Latest / Mindful Success Path / How to Overcome Limiting Money Beliefs to Raise Prosperity Consciousness
Transcript
- 0:32Are you ready to overcome limiting money beliefs so that you can get to the next financial level in your life?
- 0:38Well, in this video, I'm going to be sharing some tools that took me from an extremely stressed out.
- 0:43Overworked single female entrepreneur to now being fully supported, having six figure businesses that mostly run on autopilot and allow me to be in this space where I'm really using my talents.
- 0:56And I had to change my beliefs in order to do it.
- 0:59And I'm going to be sharing how I did that today.
- 1:02Hi, my name is Amanda Obeya.
- 1:04Welcome to mindful success path on this channel.
- 1:06We talk about how to get the results that you're looking for in your business and your life without all the extra stress, chaos, and drama.
- 1:12If that is something that you are interested in it, make sure to subscribe to this channel.
- 1:16So you don't miss a single video that we have coming out.
- 1:21And if you are interested in taking what we're going to be talking about in this video to another level, we have a money mindset reset course and you can find the link for that below we run promotions on it.
- 1:34All the time.
- 1:34So make sure to click the link below, to get more information on that.
- 1:38Uh, what's in the course, what's in the curriculum and if we have any current promotions on it, so let's get into how to overcome limiting beliefs about money.
- 1:50So here's the thing.
- 1:52We live in a society where most people do not know how to relate to money.
- 1:56And I say this as a former financial writer and financial educator, I spend eight years.
- 2:01Writing financial content probably for your bank.
- 2:05Probably for your credit card company, whatever financial services you're using in the United States.
- 2:10I probably wrote content for them.
- 2:13For eight years.
- 2:14So I was in data and statistics all the time.
- 2:17And after about six years, I started to realize, whoa, it doesn't matter how many times I write about budgets and paying off debt and all this stuff, because it doesn't seem to be helping that much.
- 2:29I mean, it might help some people, but it's not helping most people.
- 2:32There's a lot that goes into that, including how the government is not running things very well.
- 2:38But you know, that's a conversation for another time and that's not exactly in your, you know, sphere of immediate control.
- 2:45What is in your sphere of immediate control is your beliefs about money?
- 2:50So I will give an example of how this used to come up.
- 2:53Let's talk about debt as an example.
- 2:56So, and this is what I've struggled with personally.
- 2:59So I've seen the contrast and I've seen the difference in energy and also in results.
- 3:04So the way most people are taught to look at debt is that your life is over the way that most people are taught to look at debt is that you messed up.
- 3:12So there's a lot of guilt and there's a lot of shame.
- 3:15The way most people are taught to deal with debt is to basically sacrifice everything else in their lives and eat rice and beans until that debt is paid off.
- 3:23And then maybe someday when that debt is paid off, Maybe you can have a life again.
- 3:27That is how most people are taught how to do this.
- 3:30The problem with that is most people are not going to stick to that because it's miserable.
- 3:33And why would they.
- 3:35Meanwhile, if we change our beliefs about debt and we change our beliefs about how we need to pay off the debt.
- 3:42Now we can start coming up with some more creative solutions to problems I've had this happen in real life.
- 3:48So I will give an example.
- 3:50You know, a few years ago, I got into a lot of debt because I ran into some issues in business and also in my personal life.
- 3:56And everything collapsed all at once.
- 3:58So, but the thing is I did not stop.
- 4:00Uh, investing in my own personal growth.
- 4:03I did not stop investing in learning what it was that I needed to learn.
- 4:06So I got into some debt over that because I had been taught most of my life.
- 4:10That being a debt was bad.
- 4:12You're changed forever.
- 4:14You can have a life.
- 4:15Um, you know, and again, this is just typical personal finance stuff.
- 4:19And how people in personal finance typically talk about debt.
- 4:23Then I went through like a shame spiral that was pretty nasty.
- 4:27And then the debt would just get worse.
- 4:29Uh, and then I would end up punishing myself by overworking, which of course didn't actually lead to more money because I was just punishing myself.
- 4:38For being in debt and this is what most people do.
