Next to the desire of finding true love, the quest for financial independence and abundance is one of the primary reasons people turn to the Law of Attraction.
However, attaining financial abundance is also considered one of the most frustrating goals many manifestors struggle with.
Whether poverty is caused by an emergency, inherited from one generation to another, or caused by something else, the desire to better their circumstances and get out of poverty has kept many people up at night.
Fortunately, despite the many obstacles, many people are getting out of poverty and breaking the cycle of poverty and paving the way for many others.
Understandably, breaking the cycles of poverty, finding ways to overcome poverty, and getting rid of the poor man’s mindset can be challenging.
However, it can be done.
There are many reasons why financial abundance can seem very elusive.
Law of Attraction experts believe that a problematic and poor mindset is the first thing you should look into if you want to overcome the cycles of poverty.
Aside from hindering you from overcoming poverty, a poverty mindset can also hold you back from living the life you deserve.
The poverty mindset can also infect other aspects of your life and manifestation work and makes it extremely difficult to attract wealth and abundance.
If you are looking for ways on:
- How to escape poverty
- How to overcome poverty
- How to get out of poverty
- How to overcome generational poverty
- How to stop being poor
- How to not be poor
- How to break the cycle of poverty
This article is definitely for you!
What is a Poverty Mindset?
First of all, what exactly is a poverty mindset?
It is important to acknowledge that if you are part of the 20 percent of the population who lives on more than $10 a day, you are not considered in poverty.
However, your feelings and thoughts may align with poverty and this alignment can hinder you from manifesting the financial abundance you would like to achieve.
Poverty mindsets, by definition, are ones where a person self-sabotages and undermines their quest for abundance by adopting a negative stance when it comes to wealth and finances.
The poverty mindset makes it very impossible to vibrate at a higher frequency that’s required to attract wealth and abundance.
Sometimes referred to as the poverty mentality syndrome, this subtle mindset typically creeps up on you subconsciously.
In many cases, the poverty mindset is something that you passively acquire from your social content.
At other times, it starts with one thought that grows and turns into a default negativity before you even know it and have a chance to intervene.
Fortunately, while it’s hard to control the acquisition of a poverty mindset, there is no shortage of things you can do to get rid of the poverty mindset for good and create a better and more financially rewarding life for yourself.
Signs You Have a Poverty Mindset
When it comes to manifesting abundance and wealth (and just about anything), you will need an open, expansive, and positive mindset.
The thing is, you are powerful enough to change even the most stubborn perspective and mindset (and yes, this includes the poverty mindset!).
Just like all other problematic mentalities, there is no one-size-fits-all when it comes to poverty mentality.
If you notice any of the following signs, you have the poverty mindset and you need to change it for good.
You Focus on What You Don’t Have
When you obsess about breaking poverty cycles, many people end up getting drawn to thoughts that focus on what they lack.
This mindset or way of thinking is very characteristic of the poverty mindset.
This type of mindset also borders on jealousy because when you think of whatever it is that you don’t have, your focus and attention will wander and will focus on those who have whatever it is that you want.
As with any manifestation goal, it is important that you train your thoughts on what you have rather than what you don’t have.
When you focus on what you lack, you are unwittingly attracting more lack into your life even if you want to attract the opposite.
Your Decisions are Based on Fear
Basically, a poor mindset is mainly driven by feelings of fear.
That said, you feel like your back is always against the wall.
You end up avoiding bad things and protecting yourself from hardship rather than spending your time and energy focusing on the good and welcoming positivity in your life.
It is crucial to remember that a life that is ruled by fear puts the body under a massive strain and produces stress hormones.
This means you are constantly trapped in a never ending cycle of stress and anxiety and you hardly have any time to focus on the good things and your potential to bring in wealth and prosperity.
You are a Very Jealous Person
If you compare the rich mentality versus the poor mentality, you will realize that the latter is defined by intense jealousy.
Do you often find yourself comparing yourself to others?
Do you want what others have and believe you deserve it more than they do?
If your poverty mindset is particularly entrenched, it won’t be hard for you to find a reason to be jealous of basically anyone you meet.
In other words, you end up paying more attention to the pathological envy you are feeling rather than your ability to attract wealth and abundance.
While it’s normal to be jealous of what others have every now and then, if your emotional life is defined by extreme jealousy, you will not be able to manifest the abundance and wealth you have always wanted.
