Lewis Howes: “You’re NOT Broke — You’re Carrying a Money Wound!" (Here’s How to Finally Feel Free)

Introduction

This tutorial explores the insights shared by Lewis Howes on the Jay Shetty Podcast regarding our psychological relationship with money. It aims to help you understand your money mindset and offers actionable steps to foster financial abundance and personal growth, regardless of your current financial status.

Step 1: Cultivate Awareness Around Money

• Reflect on your past experiences with money. Consider how they might shape your current beliefs and feelings about finances.
• Identify any negative emotions associated with money. Acknowledge these feelings as the first step toward healing your "money wound."
• Keep a journal to document your thoughts about money and finances. This can help clarify your relationship with money.

Step 2: Develop a Debt Repayment Strategy

• List all your debts, including amounts and due dates.
• Create a budget that prioritizes debt repayment, allocating a specific portion of your income each month to pay down debts.
• Consider the snowball method, where you pay off smaller debts first to build momentum, or the avalanche method, where you focus on high-interest debts.

Step 3: Attract Financial Abundance

• Shift your mindset from scarcity to abundance. Visualize your financial goals and believe that you can achieve them.
• Surround yourself with positive, financially savvy individuals who inspire you and share similar goals.
• Practice gratitude for what you have, which can help attract more abundance into your life.

Step 4: Rewire Your Brain to Earn More Money

• Challenge limiting beliefs about your worth and ability to earn. Replace negative self-talk with empowering affirmations.
• Seek out educational resources or courses that enhance your skills and increase your market value.
• Network with industry professionals to explore new opportunities for growth and income.

Step 5: Establish a Habitual Mindset for Abundance

• Create daily habits that reinforce a mindset of abundance. This can include meditation, affirmations, or visualization exercises focused on financial success.
• Set specific, measurable financial goals and review them regularly to track your progress.
• Celebrate small wins to maintain motivation and reinforce positive behaviors.

Step 6: Showcase Your Value

• Identify your unique skills and how they can benefit others. Consider ways to demonstrate this value in your career or business.
• Create a portfolio or online presence that highlights your achievements and capabilities.
• Seek opportunities to volunteer or collaborate, which can enhance your visibility and expand your network.

Step 7: Build Valuable Connections

• Focus on developing three key skills: communication, empathy, and networking. These will help you establish meaningful relationships.
• Attend industry events, workshops, or webinars to connect with like-minded individuals.
• Follow up with contacts and maintain relationships by checking in regularly.

Step 8: Invest in Personal Growth

• Allocate time and resources to learn new skills or enhance existing ones that align with your financial goals.
• Read books, listen to podcasts, or take online courses to continually expand your knowledge.
• Consider hiring a mentor or coach to guide you on your financial journey.

Step 9: Understand the Limitations of Money

• Recognize that while money can provide comfort, it does not solve all problems. Focus on building emotional and mental well-being.
• Cultivate a mindset of generosity. Giving to others can create a sense of abundance and fulfillment.
• Reflect on what truly brings happiness and fulfillment beyond financial success.

Conclusion

By following these steps, you can begin to heal your relationship with money and unlock a mindset of abundance. Each step is designed to empower you to take control of your finances and cultivate a sense of freedom. Consider starting with awareness and gradually implementing the strategies that resonate most with you for lasting change.