Advertising

6 False Beliefs You Must Let Go of to Make Money Efficiently

Advertising
6 False Beliefs You Must Let Go of to Make Money Efficiently

I don’t really want to go much into the philosophical side of what it means to make money, but I feel that a quote by Tony Robbins really comes in handy here: “Where focus goes, energy flows.”

So what does this exactly mean in the context of our topic? Well, it is not a secret that any action that we have ever done (excluding reflexes and automated body functions), existed first in the form of a thought. Hence, our thoughts shape our life. Regardless of whether you are happy or depressed, it doesn’t matter. It isn’t the surroundings or events that make us feel that way, but our reactions towards these things. A car breaking down for one person may mean the end of the world, while another person may see it as a great opportunity to finally start using public transportation. It really is up to you how you react.

Now, coming back to the idea of making money, I must admit that I was raised with a number of limiting beliefs that I could not easily accept and let go of. In fact, most of the people I know have the same beliefs. It is just the way most of us were raised and something we never really questioned or thought of proving wrong – we simply went with the flow. But after spending some time trying to rationalize my thoughts, I finally came to the conclusion that there exists a number of beliefs that will always hold us back from making money no matter what. And the only way to battle this is by becoming fully aware of these beliefs.

1. Rich people are greedy

One of the most common misconceptions I hear about rich people is that they are greedy. They are rich, and they always want more! But how do we know this? From movies? Or from those clips that we once saw on the news? Obviously, there are corrupted people in the world that have attained their wealth in an unethical way, but what we don’t want to consider is that the world goes far beyond that. As a matter of fact, rich people are the ones to donate the biggest amounts of money to various charities, which is something that their offenders will never be able to afford.

Another thing that I have recently come to understand is that many rich people are wealthy because they dare to take action in life in a way that others can’t. Most rich people are driven by risk-taking and self-development. I think that instead of judging them, we should see them as an example of what it means to have an exciting and proactive life.

Advertising

2. I was not born in a rich family, so I can’t become rich

This is another very popular belief. Because one was not born in a wealthy family, they automatically think that they don’t have the opportunity to make a lot of money. The only way we can become rich is by winning a lottery, they say. Moreover, that becomes their excuse to avoid working hard and coming up with brilliant ideas. They point fingers at people driving a Lamborghini and say that their rich dad bought it for them.

Again, it doesn’t matter what the story is behind that young dude driving his sports car. The idea that I am trying to get across is that we should avoid irrational judgment. “Where focus goes, energy flows,” so don’t focus your mind on why it’s wrong to have a sports car, but rather on what you could do to be in a similar position, if that is what you want, of course.

Most of my life, I would look at people with nice cars and judge them, thinking that they probably never paid for that car. But with time, I learned to look at them and to admire the fact that they have the opportunity to drive the car of my dreams. I motivate myself by thinking that if that person found a way to make enough money to buy that car, then I can find a way as well. I am sure it is possible. I convince myself that it is.

3. Money will not make you happy

This one is my all-time favorite. The funny thing is, I hear this phrase more from people that are broke. Moreover, they constantly talk about all the great things that they would do if they had the money or the things they want to do in order to make that money. When they forget about what they said before, they repeat once again that money does not make anyone happy.

I don’t want to be hypocritical about this, but I also think that money does not equal happiness. However, even though I am not excited about being able to buy things for myself, I really love being able to give to other people. And guess how much it hurt me when I was not able to buy a simple gift on a birthday to my parents simply because I had no money? So, while I don’t think that money can make you happy, I think it can impact your happiness indirectly.

Advertising

By being able to help others with money, you can give them so much! Unfortunately, everything in this world costs money. And the more quality you want, the more you will need in order to pay for it. Therefore, I am aware that I must make a lot of money to be able to help as many people as possible in ways that they could really benefit from. I also feel that I could give back to my family that has put so much time and effort into raising me. I will never be able to give back all of it, but I would be extremely happy to be able to offer them the comfort that they need. Money will not make you happy, but if you know how to use it, you can make so many people around you feel so much better, be it by buying them food, shelter, expensive treatments and medicine, or just plain gifts.

