This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
Limited thinking keeps your bank accounts limited
I challenge by often responding with, “I don’t know” or “I don’t recall” because I genuinely don’t.
People get so concerned about the cost of things and don’t realize if they continue this behavior, they will always be defeated by the dollar.
The one thing I observe about these people is a few things. They:
Are usually broke or financially struggling
Maintain limited thinking about money
Earn average income
Some people’s finances will always stay the same because they struggle to expand their mindsets; their thinking is very small, preventing them from breaking new financial barriers.
There are usually two types of people regarding purchases:
The ones who frequently ask, “How much does that cost?”
The ones who pay without investing much energy into the cost.
Which one are you?
Something I frequently forced myself to do – especially when I was younger – was not focusing on the cost of something but on how I could obtain it without worry.
Most people focus on how much something costs.
Few people focus on seeking the avenue to create ideal financial circumstances that will allow the purchase to happen without going into debt.
It’s easier to find a way to finance a purchase. Creating more income requires more intentional thought, so you can stop thinking so heavily about the cost of things.
My approach to purchases
If you need something, be able to buy it without breaking a sweat. If you can’t do this, it’s time to shift your financial situation.
Notice I said if you need it.
Most of us DON’T NEED a brand-new car, phone, pair of shoes, a bigger house, or a new outfit.
But some of us DO NEED new tires, organic vegetables, and to fix the water leak.
Recently I saw a woman who bought a genuine name-brand bag decline the opportunity to get her car fixed.
When the mechanic told her there was a dire problem with her car, she asked how much it cost to fix it.
The cost was $120.
And she quickly declined the service after the mechanic mentioned the price.
Her car safety may be jeopardized, but at least she has a nice bag, right?
She’s not the only one with misaligned financial priorities. Many of us have found ourselves in similar situations because we place value on the wrong priorities.
Prices Will Continue Going Up
Stop complaining about inflation and rising prices; this is inevitable economic behavior.
What’s not inevitable is financial adaptation.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.