Yo! Appreciate you for checking in! So, first of all, it’s only right we give credit where credit is due. The “I can’t afford it?” vs. “How can I afford it?” mindsets come from Rich Dad, Poor Dad by Robert Kiyosaki. If you have not read that book, we highly recommend it. There is a unique perspective about making money that has more to do with mindset than anything else. After reading the book, you’ll walk away with a new, positive energy for how to create wealth for yourself and your family.
Let’s keep it REAL, we’ve all experienced this dilemma. How do you react when you see something that you want, but can’t buy it at the moment? It’s important to consider how you go about this situation when you face it. How we decide to act in this situation can dictate how we act in a lot of other situations… including those that have nothing to do with money.
“I can’t afford it”
Let’s start with the “I can’t afford it” mindset. When you see something you want, but don’t have the money, when you have this mindset you fall victim to limits that you put on yourself. Think about it… as soon as you say you can’t afford something, that’s it. It ends there. There’s no creativity, there’s no drive to figure it out. There is just the notion that you can’t afford it… which is true. There’s a saying that those who think they can and those who think they can’t are both correct. It’s all about your mindset. If you say you can’t afford it, you are absolutely correct and unfortunately, since it stops there, you may never be able to afford it.
Let’s use a private jet, for example. To keep it REAL, most people will say that this is something they can’t afford (no judgment). It’s honestly something that most of us think we will never get, but again, if this is the way we think then we are absolutely correct. This is the limit that we set. After we realize we can’t afford it, we stop thinking about it, we stop considering ways to afford it, we stop figuring out what the next steps are.
When this is our thought process about something, it spills over into many other things in our life as well. We end up setting limits on ourselves for all kinds of things. Let’s keep it REAL, we might think like this about that dream car we wish we had, or that mansion that seems out of reach. We begin to realize that there are many things that we can’t afford, and again, when we think this way, since it limits us, there’s no way we will ever get any of those things. The more important question we should ask ourselves once we say we can’t afford it is when will we ever be able to afford it then? Or will we always get to that place of limiting ourselves?
“How can I afford it?”
Obviously, this is the complete opposite frame of mind. Let’s keep it REAL, even just asking yourself a question like this requires a thought process. This means your mind will continue to think about that private jet, for example. The beautiful thing about our brain that we have to realize is that it’s a muscle. Think about any other muscle on your body; when you choose to workout on consistently, your muscles have no choice but to grow. The same rule applies to your brain. When you consistently train your brain and your thought process, you give your brain no choice but to grow. Your mind begins to develop in a way that exercises options. If the private jet costs $10,000,000 for example, while this might seem like a large sum of money, you’ll start to think of ways to make that money yours. You might break it up and think about ways you can make $1,000,000 over the next 10 years, or $2,000,000 over the next 5 years, and so on.
The point is you’ll start to get creative with figuring out different ways to afford that private jet. Not only that, but the more you train your mind to think like this, the more likely you are to figure out ways to get that dream car and mansion as well. The best part about having this mindset is that you’ll end up putting yourself in certain positions that make the private jet, dream car and mansion more affordable. Not only that, but there will be other things in your life that you’ll go through and instead of limiting yourself, you might try to figure out ways to achieve whatever goal you set. This same mindset can also apply to school, of course. If you have a tough class, instead of having the mindset of, “I can’t pass this class”, you might say instead, “How can I pass this class?” Again, that simple question you ask yourself will open up many different ideas and ways of accomplishing your goal.
There is so much power in understanding the difference between these two mindsets because like we said before, whichever mindset you choose, you are correct in your thinking. If you can’t afford it, you might never be able to. If you ask yourself how you can afford it, then there’s a better chance that you might figure out how to afford it. By the way, when you have this mindset, you’ll probably even be able to answer the question, “When can I afford it?” So instead of setting those limits on yourself, you’ll have a plan of achieving your goal and will most likely do it. Thank you again for checking in. We appreciate your support! We hope this was valuable to you and you can apply this mindset if you haven’t already. The good news is that it’s never too late and there’s always time to improve and become a better version of yourself.
Keep it REAL.
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