Follow These 7 Keys & Never Be Broke Again

Lewis Howes discusses the psychological aspects of wealth, emphasizing that one’s financial state is deeply connected to their belief system and personal identity.

Wealth Starts In the Mind, Not the Bank

Shift Limiting Money Beliefs Into Empowering Ones. Replace "I Can't" With "I Can Learn and Improve."

Lewis Howes encourages individuals to shift their limiting beliefs about money by changing their internal language and self-concept. He suggests that replacing thoughts such as "I can't afford this" with "I can learn to manage wealth" can initiate a more positive and capable attitude toward money. Howes advises people to examine and alter their beliefs about wealth, and to affirm a new financial identity centered on attracting, managing, and multiplying money. He shares his own experiences of transitioning from feeling "dumb" and struggling to considering himself "wise," thereby embracing a more empowering belief about his capabilities.

Money Amplifies Who You Are

Negativity Increases Stinginess; Positivity Fosters Generosity

Howes explains that money acts as an amplifier of one's character. If a person is inherently stingy and selfish, more money will enhance those traits. Conversely, if someone is kind and generous, an increase in wealth will magnify their generosity. He suggests that readiness for money isn't just about financial aptitude but also about emotional and psychological preparation.

Guilt Is a Wealth Killer

Guilt, Shame, and Self-Doubt Block Wealth Growth; Cultivate Gratitude and Giving Instead

Lewis Howes contends that negative emotions such as guilt, shame, and self-doubt operate at low-frequency levels, repelling financial success. He advocates adopting higher frequencies of joy, gratitude, and love to at ...

Lewis Howes delves into the concept that our relationship with money is deeply intertwined with our emotions and should be managed with care.

Money Is Energy That Needs to Flow

Howes equates money to energy, insisting that it needs to stay in motion.

Loosen Your Grip on Money; Appreciate and Let It Circulate

Howes emphasizes that money, like energy, should flow freely. He advises individuals to foster an attitude of appreciation for every dollar they receive and to allow money to circulate. By investing or even giving money away, one creates a dynamic environment for their wealth. He highlights the importance of not hoarding money, but instead trusting in its return and allowing it to grow. Reflecting on his own past behavior, Howes admits he once gripped his finances too tightly, which he now understands blocked the flow of abundance.

When money comes his way, Howes considers where it should go — whether into a bank account, an investment, a purchase, or as a donation — treating money as an energy that needs to move.

Speak Wealth Into Existence

Howes discusses the power of language in shaping our financial destiny.

Empowering Money Language: Affirm Growth Over Limiting Beliefs

He advocates for empowering language when talking about money, including affirming beliefs in our ability to attract, manage, and multiply wealth. Howes suggests using affirmations such as "I am a loving, passionate, wise man," which he believes can help change restrictive narratives, encouraging self-belief and growth. Howes proposes adopting a growth-oriented language when discussing finances and learning about money, thereby nurturing a mindset that attracts wealth.

Normalize Success

Howes argues for the normalization of wealth and success, underscoring the importance of valuing one's own worth.

Don't Apologize For Abundance; Appreciate Your Value Attracting Wealth

He emphasizes the significance o ...

Lewis Howes provides insights into the importance of investing in oneself, emphasizing that personal development should take precedence over luxury spending and discretionary expenditures.

Invest In Yourself First

Prioritize Investing In Learning, Mentorship, and Overcoming Fears Before Luxury Spending

Howes underscores the importance of investing first in learning, development, mentorship, and coaching. He insists that such investments in oneself don't always require money and can include investing time in learning through free content or seeking guidance from mentors who can provide insight on various aspects of life, including money, career, and skills. Howes shares his own experience of paying a substantial amount to learn a lesson about protecting one's reputation, highlighting the long-term benefits of such an investment. Howes details spending $10,000 on a two-day workshop, which provided him with key insights that helped his business grow, thereby demonstrating the payoff of investing in personal development.

Howes also speaks about working for a mentor, emphasizing the significance of personal growth and learning over immediate monetary reward. Further, he reflects on attending an emotional intelligence workshop, which helped him overcome personal challenges and lead a more peaceful life. Howes promotes the idea of creating a contract with oneself to dedicate time to workshops, mentorship, and personal growth, over material indulgence.

Earning Money Isn't Managing It

Develop an Appreciative Relationship With Money: Focus On Making, Growing, and Protecting It

Howes illustrates the distinction between earning money and managing it, through a story from Alex Hermosi who spent a significant amount for advice to protect his reputation, reinforcing the concept that managing money is also about safeguarding one's personal brand. He advises developing an appreciative relationship with money by focusing on making, growing, and protecting wealth. This implies finding a balance between being generous with money and safeguarding it for the future.

Howes also discusses the importance of being ready to receive money and suggests that personal growth is directly connected to the ability to generate wealth. He advocates learning financial education and overcoming limiting beliefs before indulgence in luxury spending.

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