15 Money Limiting Myths – How the Law of Attraction Works

As part of being human, we come with a set of money limiting beliefs already in our consciousness. Sometimes we learn them when we are younger from our family, friends or society as a whole. If you want to have a healthy relationship with money, you will need to confront your specific limiting beliefs and let them go. Below are some of the more common myths to we subscribe to:

  • Making money requires hard work
  • It takes money to make money
  • It will take a lot of time to acquire money
  • Desiring more money means you are greedy
  • Rich people are greedy
  • Money is scarce
  • My money situation depends on the economy
  • I can only get money from my job
  • I don’t have enough skills or education
  • I’m too old or young
  • I don’t deserve more money
  • Someone else is holding me back
  • I’ve not managed money well in the past
  • I have bad luck, rich people are lucky
  • People will not like me if I am rich

Myths we Believe

Making money requires hard work. False. How do you define “hard work”? Mostly, it has a negative connotation. In the Bible, Adam is told by God “In the sweat of thy face shalt thou eat bread, till thou return unto the ground.” If you take that passage literally, it says everything we need to know about “hard work.” But is that our fate? Or is that an instructional parable? Look around you. There are many Adams, but there is a select group that does what they love and loves what they do. Many famous rock musicians perform well into their 70’s, long past any financial need. They are locked into something that you want. It is not talent or luck; it is passion and love. Even if you were to look at accountants, some of them have a passion for what they do and are successful beyond your wildest dreams. You can have that passion too! Just pick something to do that inspires passion or find more passion for what you currently do.

It takes money to make money

Not true. If you acquire an education in finance, you will be taught that “capital is king.” In reality, divinely inspired ideas are the most valuable currency of business. You have access to these ideas by quieting your mind and waiting upon inspiration.

It will take a lot of time to acquire money

Not necessarily true. The amount of time needed to manifest money is directly related to how free your mind is from negative beliefs. If you believe that it will take a long time to manifest money, you will probably be right.

Desiring more money means you are greedy

Definitely not true. Greed means obsession with money, and having the willingness to do anything to get it. There is nothing wrong with a healthy desire to prosper. It becomes unhealthy when fear and obsession enter the picture. If you are reading this, you probably don’t deserve the “greedy” label.

Rich people are greedy

Not generally true. Some rich people are greedy, and some poor people are greedy. Most rich people are not greedy. Having more money to do good things is not being greedy.

Money is scarce

False. In the United States, the Bureau of Engraving and Printing prints 541 million dollars per day. While much of that replaces old currency, there is still growth in the currency supply.

My money situation depends on the economy

False. Fortunes have been made in the worst economic times. More millionaires were created during the great depression than at any other time in history. Do some reading on Colonel Sanders and other depression millionaires.

I can only get money from my job

False, your money comes through your job, not from it. Release any limiting beliefs about your situation. Do what you love or love what you do. Money can flow from any unexpected places.

I don’t have the skills and education

What a lame excuse. You can get the skills and knowledge you need to succeed at your own pace. Don’t listen to limitations that “they” place upon you. Set your course.

I am too old or young

Very much false. There is no age limit on creativity, ideas, and abundance.

Someone else is holding me back

Do you want to know who is holding you back? Look in the mirror! Check your belief systems to see where you feel like a victim of the people around you. Change yourself before you change out the people in your life; otherwise, you will end up with more of the same. No one should stay in an abusive relationship, of course, but be honest with yourself about your role in the relationship.

I’ve not managed money well in the past, so I don’t deserve it now

The past is gone; you cannot let it define who you are right now. Make an intention to be a wise and frugal money manager in the present moment. Sincerely forgive yourself for any past errors or flaws in your thinking.

I have bad luck, rich people are lucky

Again, false. Luck does not play a part in what you attract in life as a whole. It is true that if you zoom in on individual events, some may appear to be due to the luck of the draw. But if you look at the big picture of your life as a whole, luck is not the most critical factor in your results. Your thoughts and beliefs are the keys to your results.

People will not like me if I am rich

This statement is based on false premises. Whether people like you or dislike you is dependent on their limited perceptions. It is not your problem. Yes, if you are rich, you will have to learn to say no to some people. Is that a bad thing? Absolutely not.

The Law of Attraction and your Beliefs

I hope that you have found an exploration of these myths to be valuable in changing your thinking and beliefs. Remember it all starts with you!