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Test Your Money Mindset With These Questions - 806
00:23:57
Your mindset may be standing in your way of financial freedom. Wealth can be achieved without an abundance mindset but it can be hard to maintain financial freedom without it. In this episode, Chalene Johnson dives deep into the power of your...
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In six months if you answer yes to any of the following questions, it might just be your money mindset that's standing in the way of you achieving financial freedom. Can you achieve wealth without abundance mindset? I Think so. But can you maintain it? No. It's almost impossible to change your financial situation if you don't start by addressing your money mindset today, I'm going to share with you a list of questions that are really important and how you answer these questions. If you answer yes to any of these questions, it means that you have a money block somewhere. Now, if you answer yes to a lot of these questions, that will be the clear and concise reason why currently you are not able to achieve financial freedom. I believe that if you answer yes to any of the questions that we're going to get to in just a few minutes, that that means that's a money block you've got to take a look at. This has been an important theme throughout my life, throughout my career, and throughout the episodes that I've done here, because it's something I've had to change myself. It's something that I believe has given me the opportunity to achieve financial freedom. And the question that I get over and over and over again is like, okay, so what do I need to do? Like, how do I change my financial situation? And people want this, like, very formulaic response. They want you to say, oh well, just do drop shipping or start an mlm. Like, people want a specific answer. They want to know how much they should save. They want to know what they should start with. And people ask this question all the time. And the answer is, you've got to start with your mindset. Can you achieve financial independence? Can you achieve wealth without a abundance mindset? I think so. But can you maintain it? No, not in my opinion. Not in my experience. Not, not in my own personal experience, in the experience I've seen of other people. It's one thing to make money, but if your mindset isn't in the right place, if it's standing in the way of your financial freedom, you're probably going to make that money and lose that money like over and over and over again. And that's assuming that you've got the right mindset to be able to even make the money. So while I would love to tell you like what you need to do to change your financial situation and give you like a specific side hustle, you should start with the honest truth is, and people don't want to hear this because it means you've got to take a look at yourself and you have to sometimes look back at your childhood and you really have to be self aware enough to recognize, okay, what are my limiting beliefs? And you just can't do that unless you're willing to like, look back at like little Chalene. If you know my story, you've heard me say before, I grew up in a household where we were exposed to a really positive money mindset. Despite that, there are still like these beliefs that I formed myself regarding money and wealth and what it takes and what your life looks like and, and what I thought about people who were wealthy. And you know, just for those of you who don't know, like, I didn't grow up with money. It wasn't like I came from a wealthy family. My father was the first person in his family to do something other than work in an auto plant and he decided to become an entrepreneur. What I experienced growing up was a really, really healthy mindset around money. But I also experienced cycles of extreme debt and bankruptcy and like losing everything and then like getting it all back and then losing everything and then getting it all back. The way I interpret it, like every person interprets their past and the messaging that they heard, the things that they experienced, Everyone interprets it differently. Like even two identical twins are going to have a different perception around money and possibility, et cetera. But the way I interpreted that was, well, my parents are happy people, so money, it doesn't change whether you're happy. You might lose it all, but you're going to get more. What I didn't realize is some of the subconscious beliefs that I had formed that eventually became blocks and problems for me. And I think that was one of them, is that you're going to get a lot and you're going to lose a lot. Like that was a belief. And I was like, and that's okay. But because that was okay for me, that's exactly what happened in my life. And the universe is going to line things up in accordance with your beliefs, whether they're subconscious or conscious. So that's why it's so important that you look at your subconscious beliefs and recognizing that on some level is a subconscious belief. Like, I still have to keep that in check today. I know even if I were to lose everything, I know I have the ability to get it back. I know that it won't change my happiness. I know that it might make life tougher. But today, the way that it's different is I don't expect that to happen, whereas in the past I did. Subconsciously, I just believed we're going to make a ton of money and we're going to lose a ton of money, because that's what I experienced. And so because of that, we did make a ton of money, and we did lose a ton of money. In fact, at one point, my husband and I were nearly a half a million dollars in debt to all kinds of people. I knew then that I really had to change my money mindset. And that started with the belief that I had to examine the belief that it was okay or that I was going to expect to get it all back and then lose it again. This time when that experience happened, which is pretty devastating. I mean, it's incredibly devastating, especially if, you know, like, the circumstances around it for us, I was just like, I'm. I'm never going to be here again. And that meant I had to figure out, like, what were the blocks I had. But first, I want to share with you a little bit about my own