As you were standing on the edge of a long, expansive beach, you realized that the ocean represented all of the money available to you?
And you are holding a bucket to take your share?
How big is your bucket?
This analogy is my absolute favorite for explaining the concept of a money blueprint. In his book, Secrets of the Millionaire Mind, T. Harv Eker gets readers’ attention by claiming that he can predict a person’s financial future within 30 seconds of speaking with them. That’s because we all have a unique financial blueprint buried in our brain that absolutely dictates every financial behavior and result in your life.
Despite what a lot of people think, your financial success is not dictated by your IQ, quantity of degrees, luck, how hard you work, inheritance, the economy or anything else. It is dictated by your financial blueprint. And this blueprint was solidified in your mind by the time you were 12 years old. Your financial blueprint is developed by your parents, other adults that raised you, your church, society, TV, and other significant events in your life.
There are 3 ways your financial blueprint is developed:
1) What was said to you about money as a child;
2) What was modeled to you about money as a child;
3) Any significant financial event that happened to you as a child;
For example, did you ever hear the saying, “money doesn’t grow on trees?” If you have heard that saying, you probably heard it over and over and over again. Such a saying reveals a sense of scarcity relative to money and that perception was likely passed on to you.
Here’s another example: if I asked you how much money would you like to make in your business, would you respond with a dollar amount that felt good but not excessive? A money behavior that is modeled to a vast proportion of our society is a desire to make enough to support one’s self and family, but never to take more than one’s fair share. Again, this sense of feeling guilty around wanting more than one’s fair share of money reveals a big scarcity mindset.
A last example: what if your parents divorced when you were 10, and you had to move from a big, beautiful, 5 bedroom house in a very nice neighborhood to a small, duplex in a different town, attend a different school to live with your mother, who also had to get a job. Do you think you would have some negative association with a failed marriage and money? It’s highly likely.
Since “monkey see, monkey do” is an accurate description of how financial blueprints get passed down to us, a great exercise to uncover some of your financial blueprint is to look for money behaviors and patterns that your parents exhibited to you as a child. Can you see a correlation to how you have repeated that pattern in your own financial life? Maybe your mother was a saver who never threw anything away. Perhaps you are the same? Or, maybe you went 180 degrees in the other direction.
Even though scarcity mindsets run rampant in our society and throughout the entire world, a belief in scarcity is a belief in a lie. Why? Because the ocean DOES represent the amount of money that is available to you at all times. It is endless…not limited. You would never get to the end of the water source no matter how many times you fill your bucket. And did you even realize you can upgrade the size of your bucket? Yes, you do not have to allow your current financial blueprint to dictate your financial future. You can change it.
How does one change it? The first step is awareness. Become aware of your money mindset and the financial patterns exhibited to you as a child that you are now repeating. Identify as many as you can. Then, the next step is feel your way to your fortune instead of acting your way to it. In other words, pay less attention to “what is” and a lot more attention to “what is coming.” Spend several minutes of every day dreaming of what is to come. What do you want in your life relative to money? Let yourself go there without guilt, anxiety or restrain. Just dream for a little while, everyday. What do you have to lose?