Habits of the Poor Mindset
Poor mindset individuals shield themselves from wealthier people. They also realise that reputations and trust are earned slowly and can be lost easily.
Understanding the habits of the poor mindset is the first step in changing them. Once you recognise the patterns, you can replace them with good habits that promote success.
1. Having a scarcity mindset
People with a scarcity mindset think there’s never enough money or resources to meet their needs. This negative outlook can wreak havoc on their relationships and cause stress that may lead to physical illness.
People in this mindset often complain about how unfair life is, believing that it’s not fair that they can’t get what they want. They’re also prone to envying other people’s success.
Having a scarcity mindset can also cause people to become hoarders and spend their time trying to make ends meet, which doesn’t actually help them in the long run. It’s important to break this bad habit and start thinking more abundantly. This might mean hiring a professional to declutter or seeking out a therapist that can teach you better thinking habits.
2. Feeling like you have to work for money
If you constantly feel like money is a struggle or that it’s never going to come your way, then this is definitely a sign of having a poor mindset. It is also a sign that you are stuck in victim mode and not aligned to your higher purpose.
Another sign of having a poverty mindset is complaining all the time about what you don’t have. This type of thinking is harmful because it releases stress hormones into your body.
It’s also a sign of having a poor mindset if you see someone else getting something new and take it personally. This can make you resent them and even turn to gossip and slander. This is no good and will only hold you back in life.
3. Spending money you don’t have
One of the biggest habits that separate the poor mindset from the wealthy mindset is spending money you don’t have. This is a big mistake because it can quickly deplete your savings and leave you living paycheque to paycheque.
The rich will only spend their money if it is an investment that can increase their wealth. They also make a point of saving money and not spending more than they can afford.
It is tempting to hike up your budget when you get a raise, but doing this regularly will see you run out of money. Spending when you don’t have the money will only lead to debt and a bad financial situation. This is why you should always have a budget and stick to it.
4. Having a victim mindset
Playing the victim role is a manipulative way of trying to control others. It involves a lot of string-pulling, and can be hard on those who love you. People who play the victim role tend to believe that other people are out to get them, and they often have trouble accepting responsibility for their own actions.
A victim mindset doesn’t allow you to look forward with confidence or optimism. It keeps you occupied with the basic needs of life so that you don’t have time or energy to work on other things.
A rich mindset understands that everything worth doing is difficult at times. Even Oprah and Kobe Bryant had to deal with some challenges before becoming successful. Changing your perspective can help you move past the victim mentality.
5. Being a cheapskate
If you’re careful with your money, and you’re trying to keep your debt low, frugal living can definitely help you. But sometimes extreme frugality can go too far. For example, skipping the doctor so you don’t have to pay for the co-pay or attempting to fix your own leaky roof instead of hiring a professional.
These are examples of being cheap, which will limit your quality of life and keep you from growing into the person you want to be. Instead, set up a separate bank account for giving and remember that the Universe always returns what you put out there – even if it’s just a few bucks to help someone out. They’ll appreciate it more than you know! Plus, you’ll feel better.
6. Having a selfish mindset
People with a poor mindset are often selfish. They believe that the world owes them something and they think they deserve everything. They don’t have a rich mindset and this can hold them back from succeeding.
Wealthy people understand that they can’t be successful without sacrificing some of their own self-interest. They also know that they need to be able to admit their mistakes so they can learn from them.
People with a poor mindset are also jealous of other people’s success. They will try to bring others down to make themselves feel better. They don’t understand that wealth is created by adding value to the world. This is why they should work in an industry that allows them to serve others. The more they contribute, the more they will get in return.
7. Being impulsive
Everyone makes impulsive decisions from time to time, such as getting a new haircut or saying something they wish they hadn’t. However, if your impulsive behavior is impacting your work and relationships, you may need to seek help.
Impulsivity can also be dangerous, such as if you’re driving when you’re tired and hit someone. It can also be a sign of an underlying mental health condition, such as ADHD, which can be treated with medication.
A rich mindset understands that reputation is everything and that trust and respect aren’t earned quickly. They know that they can use a surplus of resources to accelerate their education or business. They don’t just spend money for the thrill of it. They invest it in a future they want to see.
