In today's video, we are talking about how to have an abundance
mindset.
We are going to talk about different strategies in order to switch
from the scarcity mindset over to the abundance mindset.
This is going to help transform all aspects of your life.
So let's dive right in.
All right, let's talk about how to have an abundance mindset.
How exactly do we do this?
I'm going to be sharing the steps that I have taken in my own life to
help improve my mindset and switch it over from scarcity to abundance.
The first thing that I want to talk about is having gratitude and
appreciation.
I feel like this makes a really big difference.
If we are able to be grateful for what we do have and start to
appreciate the things that we already have, then that is just going to
increase what we already have.
For example, if we are grateful for just little things in our lives,
maybe if we just have $5 in our checking account or if we have a home
to live in, a car to drive, and it can even be as simple as being able
to walk or see or talk.
If we can really be grateful for all the different blessings that we
do have, then we are going to see even more blessings and we will have
even more to be grateful for.
And we can also be grateful for things that may not seem that good.
For example, we can be grateful for certain trials that we are going
through, even though that does seem really difficult, especially when
we are in the midst of our trial.
But honestly, when I've been able to do this, it helps put my trial in
perspective and I end up thinking that really it's not that bad.
One way that we can do this is to see the trials that others are
having.
And it's not that we always want to compare ourselves against someone
else, but I've noticed that when I hear someone else is going through
a certain trial, I honestly think, oh, I could never make it through
that.
They are so much stronger.
I am so glad I don't have that trial.
I'm grateful for my own trials, even though my own trials seem
difficult.
But honestly, when we go through those trials, we are just getting
stronger and stronger because if you are watching this video right
now, you have made it through every single trial in your life.
And we never know how things are going to turn out or why we are
receiving certain trials, but honestly, sometimes that can really be
for our benefit.
We just don't see that until the very end.
To give you a personal example, I was driving a Toyota rav4 and when I
bought that car, I kept it in the best condition as possible.
I kept it very clean.
I always got my oil changes on time.
I planned on keeping that car for as long as it would last, but there
was one night when I went to my friend's house for dinner and I walked
out after dinner was over and I was walking toward my car and I
glanced over and this truck was coming down the road super fast and I
thought, is he messing with me?
Is he trying to play chicken or something?
And he kept coming faster and faster directly toward me.
And I ended up running back up the driveway of my friend's house and
the truck came up over the curb and knocked over my friend's mailbox
and plowed into my car completely totaling my car.
And there's actually more to this story.
He ended up reversing and driving off.
And so we had to track him down.
And I'm not going to share all of the details of this story in this
video, but if you do want more details about that, I do have another
video breaking down all of the details.
I will leave a link above.
You can check it out later on.
But nonetheless, my Toyota rav4 was completely totaled.
There's no way they were going to be able to fix it.
So I was not able to drive that car for as long as possible.
And I thought, ah, why is this happening to me?
But it turns out I was able to get a cheque for a significant amount
because my car was totaled and I used some of that money to purchase a
new car, but I also used it to finish my basement.
I was able to finish my basement and then I had three roommates
upstairs.
So instead of having three of us total, there were now four of us
total, and I was able to increase my cash flow.
So while yes, I didn't want my car to be totaled, I was able to turn
that into something that was going to benefit me.
But honestly, if I just kept thinking, oh, why did this happen to me
and kept thinking negative thoughts about it and not really trying to
find something good out of it, then I probably would not have thought
to finish my basement with the money that I was receiving.
And I'm sure you can look back in your own life and see how trials
that you've gone through have actually turned into something that
benefited you later.
We may not be able to see that end result in this life, but
nonetheless, if we are able to be grateful for what we do have even
the hard things and appreciate what we are receiving, we are going to
have a lot more positive outlook and we're going to be able to change
our mindset to that abundance mindset and realize that we are truly
blessed with the things that we do have.
And even just a small thing, I know that when I'm driving in the car
and the sun is shining and I can see birds on the trees, I get really
excited and I'm just super happy and I feel so blessed in order to
feel that sunshine and to see the blossoms on the trees.
I'm grateful for just those little miracles and I'm especially
grateful for the clients that I do have and seeing the results that
they get after they have worked with me, they are so excited to be
investing their money, to be managing their money better and to have a
plan going forward.
