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Before you can start to change your financial picture, you need to change your mind.

You ARE worth it.

You CAN get out of debt.

You WILL become successful.

If you can’t talk to yourself positively, if you don’t believe in yourself, then you’ll never be successful in any of the steps following this one.

The mind is an incredibly powerful tool. It can either be used for you or against you. It’s your decision.

So how do you begin to change your mind?

It’s not easy.

It can’t be done with just a snap of the finger.

To change your mind, you’ll need to surround yourself with positivity…for days…weeks…months. Heck, you may even need to train your brain for life!

  • Read books
  • Watch positive videos
  • And, surround yourself with positive friends and family – the people who truly believe in you and what you’re capable of!

If you can flip your mind and transform yourself from a pessimist into an optimist, you’ll be well on your way to succeeding financially!

Want to learn more? 

Take a look at the resources below!

Questions about Step 1?


  1. Have a question or comment? Start the conversation below!

    • For me, I find that surrounding myself with positive friends and family, and positive blogs like Life and My Finances, helps to encourage me to persevere and keep working hard to attain my goals. I also find that it helps me to pray for and seek God’s wisdom before making important financial and/or life changing decisions.

      • For sure, Dara! Stick around! We’ll keep the motivation going! 🙂

    • Derek,

      You have such an awesome site here. This information is so helpful. I find myself here for hours!

      Your advice is not just helpful, it’s real.

      Four years ago when my ex decided he didn’t want to be married anymore, I was left with -$150 in the bank, a broken down car, maxed out credit cards, a run-down home and a teenage son to raise on my own.

      Your advice and inspiration have been a Godsend to me. I appreciate you more than you know. Thank you : )

      • Wow Mary. Thanks so much for the kind words!

        I’m sorry to hear about your tough times. I hope you’re doing better these days! Divorce is tough…and then the financial issues…and the kid to support. But, get through this and YOU could be an inspiration to thousands of people too!

        Thank you for being such an avid reader!! Keep the dialogue going! 🙂

    • Hello Derek,

      I’m constantly reading about investing and I enjoy Life And My Finances.

      Fortunately I don’t have consumer debt and I have an emergency fund. I invest in the 401k. I also have other investments including a traditional IRA, Roth IRA, Index Funds. By retirement I’ll be a multi millionaire which is amazing for someone that works a 9-5 job.

  2. I think for me this number 1 is the “IT” because while the others are more easily done that of mindset is a hurdle .thank you for this 15 financial tips to be free.

    • Hi Chioma! For sure. This #1 is probably the absolute toughest step, but it has to be done if you want to win financially! Keep coming back and keep learning. It will definitely help your mindset!

  3. Derek, thank you so much for your newsletter and emails. I find that Step #1 Change Your Mindset is the most important to get someone started on the debt free lifestyle. I can make more money, save more money and track my money to know where it goes, but until I do something about my attitude and beliefs nothing is going to change. I am a recent convert to audiobooks and podcasts while I am working from home and at certain times in the office. It has made such a change in what I am interested in and broadened my thinking.

    • Absolutely! And that’s exactly why I made it step #1! I’ve seen it time and time again. I can give everyone all the info they need, but if they never get in the right place with their mind, they don’t last long. It doesn’t seem too important to tweak your mindset, but it is actually the MOST important!

  4. In my opinion changing one’s mindset is the most important step in winning financially.Once someone can begin to see abundance on his mind it is just but a little time before it begins to manifest physically because HIS or her values will simply align to achieve that image.

    • YES!! Your initial mindset lead to your thoughts, which give you ideas, which cause you to learn more, to seek out truth, and eventually to start acting on those thoughts and winning!!

  5. Contemplation is the beginning of change, since one has to go inside and get centered in order to feel like moving forward with change.

    • Absolutely. If you want to change anything, it has to start with your mind.

  6. Written Beautifully♥️

  7. Debt is not a big concern for us now that our sons are on their own and my husband has retired. My concern now is knowing when it’s a good time for me to retire.

  8. I wanna start investing young so I can have an early retirement so was wondering if you can explain what I should do and how this works.
    ( one of my friends recommended this website)

    • Hi Milla! I loved that you reached out and are asking the question!

      Starting to invest young is so important. Here’s why –> If you invest well and earn roughly 10% on your investments, your money will double every 7 years. Let’s say you scrounged together $100,000 by the time you were 30. By 37, that money could turn into $200,000. By 44, it turns into $400,000. Wait another 7 years and it’s $800,000. At 58 years old, you’ve got $1.6 million. Then, at 65 years old…$3.2 million!

      What if you wait till you were 44 to invest that $100,000 instead of 30? Instead of $3.2 million at age 65, you’d have just $800,000.

      That’s a MASSIVE difference!!

      Want to invest simply? My wife and I invest pretty heavily in the S&P 500 index. The fees are low, it has a great track record, and it’s well diversified. And, it’s a pretty easy investment!

      Want to know more? This article should help! Best of luck to you!!

  9. hay my name is Anayah collier. Iam started to read books on self-care, and I watch YouTube about self-care. i hanging out with my family. I need help choice good friends an around me

  10. How do I get started

    • Follow the 15 steps!! First step – change your mindset and believe it is possible!!

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