4. Money will destroy your soul

I am a vegetarian and I am very big on yoga and meditation. Throughout my whole life, I was convinced that spirituality and money do not go hand in hand. It was clear to me that I must choose between the two. Thinking about the way I used to rationalize then makes me want to scream out loud now.

This belief is so powerful that it completely destroys any opportunity of making any amount of money exceeding your monthly salary. I know this is closely related to the belief regarding greed, but, nevertheless, I want to look at it separately because there is much more to it than just greed.

I used to hear stories about how people would make money, and then they would make more and more money, and would not be able to think about anything else other than money. I also heard people tell me that you don’t need to make a lot – just a bit. Well, I agree that you can be poor on the outside but rich on the inside, as well as be rich on the outside, but poor on the inside. Like I already mentioned, it is all about the mindset. You can earn millions, but still have that scarcity mindset where your fear of losing all that wealth takes over and rules your life.

On the other hand, why would money kill spirituality? Can you not meditate, do yoga, be generous, kind and loving with a lot of money? Since you have a lot more money to spend on comfort, you can probably be more loving, kind, and generous with money, than without it. You have less basic things to worry about.

Advertising

I have observed that people that do make a lot are simply more capable of making more money. By having the action-taking mindset that they do and by having more money to invest, they can afford to take more risks, and therefore make even more money. And it isn’t always about living in the scarcity mindset, but about simply rich people loving what they do and their business lifestyle. Think about it, would a lazy person be making a lot in the first place? Of course not! Only people that are passionate and ambitious find ways to create that wealth, and they will continue being passionate and ambitious even after they have become rich. It isn’t always about the wealth, it’s the attitude.

5. Make money to make the world a better place

When my friends talk about making money, they make it sound so dull, so black and white. It’s always about making big bucks and buying cars and houses. I used to also think this way, but after shifting my beliefs, I gained a whole new understanding of what making money really means.

If you think of wealth only in terms of houses and cars, you should definitely reconsider your beliefs. This is exactly why you see rich people being depressed and people like me writing about the topic. Bad examples are always a lot more noticeable than the good ones.

To be able to view richness as something worth striving for, you must create interesting, intriguing, and virtuous goals. If you see money as a way to make only yourself wealthy, it will never be a big enough motivation to actually make it happen. However, if you set real and meaningful goals, you will have a totally different attitude towards money.

Isn’t being able to build hospitals and schools for people all over the world worth living for? Isn’t being able to offer water to dry areas of earth virtuous? What about helping homeless people and animals, investing in research against deadly viruses, or helping invent new technology for the benefit of all humankind? Aren’t all those things worth getting rich for? You can do so many great things with money, and it all comes down to your imagination.

Advertising

6. Becoming rich is difficult

I don’t think it is easy either. But I do not think working your whole life eight hours a day at a job you hate is any easier. On the other hand, being able to earn a lot of money for something you love doing, and then being able to help the rest of the world, seems like a good cause for hard work.

Also, if your motivation is more than just making a lot of money, you will be able to work all day long without having the feeling that you are at work. As I already mentioned, it is all about the mindset.

Conclusion

I have many times heard that money is energy, but I was not sure about what that meant. Now I understand that making money is not only about earning the actual money, but more about the way you look at things. If you are totally confident about why you want to become rich, if you have learned to see wealth as something beneficial to the whole world, as opposed to something “wrong”, then you allow your focus to go towards that reality where money and richness are a part of your life. But if you keep judging others and finding excuses why money is evil, there is no way you will ever earn more than what you get paid at your normal job.

Get rid of limiting beliefs and don’t let anything stop you from achieving your goals!

More by this author

Victor Stepanchikov

Software Engineer, Blogger, Personal Development Freak

5 Ways to Turn Pessimism into Healthy Optimism Make Money 6 False Beliefs You Must Let Go of to Make Money Efficiently 2 Things You Must Let Go to Find Happiness and Satisfaction 12 Fundamental Time Management Tips that Will Change Your Life

Trending in Money

1 5 Most Affordable Australian Cities For Students 2 10 Amazing Places You Can Afford To Retire Abroad 3 33 Painless Ways to Save Money Now 4 How To Achieve Financial Freedom With the Right Mindset 5 Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

Read Next

Advertising
Advertising

Last Updated on January 27, 2022

5 Most Affordable Australian Cities For Students

Advertising
5 Most Affordable Australian Cities For Students

With high standards of education, a multicultural community, and laid-back lifestyle, it’s not hard to see why so many students love Australia. However, one thing Australia is also known for is being the world’s most expensive country to study in as a foreign student.

