A "Scarcity Mindset" is the mindset that there will never be enough resources. Typically, most people have a scarcity mindset with money.
This mindsets leads to questions like "Will I have enough to travel? Will I have enough to go to this event I would like to attend?" So often we find ourselves turning down some great opportunities that we could have made happen because we’re so afraid that there will not be enough resources to do it, when usually there is or a way to make it happen.
Don’t get me wrong I’m a big fan of airing on the side of precaution, but there’s a defined line between a scarcity mindset and airing on the side of precaution.
When we have a scarcity mindset, we are turning a blind eye to all of the blessings headed our way. This is when we need to make sure that our mindset isn’t scarcity based.
Here’s five ways to help prevent the scarcity mindset:
1. Prioritize your goals
Make a list of your goals and prioritize. Make sure you are making your top three goals the most important and chase after them! As life goes on and your complete goals, make a new top three and keep chasing.
2. Plan Ahead
Plan ahead financially so you are able to meet your goals. So what if the trip is a year away? Or so what if you want to be able to achieve a goal in a year or two? Start slowly saving to be financially prepared without having to be overwhelmed at the last minute.
3. Prioritize Things in the Meantime
Prioritize between events! Should you really go out every weekend to grab drinks with friends? Do you really need Chic-Fil-A or more makeup? Probably not! Make sure you can afford to save and prioritize for what you actually need in the meantime so you are able to meet your goals later. Definitely have fun in the meantime, but make sure you are prioritizing being financially prepared to meet your goals!
4. Find a Side Gig
If you find yourself stressing about saving or just want extra money for some cushion, find a side gig! Become a freelancer in your special skill, be a dog walker on Rover, drive for Uber or Lyft, or deliver groceries with Instacart. The possibilities are endless. There are so many companies now like Uber or Instacart to make some extra money to work when you want to around your schedule. Extra savings money never hurt anyone!
5. Manifest an Abundance Mindset
Know that better things are always on the way! Put it out there in the universe, however you decide to do so, and watch your blessings return. Just telling yourself that you will be able to achieve your goals and you will make it happen will change your mindset completely. Know that you can do this and manifest it!
Scarcity mindset may tend to take over at times, but just keep to these five ways in mind to keep many blessings coming your way!
WRITTEN BY WHITNEY HUFF
Atlanta Freelance Social Media Specialist & Blog Writer