8 Signs You May Have a Scarcity Money Mindset

3 months ago 26

Let’s face it, most personal finance advice has been centered around shame and scarcity, and while it has worked for some people, it can also do a lot of damage and discourage others. Human-beings have evolved to have a negativity bias, which explains why we are more motivated by negatives than positives. That’s why this blog post might have caught your attention as opposed to a title like “How to create an abundance mindset around money.” While the negativity bias was a helpful trait to have when we were running from tigers in the wild, it can really hold us back in modern life. Scarcity is related to our negativity bias because it is the belief that there aren't enough resources to go around, money is a struggle to come by and we have to scrimp to conserve and hoard what is ours. And scarcity can make us do irrational things... like creating a non gas shortage into a real gas shortage.


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