Talking Trading | Australian Sharemarket Strategies, Education & Trading Psychology cover image

Shifting from Scarcity to Abundance | Australian Sharemarket Education & Trading Psychology

Talking Trading | Australian Sharemarket Strategies, Education & Trading Psychology

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The Importance of Having a Money Mindset

I think moving from scarcity to abundance is probably the biggest change for me. I used to hide money in pockets so that when I put my hand into a pocket and I'd find money, I'd get a little kick. One of the things I do now though that I didn't realise the importance of is that I always have a lot of cash on me. So in my purse, I'll have purposeful $100 bills because when I look inside my purse, it makes me feel happy  to know that if at any time I need to pull out some cash I can. There's something special about seeing the actual money there that can trigger off that, hey, everything is fine

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