Money Mindset: This is how cleverly toxic beliefs are camouflaged behind motivational slogans
Money is a difficult subject for many people. Everyone has a different connection to it and may have grown up in more financially secure circumstances than others. Also the mental Burden dealing with theming finance involved is different for each person. More and more often, however, this fact seems to be completely irrelevant and even being exploited. “Experts”, as they like to call themselves, advertise their supposedly life-changing products on the internet and especially on social media workshops, in which they want to use their great wisdom to help participants achieve financial freedom – we’ve all probably seen one of these ads at some point. This type of training – if you can even call it that – is often based on mottos like: “You can do anything if you really want to”, or “It’s all just a matter of mindset”. Ah yes, I see. Why such statements unbelievable problematic are related to finances and what a healthy approach to the topic should really look like, you can find out here.
Money Mindset: It all starts in your head
You have to give those “experts” one thing: They really know how to express themselves and manipulate people. If I see another ad where some guy asks me to enroll in his course to be as rich and drive great cars as he is in two weeks, I’ll go crazy.
What annoys me the most about it: to find people who want to participate in their valuable lesson, they turn the tables quite easily. These offers are aimed at people who are unhappy in their financial situation, who have problems as a result and who no longer know how to help themselves. And how do you get to these people? By persuading them that it’s all just a matter of their heads. That their money worries arose from their lack of money mindset and they need to change something. So you seriously want to claim that people who are in financial distress, working multiple jobs in order to possibly also support children, have put themselves in this situation? Then everything is clear.
Money Mindset: So it’s my own fault for having financial problems?
The big problem with all the “content” these courses teach is obvious: it’s all based on the premise that financial worries are just the wrong thoughts. Because I don’t have the same mindset as someone who doesn’t have money worries, I’m supposedly contributing to my financial situation and preventing myself from becoming careless – you see the problem?
A related issue is “Lucky Girl Syndrome”. A toxic TikTok trend that tells users they are preventing themselves from being happy. They should achieve the state of the “Lucky Girl” by manifesting being happy and simply swallowing their true emotions – problematic on many levels. However, the basic idea remains the same with the Money Mindset: It is your fault that you do not live a happy and carefree life because you simply do not want it enough. Well, I’ll just manifest briefly that I have a few million in the bank.
Money Mindset: That’s why you don’t need unnecessary workshops to build a healthy relationship with money
I think I was able to make it quite clear why the whole money mindset topic is simply not true and why it is better to keep your hands off it. Developing a healthy relationship with money is more efficient and better for mental health in the long run anyway. You don’t need a toxic savings trend and no alleged experts who want to drum you into it that you are to blame for everything. Extremes are never a good way to get there. If you really want to take control of your financial independence, it is important to get an overview of what money goes where. What do you spend your money on and where do you get it from? A budget is very helpful for this. Cutting out something that brings you joy from your life entirely just to save isn’t going to work in the long run. Similar to a diet, the yo-yo effect kicks in, and all the abstinence was for nothing. It is more effective to create a more conscious approach to money. And no, you certainly don’t need a money mindset workshop for that.