Abundance Mindset vs Scarcity Mindset | Why you need to have an Abundance mindset for life success

Why is it so important to have an abundance mindset over a scarcity mindset in life? Can your outlook on life really lead to success in life or is this just made-up wishy-washy pie in the sky thinking, in this video we discuss these points.

Take a Risk vs. Play it Safe
Those with an abundance mindset understand that in order to grow, you need to get out of your comfort zone and take a risk in order to achieve their goals. They welcome change and see it as an opportunity to grow and expand. Those with a scarcity mindset are fret by fear. They think small and avoid risk at all costs.

Plenty vs. Deficit
A person with an abundance mindset believes that there is always more of everything in life, whether that’s money, relationships, resources, opportunities, etc. Alternatively, someone with a scarcity mentality lives in fear that they are going to lose their time or money. Because they believe that there will never be enough, they are in constant competition to ‘stay on top’.

Positive vs. Negative
A person with an abundance mindset focuses on the limitless possibilities that exist in life. They choose to think in positive terms about everything that happens in life, good or bad. As a result of this way of thinking, they attract amazing experiences and opportunities into their lives. Alternatively, someone with a scarcity mindset always dwells on what isn’t working in his/her life. They adopt a victim mentality and blame others for their failures, instead of taking responsibility for their actions.

DISCLAIMER: I am not a financial adviser. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. Please seek financial help from a financial expert if you need further help or advice outside of this video content.

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