Scarcity mindset? Yup, that's me!

Updated: Apr 9

Woo Hoo! We made it to 2021!! Happy New Year! As I reflect, 2020 was a year of highs and lows, but for me, it was a year of deep personal growth, and for that, I am grateful. I have been thinking about abundance, and for me, part of that is changing my mindset from a scarcity to abundance.

This is one of the hardest things I’ve written about because I’m actively working through this and allowing space for the feelings to arise. I feel raw and vulnerable about this topic, especially from a financial standpoint.

I reviewed my debts and looked at how many purchases could be deemed frivolous. I saw how far off budget I was for the year and started to look at areas where I can tighten my spending.

Honestly, I have tried every technique available for financial abundance, I have purchased different apps, created spreadsheets, and spent countless hours pouring over my finances. I have manifested, prayed, and even played the Lotto a few times. I have been successful at times and other times not so successful.

A scarcity mindset believes there will not be enough, or there isn’t enough to go around. For me, this results in feelings of fear, stress, and anxiety. I have experienced abundant times in my life, when I embody an abundance mindset and life flows from a deeper place where I feel safe and worthy.

Although I started writing this from a financial perspective, the abundance/scarcity mindset is not just about money or finances, and is also reflected in everyday life. Thoughts like “Why does this happen to me all the time?” Or “Why couldn’t I have found a great deal like that?” bubble up; which leads me to feeling sorry for myself, which leads to more scarcity thoughts.

Although I am aware I have that type of mindset especially at this time of year, I wasn’t aware of how scarcity thoughts are affecting my everyday life. My eyes were opened when I went to The Bright Blog Space and read the examples of a scarcity mindset vs an abundance mindset written by JessicaDW.

JessicaDW states:

When someone gives you a gift that you don’t particularly like, scarcity says, “They know I don’t like this, I don’t know why they got this for me!” Abundance says, “Wow, that was so nice! I can’t believe they remembered my birthday.”

When you get the email from the recruiter letting you know they’re moving on to other candidates, scarcity says, “I didn’t get this job, I’m not good enough, I will never get a job!” While abundance says, “That wasn’t the right fit for me. My dream job is still out there waiting for me. I’ll keep looking.”

Sounds like reframing, right? It is! However, it’s more than just reframing; it’s feeling into the scarcity and then coming out of it with gratitude and compassion.

I took my dog for a walk earlier this morning and passed a lovely 4 bedroom home with a big yard and I thought, “Man if only I could afford a home like that!” I started to daydream about how I would use the space and even wanted to put a work pod in the backyard. As I started to sink into the “poor me” routine, I heard my inner voice ask “Do you really want a place that big?” As I felt into it, I knew that I really didn’t. Surprisingly, I started to feel gratitude for my little abode. When we returned home, the sun was shining through the windows and as I opened the sliding glass door I heard the most beautiful birdsong. My heart and soul burst open with pure love and joy. I felt the abundance of my perfect little home.

How do you shift from a scarcity mindset to an abundance mindset? In my research, I found many different techniques to shift to an abundance mindset but here are the main commonalities I found:

GRATITUDE - Be grateful for what you already have. It isn’t always easy, especially when it feels like something is lacking, such as money. But keeping a gratitude journal helps me see the abundance I already have. A gratitude journal does not need to take up much time. I use an iPhone app named The 5 Minute Journal. Shortly after waking, I list 3 things I am grateful for and list 3 things that I will do to make the day great, and just before bed, I list 3 amazing things that have happened to me. It helps me feel a sense of gratitude for my life.

REFRAMING - Look and feel for the positives when unwanted situations arise and you find yourself entering a scarcity mindset. Feel into your truth and look for the golden nuggets of wisdom. It’s been a couple of days since the dog walk and I still have much love for my tiny home.

YOU ARE ENOUGH - “Really? Come on! I may be enough but it isn’t going to pay my bills!” was my first reaction but it was also key as to why I have this financial pattern. My feeling of self-worth ebbs and flows. When it ebbs, I try to fill it with possessions, food, nights out on the town. Anything to give me a sense of self-worth even if it is external validation thus keeping me stuck in the pattern. This is a tough one for me to work on. However, I realize this is a daily practice of truly feeling my self-worth.