Do you wish you could wiggle your nose and attract financial abundance?
While it might not be that easy, it’s not as hard as most people think to achieve the desired financial life.
It all comes down to a positive and abundant mindset. With a few steps, anyone can achieve their financial goals.
Table of Contents
What Is Financial Abundance?
Achieving financial abundance means something different to every person. In general, it means you have enough money to live life how you want.
It doesn’t mean you are rich or even financially independent. Instead, it’s a state of happiness with your financial situation, allowing you to enjoy life’s simple pleasures.
How Does Financial Freedom Differ From Financial Abundance?
Financial freedom and financial abundance can overlap. Financial freedom means you have enough money invested and saved to produce passive income for the rest of your life. You don’t have to rely on your job and can fulfill your retirement dreams with your saved money.
What Does Financial Abundance Look Like?
Financial abundance means you have enough money to live life how you want. It doesn’t necessarily mean you don’t have to work. But you have enough money saved, invested, or coming in to allow you to live life however you desire.
The Financial Abundance Mindset
To achieve financial abundance, you must have a financial abundance mindset. This means you have beliefs that attract what you want in life. This means you:
- Positive thinking: A positive attitude and looking for the good in everything brings more good into your life.
- Goal setting: Setting and reaching goals helps you reach financial abundance.
- Persistence: Life happens, and sometimes it can derail us from our goals, but staying persistent can help you reach them.
Scarcity Mindset vs. Abundance Mindset
Achieving financial peace means having an abundance mindset and not a scarcity mindset. When you have a scarcity mindset, you fear there is not enough money to go around.
This mindset keeps you feeling stressed about money and doesn’t allow you to let go and live life. Instead, you’ll hold onto every penny you make and assume you’re meant to be a “wage slave” to your job for the foreseeable future.
If you have an abundance mindset, you believe there is more than enough money to go around. With this mindset, attracting money is simple. You don’t worry that you will have enough money because money flows to you, allowing you to live life how you hoped.
How To Attract Financial Abundance: 10 Steps
Attracting money may feel impossible, but here are ten steps to achieve financial security and feel financial peace.
Step 1: Self-Reflection and Awareness
Stop and think about what you think about money. In other words, what is your money mindset?
Do you have inner peace about your financial situation, or does it cause you stress? Focus on the words you use when you talk or think about money.
Do you have negative thoughts about money and constantly think you’re not worthy of having enough, or are you open-minded and focused on the positive aspects of your financial situation?
The more open and honest you are about money, and the more you focus on your inner thoughts, the easier it is to have money flowing to you.
Step 2: Identify Limiting Beliefs
Too many people look at money as a bad thing. They think it causes stress or is what makes the world go around.
If you have limiting beliefs about money, try turning them around. The key is to stay positive as much as possible to achieve financial wellness. Write down your thoughts about money and how they affect your ability to grow wealth.
If you have limiting beliefs, they hold you back, whether they’re based on your past performance or it’s what you believe.
Find ways to look at the opposite of those negative thoughts, learn to find gratitude in new possibilities, and feel confident in your abilities to build money abundance.
Step 3: Challenge Negative Beliefs
As you monitor your thoughts about money, start challenging your negative beliefs. For example, if you say to yourself, ‘I could never afford that.’ Ask yourself why.
What makes you think you aren’t good enough to save, invest, and work hard for what you want in life?
These negative beliefs stop you from building a solid financial future, whether you realize it or not. It’s subconscious, so challenging those negative thoughts as much as possible will help you feel more abundant.
Step 4: Positive Money Affirmations
Practicing positive money affirmations can help your subconscious help you achieve new possibilities.
If you aren’t used to positive wealth affirmations, they can feel weird at first, but the abundance affirmations can quickly become a habit and change your subliminal thinking about money.
Just saying things like, ‘I have all the money I need,’ or ‘I am fully capable of earning the money I need to be financially abundant’ can make a major difference in your mindset and ultimate goals.
Try adding as many financial abundance affirmations to your routine as possible to get money flowing.
Step 5: Visualization
Visualizing your financial abundance is another tactic that takes practice but, in the end, is well worth the effort. Whether you do guided meditations or visualize yourself, you tell the universe that you’re ready to make your dreams a reality.
Step 6: Gratitude
Think about how good you feel when you are grateful. You likely have a positive mindset and begin to have more money than you thought possible.
Now, flip the coin and think about how you feel when you’re negative. You are likely in a much worse mood and hold yourself back from possibilities.
Gratitude unlocks many more possibilities and makes you feel happier and healthier, leading to financial success.
