25 Daily Money Mindset Exercises For Prosperity in 2024
These best money mindset exercises will reshape your perceptions. Kick what doesn’t serve you to the curb and watch your money grow along with your mind!
Your money mindset is no small thing. It determines whether you’ll be wealthy and at peace or scrimping to save every dollar for the rest of your life. And it’s largely shaped in early life by childhood experiences, societal influences, and biases.
That’s why these money mindset exercises are so critical. You don’t have to be caged in by imaginary past limits!
Abundance Money Mindset Exercises
First, use these money mindset exercises to build confidence and belief in what’s possible.
1. Create Financial Mantras
Mantras are short, easy to remember, and can encompass many things in life. They are positive phrases you say to yourself. Ultimately, they change the way you think. And this changes the way you act.
Here are a few examples:
- “I choose belief over worry.”
- When you think “I can’t do this” turn it into “How can I do this?”
- “Save for tomorrow, not just today.”
2. Make a Vision Board
How can your life be amazing if you don’t first imagine and design it in your mind’s eye?
You must believe something is possible before achieving it through action. So, make yourself a vision board with your grandest vision. Know deep down that it’s possible for you. And then get to work.
“Create the highest, grandest vision possible for your life because you become what you believe.”
Oprah Winfrey
Pro Tip: This isn’t a set-it-and-forget-it money mindset activity. Make your money vision board, and then put it somewhere you pass by often.
3. Visualize Your Prosperity
While a vision board is great, visualization by itself is also a helpful daily practice. And it can be done in as little as 2 minutes.
Regularly picture what success looks like for you.
- How does it feel to achieve your financial goals?
- What are you doing to get there?
- What does the rest of your life look like (health, family, etc.) when you do?
4. Feel Your Blessings
Start a gratitude journal. List 3 things you are grateful for each day. This helps train your brain to focus on abundance rather than scarcity.
This has two parts:
- Be grateful for what you have right now. Every dollar is a stepping stone. And every good thing (no matter how small) is a blessing. Celebrate the gift of being alive instead of focusing on what you don’t have.
- Have faith in your ability to grow your wealth. Worry won’t get you anywhere, but expecting good things will help you make the right decisions for your future.
You may not be where you want yet, but if all you focus on is lack, you’ll never have enough. This is the trap people fall into when they keep up with the Joneses.
5. Meditate
Regular meditation can help you uncover limiting beliefs and emotional blockages. Set aside 10 minutes in your day to sit quietly. You can focus on breathing or a mantra, or just sit and see what comes up. Notice your thoughts with a curious mind and see what beliefs come up that don’t serve you.
Habits & Money Mindset Examples
These money mindset exercises are practical things to do daily.
6. Set Financial Goals
People who write down clear goals are more likely to achieve them.
So, set specific financial goals that you are inspired to work toward. Then, write them or look at them every day. On your hard days, they’ll be what you need to remember your purpose and motivation.
7. Build a Millionaire Morning Routine
Next, the best keystone habit you can build around your life is what you do first thing in the morning. When you wake up you are fresh, focused, and not yet worn down by the responsibilities of the day. Use this time to work on your money mindset exercises and other things that add incredible value to your life, like exercise.
Grab millionaire morning routine ideas >>
8. Track Your Expenses (Money Mindset Exercises)
Make note of your expenses daily or weekly to build awareness around your spending habits. Whether it’s the money you spend or the calories you eat, keeping a log helps you see your behavior. And awareness is half the battle.
9. Create Intentionality In Your Spending
Rules can help you in many areas of life. For example, for anything that’s non-essential, create a 24-hour spending rule. If it’s something you’re still obsessing over 24 hours later, buy it. If you’ve completely forgotten about it, then you’ll know it was just marketing pulling you in.
10. Invest Every Single Day
Learning to invest is like building muscle. The more you do it, the better and stronger you get at it. And it doesn’t have to cost money! Sometimes what you need to invest in better is actually time.
- Taking a helpful online course instead of scrolling on your phone
- Going to a Pilates class
- Buying coffee for a potential mentor
- Spending time reviewing your life goals
Invest In Others:
- Showing appreciation
- Remembering special events
- Teaching others what you know
- Buying stock from a company you adore
- Scouting out potential properties for real estate
- Reviewing your financial statements to better understand where you’re investing
11. the Power of Compound Interest
Remind yourself of the power of compound interest as you review your financial goals: Here’s a nifty chart to keep it in the forefront of your mind:
| Amount of Money | 5 Years | 10 Years | 15 Years | 20 Years |
| $1,000 | $1,338.23 | $1,790.85 | $2,396.56 | $3,207.14 |
| $5,000 | $6,691.13 | $8,954.24 | $11,982.79 | $16,035.68 |
| $10,000 | $13,382.26 | $17,908.48 | $23,965.58 | $32,071.35 |
| $15,000 | $20,073.38 | $26,862.72 | $35,948.37 | $48,107.03 |
Or you could be giving this money to debt collectors. If that’s the case, they’ll make this kind of money off of you.