- 4:42It's one of the reasons why they can't get out of debt is because they keep punishing themselves mentally for being in debt and they keep focusing on the debt.
- 4:49So what happens?
- 4:50They just get more debt.
- 4:52Whereas when I've had, uh, seasons and instances in my life where I'm like, let it go.
- 4:58Uh, then what ends up happening?
- 5:00I start feeling better.
- 5:01I start putting myself first.
- 5:03I start making more money.
- 5:05I get more creative ideas because I'm not focusing on the debt.
- 5:09I'm not even worried about the debt anymore.
- 5:13Now this last time, you know, I've done that before, where I've paid off like 20 K in eight weeks.
- 5:18A few years ago.
- 5:19And I, that what I had to do was realize like, oh, I can make whatever kind of money I want.
- 5:23I live in an abundant universe.
- 5:25I run my own business and everything's going to be fine.
- 5:28And that was like during COVID when that was going on.
- 5:31This last time was a little bit more difficult because I guess, you know, I had gone beyond the limit of what I thought was reasonable.
- 5:38In terms of having debt.
- 5:40Um, and we all have limits when it comes to these things.
- 5:43And I have gripes with the word reasonable, but that's a conversation for another time, but I had gone beyond the limit of what I thought was reasonable in terms of carrying debt.
- 5:53So I started going into shame, spirals and fear spirals.
- 5:56And like I said, it got pretty nasty and the debt would get worse.
- 5:59So once I was able to start separating myself from the debt and basically talking to myself and be like, it's all debt bad.
- 6:05No.
- 6:06Did you get into debt over buying dumb stuff?
- 6:09No.
- 6:10And even if you did get into debt over buying dumb stuff, just because.
- 6:13Because you did that in your past, doesn't mean it's going to be in your future.
- 6:16So you still shouldn't necessarily make yourself feel bad for that because it's not helpful.
- 6:20It's not productive.
- 6:21It's not going to help you and get into a problem solving or creative solutions.
- 6:26So I'm like, no, it was all, you know, business stuff or personal development or stuff that I really needed at the time in order to get me through a very difficult spot.
- 6:34Uh, in life.
- 6:35So that was number one.
- 6:37Number two.
- 6:38I was like, why would always negotiate this?
- 6:40Right.
- 6:40And that was thanks to Justin.
- 6:41He's like, you can always negotiate.
- 6:43Right.
- 6:44And I was like, oh yeah, I forgot.
- 6:45Because again, I was seeing it as punishment.
- 6:48Uh, not as something that is malleable, that can move.
- 6:51Cause money's just energy.
- 6:53You could negotiate.
- 6:54So I'll give an example where, you know, I had a debt on a contract and I just wasn't really in that business anymore, but I still have the debt on the contract.
- 7:03All I had to do was send an email and renegotiate the contract.
- 7:06And poof.
- 7:08Most of the debt disappeared.
- 7:10But because we're so accustomed to making ourselves feel bad, or we think debt is bad, then we don't get results quickly.
- 7:19And that's why most people stay stuck.
- 7:21So debt debt is just something I'm very passionate about.
- 7:24It's something that I've struggled with.
- 7:26It's something I saw people, a lot of people struggle with and we really have to change our minds about it.
- 7:30So one of the things that we can do when it comes to money, which is life changing, is that we have to see it as neither good nor bad, and whatever results that we're getting with money is neither good, nor bad.
- 7:41It's just data.
- 7:42So for example, I was looking at, you know, the cash collected from our businesses.
- 7:48Last week because we like to report our numbers every week in our effortless revenue mastermind, we have everybody report their numbers.
- 7:55On Tuesdays, including us.
- 7:57So I was looking through it.
- 7:58I'm like, all right, cool.
- 7:59We made X dollars and you know, and I was like, it's looking good.
- 8:03And then I stopped myself and I was like, okay, it's looking good, but I'm not going to get attached to the fact that this is good because it's just data.
- 8:10Right.
- 8:10And the data is saying that whatever we're doing.
- 8:13Which by the way is both strategic and energetic.