Step 7: Mindfulness
Mindfulness means you know each action and how it affects your long-term goals. When you want to create financial abundance, you are more aware of where and how you spend your money.
You ensure every dollar you make leads you to your ultimate goals. When you’re mindful, you get less caught up in the craziness of the world and instead focus intently on your goals.
Step 8: Education
The more educated you become on financial abundance and how you can achieve it, the easier it is to have more than enough money. Constantly learn about personal finances, setting and achieving financial goals, and how to reach financial success. You are never too old to learn!
Step 9: Professional Guidance
Consider professional guidance if you’re looking at new investments, are scared of investing, or just want another set of eyes on your finances.
A financial professional can help you create a plan to achieve financial abundance and financial freedom. Hence, you use your resources wisely and are able to achieve your life’s greatest goals.
Step 10: Journaling
Journaling is a way to get your feelings out, see where you fall short, and change your mindset. Taking the time to write down your feelings and truly understand where you stand can help you get a better sense of what you must do to reach your goals.
Best Abundance Affirmations To Transform Your Mindset
If you’re ready to incorporate an abundance mindset into your life, you must use money manifesting affirmations. Here are a few of our favorites:
- My money works hard for me.
- I am rich.
- I am enough.
- I am capable of controlling my financial wellness.
- I deserve the money I bring in through working and investing.
- I am not scared of money.
Is It Possible To Attract Financial Abundance With a Modest Income?
You can attract financial abundance no matter how much money you make. It all depends on your mindset, your thoughts about money, and how you act around it. To become a money magnet, you must believe that you are good enough to achieve your financial goals.
What Are Some Common Investment Options for Building Wealth?
Every person will invest differently, but some common options include stocks, bonds, ETFs, mutual funds, and REITs. The right investment for you depends on your timeline, goals, and risk tolerance.
What Role Does Goal Setting Play in Achieving Financial Abundance?
Setting goals gives you a target. When you don’t have goals, there’s no target to go after, and it’s easy to get off track. Having goals ensures you know where your money must go, and you can monitor your progress as you go.
How Can I Protect My Financial Abundance From Unexpected Events?
Everyone should have an emergency fund to protect against unexpected events. You never know when life may go sideways. The more money you have saved for times like this, the easier it is to create the life of financial abundance you want.
What Are Some Common Financial Mistakes To Avoid on the Path to Financial Abundance?
Everyone makes mistakes when trying to achieve financial abundance. The key is to learn from the mistakes and move forward.
For example, if you overspend, get into debt, or elevate your lifestyle because you got a raise, fix the situation as soon as you realize what went wrong to help achieve your goals.
Should I Consider Working With a Financial Coach or Mentor?
Having a mentor to help you determine your next steps is always a good idea. Having a neutral third party to bounce ideas off of and keep you accountable is a great way to create the life you want.
What Are the Signs of Wealth?
The signs of wealth vary for each person, but they may look like confidence about money, no longer feeling stressed about your financial life, and not living paycheck-to-paycheck. When you have money to live life how you want, you are showing the signs of wealth.
Can I Be Financially Free at 30?
You can be financially free at any age. The key is to learn how to live a life that allows you to save more than you can spend. Rather than focusing on instant gratification, you focus on saving for the future, and this can happen at any age.
How Much Money Do I Need To Be Financially Free?
Every person needs a different amount of money to be financially free. How much you need depends on your monthly bills and the lifestyle you intend to live moving forward. Ideally, you should have enough money to live indefinitely without having to sacrifice.
Do Money Mantras Really Work?
Money mantras work when you believe in them. If they bring you joy and prosperity, they can help you fix your finances today and move forward.
Are You Ready for Wealth and Abundance?
If you’re ready to live a life of financial abundance, it’s time to change your mindset. You might be surprised to see how easy it is to live the life you’ve always dreamt of simply by changing how you think about money.
Samantha Hawrylack is a personal finance expert and full-time entrepreneur with a passion for writing and SEO. She holds a Bachelor’s in Finance and Master’s in Business Administration and previously worked for Vanguard, where she held Series 7 and 63 licenses. Her work has been featured in publications like Grow, MSN, CNBC, Ladders, Rocket Mortgage, Quicken Loans, Clever Girl Finance, Credit Donkey, Crediful, Investing Answers, Well Kept Wallet, AllCards, Mama and Money, and Concreit, among others. She writes in personal finance, real estate, credit, entrepreneurship, credit card, student loan, mortgage, personal loan, insurance, debt management, business, productivity, and career niches.