Created by

Daniel McCall

Date published

Breaking the Cycle of Scarcity Thinking: Overcoming the Limiting Beliefs Holding You Back from Wealth

A timing guide to different topics addressed in this workshop:

• Susanne Conrad, founder of Lightyear Leadership, introduces the purpose of the platform.
• Discusses the "Whole Prosperity" course focused on wealth and worth.
• Introduces Daniel McCall and Jen Fowler as course leaders.
• Daniel expands on breaking the cycle of scarcity thinking.

• Discussion of various limiting beliefs regarding wealth, abundance, relationships, and time.
• Specific beliefs mentioned, such as "never enough," equating money to happiness, and needing to prove worth.
• Comparison of these beliefs to childhood fears and the importance of addressing them.
• Emphasis on examining inherited legacies and challenging these beliefs for freedom and abundance.

• Emphasis on wealth encompassing more than just monetary resources.
• Sharing personal examples of overcoming inherited legacies and limiting beliefs.
• Discussing how addressing these beliefs enabled pursuing goals and experiences.
• Highlighting the need to examine and challenge these inherited legacies.

• Importance of valuing one's success and not fixating on others'.
• Discussing own experiences of realizing worth and its impact on business interactions.
• Emphasizing the connection between beliefs and behaviors.
• Encouragement for the audience to reflect on inherited beliefs and legacies.

• Audience instructed to identify and share limiting beliefs about money.
• Example of a belief that money doesn't stay due to past experiences.

• Discussion of lack of trust in money and its circulation.
• Frustration with money not returning as needed, leading to anxiety.
• Introduction of conscious budgeting as a way to develop trust.
• Realization that looking at finances in a spreadsheet helps alleviate anxiety.

• Explaining a budgeting mindset: giving every dollar a purpose.
• Comparing cultivating a positive relationship with money to a partnership.
• Acknowledging that the approach may not be perfect but is an active engagement with budgeting.

• Discussing how inherited beliefs from parents can impact well-being and wealth.
• Sharing a belief that life is a struggle and its effects on money choices.
• Encouragement to break this cycle and find a new relationship with acquiring goods and services.

• Participants discussing their relationship with wealth and redefining the word "budget."
• Identifying negative associations with budget, such as restriction and scarcity.
• Recognizing the need to redefine budget with positive definitions.

• Discussing the importance of reframing the perception of budgeting as a tool for opportunity, excitement, and freedom.
• Emphasizing the need for a clear and transparent budget.
• Encouragement to share budgeting experiences with others.
• Encouraging a positive mindset for budgeting.

• Addressing budgeting with inconsistent income.
• Integrating opposing beliefs about money.
• Finding a balance between work, money, and parenting.

• Discussing experiences with scarcity thinking and limiting beliefs surrounding wealth and inheritance.
• Helping a family member with scarcity thinking regarding finances.
• Reflecting on the shift towards passive income and investments.