12. Does This Spark Joy?
One simple money mindset exercise comes from Marie Kondo. While her phrase “does this spark joy?” doesn’t seem financially related at first, it is. Because every bit of clutter you let into your life gets in the way of building a rich life – full of things that matter. Clutter and busyness affect your focus, mood, stress levels, and self-discipline.
Use the acronym SAD. Because it’s time to stop being sad.
- Simplify what you can – Does this spark joy?
- Automate what you can. Auto-pay your bills, use a rotating meal plan, etc.
- Delegate what you can. It’s ok to ask or pay for help!
13. Practice Saying No
It’s a good day if you say “no” to at least one thing that doesn’t serve you. It gives space for more amazing things to come into your life – including money and peace.
- No to people who constantly beg you to drop everything and help them
- No to working for free
- No to undercharging
- No to doing all the cooking, housework, and childcare
- No to feeling guilty when you choose to miss something
- No to settling for less
Healing Scarcity Money Mindset Exercises
Next, these exercises for a healthy money mindset will pinpoint your irrational fears and limiting money beliefs.
14. Keep a Money Journal
Next, a finance journal helps you uncover beliefs that don’t serve you, work through emotional turmoil, and get crystal clear on what you want out of life.
Journal on these questions:
- What did your family believe about money?
- What were common phrases you heard about money growing up?
- If there were negative phrases, did they stick with you? How can you turn them around into more empowering beliefs?
- What are your financial goals?
- What’s one thing you can do today to improve your financial situation?
15. Tackle Your Fears
Once you’ve identified your fears and false stories, work on changing your mindset by letting go of them and replacing them with better ones.
For example, if you think: I’m not good at money.
Turn it into: I am learning to be good with money every day. It’s a process not a one-time event.
16. Eliminate Financial Stress
Financial stress takes a toll on your mental and physical health. Focus on this every day, and you’ll set yourself free.
- Build an emergency fund. Sleep better knowing that you can cover small emergencies.
- Pay off debts. Debt brings worry and feelings of being out of control. Paying these down will ease your mind.
17. Build Your Confidence
Believing in your own self-worth will contribute greatly to your financial success.
To increase your confidence daily, give yourself grace when you make mistakes, and invest in yourself and your learning often.
Related: Strong Work Ethic Examples
Growth Mindset Exercises For Money
Finally, these money mindset activities promote financial freedom, help you stay the course, and never give up. Raise your vibration and you raise your life.
18. Feed Your Brain
Prioritize continuous learning.
- Read books
- Attend seminars
- Subscribe to finance-related websites and podcasts
- Seek advice from financial experts
As you gain knowledge, you will grow more confident and find it easier to take positive action. In my experience, learning from others also opens your eyes to what is possible.
Pro Tip: Try the Learning Challenge Scavenger Hunt in the Resource Library >>
19. Add Deliberate Play To Your Money Mindset Routine
Deliberate practice is when you practice something with the intent to get better. And it’s essential to growth. But deliberate play can be what helps you stay motivated through the journey. Make saving, earning, and investing more fun with money-saving challenges and free money games.
Examples:
- Nickel Saving Challenge
- Low Spend Challenge
- 200 Day Envelope Challenge Printable
- 30 Day Savings Calendar
20. Find The Right People & Information
We are all very much a product of our environment. It’s a fact. If you hear how great something is for long enough, you’ll think it’s great too.
So, why not make your environment as conducive to your success as possible?
- Hang out with friends and family who motivate you
- Check out the Wealthy Woman Facebook page for helpful financial tips.
- Stay away from toxic news and clickbait. These things are only meant to rile or scare you.
21. Use Daily Affirmations to Grow
Financial affirmations focus on positive thoughts and intentions, so you move yourself to action daily.
For example:
- I seek positive action every day.
- I am the type of person who does hard things.
Pro Tip: Say them in the shower or after your morning journaling. They only take a moment!
22. Celebrate Your Wins
Small progress is progress. Slow progress is progress. So, give yourself credit for what you’re doing. One step in the right direction is how ALL long beautiful journeys are started.
Instead of focusing on how far you have to go, celebrate the small wins along the way.
23. Take 100% Responsibility For Each Day
It can be difficult to avoid a “why me?” attitude when days get tough. But sometimes, the only thing you can control is how you react to your circumstances.
Many people give away their power by blaming others or complaining about life’s unfairness. But all this leads to is inaction. Yes, life IS unfair. But you can give up or you can take responsibility for your life and move forward the best you can.
Related: Rich Mindset Vs Poor Mindset
24. Reflection
Many of our repeated faults and mistakes exist simply because we lack awareness. Journaling and reflection are two money mindset exercises that can change your entire life.
When was the last time you stopped and asked yourself what was and wasn’t working in your life? You can only make a change when you know WHAT to change.
25. Practice Going the Extra Mile
Finally, one of the best money mindset exercises is to be as valuable as possible in what you offer the world. Smile. Give customers, students, or readers more than they expect from you. Make it a daily practice to go the extra mile and eventually you’ll be rewarded for your value – through both financial abundance and fulfillment.
What’s Next?
Money is not the end all be all. It’s a tool to get you where you want to be in life. These money mindset exercises will help you attract more income, save more money, and build your wealth to lead a life you love.
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