Hello, and welcome! For today’s video, Eric and I will be taking you through a money mindset activity that will get you thinking about your finances in a way that feels exciting and relaxing.
We hope today’s video can provide you with some simple, actionable next steps that you can take to build some momentum moving forward in achieving financial security. Simply hit “play” below to get started–or scroll down to skim our show notes! (The video is time stamped, as well, so you can click through the bar at the bottom of the video player to jump to any section that interests you!)
[00:00-00:33] Intro & the Six Categories of ARISE. If you’re new (or just returning!) to LearnDoBecome, we’re launching a brand new ARISE membership soon that focuses on six key areas. An in-depth podcast and our ARISE assessment are linked at the bottom of this post, if you want to find out more!
[00:33-01:15] Your Financial Thermostat (Did you know you had one?) Eric and I discuss this concept from T. Harv Eker’s book, “Secrets of the Millionaire Mind.” (Also linked below!) Essentially, your financial thermostat is how much money you feel “safe” or “right” about making. If, for any reason, you feel that earning more money would put you at risk or mean something negative about you, it makes sense that you would want your financial behaviors to keep you in the safe zone.
[01:15-02:12] You Can Raise your Financial Thermostat. A key step in doing this is shifting your mindset around your finances and what you feel you deserve. Achieving or increasing our financial security is important because it puts each one of us in a position to give back to others.
[02:12-03:26] Financial Mindset Activity. We invite you to think about how much money would feel really good for you to earn each month. Think about a number that would give you enough room to not just survive, but to thrive and have the ability to enjoy your life and give back. This number might make you feel excited, and even uncomfortable. Both of those feelings are important to note because, in order to achieve that dollar amount, you have to get comfortable believing that amount could be next to your name.
Once you have that amount, fill in the blanks in this sentence below and imagine that someone else is saying this about you (I learned this technique from my friend Colleen Arneil):
(Your Name Here) earns ($) per month.
How do you feel when you hear that? Scale of 1-10…with 10 being super uncomfortable? I, personally, felt extremely nervous when I first did that exercise, but that nervousness showed me that there were some beliefs that simply needed to be adjusted.
[03:26-03:36] 4 Ways You Can Raise Your Financial Thermostat. Throughout the rest of the video, we discuss a few additional ideas that can help you raise your own financial thermostat. Most of these steps are free to do and provide a simple place to start, so no matter where you currently are or where you want to be with your finances, you CAN begin today! There is progress to be made no matter where we are.
[03:26-05:04] #1: Invest in Yourself! This can be courses, coaching, books, or time. We have a list of books on financial mindset at the bottom of this post, if you’d like!
[05:04-06:18] #2: Take Risks and Find Ways to Add Value to the World. Whether you’re applying this in your current workplace, creating or growing a business of your own, or changing career paths, when you add more value to the marketplace, you establish a foundation and pattern for growth. This requires a shift in mindset, but we believe that each person in our community has the power to move beyond the limits that might seem confining right now.
[06:18-06:56] #3: Keep Going When Things Feel Hard! If something doesn’t go as planned, we can always pivot and find ways to work through the opposition. Challenges are part of life, but we believe the pursuit of our goals and dreams deserves our best effort.
[06:56-7:37] #4: Surround Yourself with People Who Are Working to Raise Their Financial Thermostat. When you have the right people around you that believe in you, it’s amazing to see what a difference that makes. We are deeply influenced by the people we keep company with–they can shape our feelings, attitudes, and actions. Look for the people who lift you up and help you find the greatest opportunities (and do the same for them!)
[07:37-END] To Participate in an Incredibly Supportive Group of Peers, Join Our ARISE Community! You can sign up on our Interest List to become an “early ARISER” below, or simply follow us across our various platforms on our Connect Page to stay tuned with further updates.
We’re excited for you to feel safe, relaxed, comfortable, and optimistic about your financial situation, and while we know these kinds of discussions can often feel a bit tricky, when you’re working alongside a community that is gathered together to show you how, it’s amazing to see what you can achieve!
Have you had a chance to join our free class that will introduce you to our Steps to Everyday Productivity program? If not, we’d love to see you there! Sign up here!