Just knowing that I'm able to share my knowledge and help people that
way is really exciting to me and I feel really blessed and just have
that abundance mindset knowing that I'm able to help people in that
regard.
Comment below, are you grateful for something?
The second part is to adopt an abundance mindset in regard to money
and success.
I know I mentioned money a little bit before, but since this is a
finance channel, let's dive a little bit deeper into that part.
If we have that abundance mindset around money instead of the scarcity
mindset, we are going to make a lot better choices in regards to our
money.
If we are just so nervous about money and thinking that it's going to
run out or that if someone else gets a raise that we are not able to
make more money, then we're not going to try to get a raise.
We're not going to look at different investments that we could be
investing in.
We will just hold our money tight and hoard it and not make it work
for us or not even share it with others.
So if we can really switch that and turn it to more of an abundance
mindset, knowing that there is plenty of money for everyone, and
knowing that we can share what we do have with other people to bless
their lives and in turn bless our own lives is going to make a big
difference, we will be able to find opportunities to improve our money
situation because that's what we are looking for.
That's what we're focused on, that abundance mindset, knowing that we
can get better with our money, we can make more money or have our
money work for us.
Once we are focusing on that, then we can start to see different
opportunities pop up around us.
So we can decide right now to have an abundance mindset, and we can do
that even if we are in a lot of debt or we haven't built up a savings
yet, no matter our circumstances, we can always think, you know what?
There is plenty of money to go around.
I can figure out how to receive my share of the money.
We can realize that debt is just debt, that we don't have to be that
same person that got into all of that debt.
We can change and be who we really want to be, and we can set up a
plan to pay off that debt and start to save our money and invest our
money.
And this can go along with success as well.
And all we need to do is decide that we are successful and that's it.
Then we are successful.
We don't need validation from other people to tell us we are
successful.
We can decide that for ourselves.
We can see different little things that we've done in the past that
helped us be successful.
It doesn't have to be something huge.
It can be something as simple as, you know what?
I saved $5 last week, or I'm not living paycheck to paycheck, or I
have set up a plan to pay off my debt.
Any of those little things is success.
If we can start to see the success in our lives already, then we
already know we are successful because we already have the evidence to
prove that.
I know that starting my own business has been very, very difficult.
And some of the time I have tried to look outward and think, oh, I
just wish I could be successful.
Why can't I get this validation or this certain thing that would make
me successful?
But once I changed my mindset and just started to think, you know
what?
I've done so many things already.
I already am successful.
And it's part of that abundance mindset, we could continue to focus on
all of the negative things and let that drag us down, or we can switch
that and think, you know what?
I've done all of these great things.
I can continue to do even more great things and I don't need anyone
else to validate those things.
And then the third item that I want to talk about on how to create an
abundance mindset is embracing collaboration and abundance in
relationships.
We can continue to nurture healthy relationships and collaborate with
people that we want to be collaborating with that can help enrich our
lives and we can enrich their lives as well.
We can support each other in our successes.
We can help each other through our trials.
We can foster our own sense of community.
One of the things I really like to do is support other people.
That is probably one of the reasons I am a financial coach.
I really like to help other people succeed with their goals and their
financial goals in particular, I love being able to support my clients
and help them come up with a plan to achieve their financial goals.
By having this abundance mentality in regards to relationships, we are
able to have deeper connections with people.
We are able to support one another, which is in turn blessing our own
lives.
There are plenty of people out there that we can connect with.
If we have that mentality that there is an abundance of great people
or great relationships that we can have, then we are going to seek
after those relationships.
But if we really don't believe they are out there, then we're not
going to do that.
And I have really tried to do this.
I have a lot of friends, but there are a few close friends that I
have.
And I really try to find people that are going to support me and of
course people that I can help as well.
I try to spend more time with people that are going to help me create
an abundance mindset.
And then the fourth thing is to really let go of that scarcity
mindset.
We can look at different triggers in our own lives that come up when
we start to have that scarcity mindset.
If we start to think, oh, I don't have enough money in my checking
account, or I just don't have any really good friends, or even the
fear of failure or the fear of missing out, fomo.