You are Self-Pitying and Pessimistic
Understandably, most people will find it hard to deal with the bad things that have happened to them like anger, sadness, or grief.
However, while those bad things and experiences can leave most people traumatized, it can also promote growth and provide the opportunity for you to exercise resilience and create a better future for yourself.
One common characteristic of the poverty mentality is the default feelings of self-pity and helplessness.
If you have a poverty mindset, you might also find yourself constantly asking yourself, Why me?
You will also often view yourself as a victim who has no control or power over their circumstances.
In conjunction with this, you might also become largely pessimistic, expecting and attracting more negativity and poverty into your life.
You Lack Ambition
Those who struggle to create abundance in their lives have very limited goals and dreams.
If you don’t make any plans and don’t bother to picture and create a better life for yourself, you will always settle for whatever it is that comes your way.
There are many reasons why people lack ambition (i.e., negative messages in childhood and low self-esteem).
Regardless of the reasons, the results are often the same, you are limiting your own potential and attracting more of the things you don’t want in life including poverty.
Breaking the Poverty Cycle
Breaking the poverty mindset will require focus, effort, and self-reflection.
However, it is entirely possible and it can produce amazing results.
The following steps can help you realign your attitude when it comes to wealth and help you create a mindset that attracts abundance and wealth so you can eradicate the poverty mindset once and for all.
In time, the techniques and tips provided below will become entrenched habits and you will no longer need to exert too much effort just to sustain an abundance-promoting mentality:
Get Rid of Negative Words and Language
To stop speaking the poverty language, you start by removing negative references to wealth from your own vocabulary.
Many of the negative phrases and words typically come from the family (or community) where you were raised.
For instance, you might be programmed to believe “This is not for people like us,” or “Our family can’t afford that!”
You might also be programmed to believe other subtle and seemingly harmless beliefs like “Money doesn’t grow on trees,” and the like.
All of these examples put you in the role of the victim, a person who can’t shape or control their own financial destiny.
Changing your language can have a massive impact on your ability to create a life of wealth and abundance for yourself.
Change Your View of Wealth
One of the most important parts of breaking the poverty cycle is changing how you see wealth and abundance.
Undoubtedly, changing your view of yourself can make a world of difference in your financial state.
For instance, you will benefit if you view wealth from the perspective of someone who is open to receiving money and expects to receive it.
Visualization exercises can help a lot with this objective.
Case in point: you can do daily visualizations where you envision yourself manifesting money and feeling calm, happy, and confident.
The trick is to start associating wealth and finances with growth, well-being, and opportunity rather than implicitly linking it with insecurity, jealousy, and anxiety.
Do Gratitude Exercises
When you spend time appreciating what you have, it becomes a lot easier for you to move into a more positive mental space.
This kind of attitude can help you vibrate on a frequency of abundance and wealth rather than lack.
In line with, make it a point to practice gratitude daily.
You also have the option to write in your gratitude journal as soon as you wake up and before you sleep at night.
Fortunately, you don’t need to complete entries that are elaborate.
Simply listing at least 5 to 10 things each day that you are grateful for can already make a world of difference.
It is also important to keep in mind that your gratitude does not have to be specifically linked to wealth.
All that is important is you are able to focus on the good things and the abundance that you are able to attract.
Learn How to Relax
One massive difference between the poor and rich mindsets is the latter has a relaxed and easy attitude towards wealth and abundance.
While it can seem counterintuitive, it’s all about cultivating and developing the belief and expectation that you will attract wealth and will become abundant rather than believing that you have to fight tooth and nail just to become financially abundant and wealthy.
Any type of relaxation can help promote and develop this mindset including reading, creating art, listening to music, or meditating.
It can also help if you make a list of the relaxing things you can do and make a habit of doing them before (or after) events that typically trigger anxiety, stress, and worries about wealth and abundance.
Create a Plan to Achieve Your Goals
Creating concrete plans is considered one of the most practical and empowering things you can do to get rid of the poverty mindset for good.
This also requires moving away from the position of the victim.
Instead, you need to view yourself as a person who is more than capable of taking action and changing your life for good.
It is important to keep in mind that creating plans encourages you to become active rather than reactive.
If you have a massive goal and you feel intimidated by the idea of creating a plan, consider splitting them into smaller goals and make a plan for each of the sub goals.
Each time you tick off a sub goal, you will feel proud and will become more motivated to move towards your bigger goals.
