Stepping Stones

Lessons on Intentional Living with Lisa McGrath

Hazards of a Lack Mentality

finances mindset

Hazards of a Lack Mentality

 Shifting your mindset from a lack mentality to a wealth mentality can feel overwhelming. Generally, people change their behavior when the pain of staying the same is worse than the pain of doing something new. Until then, they go about life doing what they have always done, hoping for different results. It doesn't work.

Everyone has that one thing that causes them to change. Whether it is an aha moment or witnessing or experiencing something that makes change necessary. One man’s trigger point is another man’s normal, but we can identify hazards of a lack mentality that might spark the desire for change.

Hazard #1. A lack mentality causes depression. If you have lived with a lack mindset believing that working hard is the only way to wealth, you may be experiencing depression. Chances are you are working harder than most, and you may not be seeing the conversion of work to income. You may also be making money but working so hard that your family barely sees you and you sort of hate your life. A lack mentality can force you into a never-ending cycle of striving that doesn’t bring the results you’ve been expecting.

Hazard #2. A lack mentality makes you stingy. Feeling like there is a finite amount of anything causes people to be conservative - which isn’t a bad thing. When conservation turns to hoarding, it becomes a pathology. A lack mindset creates stingy behavior and keeps people from being generous. Generosity is more than sharing money. It is a mindset that allows sacrifice without resentment and helping others at your own expense. A lack mindset prevents generosity that stems from a genuine love of others and stifles relationships. 

Hazard #3. A lack mentality causes generational harm. How you feel about money is translated to your children. If you feel like money - or other resources such as time, mentorship, and tangible items - are scarce or must be protected from others, your kids will adopt that mindset. Having a lack mentality creates generational anxieties and fears that aren’t necessarily true, just the way it’s always been. Your role as a parent carries great weight and influence for your children and those closest to you.  

Whether you are fully aware that you have a lack mindset or just beginning to consider it, you must be aware of the hazards this mindset carries. Use your newfound awareness to circumvent your lack mentality and seek to shift your mindset to a wealth-focused mentality.

Open yourself up to sharing...sharing not just your money, but something much more valuable...your time. Spend time with your family. Do something for yourself...is there someone you'd like to spend more time with and get to know...call and make plans. Is it time to clean out some closets, maybe the garage? Donate what no longer serves you. 

I've been decluttering during this time of Lent. My goal was one item per day, but many days I've cleared out much more. I still have a ways to go until April 17, but I have no worries that I'll be able to keep my commitment. 

When we clear away old conditioning, clutter, or behaviors, we make room for something more...something better.

What are you willing to share?

What are you willing to clear to make room for something or someone else? Make sure to go over to our Facebook page at www.facesbook.com/ahousewithfourrooms

I have a closet to get to, so until next time...

Cheers!

Lisa

The life philosophy of A House With Four RoomsĀ suggests thinking of yourself as being four rooms: physical, mental, emotional, and spiritual rooms. It advocates for doing something daily for your physical, mental, emotional, and spiritual well-being.

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