  9. I’m Not Just Good With Money
    Life is always a journey full of lessons and so what if you are not good with money, there are so many ways you can learn how to manage your money and make it work for you. You cannot use this as an excuse for not making money, what you really need to do is acknowledge that getting good with money is a lesson that can be learned over time.

  10. You Can Manifest More Money Simply By “Wishing” For It
    Manifesting money and wealth into your life is possible but trust me, it’s a whole lot more than just wishing and thinking about money. For starters you need to change your belief system about wealth and be more positive. This is where it all begins because our thoughts and beliefs will always limit our ability to be wealthy even if we stay all day wishing and hoping to be rich.

Summary of the limiting beliefs

Well, these limiting beliefs about money are quite common.

Do they resonate with you as true or false?

Which belief in particular do you strongly hold? Do you think it’s true or false? These are the kind of question you need to ask yourself.