A discussion about the economic plight of women is definitely in order right now. Moms throughout the world are looking for ways to take better financial care of their families, whether they’re single or married. And, we certainly know now that security cannot be achieved by working for others.

We grew up in households that preached, “go to school…get a good job”. But, now that the economy (the job market, credit accessibility, and pricing) has changed right before our eyes, we need to realize that the time to make our financial lives better is right now. No longer is having a good job good enough. In these times, those who are choosing to ignore creative ways to add to their bottom line may be sacrificing how financially comfortable they may be later.

Anyone can start an additional income stream this month pretty simply and without a large outlay of cash. Take a look at restauranteur Paula Deen. She was in a situation where she had to support her two sons and herself: she had to make it happen. With a few dollars and sweat equity, Paula launched what would one day become a multi-million dollar business. Although there were many days in which she was afraid and frustrated, she persisted and is accomplishing amazing things in her business. And to make her story even more inspiring, she started her business after the age of 40.

Paula’s story is really encouraging, but isn’t totally unique. She did what many moms who’ve taken their economic viability into their own hands have done. But what made her take massive action to get this business off the ground? It had everything to do with her mindset.

What set her, and many other successful women entrepreneurs, apart from others who feel stuck and unable to move ahead was her mindset. Unless a mom determines that she has to make something happen for herself, she may let her mental blocks get in the way. Economically, many of us are fighting against a limited way of thinking.

Our first task is to be aware that what we may perceive to be true may not be accurate. Often, we take perceptions as fact. We don’t question why we think the way we do, we just let our thoughts define what we can or cannot do. For example, some of us may often make the statement, “I can’t afford…”. Is your declaration really a fact or your perception?

You may not have the money at that moment, but does it really mean you can’t afford whatever the item is? We all should banish the phrase “I can’t afford…” from our thoughts because what we’re really saying is abundance does not flow in our lives. And, if we continue to subscribe to this belief, the harder it will be for us to live abundantly.

Your First Assignment: Think about something you’ve recently wanted and said to yourself you couldn’t afford. Think about whether you really wanted that item or if you were making that comment out of habit. If you find yourself saying this out of habit, begin by stopping that thought the next time you think it (and NEVER verbalize it). If you decide you truly do want that item, brainstorm three (3) ways you could afford it. Think about opportunities and solutions that could bring in additional streams of income without getting a job.

We moms can do miraculous things when our backs are against the wall. We’ll come out fighting, especially when the well-being of our children is at stake. Many mom millionaires started the journey to their wealth when they felt, for whatever reason, they didn’t have a choice. In many instances, a way was made out of no way. Whatever mental blocks they may have had about money came tumbling down when they had to financially make things happen.

But, what do you do when you want to make significant financial changes in your life, but you aren’t in an emergency situation and you don’t know where to begin?

The first place you must start is determining if you really want to make changes or are you merely playing lip-service about having a healthier relationship with money. And make no mistake about it, the mental blocks that we have to wealth accumulation are about our relationships with money.

Once you decide that you truly want to make changes, you must look at your views about money from two distinct perspectives.

The first perspective focuses on your worldly views about wealth. Do any of these beliefs sound familiar?

o There isn’t enough money in the world.

o Money doesn’t grow on trees.

o The world (or this society) controls how much money I have (or may not have).

o It is really hard to make money in this economy.

o Fill in the blank with any other worldly beliefs you may have about money:_______________________

The second perspective focuses on your personal beliefs about your ability to have money. Do any of these resonate with you?

o I’ll never be wealthy.

o I’m not worthy of having wealth.

o I’m not smart enough to figure out how to get wealth.

o I don’t have enough education to be wealthy.

o Fill in the blank with any other personal beliefs you may have about money:______________________

Now that we’ve determined our mindset about money, it’s time to take steps to develop healthier beliefs.

One of the first things we need to do is recognize that our thoughts or beliefs aren’t necessarily facts. They are just things we’ve told ourselves over and over and which we may now take as fact. Remember that beliefs are just one way of looking at something.

Let’s do an analysis exercise of your beliefs:

1. Look at the beliefs that you wrote down. Now, scratch through those thoughts and next to them write, “I have a false belief that…(fill it in with the beliefs you crossed out).

2. Fully identify your false belief and write it down. An example is “I will never be financially comfortable”.

3. Determine the attached meaning behind your false belief, such as “My family always struggled = I will always struggle”.

4. What would you rather replace your false belief with? (An example would be, “I can be wealthy”).

5. When do you remember first identifying with this false belief? Do you know? (An example would be, “My dad used to always say money doesn’t grow on trees.”)

6. What is my desired new belief? (“Money can easily flow to me.”)

7. Now truly visualize what your new belief looks like. How will you look once you are living this new life? How will you act? How will you feel? What will your life look like?

8. What is your new belief?

If you find that you can’t fully accept your new belief after doing this exercise, then move on to this next exercise.

Focus on wealth

If you’re constantly focusing on what you don’t have, you’ll continue to struggle while not having. You have to begin focusing on what you want, more wealth and a healthier relationship with money. Wherever your thoughts flow, your actions will follow. If you keep wealth-building in the forefront of your mind, you will soon see your actions change, moving you closer to actualizing a wealthier life.

There’s an extremely easy way to begin focusing on wealth. Start by getting your hands on a book about wealth creation or read a biography about a wealthy person. You can find great resources on the Internet or in your local library, but a couple of obvious choices are Think and Grow Rich by Napoleon Hill and Rich Dad, Poor Dad by Robert Kiyosaki.

Finally, if you feel false beliefs creeping into your thoughts, push the “pause” button of your mind. This interrupts the thought and keeps you from being pulled further into it. Replace the negative thought with a positive thought about anything else. Do this every time you are faced with your false beliefs.

Most importantly, find ways to pursue wealth by taking massive action everyday on developing income streams. Researching how others have done it will help you tremendously. If you can find a (wealthy) mentor to assist you on your journey, that will make it all the better. And even if you can’t, you can always model yourself and your business after someone who’s done something similar, i.e., read one of Paula Deen’s books, if you want to start a food business.

But don’t just read about how others have become wealthy, ACT ON IT! Make their steps your steps. Using what you’ve learned from others, create a plan. Now is a perfect time to achieve financial success because so many successful people are sharing their journeys and information is so easily obtainable.

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