How to Grow Your Confidence When It Comes to Making Money

Julie Murphy • February 14, 2022

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Building confidence is a key part of your ability to attract wealth into your life. When you believe in yourself and your potential and you truly understand how to harness that, your brain starts to work in a more expansive way. You begin to create habits, rituals and make decisions that will all lead to greater financial success. The more confident you become, the happier, more self-empowered and magnetic you feel. It all starts with taking things step by step. Confidence doesn’t happen overnight but there are many tangible practices you can put into place to become more confident today.

So how to grow your confidence when it comes to making money and building wealth? In this article, I’ll share some key tips.

It all starts with your mindset and self-talk

Confidence starts with mindset and your inner dialogue. You have to train your subconscious mind to believe that you are worthy of making money. Some tools you can use to work on your mindset include positive affirmations and by consciously focusing on your strengths, abilities and achievements. It’s time to be your own cheerleader; to see yourself through a different lens and to shift your mindset from one of fear or restriction to one of abundance. Regardless of your financial past, you still deserve to go after what you want! Take those learnings and apply the knowledge you have acquired in a positive way.

Another technique is to think about what your higher self would do. Take a moment to imagine your higher self completely embodying the essence of confidence. What would he or she do financially? What choices would they make? How would they feel about their money? What money making activities would they be working on? What type of lifestyle would they lead? What type of people would they surround themselves with? Asking yourself questions like this can help to anchor you to a vision that is in full alignment with who you want to become.

Get educated

Confidence comes with competence and when it comes to making money and making smart financial decisions, getting educated is crucial. After all, knowledge is power! Whether this comes in the form of books, YouTube videos - such as my own where I offer an abundance of education around finance, seeking help from a financial professional, advisor or mentor, taking a course to learn a new skill that will set you on your path to building wealth or learning about the economy, investments and how to spend and save smarter, when you have this knowledge, it immediately raises your level of confidence. You can make educated decisions based on solid information and this feeling becomes addictive, inspiring you to then continue the learning process!

If there is someone you admire and who inspires you – perhaps in business, investing or even how they live their life, if they have resources available, study their path, look at what they have done to build their success and think about how you could apply this in your own life. This is all part of getting educated. Learn from the people who you aspire to be like!

Don’t be afraid to try new things

When I’m asked how to grow your confidence, many times I see people who are scared of trying something new - especially when it comes to activities around making money and building wealth. Confidence can’t be built by feeling or staying stuck. The way confidence is truly built, is through the act of doing things outside of your comfort zone. You can’t be immediately confident at a skill - take a musical instrument as an example. The more you practice, the better you become and the more confident you feel. The same applies to making money.

Perhaps you want to expand your earning potential by starting a side business? The act of just starting and learning as you go will raise your confidence because you’re creating momentum. You’re now in the energy of abundance and with that comes a huge sense of empowerment. By trying new things, you’re expanding your self-awareness. You begin to understand more of what you enjoy (or don’t), what you’re good at and where you have potential to create real wealth in your life! Trying new things is also fun, it rewires your brain and opens up fresh channels of possibility.

Create money habits that are in alignment with your desires

Growing your confidence, making money and building wealth comes when you feel a sense of control that is in full alignment with your desires. You know what’s coming in, what’s going out, what is being attributed to paying off your financial past and how much you’re saving and investing. When you make decisions about how and where your money flows from a place of fulfilment and satisfaction, this will grow your confidence about your ability to handle your money and to make more of it. I speak much more about this in my free book Awaken Your Wealth. You can get your free copy here and it’s a fantastic resource to guide you on your financial journey.

If you’re living in fear of the number in your bank account, feeling restricted to a budget or not living your life in the true expression of yourself, your finances are only going to suffer. As I always like to advise my clients; the goal is to become your own bank. Choose to take control so that your money is flowing in a way that feels good, purposeful and exciting! When you no longer feel tied to debt instruments, your employer or somewhere else that keeps you constrained within a container, this sense of freedom elevates your confidence!

Now you know how to grow your confidence, it’s important to have self-compassion and understand that it’s a gradual process. The key is creating momentum. If your job isn’t serving you on a head, heart and soul level, you don’t have to suddenly find the confidence to leave tomorrow. What you can do, is build your confidence in small ways every day to take the steps to look for new options and opportunities. Open up the channels of possibility and seek out more of what makes you feel joy, fulfilled and inspired. Follow the clues and see where it takes you.

When you proactively work on your confidence and believing in yourself, you will start to notice those changes and life will start to feel exciting and brighter! This feeling keeps you motivated to do more of what’s working and to truly go after what you want.

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