How’s your money Mindset? – 4 steps to make a shift in 2024

Well, we find ourselves in that strange time of year where no one really knows what day it is, what time it is and where it is still acceptable to be eating chocolate for breakfast and the remaining wiglets for lunch. This time of year is perfect for looking ahead and making plans for the next 12 months.

We all get a bit misty eyed about setting our new years resolutions but how many of us actually set financial goals for the year ahead? In this article we will be giving you the easy to follow steps to setting money goals for the year ahead that will keep you motivated long after your new years resolutions have been forgotten about.

How’s your Money Mindset?

You can’t be surprised that this article is going to mention your mindset because let’s face it, our mindset shapes our relationships with everything in our life and with something as divisive and emotive as money, there is no wonder that people often feel overwhelmed by this subject. Before we even begin to look at your financial goals, it is important to look at your relationship with money.

Your beliefs and attitude about money make up your money mindset. But here’s the thing. What you think are your values might just be the values that you have inherited from your parents, your Grandparents and so on. They then got their beliefs and values around money from their parents, grandparents.

Whether your parents were extra-frugal, often worried about debt, refused to discuss finances or spent money without a lot of thought, that’s going to affect how you think about money, too. In turn, you may make deliberate or subconscious choices to follow their path or specifically take a very different approach.

So, the first thing step to rewiring your mindset is to identify where your limiting money beliefs come from.

  • What were you told about money growing up?
  • What do you feel when you think about money?
  • How do people around you talk about finances?

These are all pieces to the puzzle you need to identify before changing how you think.

No matter your money mindset, or where it comes from, you can harness its power to make it work for you. It all starts with understanding it.

Do you resonate with any of these?

You heard parents say ‘We don’t have enough money!’

Maybe you’ve been stuck at a particular income level for years!

Maybe you’re telling yourself that you’re too busy right now or that money isn’t that important to you.

Maybe you have conflicting feelings about wealth

For Sophie, a big one for her was that she had to work hard to make money and be successful. Money doesn’t come for nothing so you always have to work hard. That sort of Money Mindset is a fast track to burnout because no matter how hard you push, if the results aren’t coming, you will just keep pushing and pushing until something breaks.

But there are ways to work through it

Four ways to shift your money mindset


Write down your biggest money blocks and then go through the list, taking time with each one and asking yourself, ‘Is this really true?’ Most likely you’ll discover a lot of self-sabotage hiding out in that list!


Book out regular time each week to look at your money blocks and assess whether they are really true or not. Focusing on this regularly will help you begin to get clarity and recognise where these blocks are showing up for you. This step is the most important in my eyes


Notice where you’re hiding away or feeling guilty. Look for patterns and beliefs about things like hard work and even procrastination. These are things that stop you living your best life and getting the financial freedom you want.


Add a mindset expert to help release your money blocks. It’s totally okay to pay for that kind of help.

Working on our mindset around money is a big step and is a life long project. I often say to my clients that Mindset work isn’t a 1 time course, its a lifetime investment in to you.

Talking of investments, stay tuned for part 2 of this article tomorrow where we will talk about setting meaningful financial goals for 2024 and beyond.