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Money, Money Management

5 Counterintuitive Money Mindset Facts

Written by Nathalie Lussier

Money is a tricky, slippery thing.

The funny thing is that, while everyone needs it and there’s more than enough to go around, money can be really elusive at times.  It can seem as if “enough” is a word that can never be paired with money…

…until you begin to look at things from a different perspective.

Turning Money Into A Science

Sciences are measurable. They’re quantifiable.

And while science isn’t always “easy,” there’s always a logic behind it, ready to be discovered….just like money matters.

As it turns out, money isn’t really as elusive as we might think at first. You just have to know what it loves and needs to thrive in your life.

So Start Looking At Things From Money’s Point Of View

It really shouldn’t come as a surprise that, like all green things, money needs a certain type of environment in order to thrive.

And by that, I mean:

1. Money likes it when things stay fresh

Just like how mold and bacteria grow in stale environments (like my leftovers in the fridge), money becomes stagnant if it’s kept in one spot for too long.

Money longs for adventure; it longs to see new things. That’s called investment.

If you’re only tucking your extra cash into a savings account for a rainy day (though, not a bad idea), you’re actually not going to get a lot in return. But if you’re investing it wisely and keeping it fresh, you’ll get a much bigger payoff…even if it takes a while for that to happen.

2. Money needs a specific purpose

Seriously, this is Money 101.

Have you ever noticed that, if there’s something you absolutely have to buy, money for that item is usually available? On the flip side, if you don’t have any specific use for that money, you’ll notice that there tends to be a lot less of it floating around.

Without a specific purpose in mind, money is easily lost. It’s something that has a lot to do with the human psychology of saving: we need to have a specific goal in order to really care about earning and achieving it.

3. Money needs a long-term goal

This is something that economists often talk about in really fancy words (often coupled with the term “projection” which, let’s face it, makes us all cringe).

But in everyday speech, money needs a long-term goal. One of the reasons we struggle with having money to spare is because we tend to think of very very short term solutions.

For example, I really enjoy going to a coffee shop to get my morning java. Hilariously, it makes me feel wealthy to buy it. I say “hilariously” because there are two ways to think about it:

  1. $3.00/day is totally affordable. I am not going to get poor by spending that much on my daily coffee.
  2. After one year, I’ll have spent $1,095 on daily coffees…I totally will not get rich by spending that amount.

So if you want to see your dollars add up, get out that calculator and figure out the long-term effects of your short-term money decisions.

4. Money loves to find someone who loves it

Some of us heart-centered people shy away from boldly proclaiming that we want more money…but we shouldn’t.

Because the money’s out there, and I’m confident that there’s more than enough to go around.

You have to want it. You have to be intentional. If you don’t find a use for your money, it’ll find someone who will!

This doesn’t mean that you’re giving yourself permission to be a selfish, money-focused person. What I’m talking about is being honest about your goals and being sure that “making money” is on that list. It’s something that business owners do all the time.

5. Money likes to be given away

In light of the last point, this one may seem contradictory.

Honestly, I can’t say exactly why this works, unless it’s some sort of universal karma…but the times when I’ve been consistent about giving money away (maybe a percentage of sales to a charity, a straight up donation, etc.) often coincide with times when my online launches and business revenue are maintaining healthy levels.

Let this serve as a reminder for all of us that money is a great tool that can help us live healthy, balanced lives.

So….what’s your money mindset?