Mindset Matters: Beliefs & Attitudes Of The Wealthy

So many of us want more than to simply be rewarded for our work. We want to experience the freedom that comes with financial independence. Many times, we block the financial abundance we desire because of the mental models or mindset (the attitudes, beliefs, values, and stories) we hold about money and people who have lots of it. Outlined below are five attitudes, actions, and beliefs of the wealthy:


1. Take ownership for their financial success.

Wealthy people recognize the direct connection between their thoughts, actions, and financial status. They recognize they are in control of how they respond to life’s circumstances, opportunities and challenges and are committed to designing their future.

2. Value Financial Education.

Wealthy people have wealth mentors, a financial education plan, and are continuing to learn about existing and emerging investment opportunities.

3. Be financially responsible with the money you currently have.

Wealthy people understand the importance of money management. They understand their current financial situation and have a plan to improve it. They understand that increasing their net worth is the goal and are always looking to increase their appreciable asset holdings.

4. View every situation as an opportunity.

Wealthy people are skilled at assessing situations, seeing the opportunity in them and creating a solution that brings them additional wealth. They focus on what’s possible and believe that anything they can conceive, they can achieve.

5. Value both giving and receiving.

Wealthy people understand the value of both giving and receiving. They can graciously accept a gift as easily as they can give one. Many people are more comfortable giving than receiving – if this is you, you may be limiting your ability to receive the financial abundance you desire. The wealthy also understand that givers gain. They live out this principle supporting the people and causes they are committed to. After reading these, you may have noticed that you have some beliefs or attitudes that may be limiting your ability to achieve your desired level of financial success. Here is an exercise you can complete to get a “sneak peak” at your money mindset and begin to shift it:

Financial Exercise

Grab your journal, notebook, or a piece of printer paper, and create the table below with as many rows as you think you will need. In the first column to the left, think about your life in 10-year blocks (0-10, 11-20 etc) and write down the messages you received about money (what happened, what was said, etc.). In the second column, write down what beliefs you created out of that experience (based on how you felt and experienced). In the third column, capture how this belief shows up in your life today and if it supports you creating the financial life you desire. In the last column, if your belief is no longer supporting you, write down the new belief you are choosing to replace the old belief.
Money Message Belief or Story You Told Yourself As a Result of What Happened How That Belief Shows Up in My Life Today and Does It Support The Financial Life I Want Now Your New Belief About Money
0-10 – I heard these messages
  This simple exercise may give you a “sneak peak” into your beliefs about money and help you understand your money behaviors like: why you constantly spend, can’t save, are afraid to pay your bills, won’t invest or vice versa, why you pay your bills on time or early, why you never keep a credit card balance and why you always have more than some magic number minimum (for many it is $10,000) in a bank account. The clearer you are about what you believe about money, the easier it is to understand why you haven’t asked for that raise or promotion or started that business you have always wanted. With your new found insights, you can now make a new choice – choose a belief about money that will empower you to create the financial freedom you desire for you and your family.

Watch This Webinar!

To learn more about how you can increase your income, join Cornelia Shipley as she talks about what it takes to increase your income and gives strategies you can implement today.   WATCH NOW ►   Photo Credit: Shutterstock

If you saw our first video, you might have heard about the awkward situation one of our viewers, Diane submitted. She has recently worked with a co-worker on a group project. When it came time to present the project at a meeting, Diane let her co-worker present. While it went great, the co-worker proceed to take credit for nearly all of Diane's work. Frustrating to say the least!

SHOW MORE Show less

In this week's episode of "Well This Happened", we want to know what you would do if your co-worker took credit for the work you did...right in front of your colleagues AND boss!

We want YOU to be the career coach and tell us which one is the RIGHT answer!

Think you know? Vote below, and stay tuned for later this week when we announce the right answer (and why the other ones are wrong).

SHOW MORE Show less

If you saw our first video, you might have heard about the awkward situation one of our viewers, Cam submitted. He's been working at a job for awhile, but recently overheard a hiring manager making fun of a candidate with autism right after an interview-not only awkward, but VERY unprofessional!

SHOW MORE Show less

In this week's episode of "Well This Happened", we want to know what you would do if witnessed a hiring manager at your organization making fun of a candidate who they had just interviewed who had autism.

We want YOU to be the career coach and tell us which one is the RIGHT answer!

Think you know? Vote below, and stay tuned for later this week when we announce the right answer (and why the other ones are wrong).

SHOW MORE Show less

Starting a family is one of the biggest milestones in a person's life. It's in those first few months when a parent can really bond with their newborn and make lifelong memories. However, for some new dads, it can be difficult to juggle being a new parent while remaining dedicated to their career.

Fortunately, some companies have generous paternity leave policies that give new dads the ability to take time off of work to stay home with their child.

SHOW MORE Show less

There are LOTS of questions around resume dos and don'ts. There's so much advice out there that it can be overwhelming to try and figure out what's the correct answer.

During our weekly live Office Hours on YouTube, two of our coaches, Ariella Coombs and J.T. O'Donnell, answer questions live from viewers related to their job search, career success, on the job situations and more.

We complied a simple list of what we find to be the most common questions our coaches get about resumes. We hope you find this helpful.

Let's start with the basics...

SHOW MORE Show less