YesTalk-225 - How Much A Scarcity Mindset is Costing You

A scarcity mindset is costing you hassle, pain, and actual money.

Here are lessons I’ve learned about how “saving” money on something will cost you in the end.

1. Choices have consequences. The decisions you make on everything (and not just the things you buy) will have consequences on your life. For instance, when you choose to neglect your health now, and then something that you’re not prepared for happens to you, it will affect the quality of your life. 
2. “When you invest in the best, you only suffer once.” -Zig Ziglar. You’ll be saving yourself more money and pain if you spend a little more on something that lasts, than have to pay more for repairs in the future. 
3. Start focusing on having more money and stop focusing on “saving” money. Because you don’t “save” money by buying cheap. Raise your income…that’s how you save time and money. 

Decide to make enough money to afford the things you want and to be able to help more people. When you shift from a scarcity mindset to an abundance mindset. It will change your life.

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Kevin Ward is a real estate coach, speaker, and trainer at YESMasters.com and #1 Bestselling author of "The Book of YES: The Ultimate Real Estate Agent Conversation Guide."

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