A POSITIVE MINDSET AND FINANCIAL ABUNDANCE

 A certain youth said that he worked very hard but money eludes him. He is not alone. The question we have to ask ourselves is why is it that we work so hard but money is elusive to the extent that some people give up pursuing their dreams? Iam not denying the fact that looking for money is tough. What Iam trying to investigate is that what contributes to this struggle of looking for finances?.

As a Financial Literacy Trainer I have witnessed the pain and agony that people go through when discussing money issues. However I want to focus my attention to the issue of mindset. There are people whose lives have been altered financially after attending a financial literacy training and have thanked their mentors for changing their mindsets regarding money. There are other people who do not believe in mentorship and they believe that on their own they will solve financial issues.

In studying about finances the issue of a growth mindset and fixed mindset applies. A growth mindset is one where a person agrees that their situation can change. A fixed mindset is one where one has implanted it in their mind that their financial circumstances can not change . Unfortunately God gave us the power of choice. One can choose to have a fixed or growth mindset. In his book Think and Grow Rich ; A Black Choice, Dr. Dennis Kimbro identifies several black Americans who were born in poor families but overcame odds to become some of the wealthiest people in the world. A case in point is Oprah Winfrey. She was not born in a rich family but had a dream that one day she would become wealthy. Today she is one of the wealthiest women in the world. She was intentional in feeding her mind with the right information. In his book the Financial Rebuild, Livingstone Mukasa points out how his background of being born in a slum motivated him into the successful businessman that he is today. It is the same thing when one reads the story of Professor Wavamunno in his book the story of an African entrepreneur. This reflects to us the power of mindset and a positive attitude. We can become anything if we have the right mindset.

The above lessons teach us that there is a positive correlation between our mindset regarding money and our financial status.

HOW TO BUILD OUR FINANCIAL DESTINES

1.Have a big financial vision

2.Acquire mentors or coaches

3.Read financial books

4. Attend financial literacy trainings

5. Develop positive money habits

6.Embrace change

7.Celebrate small wins

8.Learn from the very best

9.Start small

10.Develop skills

11.Be Coachable

12.Learn from your failures

Money is an emotional subject. It can even cause fights and enemies. What leads to financial abundance? Why is the subject of money elusive? How is mindset connected to financial abundance? The above discussions paint a picture.

Phillip Kiryowa

Finance and Leadership Coach

+256752615916

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