- 8:16Whatever we're doing is working, but I'm not going to judge it as good or bad because I could see it as good.
- 8:22And somebody else would see that as her and is, and it's just not very helpful at all.
- 8:27So rather than giving money good or bad connotations or whatever financial situation I'm in as good or bad.
- 8:33Connotations.
- 8:34It just is what it is and its data and money is energy and it can change.
- 8:40So that's number one, stop making a good are back.
- 8:42Uh, and that takes practice, right?
- 8:44It takes practice to be neutral.
- 8:45It's one of the reasons I'm huge on meditation, because it allows you to be an observer of thoughts.
- 8:50I'm an observer of circumstances instead of constantly reacting to things and constantly judging things.
- 8:56So that's number one, number two.
- 8:58We have to change our own personal limiting beliefs about money.
- 9:02Now you heard me mention the money mindset reset course.
- 9:06Which is in the comments.
- 9:08This is a big part of what we go through is we go through your own history in terms of what are my beliefs about money?
- 9:14What did I pick up from the culture?
- 9:16What did I pick up from my family?
- 9:18What did I pick up from my own experience and really getting clear on what kind of beliefs are behind all of that, that you might still be carrying into this day.
- 9:29And then we start, once we identify them, then we can change them.
- 9:33But it, it goes many, many layers.
- 9:35Deep guards.
- 9:36It goes culture, religion.
- 9:38Uh, something that happened to you when you were eight years old and you've been carrying that ever since, and you've been relived, reliving the same belief in the same fear over and over and over again, it goes deep.
- 9:48So make sure to get that course so we can help you get very clear on what that looks like for you and you have your own personal prescription, and it'll also start teaching you how to release the past and release those past beliefs so that you can move into a more abundant future.
- 11:08The next part.
- 11:09Is where we have to start relating to money in a different way.
- 11:13So one of the analogies I've been using for.
- 11:17Oh, my gosh, like 10 years now.
- 11:19Um, you know, back when I was in my make money, your honey days is exactly that make money, your honey treat money as if it's a relationship, a romantic relationship, because what happens.
- 11:30When you pay attention to money and you're nice to money and you respect money and you're like, Ooh, with money.
- 11:36You get more of it.
- 11:38Money likes attention.
- 11:39If you're not giving money, attention to it is going to go somewhere else.
- 11:42It is going to go somewhere else.
- 11:44It is going to have a wondering eye.
- 11:46So what you want to do is you want to.
- 11:48Uh, rebuild your relationship with money and an analogy that works well for a lot of people is that you are in a relationship with it.
- 11:57Which is just an energy, it's just an entity and you are in relationship with that energy and that entity.
- 12:05And then finally, we talked about identifying the limiting beliefs.
- 12:08Let's talk about actually changing the limiting beliefs.
- 12:11And how quickly this can lead to results.
- 12:14So once you've established what some of your core beliefs are, and again, make sure to check out our money mindset course to help you figure out what that looks like for you.
- 12:22And your specific beliefs.
- 12:24I'll give some examples here, but everybody's different.
- 12:27Then, what you do is you have to actually change them.
- 12:30We go through a longer process in the course that involves a lot of releasing work, but I'll give you a very short version right now in this video, which is basically based on cognitive behavioral theory.
- 12:41Which is what you do is you identify the limiting belief.
- 12:45You switched the belief and then you find evidence for the new belief.
- 12:49So I will give examples, literally did this with our clients in our effortless revenue mastermind a few weeks ago, and within 48 hours.
- 12:57They were making more sales.
- 13:00So one of the beliefs that we were working on with one of our clients is they had a core belief of I'm not capable.
- 13:07I'm not capable of making more money.
- 13:08I'm not PayPal of working.
- 13:10I'm not capable of.
- 13:11Producing the results for these people, basically, I'm not capable.
- 13:16In business or my career or in money.
- 13:19So we switched to a two, I am capable.
- 13:21And then I asked her, I'm like, what's all the evidence that you are actually capable.
- 13:24And she started listing it off and she's like, well, I mean, I've made money up until now.
