7 Mindset Shifts to Financial Freedom
A program based on David Bear's 7 mindset micro-shifts that can help you achieve financial abundance and get out of financial insecurity. It focuses on shifting your money mindset through specific steps and actionable strategies.
Program Modules
Identify Your Monthly Cost of Living + 50%
Calculate your current monthly expenses and increase that number by 50%. This becomes your target monthly income goal. This utilizes the anchoring bias, where the initial expense calculation influences the perception of the target income.
Calculate Expenses
MonthlyList all your monthly expenses: rent, mortgage, bills, food, gas, entertainment.
Increase by 50%
MonthlyMultiply your total monthly expenses by 1.5 to determine your target monthly income.
Create a Vision for Your Wealthy Future
Write down a list of what you would do with the money. Create a vision of your future self when you're making 50% more than what it costs to be you. Habit Stacking: Link this visualization to an existing daily habit, such as brushing your teeth.
Describe Future Life
MonthlyWrite down what your life will look like, feel like, and be like when you reach your financial goal. What will you do with the extra income? New car, house, experiences?
Visualize Wealth
DailyRegularly visualize yourself living the life you described. Engage your senses and emotions.
Decide You Will Achieve It
Make a firm decision that you will achieve your financial goal, even if you don't know how or when. Decide, knowing you don't need to know how.
Affirm Your Decision
DailyState your decision aloud or in writing: 'I don't know how or when, but soon I will generate [Target Income].'
Don't Think About It (Obsessively)
Avoid constantly checking in on your financial goal. Trust that the opportunity will arise when you least expect it. Focus on enjoying your life.
Engage in Enjoyable Activities
DailyFocus on hobbies, passions, and activities that bring you joy and fulfillment.
Read Your Decision When Fears Arise
When financial fears or doubts creep in, immediately read your decision to break the negative thought pattern.
Keep Decision Accessible
WeeklySave your decision on your phone or in a readily accessible location.
Challenge Negative Thoughts
DailyNotice and actively challenge any financial fears or limiting beliefs that arise. Replace them with your decision.
Be Patient and Enjoy Your Life
Have patience, faith, and trust that your opportunity is on the way. Enjoy your life in the meantime. The 'wait' can be framed as anticipation, rather than deprivation, which leverages framing.
Practice Gratitude
DailyFocus on the positive aspects of your life and cultivate gratitude for what you already have.
Follow the Hunches
Pay attention to your intuition and follow your hunches or inspirations. They may lead you to the opportunities you're seeking. Confirmation Bias: Be aware of the tendency to seek information that confirms existing beliefs.
Record Hunches
WeeklyKeep a journal to record any hunches, inspirations, or intuitive nudges you experience.
Take Action on Hunches
WeeklyWhen appropriate, take small, low-risk actions based on your hunches.
What You'll Accomplish
- Identify your target monthly income.
- Create a vision of your wealthy future.
- Make a firm decision to achieve your financial goal.
- Avoid obsessively checking in on your progress.
- Challenge negative thoughts with your decision.
- Be patient and enjoy your life.
- Follow your intuition and hunches.
Full program access + updates