Scarcity Mindset & Investing
She's On The Money
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Is There a Scarcity Mindset?
When it came to money, I was really scarce. You're not just an abundant person or you're not just a scarcity person. You could be abundant in every other aspect of your life. It can kind of cut and paste different areas around. So the last thing before you ask another question, I do apologize, is people with an abundant mindset, they often think big and like to embrace risk. They go, ah, I could lose all my money. And that's often because they don't fully comprehend what that risk means. But someone who has more of a scarcity mindset sees that risk return trade-off as unacceptable.
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