journey when it comes to changing my money mindset. Every year I try to take a look at where I might be blocked. Like, what are some of my. The beliefs that I have that are holding me back from the freedom that I truly want. And some recent ones that I recognize I have, and I'm working on these, and they are holding me back financially, and they're holding me back professionally from the growth that I want to experience. One of them is, if you want things done right, you have to do it yourself. Like, that is blocking me from having more abundance, because it's not true. If that subconsciously, that's the belief that I hold, then that means I'm going to do most things myself or I'm going to waste a ton of time looking over people's shoulder and redoing things for them as a child or as I went into adulthood. Like, Even in my 20s and 30s, I could only achieve. This is going to sound relative, but, you know, at a certain point, we were broke, right? But then once we got out of debt, we Just couldn't really get past that, like, 1 million, $2 million mark. And I know that might sound like, so out of touch, but if you don't hear these things, you don't experience them, you don't see them, you don't know that it's possible. I want you to know, by me just sharing my story, like, not as a flex, but, like, as someone who has extreme adhd, got horrible grades, is a hot mess, is not that organized. Well, I'm pretty organized, but, like, not compared to, like, a lot of other people. Somebody who just. You think that someone who's making millions of dollars, that they're just like a machine and they're super intelligent and they're very efficient and they never waste time and they work all the time. They've invented something. Well, it's just not true. Like, so that's the other reason why I, like, tell you about where we are financially, because I need you to know that you can do it too. Like, you can be a hot mess and you can figure this out, but it literally does start with your mindset. But one thing that I realized was, like, really holding us back from, like, breaking the next level of financial freedom is this belief that I had that the more money you make, the more problems you're going to have. The more money you make, the more people you have to have. And people mean problems. And I had to get over that belief in order to break that plateau, we had to get over that belief again. Growing up, my folks had a very positive influence over my money mindset. Like, I didn't hear my parents say things like, money grows on trees or that's for the rich people, or that's what rich people do. I heard them say things like, when I was a kid, as all kids do, and you, like, you want for things like you want this toy or like all the kids. I remember, I think I was probably like in fourth grade and they're like Heelys. But they were in the 70s and they were called. I forget, maybe they're called wheelies. I don't know. But they were pop wheels. Oh, my God. I just remember they're called pop wheels. And it was like this clog that you pressed a button and like a wheel popped out. And I just wanted them so bad. And I think they were like 40 bucks, maybe 50 bucks. I don't know where I got that number from, but I remember, like, sitting down in my dad's office and which was in our home, and asking him if my mom and dad would buy Those for me, actually, I think I just told them I wanted them. And he got excited and he's like, I love it. These look so cool. Let's figure out a way for you to make the money and buy these, or at least for you to make the money, and then you can decide if you want to buy these. And that didn't seem out of the ordinary. I was like, yeah. And then we came up with different ideas, different ways that I could make money, like cutting the grass and doing things for our neighbors. And back then, like, everyone had a. What's it called, a paper route. So it's like picking up a friend's paper route, like little things that I could do to make money. And that was a really powerful money mindset. I didn't hear, you can't. We can't. We can't afford that, which my parents couldn't at that time. What I heard was, of course you can find a way to do that if that's what you want. You're going to figure out a way to make that money. And that was a positive money mindset. I didn't hear things like, we're broke, we can't afford to do that. I always say, well, let's find a way. And. And so that was all really positive. But I also do remember just little phrases and let me know what little phrase. Like, think back on it. Do you remember hearing that caused you to have a negative belief around people who had money or people who were wealthy? Like, sometimes you hear people say, especially referring to the Bible and Christianity, you hear a lot of people saying, like, God wants you to prosper. And other people saying, like, you know, money is the root of all evil. And you'll also hear things like, all rich people are scammers and evil people. I remember hearing the phrase about someone else, and I remember my dad saying, oh, that person is money motivated. And it was like, in a negative tone. And I remember thinking, oh, so if you pursue prosperity, that must be a bad thing, you know? And I just remember thinking like, that was a character flawless. Like, if you're somebody who pursued prosperity, that was character flaw. And because of that, that impacted my fear around asking for what I was worth. When I was working for attorneys as a paralegal, when I was working at gyms as a fitness instructor, I was always like, I just want people to know that it is not the money that motivates me. I want people to know that, like, I was so worried that somebody might think that I was money motivated that I would I would never ask for a raise if somebody said like, well, you know, what is the range that you want to be hired at? And they would give a range like the low and the high. I would always go. I would pick the low end because I would want them to have the impression of me that that wasn't important to me. And I realized today that I had to take a look at that and go, like, it's not that I'm money motivated. I'm not. But I am motivated by my worth. And my worth increases by the number of people that I help. That's how I think about