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Your Money and Financial Freedom Guide: Mindset of Scarcity vs. Sufficiency

Written By Millen Livis

When we live in the context of sufficiency, we find a natural freedom and integrity.

~ Lynne Twist

The mindset of scarcity is wildly spread among people of all walks of life, from folks who live paycheck-to-paycheck to people with large fortunes who worry about losing it all and are crippled by fears and stress.

Most of the time, people inherit the mindset of scarcity from family and friends and from society’s culture of “deficiency,” “there is not enough” and “more is better.”  Majority of people are unaware of the ways the scarcity-mentality affects their lives and relationship with money.

When you believe in the notion of scarcity, you focus on deficiency in your life and put all your efforts into overcoming the perceived lack. Your “chase for more,” especially when it comes to money, becomes your guiding objective, your drive, your intention and…your curse. It drains your energy, brings worry and stress into your life and deprives you of joyful and peaceful experiences.

I realize that it is not easy to avoid focusing on scarcity when you are out of a job, have increasing student loan debt or cannot afford to go on vacation with your family. I get it. I’ve been there. That’s why I want you to keep your head high, be honest with yourself about money issues but relentlessly believe in your ability to handle any challenges that come your way and have enough patience and wisdom to appreciate the opportunities in your life.

What Do You Choose?

Like with everything in life, you can choose to:

  1. Continue crippling your life by fears and insecurities of the scarcity mindset and society’s money culture.
  2. Expand your ways of seeing life, let go of greed and worry; accept the uncertain nature of life, learn ways to grow wealth and focus your intention on experiencing fulfillment, love and joy.

Once you let go of the paralyzing fear of “not enough,” you’ll experience a liberating and empowering sense of sufficiency, which comes from knowing that no matter what, there is enough and that you are enough and capable of handling any life challenges.

Read more on this subject next week…

To Your Wealth, Health and Happiness,

About the Author

Millen is a Wealth architect and Financial Independence Coach, entrepreneur, and a bestselling author. Being a Possibilities' Catalyst, she uses her intuition, business, and investment expertise to support entrepreneurial women (like you) who want to master their money, live their purpose achieve financial prosperity and freedom. With her physics and business education, corporate and entrepreneurial experience, money management know-how, mindfulness practices and transformational coaching skills, Millen has a unique ability to guide and support clients in achieving extraordinary success in their lives.

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