Your Scarcity Mindset is Keeping you Poor in Spite of Hardwork

“Mahirap kitain ang pera” – “Money is hard to earn.”

“Wala tayong pera anak.” – “We don’t have money.”

 “Mag-aral ka ng mabuti anak, para magkaroon ka ng magandang trabaho, kumita ka ng malaki.” –  “Study hard so you will have good grades and have a good job.”

 “Masama ang mayayaman.” –    “Rich people are bad.”

 

Have you ever heard of the above phrases before?

 

If you haven’t heard those from your parents, you have heard those I am sure from your environment or even the Teleseryes and Television shows.

 

Scarcity is defined as “having less than you feel you need.”

 

This is not only the physical scarcity but rather the feeling of not having enough, whether it’s time, money, food or even something abstract like education.

 

The scarcity mentality is the belief that others have more and therefore you have less.

 

It is a belief about limitation. And, because scarcity elicits stressful, unpleasant feelings, it is undesirable.

 

Stephen R. Covey, in his book, The Seven Habits of Highly Effective People, explains, “People with a scarcity mentality tend to see everything in terms of win-lose. There is only so much; and if someone else has it, that means there will be less for me.”  – realwealthrealhealth.com

 

Rich people admire other rich and successful people.
Poor people resent rich and successful people.

 

This quote is a good illustration of one of the deepest view which divides between the rich and poor: the abundance mentality vs. the scarcity mentality.

 

The abundance mentality recognizes that if you want to be successful, you will have to help a lot of other people.

 

As the great Zig Ziglar was famous for saying:

“You can have everything in life you want,
if you will just help other people get what they want.”

 

So if you become a self-made millionaire, it means that your actions have benefited a great many people and that everyone has won. You think of wealth and success like a candle, if I lit my candle and share the light that I have, there’s more light for everyone.

 

On the other hand, if you have a scarcity mentality you see wealth and success like a pie. If someone takes a bigger slice than everyone else, there’s less left to go around. If you have a scarcity mentality then you greatly resents people like Oprah, Mark Zuckerberg and Bill Gates because they were greedy and took too big of a slice.

 

If you have an abundance mentality, you admire those people and seek to emulate them. You also acknowledge the value they have brought to the world through both their actual work as well as their charitable donations.

 

If you have this MENTALITY, then, we are the same.  Yes, I admit, I have this scarcity mentality while growing up and traces even until now.  I have this feeling that I don’t have enough.  But because of the higher awareness I have right now, I tend to fight this Scarcity Mentality by having a Grateful Attitude.

 

What do you do to remove this Scarcity Mentality?


The opposite of scarcity is Abundance. You need to recognize abundance in every way possible by being Grateful.

 

Actionable steps:

 

  • List 5-10 things you are grateful each day. Have a grateful notebook, write all the blessings you receive.

  • Have a daily declaration. Look in the mirror each day, say this to yourself with confidence:

    “I am a grateful and abundant (man/woman), money is easy for me to earn, I have more than enough resources, and I use my resources to bless my family and bless others too.

  • Practice abundance mindset by practicing this:

    The scarcity mindset is forced to always ask “what do I get from this transaction?”

    The abundance mindset is free to ask “what can I give in this transaction?”

 

A grateful heart attracts abundance.

 

I remember someone who told me;


“Asking for Blessings from God is like a FISH asking for WATER to drink. All it needs to do is, to OPEN up its mouth and the water will endlessly pour in.

 

With having a GRATEFUL heart, I unknowingly attracted GODLY ABUNDANCE. Not only Abundance in resources, but also in love, in opportunities and possibilities.

 

BEING GRATEFUL readies you to abundance and blessings in your life. If you are not grateful now for whatever you have, how can you be grateful for all the things that are yet to come.

 

Today, try to think and write 5 things you are GRATEFUL for, comment it below.

 

For me, I am grateful for my family, my higher awareness of things, having this awareness I am happy to share it with you, I am grateful for my cute house, my helper and my abundant love that empowers.

 

What’s your grateful list?

 

If you are grateful enough, the universe will conspire to give you more to be GRATEFUL for.

 

 






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Doc Pinky is a licensed Medical Physician, Internationally Registered Financial Consultant, Certified Investment Solicitor and Associate Wealth Planner and Estate Planner of the Philippines. She loves to educate and spread financial literacy. She is a Lactation Consultant. She loves to travel. She is a devoted wife and mother.

2 thoughts on “Your Scarcity Mindset is Keeping you Poor in Spite of Hardwork

  1. CHAN

    I am grateful for my family, for my job, for my health, for the opportunities that paved my way to becoming abundant, for the business I had, for my community, for my knowledge, for my intellect, for my capability to earn, for my capacity to work everything.

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