how to spend money from abundance rather than scarcity stay tuned hey this is
Damon cart from NLP Gym bringing you cutting-edge neuro linguistic
programming tools and techniques to help you create the life that you desire so
if that sounds good please click subscribe to this YouTube channel so you
can get these videos on a regular basis when people think about scarcity and
abundance they often think about money and we have to spend money so after
you've spent money on your rent your mortgage your car node your car
insurance and whatever bills you have to pay and credit card debt you might not
be feeling like you're in such an abundant state so how do we spend money
and still remain in a state of abundance most people really struggle with this so
how do you change this well there's actually a number of ways to change this
the easiest and fastest is to instead of thinking about spending money as
something being taken from you which puts you in a state of scarcity if you
think about anytime you feel like you're losing something or something is being
taken away from you that immediately puts you in a state of scarcity so think
about what you're spending money on as something you're getting for that money
or rather focus on what it is you're getting from that I think we lose touch
a lot of times with the money our expenditures we're putting money out
there and we're doing this on a regular basis because it's a monthly expense or
an annual expense and we forget exactly what it is we're getting back for
example instead of just thinking about the money you pay in taxes think about
what you get back for spending money on taxes now you could argue as to whether
how that should be spent but in general you do get something back from paying
your taxes the same thing that when you pay your electric bill you pay your
cable bill your car note you are getting something back for that and if you're
not happy with what it is that you're getting back then you can always
not spending your money on that or you could find a better deal if it feels
like if you feel like you're not getting a good deal on something but if you
decide that what you are spending money on is a necessity and you have to spend
the money if you need to drive a car for work for example and you have to pay the
car note then focus on what you get you have the car and the car enables you to
get to work and this will help put you back into a state of abundance because
you're focusing on what it is you get for the money rather than the money just
being taken away from you if you take this even deeper you will actually go
into a state of gratitude and one thing that you cannot be when you're in
gratitude is in a state of scarcity you cannot be in a state of scarcity when
you're experiencing gratitude now this is the power of gratitude and if you've
read any books about money or the metaphysical properties of money and
wealth inevitably they talk about gratitude because gratitude is a state
of abundance another thing to look at is to get very honest with yourself and
look at what you spend money on and ask yourself is what you're spending money
on an expense or an investment so an expense would be going out to eat an
expense would be going out to the movies or any of this sort of maintenance
expenses where you're not actually growing something there's no sort of
investment in the sense that you're putting money into something that is
growing so anything that is just you spend the money and it's gone that's an
expense an investment would be not just the investments you put and say like a
savings account it's also what are you investing in as far as yourself are you
going to school if you're going to college that's an investment you're
investing in college so that you can get an even better job that would be another
example workshops books that enrich you or teach you some sort of skill or make
you help teach you better ways to develop yourself personal habits
achieving goals these are all things that you invest in
there not just expenses the idea is that you invest money into this and that
either quickly or maybe over a long period of time then you get the return
back so sometimes investments do take some
time and some patience but also sometimes they do have immediate returns
you might realize that you're not really investing in anything that all of your
all of the money you spins is on expenses and you're not getting anything
back so no wonder you're in a state of scarcity you need to have some
investments in your life even warren buffett the man they call the Oracle
when it comes to financial investing says the best place to invest is in
yourself basically you can't be taxed for investing in yourself and it can
never be taken away from you you can never lose what you create within
yourself or how you might grow and develop yourself there's also a man by
the name of Jim Rohn and he inspired Tony Robbins to become well Tony Robbins
and Tony Robbins actually worked for him and Jim Rohn mentored Tony Robbins when
Jim Rohn had to say about money and investing is he said that poor people
spend money first and then they invest whatever's left and he said rich people
invest first and then they will spend whatever is left now he wasn't just
talking about financial investments Jim Rohn was a huge advocate for personal
development he always said to start with investing in yourself start with
developing yourself first before you do anything else now I'm not suggesting
that you go strict austerity here and cut out everything you spend money on or
cut out all your expenses we need to go out to eat sometime we need to go out
and enjoy ourselves and spend money on things that are not what we would
consider investments but if you're looking over all of the money you spend
and you're not investing in yourself at all that's a problem that will put you
in scarcity it's
because when you invest in yourself you grow and in that growth is abundance so
when you're growing you will naturally go into a state of abundance so look
over the money you spend and think about how can you start moving some of that
money more toward investing in yourself and this is an ongoing process you don't
need to completely redo your budget completely all at once this might take
you some time of picking off expenses are just moving that money into areas
where you're investing us and yourself and so that could be joining a gym that
could be taking a course whether that's an online course or a live workshop or
just buying books that help you in some way that enrich your life so that you're
developing yourself and growing yourself not only is investing in yourself good
for being in a state of abundance it will also motivate you the more you
invest in yourself and you see the results the more you will go further
down that path and keep investing in yourself and moving more and more money
going out for expenses into going into investing in yourself so next time
you're feeling like you're in a state of scarcity just look at what you're
expending money on and don't focus so much on the spending it but focus on
what it is you're getting back and if you're not happy with what you're
getting back then stop spending money on it or go find a better deal then ask
yourself are you investing in yourself or are you just spending money and maybe
you're doing a little bit of both but then start looking at ways to move money
that's just going out as an expense into investing in yourself and as you grow
you will feel more and more abundant just remember you will never go wrong by
investing in yourself and investing in your growth is abundance
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