How Journaling Creates an Abundance Mindset
Some of history’s most influential people had a habit of journaling. From the musings of John Muir to the journals of Marie Curie and the “Field Notes” of Teddy Roosevelt. These great minds not only provided a history of their legacy. They used journaling to cultivate an abundance mindset and reach their goals. These avid writers understood that the mind is fickle and meandering thoughts difficult to navigate. So to process their thoughts or keep record when they had a stroke of genius, they knew it was best to write it down.
As avid journalers ourselves, we could not agree more.
The Benefits of Journaling
Journaling provides countless benefits and can play an important role in leading a successful, happy life! As referenced, one of the cornerstones to journaling is it aids in processing thoughts and emotions. Writing regularly in a journal can be a helpful tool for managing anxiety, reducing stress and coping with depression. It also provides an opportunity to contemplate and observe circumstances in a way that organizes thoughts and helps you choose a course of action. Making it extremely helpful in reducing feelings of overwhelm. Something that is all too common when it comes to managing your finances!
Other benefits of journaling are increased self awareness, improved decision making and organizational skills. All of which are influential characteristics of successful people. Studies show that self awareness is one of the top characteristics of highly effective people. This skill can also be honed in by a constant practice of self evaluation and reflection.
Improved decision making and organizational skills are also powerful tools for both your career and your financial journey. Both of which are strengthened through a regular journaling practice. When you cultivate the habit of writing down your thoughts you bring them into focus. That makes it easier to objectively contemplate the impact of your actions and to consider various outcomes. Especially when making life changing decisions. Like taking a new job, career change, big move etc. These skills still rely heavily on heightened self awareness to know what course of action is right for you and what you should prioritize.
The positive impact of intentional journaling doesn’t stop there. Through consistent journaling, you can identify behavioral triggers, habits or patterns that arise. Giving you the opportunity to process them for yourself or with someone in your life. This is the power of reflection and giving ourselves a greater opportunity to learn from our experiences. When approached with a growth mindset, journaling can provide you with the opportunity to reflect on your past in a healthy way. While identifying opportunities for improvement or choosing a different course of action next time, in hopes of an improved outcome.
When starting a regular journaling practice it is important to be mindful of the level of consciousness you are in while journaling. We find that journaling is most beneficial when approached with a growth mindset. Focusing on opportunities for improvement, rather than a strictly critical and negative lens. Remember the purpose of journaling is to expand and to rise to a higher level of consciousness and abundance. To do that you must acknowledge that while you might not always get things “right” or “perfect”. There is always an opportunity to learn.
This is the part of journaling that can help you “rewire your brain” for abundance and success.
Journaling Your Way to an Abundance Mindset
Intentionally writing in a way that is empowering, focused on solutions and not problems, can quite literally change your life. Re-writing a negative narrative you tell yourself. Overcoming limiting beliefs you hold about our own capabilities and potential. This is what it means to have an abundance, or a growth, mindset. By journaling with a solutions oriented approach you shine a light on opportunity rather than just the obstacles.
On the other hand. If you only write about all of your challenges, struggles and what’s going wrong in your life you create a scarcity mindset. Without the solutions and problem solving, journaling will quickly become a negative experience for you. By focusing on the negative we reinforce the negative. Making intrusive critical thoughts stronger and more prominent. The opposite of what we are trying to do.
That is to say, there is nothing wrong with venting and writing about your frustrations. In fact it is very healthy and should be a part of the journaling process as well! But if you want to break through what is challenging you, it is important to take those negative thoughts and work to shift your point of view. Remember, you are journaling to an abundance mindset. Trying to train your brain to focus on controlling what you can control, seeking solutions and looking for the positive, no matter how small.
Of course this is harder at times than others. But if you are familiar with the writings of holocaust survivor Viktor Frankl you might know this quote from his book Man’s Search for Meaning.
“Everything can be taken from a man but one thing: the last of the human freedoms—to choose one’s attitude in any given set of circumstances, to choose one’s own way.”
Journaling Helps You Reach Financial Goals
Journaling can also increase the likelihood of accomplishing your goals! When focusing on your goals regularly and tracking your progress towards achievement you keep your goals front of mind. Which makes you far more likely to take actions that align with your goals and values. Consistently benchmarking your progress also helps you determine if any adjustments are necessary to stay on track. Again looking for ways to improve your plans and change or become the person you want to be!
Our Money Mindfulness Journal to Establish an Abundance Mindset
With all of these amazing benefits it is no wonder why we are big fans of journaling. So much in fact, we created our Money Mindfulness Journal. A guided journal intentionally designed to help you cultivate a healthy and abundant money mindset and reach your financial goals! As Financial Coaches, we talk with clients about their money every day. We know that feelings of financial stress, anxiety and overwhelm are all too common. With the majority of Americans living paycheck-to-paycheck regardless of income level, most of us are experiencing financial stress and anxiety.
When you’re living paycheck-to paycheck it can be challenging to focus on what is going right and how to improve things. You feel stuck in fight-or-flight, you struggle to see things clearly and quite possibly feel triggered to self soothe with some “retail therapy”. But journaling about your relationship with money can help you identify these patterns.
If you have a tendency to self sabotage your financial goals, using the Money Mindfulness Journal you can uncover your spending triggers and work to find healthier ways to self soothe that align with your goals and values.
Even High Net Worth Individuals Stress about Money
One common misconception is that these negative feelings around money are strictly experienced by those who are really struggling to get by. But even for those who are more financially healthy, feelings of overwhelm and confusion are still extremely common. With too many options, opinions, and advice all over the internet. (yes we see the irony) The noise can induce high levels of stress. Leading to indecision, fear and paralysis as you try to weigh options and decide what is right for you and your family.
Finally, even individuals or couples with a wonderful strategy and an exceptionally high Net Wealth suffer from fear of losing their wealth, worry they do not have enough and will outlive their money, etc.
All that is to say, we have never met anyone who does not have some sort of financial anxiety or negative and limiting belief around money – regardless of Net Wealth. Which is why we recommend taking time to journal and process your thoughts and emotions around money. Rewiring your brain for abundance so you can ensure that you make consistent progress toward building and enjoying your wealth!
The Money Mindfulness Journal was created to help you build healthy money habits, nurture an abundance mindset, overcome financial self-sabotage, use your money in a way that aligns with your goals and values and rewire your brain for abundance!
Broken into two parts the journal encourages you to take time for a Morning Meditation to set your intentions and nurture an abundance mindset. Starting the day with a gratitude practice, a positive money mantra and writing down your goals to keep them front of mind. In the Evening Reflection you’re guided through a process that helps you review how your day went, through a positive lens. Helping you celebrate your wins and identify ways to adjust your habits and start creating the lifestyle you want!
[The journal is currently in the process of being updated and re-published. Please sign up for our newsletter for updates about its availability.]
Want more content like this? Mindset Shifts for Success
Do you keep a journal? If so, what do you like to journal about? Let us know in the comments below!