Don’t Forget to Look After Yourself
While it is necessary to be constantly proactive when breaking the vicious poverty cycle, equally as important that you take the time to recharge.
In line with this, you need to be mindful of the warning signs that you are burning out (i.e., irritability, exhaustion, and low energy) and make sure you take the steps to address those right away.
You need to spot any potential for burnout before they consume you and you can step in right away before the situation becomes too overwhelming.
It is also important to remember that self-care can take many forms.
However, anything that helps promote your happiness, self-esteem, and health are great forms of self-care.
Take Responsibility for Your Actions
When you are proactive rather than passive, you can easily see the stark contrast in accountability between the rich and the poor.
Viewing yourself as responsible for your own future is one of the cornerstones of the abundance mindset.
This also involves recognizing and accepting your own mistakes and learning from them as well.
In many instances, the lessons you will learn from your negative experiences might just be the very lessons you need that can help you achieve the abundance and wealth you are looking for.
It is also important that you do not take responsibility for the actions and feelings of others.
They are accountable for their own lives just as you are accountable for your own.
Make Sure You Educate Yourself
The less you know, the more susceptible you are to getting taken advantage of.
This is especially true since many schools don’t really offer educational opportunities that focus on financial literacy.
Basically, you need to make sure you understand the basics of financial literacy, your options when it comes to financial institutions and products, and how to build credit accordingly and responsibly.
It is also ideal that you know what your rights are when it comes to financial and banking products.
Ideally, you need to shop around before finally choosing a financial company or product.
This is important so you know you are getting the best deal available at your disposal.
To ensure your rights are protected, make sure you read and educate yourself so lenders, banks, and other financial institutions will treat you fairly and accordingly.
Change Your Mindset Towards Money
When it comes to improving your finances and achieving financial wellness, many experts believe it’s 20 percent skill and 80 percent behavior and mindset.
If you are a low income worker, one of the most challenging aspects of breaking the poverty cycle is changing your mindset towards money.
Often, it is likely that money lessons and habits or your parents have been deeply ingrained in you and are influencing your own attitude about money even without you knowing it.
If you want to change your mindset towards money, start by setting aside time to assess where you are coming from and where you stand when it comes to money and finances.
For starters, ask yourself the following questions:
- What money habits did you inherit from your parents?
- How did your parents handle money?
- What are some triggers that cause you to spend money?
- What are your strong and current money beliefs?
- What money and financial principles were you taught as a child?
- How much do you own right now?
- How much money do you owe?
- What small steps can you take to start changing your mindset and financial circumstances for the better?
Leverage the Resources of the Community
While changing your mindset is beneficial, having a positive mindset is just as important.
Once you are able to change your mindset accordingly, it is important that you take advantage of tools and help that can help you achieve the financial objectives you are looking for.
For instance, if you need financial help or advice or you have difficulty understanding your taxes or how you can start investing, don’t struggle in silence.
Take advantage of any help and resources that are available at your disposal.
Consider those resources as another effective way you can improve your financial situation and your financial circumstances.
It is reassuring to note that many organizations nowadays also offer programs that can help you understand legitimate financial products that suit your needs and help you understand basic financial literacy.
If you have extra income, you need to also look for ways you can better your financial situation, consider investing in the help and guidance of certified financial advisors, counselors, and educators.
Ask for Help From Someone You Trust
Often, discussing money matters with a friend or loved one can feel really awkward.
However, if you want to improve your finances, you need to ask for help from others and ask the right questions.
If you have a family member or friend that you trust and is good with money, check if they would be okay if you can pick their brain and learn from their insights, wisdom, and guidance.
You can ask them what they did.
You can ask them what worked and what didn’t.
You can ask them what financial products they can recommend and what they avoid at all costs.
Check with them how they budget their money and what they spend their money on.
Often, you will surely discover tips and techniques you have not considered or thought of before.
If you don’t know someone personally, consider looking for some amazing financial mentors online.
Many online experts have a unique and personal experience and financial know-how when it comes to finances and wealth.
The idea is you don’t have to go through the journey alone.
There are many people out there that can help you make your financial circumstances better.
Take advantage of whatever financial help and guidance they offer.
Lastly, don’t give up on your goals and dreams of wealth and financial abundance.
Just because you did not experience abundance in the past, it does not mean you will remain poor all your life.
As long as you do the work, you can trust that the universe can help you manifest your dreams and help you create the abundant life you want.