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To Have Money, Change The Way You Think About Money

Do you struggle with money problems? Money problems can be overwhelming. It’s hard to know where to start. But it is important that you begin somewhere… Just know that if you ever want to have money, you’ve got to change the way you think about money!

How to Change The Way You Think About Money

It’s not shameful, but it is a problem when you can’t afford the things that are important in life. Especially when the problem has been going on for so long that you no longer have any idea what to do about it.

Here are some fantastic ideas to change your attitude and experience around money.

1) Become a Conscious Consumer

Consumers are now more conscious about what they buy, where they purchase their products, and why they buy some things and not others. That trend is fueled by the increase of environmental awareness and the countless online platforms where consumers can share their opinions about a product. 

change your mindsetThe internet has also changed the way in which we purchase products.

We no longer need to visit physical stores or ask for recommendations from friends and family members when shopping online. 

It is important to become a conscious consumer so we are able to make informed decisions when purchasing goods and services.

In order to be a conscious consumer (and save a little money in the process), you should follow these three steps:

  1. Be aware of what you buy.
  2. Consider where you buy your goods.
  3. Determine why you buy your favorite products.

An example of becoming a conscious consumer

Let’s take your car insurance for example. If you are an unconscious consumer, then you probably buy your car insurance based on a flyer that showed up in your junk mail or because someone recommended the insurance company that you are now using.

If, however, you were a conscious consumer then you would use an auto insurance comparison website to search for far better car insurance rates.

Related: Do You Have Limiting Beliefs About Money? (10 Myths to Watch Out For!)

2) Rewrite Your Money Story

We tell a story about ourselves, our lives, and our world. The way we talk about money is intertwined into that narrative.

How do you rewrite your money story?

The first step is to change your inner dialogue around money as well as change how you describe your experiences with money to other people.

Language is powerful. It can create, destroy and heal. With this power, you can change the future of your finances by changing the language you use to describe them and in turn changing the way you think about them.

It’s also important to change your psychological identity around money. Perhaps you now feel like a victim. Someone who things happen to rather than someone who makes things happen.

Flip your money story by seeing yourself as someone who is on their way to wealth rather than someone who is struggling with money. In other words, instead of seeing money as a source of frustration and struggle, see it as a challenge that makes you stronger, a challenge you must overcome on your journey to prosperity. Become the hero of your own story, not an extra in your own movie.

See your journey to prosperity as a challenge to be overcome rather than a source of frustration and struggle.

Related: 15 Steps to Winning Financially

money mindset

3) Cultivate Your Financial Literacy

A pervasive issue in the current generation is not having the financial means to achieve their goals. Financial literacy is crucial as you are changing your money story and becoming a conscious consumer.

Financial literacy is a process of understanding all aspects of money and how it impacts your life — your choices, your finances, and your future.

It teaches you how to make smart financial decisions and how to take control of your finances.

It’s important for everyone, regardless of age or stage in life. Financial literacy is especially crucial for young adults who are starting their careers and building their families.

Related: 3 Money Myths That Are Draining Your Wallet

Change the Way You Think About Money – Get Out of the Poverty Trap

There are so many ways to get out of the poverty trap — and some of them don’t even take much time or money at all! The biggest shift you can make is to change your mindset around money. 

Are you ready to change the way you think about money? It’s time to make a change in your life!



My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.

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