#586: How to Overcome a Toxic Money Mindset - Daniel Moyer

Maybe the most limiting factor in our ability to attain the financial success we'd like is our mindset. Listen in as photographer and coach -  Daniel Moyer - shares how we can shift our mindset about money in order to reach our goals.

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Daniel's Introduction (1:32)

How Daniel defines a toxic money mindset (3:00)

What is at the root of a toxic money mindset? (6:00)

1. short-sighted from childhood experiences

2. scarcity mindset

Three mindsets to overcome in order to have a healthy approach to money (11:30)

1. Money worship

2. Money status

3. Money avoidance

What steps can be taken to move to a more positive money mindset? (18:30)

1. Educate yourself about finances and budgeting

2. Be confident in your money decisions by knowing your numbers

3. Align spending with your values

Story from The Psychology of Money (46:08)

Links:

https://www.instagram.com/getfocusedphotographers

https://www.focusedphotographers.com/newsletter

https://www.instagram.com/danielmoyerphoto

https://www.danielmoyerphotography.com

https://www.instagram.com/fourdadtographers

Total Money Makeover by Dave Ramsey:

https://www.amazon.com/The-Total-Money-Makeover-audiobook/dp/B0845YKM1P/ref=sr_1_1?crid=9QX75VE27ZB8&keywords;=total+money+makeover+dave+ramsey&qid;=1663709731&s;=audible&sprefix;=total+mone%2Caudible%2C72&sr;=1-1

The Single Path to Wealth by J.L. Collins:

https://www.amazon.com/The-Simple-Path-to-Wealth-audiobook/dp/B0725RFDPY/ref=sr_1_1?crid=249UASGJW63R6&keywords;=the+single+path+to+wealth&qid;=1663709777&s;=books&sprefix;=the+single+path+to%2Cstripbooks%2C75&sr;=1-1

The Psychology of Money by Morgan Housel:

https://www.amazon.com/Psychology-Money-Timeless-Lessons-Happiness/dp/B08D9WJ9G8/ref=sr_1_1?crid=35LO7ANFVP5TO&keywords;=the+psychology+of+money&qid;=1663709696&sprefix;=the+psychol%2Caps%2C80&sr;=8-1

https://www.mrmoneymustache.com/

https://www.rocketmoney.com