When we start to have those thoughts or any triggers that might be
coming up, we can take a step back and think, all right, why am I
really thinking this?
What is really going on here?
And it might just be that we are so stressed in our business that
that's starting to affect other aspects of our lives.
Or maybe there is a relationship that we need to let go of and that
relationship is affecting other aspects of our lives as well.
So when you have those scarcity thoughts, just take a step back and
think, is that really true?
For example, if someone else gets a raise, does that mean you're not
going to be able to get a raise?
Well, of course that's not true.
I'm sure you can look at lots of different people that have gotten
raises.
So we can start to switch those thoughts around and have more in an
abundance mindset.
We can think, all right, if they got a raise, then it's possible for
me to do that as well.
And there truly is plenty to go around.
And for example, when I was looking for the properties that I was
buying, I put in multiple offers on different properties.
And I didn't just give up.
I didn't just think, oh, there's not enough homes out there.
I'm not going to be able to get one.
I kept trying and I was able to get a property and another one and
another and another.
But if I would've just thought, oh, there's nothing out there, I would
not have even tried to do it.
And when we are trying to accomplish our goals, if we can keep that
abundance mindset, then we are going to think of unique ways to
accomplish our goals to get what we want.
Sometimes we do have to step out of the box.
To give another example, when I was buying my fourth property, I had
some money in savings and I really wanted to get another property.
So I decided to take some of my money out of the stock market
investments that I had and put that toward a down payment.
And if I wouldn't have thought of that, then I would not have bought
the property as soon as I did.
I would've had to wait even longer and watch housing prices go up even
further.
And I may have not even gotten a fourth property.
So really try to stay open-minded, realize there are plenty of
opportunities out there and that we can step out of the box and try to
do something a little different so that we can get what we want to.
And this goes along with step number five, which is embodying that
abundance mindset in our everyday actions.
If there is plenty to go around, then we are able to share some of
what we have with others.
We're able to serve others, we're able to be generous, and we're able
to make our own investments and realize that we do have the potential
to earn more if that's what we want.
If we can have an abundance mindset in everything that we are doing,
that's going to carry through all of the aspects of our lives,
including the money aspect and the success and the relationship
aspect, like I mentioned before, just being grateful for what we do
have for the sunshine coming out, for the flowers, for the ability to
go on a walk.
If we can start to see the abundance every day, we are going to be a
lot happier.
And then the sixth, the item is to practice resilience and positivity.
With the resilience part, we can start to look at the challenges or
the trials that we are having and think about how they can actually
turn into opportunities or into something that is going to bless our
lives or even bless someone else's life.
We can start to focus on the solutions instead of the problems.
We can focus on things that we are able to control instead of focusing
on and complaining about things that we are not able to control.
I know there are a lot of people complaining about different things in
the world, but they're not able to change those certain things.
So why not start focusing on things that we can change?
We can definitely make changes in our own lives, and we can also be
positive about things that are happening.
And I don't think we need to be positive 100% of the time.
Sure, we will have days where it's just a really bad day and we'll
accept that and it's fine.
But honestly, if we can look for the positive, most of the time we are
going to find it.
That is exactly how I live my life.
Even if bad things are happening to me, I think, well, it could be a
lot worse.
Or, you know what?
Actually there's this positive aspect to this item, and I am a lot
happier when I do that.
To give an example, if I am headed somewhere and I'm running a little
late and I hit a red light and then another red light and another red
light, I could be thinking, ah, I'm never going to make it.
I'm gonna be even later than I thought I was going to be.
I could just think, oh, you know what?
Maybe I was going to get in an accident if I didn't hit this red
light.
We have no idea.
We can always turn that negative situation into a positive if we are
looking to do so.
And I do realize there are really bad things that happen to really
good people.
I'm not trying to brush that to the side and just think that everyone
should be positive all of the time.
But there is usually something good we can pull out of any situation.
We just have to be looking for it.
Comment below and tell me what has helped you have an abundance
mindset.
And speaking of abundance, if you want to have an abundance of your
investments in the stock market, I have a free masterclass where I
teach you how to invest in the stock market.
I will leave a link below.
You can click on that and watch the free masterclass.
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Thanks so much for watching.
I'll see you in the next video.