9 Research-Backed Strategies for a Robust Money Abundance Mindset

Visualisation is something I never used to take seriously.

I’d always think, "How can just imagining more money make it appear in my bank account?" But the truth is, when I started practicing it daily, everything shifted. 

Visualising abundance isn’t just about seeing dollar signs in your mind—it’s about changing your money mindset and how you feel about wealth. I realized that every time I imagined hitting my financial goals, like that fully-funded savings account or finally saving enough for my dream home, I felt more confident that I could actually make it happen.

Research backs this up too.

One study showed that people those who visualise their goals are twice as likely to feel confident in achieving them compared to those who don’t. People who visualise also report lower levels of financial anxiety and a higher sense of accomplishment overall​. That blew my mind. If you're like me, skeptical at first, I challenge you to try it.

Take a few minutes in the morning to sit with your thoughts. Picture financial abundance, see yourself making wise financial choices, hitting those financial goals like a pro, and most importantly, feel what it’s like to have financial freedom. It really starts to shape your attitude and trickle into your daily life.

I used to have some serious limiting beliefs about money. Things like, "I’ll never have enough money" or "I’m just not good at managing my finances." Sound familiar? These thoughts, whether we realise it or not, are what keeps us stuck. They form a scarcity mentality, making us feel like wealth and abundance are for other people, not for us.

But here's the good part: you can reframe those beliefs.

Cognitive reframing is a simple concept, but it has huge effects on your money mindset. I started by identifying the limiting thoughts I had. When I found myself saying, "I’ll never afford a new car," I stopped and asked, "Why do I believe this?" Usually, these thoughts come from past experiences, maybe a bad financial decision, or even how we were raised. Once you recognise that, you can start to rewire them.

One exercise that worked wonders was writing down my negative attitude toward money and replacing it with a positive outlook. 

So, instead of saying, "I don’t have the ability to manage money," write, "I am learning how to improve my financial situation every day." You see, when you start to challenge your money beliefs, you're freeing yourself from the scarcity trap and opening up to limitless possibilities.

I used to think gratitude was just for feel-good moments like when someone buys you a coffee or you find a $20 bill in an old coat pocket. But I’ve learned that practicing gratitude regularly is key to growing a true abundance mindset.

It’s not just about feeling thankful for what you have, it’s about creating an energy of abundance that shifts your entire perspective on wealth.

It’s been said that you are the average of the five people you spend the most time with. I didn’t believe this until I realised that my financial life was influenced by those around me. If everyone in your circle is stuck in a scarcity mentality, it’s hard to break out and build an abundance mindset. I had friends who would constantly talk about how they "felt broke," and it definitely influenced me.

So, I decided to change my environment. I started surrounding myself with people who were focused on financial growth and building wealth. These weren’t necessarily millionaires (though that wouldn’t hurt!), but people who had a positive and unconventional mindset about money.

They were saving, investing, and setting goals. And that made me want to do the same.

Research shows that your social environment can impact your financial well-being more than you think. If you’re hanging out with people who are always stressed about money, you’ll likely feel the same.

Instead, try building a community of people who practice spending money wisely, focus on financial freedom, and share tips about building net worth. You’d be surprised at how much your mindset can shift just by being in a wealthy environment.

When I first started on my financial journey, I used to wonder why my money mindset wasn't improving, even though I was trying to think positively about financial abundance.

Then, it hit me: it wasn’t just about thinking differently; it was about acting differently. That’s where positive money habits come into play. If you're not aligning your actions with your mindset, it’s like trying to fill a leaking bucket.

I used to roll my eyes at the idea of affirmations. I thought, “How can just saying words out loud really change my financial situation?” But when I started consistently using them, I saw a shift not only in my mindset, but also in my financial approach.

Affirmations help rewire our brains, and over time, they replace that inner voice of doubt with one that empowers us to believe we deserve financial abundance.

The science is clear: affirmations work by reinforcing positive influences and slowly dissolving limiting beliefs.

In fact, research shows that repeating positive statements daily can create new neural pathways in your brain, helping you adopt a more abundance mindset. I started small, repeating things like, “I attract more money every day,” or “I have the ability to create financial freedom.” At first, I felt silly, but as I stuck with it, I noticed a boost in my confidence.

Want to give it a shot? Start by crafting affirmations that reflect your specific financial goals. Try things like, “I am worthy of having enough money,” or “My financial well-being improves every day.” Say them out loud in the morning or before bed—whenever you can focus on the words. Over time, you’ll notice a shift in how you view money and how you handle your financial life.

For the longest time, I avoided learning about money. I figured as long as I was earning, saving, and paying my bills, I didn’t need to dive deeper into things like investments or long-term financial planning. 

But once I started investing in my financial education, my entire perspective shifted. It wasn’t just about making more money—it was about feeling empowered and in control of my financial future.

Mindfulness isn’t just for meditation retreats; it can change your financial life too. For years, I found myself making impulsive decisions when it came to spending money—it was like I’d get stressed, and before I knew it, I’d blown through my budget. Then I learned about mindfulness and how it can help you pause, reflect, and make more thoughtful choices with your finances.

Research shows that practicing mindfulness reduces stress and helps you stay present, which is essential for managing your money mindset. Instead of reacting out of fear or a scarcity mentality, mindfulness encourages you to see the big picture. 

I started small by taking a few deep breaths before making any financial decision, whether it was buying something online or deciding how much to save each month. This little pause made me feel more in control, and soon enough, I noticed that my spending habits had improved.

To incorporate mindfulness into your financial routine, try checking in with yourself before you spend money. Ask, “Do I really need this?” or “How will this purchase affect my financial goals?” This practice will help you stay focused on the long-term and embrace an abundance mentality in your daily life.

I used to break down every time I hit a financial roadblock. Whether it was an unexpected car repair or an investment that didn’t pan out, my mindset would spiral into negativity. I’d think, “Why can’t I catch a break?” But then I realised that setbacks are just part of the journey, and building a resilient abundance mindset was the key to bouncing back stronger.

The concept of resilience is all about how you respond to challenges. It’s not just about maintaining a positive mindset when things are going well, but about staying focused on financial abundance even when things go south. One thing I’ve learned is that the ability to recover quickly from financial setbacks is what separates those who thrive from those who stay stuck in a scarcity mindset.

How to build resilience:

Get started by creating a financial plan with a safety net—an emergency fund to cover those unpredictable expenses. Knowing I had that solid foundation in place helped me stay calm when things went wrong. 

I also started looking at failures as learning experiences, rather than reasons to give up. With each setback, I adjusted my strategy and kept pushing forward toward my financial goals.

If you want to strengthen your own resilience, remember: setbacks are temporary, but your vision for financial growth is long-term. Keep practicing gratitude, focus on what’s working, and trust that the actions you’re taking will lead to lasting financial success.