- 13:29I've gotten clients up until now.
- 13:30I've gotten results for people up until now.
- 13:33And she started giving specific examples.
- 13:35Great.
- 13:36And then suddenly though I'm not capable, didn't have as much emotional charge because she realized it wasn't true.
- 13:4248 hours later, she was closing more sales.
- 13:45We had another one.
- 13:46Uh, another client who had grown up with the story that you shouldn't want more than you need.
- 13:52Very common.
- 13:53You shouldn't want more than you need, because that makes you greedy.
- 13:58And so we switched that.
- 13:59Right.
- 14:00And instead of saying more money makes me a greedy person.
- 14:03That was her core belief because that's what she picked up as a child, because that's what was said over and over and over again in her house.
- 14:08You shouldn't want more than you need.
- 14:10We changed it to more money.
- 14:12Allows me to be a more generous person.
- 14:14And then we started finding evidence on how they're a generous person now, right.
- 14:19They make money now they're already successful and they're a generous person, but they were stopping themselves from making more money because they were afraid it would make them greedy.
- 14:28And we had to help them make the connection that more money would make them a more generous person.
- 14:33Also 48 hours later was making more money and closing more sales.
- 14:37And I did this to myself a couple of weeks ago where I wanted to, I'm doing a workshop.
- 14:45Later this month on YouTube marketing for, for our business audience.
- 14:50And how we grew the entrepreneur ex-pat YouTube channel so quickly in 90 days and how it led to almost six figures in sales in 90 days.
- 14:59And I said, well, I've never.
- 15:01My belief was, I've never been able to sell workshops off of email or social media posts.
- 15:07I've always had to do like high ticket sales and have a whole sales conversation and a whole thing, but I was open to a new reality.
- 15:14And it actually kind of came to me in a meditation.
- 15:17Hey, you should probably do this YouTube workshop.
- 15:19And I told Justin, we should probably use your workshop.
- 15:21And I saw it very clearly.
- 15:23So we'd spent that afternoon.
- 15:24You.
- 15:25You know, working on a sales page and doing all this stuff.
- 15:27And I was feeling very anxious and I was feeling very anxious because I had a core belief that I couldn't make money that way.
- 15:33I had a core belief that in order for me to make money, it had to be like, I don't know, a$10,000 contract and it involved a sales call, which there's nothing wrong with that.
- 15:41Right.
- 15:42I'm just open to making money in different ways that don't require a sales calls.
- 15:46And I like sales.
- 15:47Right.
- 15:48I'm just curious, like, Hey, if money's energy, can I play with this?
- 15:51Can I make it work?
- 15:51So I noticed I was anxious.
- 15:53I found the core belief, reworked the core belief to, I can make money in whatever way I want.
- 15:58I can make money without sales calls.
- 16:00I can sell this damn thing out just from emails and lo and behold, we started getting sales all weekend.
- 16:07We were out at a party and we were getting sales for that workshop.
- 16:13So it can change very quickly.
- 16:15It can change really fast because I'd never gotten results like that before.
- 16:20Um, the main thing that I did was just changed my belief.
- 16:24I took physical action as well in creating the sales page and all that.
- 16:27But all I really did was change my belief and I started getting different results.
- 16:32So I hope you guys enjoyed this video on how to overcome limiting money beliefs.
- 16:39If you would like more content like this, please let me know in the comments, because money is a topic I can talk about for days forever, because I've had so many lessons in that department.
- 16:48So let me know if you want more money stuff in the comments.
- 16:52And if you liked this video, go ahead and give it a thumbs up, make sure to subscribe.
- 16:56So you don't miss a single video that we have coming out on this channel and hit that notification bell.
- 17:00So you're notified on your app when we have new videos and all the resources I mentioned before our free manifestation guide or money mindset.
- 17:08At course effortless revenue, mastermind, whatever you heard, where you're like.
- 17:12Hm.
- 17:12That piqued my interest.
- 17:14It's all in the description where you can find more information.
- 17:18Thank you so much for giving me your time today and I will catch you guys on the next one.