How To Adopt An Abundance Mindset

Are our mindsets predetermined, or can we grow, adapt, and change? Your mindset matters greatly. You have the power to develop how your mentality.

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A scarcity mindset has a more limited and pessimistic view of the world, while the abundance mindset can better enable you to reach your potential.

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We dive into these opposing mentalities and discuss how you can shift your predominant paradigm for the better.

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Stephen Covey, author of “7 Habits of Highly Effective People,” coined the terms scarcity and abundance mindsets.

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He wrote, “The key to valuing differences is to realize that all people see the world, not as it is, but as they are.”

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It is far more challenging to institute societal change when scarcity for many is about physical needs such as food, shelter, and clothing for those impoverished.

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A scarcity mindset is not limited to those who do not have enough, but I refer to individuals who do not need government intervention.

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Those who have a scarcity mentality may feel the grass is always greener somewhere and may rob us of our ability to succeed.

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Individuals who tend toward scarcity are more often fearful, anxious, and stressed. It is difficult for them to see the good in the world and may suffer from tunnel vision, focusing on what is wrong rather than right.

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