How To Change Your Financial Future By Adopting A Money Mindset

Remember that: money will always match your mindset — Joe Vitale.

Jazz Parks
Making of a Millionaire
5 min readDec 10, 2020

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What are the qualities of your everyday millionaire? Why do the rich keep getting richer while the poor get poorer?

I’ve spent years studying wealthy people's mindsets in an attempt to find the answers, and I discovered that there’s one key difference between the rich and the poor; their mindset.

What Is A Money Mindset?

Having a Money Mindset means being actively engaged with your finances. It also means that you’ve adopted a set amount of core beliefs revolving around money.

Do you honestly believe that you deserve to be rich? Or are you holding some previous financial mistakes against yourself?

What’s the most money you’ve ever had at once? How long would it take to make even more than that?

Before you can really think like a rich person, you have to eliminate all unnecessary beliefs about money.

“Your money — and hence your life — is a reflection of your beliefs about money ” — Ken Honda

Here are a few things you can start doing now to adopt a Money Mindset.

Track All Spending

I recently found out that I spend an average of about $800 per month on takeout. Yep, you heard me right. That wasn’t a typo. Eight Hundred Dollars.

It wasn’t just the food, though. Tracking my spending helped me because it showed me exactly where my money was going.

For best practices, I recommend carrying around a small pocketbook and a pen. It’s possible to track your spending from your phone, but I recommend the old fashioned technique for two reasons.

a) Using your phone will make it easy for distractions, and we’re already so used to pulling out our phone.

b) It gets really annoying having to pull out that pocketbook after every expense. Maybe you’ll rethink that candy bar next time to avoid having to write it down in your book!

“Earning a lot of money is

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I believe that life is about finding joy through passion, purpose, and being compassionate towards others.