it. Like, the more people who I can help touch and I don't just me financially, like, when you are in service of other people, that increases your. For me, it increases my value, my mental value, like my self worth, right or wrong. I recently had a conversation with my therapist about this, but it is very tied to how can I help people. My therapist said, could you just exist? And I said, what do you mean? He's like, could you just like, for the rest of your life, like, just do nothing and feel good about yourself? I'm like, probably, but I think the only. And I'm just being honest. The only way I would actually, like, wake up each day and feel good about myself is knowing that I've had an impact on other people, that I've helped other people. So I don't know. I don't know if that's good or bad, but I am just telling you that I am. I'm not motivated by money, but I am motivated by my own worth. So if I may, I'd like to tell you about a course that my husband's put together. This is something that's a long time in the making. He has been teaching people how to do this and teaching people how to use their money so their money works hard so that you don't have to. And you've heard previous episodes of Brett's giving you advice, financial advice, advice on investing, if you love that kind of thing. You definitely want to follow him on Instagram now. He doesn't post that kind of stuff to his feed. I know he doesn't take any of my advice when it comes to Instagram, but he's always offering that advice on his Instagram stories. And because of that, people have been begging him for probably the last five years to teach or create a course, a basic course for beginners. Not for the person who's already investing. Not for the person who already has a portfolio and understands, you know, Understanding annuities and their retirement fund and how to figure out how to get started, all of those things. That's the course that he created. It's called Money Matters 101. It has been five years in the making, but it's a quick course. This is literally a 101 course. For those of you who are afraid of the numbers, you're afraid of the financials, but it's time for you to take control of that. We've got to change that mindset. And you can, and it's important that you do, because I don't want you to work as hard as you've been working. I want your money to work harder for you. And Brett wants to teach you how to do that. And he's my husband, so I can tell you he doesn't mansplain things. He really does break it down and make it super simple because he's had 30 years of training working with someone who has ADHD, who is constantly saying, like, hold on, hold on. Okay, back it up, slow it down. Break that down for me. Draw a little picture. And it's a really great course. So anyways, you can check it out. There is a link in our show not for you to check out. Brett's new course, Money Matters 101. Money doesn't have any control over me. Money is an energy, and the more energetic I am, the more energy I attract to me. I believe that more is coming my way. And we can talk about abundance. But I think before we do, I want to go through this list of questions, and I want you to just write down the numbers 1 through 12, okay? And any question, I want you to write, you know, 1 through 12, and then next to each number, write either a Y or an N. So yes to this question or no to this question? Here we go. First question. Do you believe that money is scarce and hard to come by? Do you feel guilty or fearful or uncomfortable when you think about yourself having a lot of money? Do you believe that very wealthy people must be inherently greedy or unethical? Do you believe that you have to work extremely hard to make a lot of money? Do you believe that it's impossible for you to become one of the most wealthy people you know? Do you feel unworthy of extreme wealth? Do you believe that the more money somebody makes, the more problems they have? Do you believe that you will have to sacrifice your personal happiness or some other relationship to achieve financial success? Do you believe that you have to guard your savings and that investing is something very risky? Do you Believe that you're lousy or just not that good at managing money? Do you believe that it's too late for you to dramatically change your financial situation? And lastly, do you believe that talking about money is taboo or uncomfortable? So if you answered yes to one or two of these, that's pretty normal. I mean, even I myself at least two or three of those, I'm like, yeah, maybe. But if you answered yes to a lot of those, that's a clear indicator that it is your beliefs around money that's probably preventing you from truly experiencing the financial freedom that you desire. So instead of asking yourself like, or asking others, okay, what do I need to do to get more money? The first step is to start with your beliefs, because everything else, like the universe, will align things in accordance with your beliefs. I believe that it's not as simple as the law of attractions, but there is a lot to be said about the way God works, the way the universe works, the way our beliefs subconsciously are what control our actions. So I encourage you to. To take some time and think about your childhood. Think about where you picked up the things. Think about who you were exposed to, what you experienced, what you saw, what you lived, and how it may have shaped your beliefs subconsciously or consciously. Think about how you feel when you're around wealthy people. I mean, I remember the very first time, man, it's a process, too, dude. Like, it's a process, and you have to keep exposing yourself to it. Like, I remember when I was growing up and I had an uncle who, like, had this really great job. And I remember he was, like, the rich uncle. And he lived in. Now I realize it was a nice, modest home. He drove a nice car, like a company car that was like. I think it was a Mercedes. And because of that, like, we had this belief, like, he was the rich uncle. And I remember feeling, like, uncomfortable in his home. I remember, like, when he eventually got divorced, thinking, well, that probably relates to the money, you know, and you have these subconscious beliefs. Like, even if no one ever said these