Poor Mindset or Rich Mindset
Did you ever ask your child what does she think about her status in life? Does she feel she is rich or poor? People can have either a poor mindset or a rich mindset.
I just realized that for a long time I have a poor mindset. I grew up with a poor mindset. We did not have much during my growing up years and life was hard. I always think that we do not have enough. There were so many things I was not able to do or acquire because of our financial limitations. And that had a stronghold on me and how I made decisions and made choices.
For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future. (Jeremiah 29:11)
This is a promise in the Bible that is very convincing that God wants us to think and feel we have the capacity to prosper and be rich. That is what He wants us to be. Yet, many of us fail to embrace the promise. Because we are naturally discontent beings. It is hard for us to know when we have enough. We always lack on something.
Rich mindset does not depend on how much we have in our pockets. It is how we see and what we do with what we have. Not all who has money has the “rich mindset”. Not all those who do not have much money have “poor mindset”. Mindsets are not only matters of the mind but more so, matters of the HEART. I always believe that at the end of the day, it is our hearts that matter. God will always look at the intent of our actions…He looks at our hearts more than anything.
Sadly, our mindset can be passed on to our children. They see life the way we talk about it. They see life the way we live it. We have to be intentional every time we deal with our kids.
Here are some things we can teach our kids to avoid POOR MINDSET and prepare our children to embrace the abundant life God has promised:
- To have dreams is good, but to have goals is better.
I was surprised when my 9-year-old daughter asked me what is better than a dream…I was not able to respond right away, so I asked her “What?” She answered GOALS are better than dreams. Because dreams, you do not know when it is going to happen and sometimes it will never happen. But goals, you tell yourself when you want it to happen.
Teach your child to set goals. This can be done every day. Homeworks and school projects are the easiest way to practice goal setting. Let your child set time or day to finish tasks. Help him learn how to manage his time.
Make your children talk about their dreams and goals. Ask them what they think of their future, what they want to be when they grow older and encourage them as they reveal these things. This will empower them to believe that they can be who they want to be and reach their goals. Teach them to PRAY for their future.
2. It is better to give than to receive.
Children love to receive things (and even adults too!) We would always like to be on the receiving end. But people with rich mindset think differently. They would like to be on the giving side. The one who gives is usually the one who has something to give away because things are enough for him.
Teach children habit of giving and sharing. This does not only apply to tangible things alone but also to giving and sharing what they know. People with rich mindset do not keep bright ideas to themselves. They share them and are not scared to share things that will benefit other people even if this means that others can be later on better than themselves.
3. If you cannot afford it, find ways how you can afford it.
Our words are very powerful. I know most of the parents reply to their kids “We cannot afford that!” or “We do not have money for that!” every time their children ask them to buy something that is expensive. These statements build the mindset of our children. These will create a belief that they cannot afford things they want. There is a better response we can give our children. You may say “We cannot get it right now, but if you really want it and if you think you really need it, let us find a way to be able to buy it”. Then you can start a saving plan for the things they want to acquire.
Giving our children the right response empowers them to believe in their capacity to acquire things. And this serves as building blocks as they grow older and start dealing with their own income and expenses.
4. Do not be afraid to fail, but LEARN from your failures.
There are so many incredible people who failed at first before they succeed. Walt Disney’s first animation company went bankrupt, Michael Jordan was not drafted by the first two NBA teams, Steve Jobs was pushed out of Apple during the early 80’s— but all of these people bounced back from failures.
Talk to your child about the success stories of these people. They will be encouraged to keep on moving and learning.
5. Store treasures in heaven.
“Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also. Matthew 6:19-21
Teach your children to invest on immaterial things more than material ones. They will learn to invest in relationships when they see their parents do the same. They will learn to invest in what is good for the heart if their parents do the same. Because at the end of the day, how rich we are or how poor we are is determined by the condition of our hearts.
Do you have a poor mindset or a rich mindset?