Money Psychology as we are close to halving:

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3 Jan 2024
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The power of mindset
Your mindset plays a crucial role in your ability to make money. If you have a negative mindset about money, you're less likely to take risks and pursue opportunities. To develop a positive money mindset, focus on abundance and gratitude. Be grateful for what you have and believe that there is always more to come.

The importance of goal setting
Setting goals is essential for gaining. Without clear goals, you're less likely to take action and make progress. When setting goals, be specific and measurable. For example, instead of saying "I want to make more money," say "I want to earn an extra $500 per month." This will give you a clear target to work towards and help you stay motivated.

The role of habits
Your daily habits can either help or hinder your ability to make money. To develop good money habits, focus on the actions that will bring you closer to your goals. For example, if your goal is to earn more money, focus on activities that will help you achieve that, such as networking, learning new skills, or starting a side hustle.

And lastly, emotions
To overcome emotions, focus on your strengths and past successes. Remind yourself of times when you overcame challenges and achieved your goals. This will help you build confidence and take action towards your financial goals.





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