When I see the words “money mantra,” I am instantly a little skeptical.
People often confuse money mantras with affirmations – statements like “money comes easily and abundantly to me.” There is nothing wrong with affirmations, but they are not the same as money mantras. Affirmations are what you intentionally tell yourself for 5 minutes in the morning as you get ready for your day. You may or may not repeat them for the rest of the day.
In contrast, your money mantra is what your actual belief is throughout the day as you make money and life decisions. Think of it as your guiding principle in financial matters. It is rooted deeply in your belief system and affects all your money decisions, big and small.
My Money Mantra
I uncovered my mantra almost instantly: “having money in the bank gives me choices.” I think this mantra even helped me come up with my business name; having choices gives me a sense of peace. This statement is a basis for my daily decision making process and in my plans for the future. If I say “no” to one decision I can say “yes” to something else. Being able to choose what to say “yes” to is important to me. I want to able to say “yes” to making charitable donations, to supporting artists, to paying for my daughters college, to my husband retiring early.
DIY Money Mantra
You can discover your own money mantra by investigating your beliefs around money. Do a little soul searching and ask yourself some questions about your positive and negative thoughts and ideas around finance. This list of 20 questions should help get you started.
This activity can be done solo, or with a money buddy or partner! Once you’ve investigated your beliefs, some positive statements that you can use as your mantra may start to pop up. If you find you don’t have a lot of positive beliefs around money, do some digging to find a mantra that feels true enough for you that you can start operating with it on a daily basis. Incorporate it into your money decisions and see if you can track your progress. Make sure your mantra is guiding you in the financial direction you desire. I desire choices – what do you want from your money?
A money mantra simplifies financial decisions and helps you create a personal financial philosophy. Uncovering one is in itself a helpful process that can help bring financial clarity to your life. Happy soul-searching! May peace be with your money. If you’re finding you need some financial guidance with your business finances, check out my services page or schedule a discover call.