For those willing to look beyond popular cities like Sydney or Melbourne, however, study abroad doesn’t have to be unaffordable. Check out these five more economical cities that still make for great student living.

1. Gold Coast

If you’re looking for a more affordable place to buckle down and study while still enjoying glorious beaches and a vibrant nightlife, the Gold Coast is an excellent choice. While it has no shortage of restaurants, cafes, bars, and natural attractions, the city is also well-known for its quality of education.

Gold Coast is home to Bond University, which has Australia’s highest rating for overall graduate satisfaction, but also some of the country’s highest tuition fees. Fortunately, it hosts campuses for Griffith University and South Cross University as well, both of which have affordable options for international students.

Advertising

When it comes to off-campus accommodation, there are plenty of choices, from shared housing to homestays. Real estate sites like Flatmates can be useful for finding options within your budget.

2. Wollongong

Wollongong’s close proximity to Sydney (80 km) makes it a popular choice for students who can’t afford the high cost of living in Australia’s largest city, but still want to experience all that it has to offer. Wollongong itself is a lively city as well, and is rated as the country’s most livable small city thanks to its gorgeous beaches and lively city centre.

The University of Wollongong is one of Australia’s top universities, with a comprehensive academic program, international research reputation, and high graduate employment rates.

Due to a lack of on-campus parking, most students prefer to walk, cycle, or use the free bus service that operates between the university and city centre. Living costs are quite reasonable in Wollongong, and sites like Gumtree can come in handy if you’re looking to split housing costs or even score some second-hand furniture on arrival.

Advertising

3. Hobart

Hobart is the capital of Tasmania, the second oldest city in Australia, and also the cheapest city for university students to live in. While it might not be as happening as cities like Gold Coast or Brisbane, its striking natural beauty and slower pace of life make it a great place to block out distractions and focus on studying.

The Hobart Universities sector is based on a single institution, the University of Tasmania, which is consistently rated among the top ten universities in Australia and has a large population of students from abroad, with more than one in five students being international.

Although public transport in Hobart isn’t as convenient as could be, there is plenty of student accommodation available to make up for it. Students often live in shared houses near the university so they can simply walk to class. If you’re looking to rent a shared house or room in the area, Easy Roommate can be a good place to start your search.

4. Adelaide

Of Australia’s major cities, Adelaide is the cheapest to live in. That, along with its spacious layout, clean and green atmosphere, and beachside attractions make it a great place to live and study. It’s also regarded as the food and wine capital of Australia.

Advertising

Adelaide has three universities, including the University of Adelaide, which is ranked in the top 1% of universities worldwide; the University of South Australia; and Flinders University. Its integrated bus, train, and tram transportation system connect all parts of the city and make it easy for students to get around.

Naturally, the cost of accommodation is lower outside the city centre, and depending on which university you’re studying with, the outer suburbs could be more convenient as well. Check Study Adelaide for information on a range of student accommodation options, from independent living to homestays.

5.  Brisbane

Brisbane is the capital of Queensland and Australia’s third largest city. Unlike Sydney and Melbourne, it’s known for being one of the most affordable cities in Australia, which makes it a good choice for students. It’s also known for its pleasant subtropical climate and wide range of entertainment options.

Brisbane has three major universities: the Queensland University of Technology, the University of Queensland, and Griffith University (which accepts the most study abroad undergraduates). The inner city is well-connected by public transportation, although cycling is popular as well, and there are plenty of cycle paths that make it easy for students to get around this way.

Advertising

Students typically live in and around the inner suburbs, where the bulk of Brisbane’s teaching facilities are located. If you’re looking for convenient accommodation off-campus, you can check sites like Urbanest or The Pad.

Featured photo credit: Bhavesh Patel via unsplash.com

Read Next