Jen Sincero writes in her latest book “Badass Habits: Cultivate the Awareness, Boundaries, and Daily Upgrades You Need to Make Them Stick” that any goal, including financial goals, starts with a proper mindset.
“One of the most important things is to learn how to talk about money in a positive light,” Sincero says. “I think we often focus on the actions we take with money, instead of speaking positively about it.”
A wealthy mindset goes hand-in-hand with increasing our incomes, investing wisely, budgeting our money, all things that are crucial.
Sincero said many people develop a toxic relationship with money that prevents them from improving their wealth.
In her view, one needs to give themselves permission to make money by giving themselves permission to be aware of their wealth consciousness.
You’re a badass
She wrote about her challenges with money in her book “You’re a Badass at Making Money: Master the Mindset of Wealth,” as well as what she did to change that.
“The first step to getting wealth-conscious is giving yourself control your financial future permission to like money,” she said. “I hired a financial coach, which scared the hell out of me because I was in debt and she was not cheap. I started a coaching business. I doubled my rates. I really hustled to get clients when I was really terrified to go up to strangers.”
As she encourages “Badass Habits,” changing your habits around money is also key.
“Overwhelming yourself is one of the biggest reasons you don’t start and keep good habits,” she advises. “If you’re going to read finance books, break them down into bite-sized chunks so you don’t feel overwhelmed with a ton of reading material.” Making your habit as easy as possible.”
The pandemic has decimated many Americans’ financial plans, but Sincero hopes this moment can also afford new ways to think about wealth and income.
In these hard times, I cannot imagine some of the struggles people are facing, but I want to remind everyone that there is always an opportunity when we get such a massive reality shift,” she said.
In the current economic climate, he suggests that people look for the silver lining or to remember that they cannot spend a lot of money now. “We really have a chance to save right now that we have never had before.”