things to you, you definitely formed beliefs around money and wealth and prosperity. So I think it's really important to, like, examine those things and examine them at each and every stage where you realize, like, okay, I want more, and I believe I deserve more, and I believe that in abundance, and I believe that I can do more with it, and I believe I'm deserving of it. Like, all of those things. When I say deserving, I don't mean, like, you know, I'm a good person. So I deserve it. It's like, I know that I can help more people with it. It means that I'm not limited. It's energy, and I. I want more energy. And it's also looking at, like, different stages of your life. Like, so, for example, again, there was a point at which my husband and I were making a lot more than anyone on either sides of our families, right? Like, so on my mom's side, my dad's side, like, no one ever made that much money. Despite that, there were still things I was really uncomfortable with. Like, I remember we moved into this one neighborhood, and I didn't feel like I belonged with these like other moms. And I believed that if I walked into their home, like, they would sense that I didn't belong there. They would sense how uncomfortable I was that I'd never sat in a chair like that, that I'd never seen draperies like that. Like, they would pick up on these things and, like, say, get out of here. You know what I mean? Like, and. And I had to be around enough and see these people enough to realize, like, they're not different than anybody else. They're not that great. There's nothing special about them. They just have a different way of looking at money. They've done something differently. And we're going to talk about what people do differently that changes their financial situation in just a moment. Like, I feel like this could be like, a whole series, but I wanted to start with the mindset piece first and helping you to understand, like, where are your limitations today and how can they continue to evolve? Even if you are in a situation, you can't even believe how fortunate you are. Which I hope that you have a sense of gratitude. Because wanting and believing that you can achieve more doesn't mean that you're ungrateful. It doesn't mean that you're dissatisfied. It means that, you know, more is possible. And when we believe that we are abundantly blessed, I believe that we. More blessings come to us when we think about and focus on our lack. Like, anytime we have this conversation, you. You will see that people will say, oh, yeah, well, blah, blah, blah. And they just list, like, all of these limiting beliefs. Am I saying that if you change all of your beliefs, your financial situation will radically change? I am. Am I saying that just changing your beliefs will change your financial situation? No, I'm not. You do have to take action, and you do have to have knowledge. You have to have knowledge and take action. Right. But it really does begin with your beliefs. So again, you know, it was like me getting comfortable with being around wealthy people and, and seeing the way that they experience money and how, how they were and realizing like, oh, it's possible. It's like there, there's nothing special about them. They're not better than me. Like I could do this too, you know. And even today I still find myself having some of those limiting beliefs. Like we were just traveling through the south of France, right, which is something that we could have never done certainly when we were in massive amounts of debt. It's something that, there's a certain point in my life that I thought that's something only extremely wealthy people did. Stayed in 5 star hotels and people who were different from me, but I'm that same person and we have the kind of wealth that we can do that now. Nonetheless, I still have limiting beliefs because even when we're, you know, traveling through the Amalfi coast, I'm seeing these big yachts. I caught myself thinking, well, I would never want that kind of money. I would never want a yacht that's got so many problems. And here's a limiting belief. I heard someone once say that the two best days of their lives were the day they bought a yacht and the day they sold the yacht. So like in my mind it was like, okay, hang on to that belief. Because therefore it means that having that kind of wealth is a problem. And so just recognizing, like, wait a second, I've got that belief, I've got to challenge that belief. Maybe these people are so wealthy, like, it's not a big deal. Even if they do have to dump a ton of money into paying for a staff and the maintenance and docking link, all the things I don't even know. But I need to challenge that belief because I'm never gonna like, experience that if my belief is, I don't want it and it's bad. So my recommendation to you is to take some time to answer these questions, to carefully look at what things in your past and your childhood may have shaped your beliefs and do some introspection. It might mean working with a therapist. It might mean hearing these positive affirmations over and over and over again. And you know what I'm going to do? I am going to share with you some of the best resources that I have experienced personally when it comes to my mindset around wealth and money. Like this audio program that I'm going to share with you. It's called the Prosperity Consciousness that I listened to in the 90s. I listened to it every year because even though like some of the things he talks about are like kind of outdated, you know what I mean? But like the consciousness is timeless. That doesn't change. I need to constantly hammer these things into my head. And so I'm always listening to those kinds of books because I believe in expansion, because I believe in growth, and because I believe in abundance. And so if you're going to start on this journey of changing your mindset, know that it's a journey without a finish line. This is something you're going to continue to do. Repetition is the cornerstone to growth. Hey, I appreciate you spending this time with me. I appreciate you expanding and growing in this way. I'm here to help you do that. We can do it together. I love you. I mean it and I'll talk to you soon. Foreign.
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