Defeating a Deprivation Mindset With Gratitude

Recall for a moment your college or days or the time you first struck out on your own, with a shoestring budget yet a treasure trove of fun and laughter. Money was scarce, but somehow, it never stopped the adventures. It’s a mindset that celebrated every little victory: gratitude for a second-hand textbook score or that tiny but triumphant raise at a part-time job. And remember how you enjoyed pleasures that didn’t cost a thing like a walk on the beach or just hanging out with good friends. Yet somehow as we journey the path of adulthood, our perspective often starts to change — and it becomes more about what we don’t have, comparing ourselves with the neighbors, and what we want tomorrow instead of what we already have today.

Focus Shapes Our Financial Experience

What you focus on expands in your consciousness. If your eyes are always on the glossy catalogs pages of unattainable luxuries — or social media flex culture — feelings of deprivation tend to grow. But you can learn to paint your financial journey in a brighter light simply by changing your perspective.

Tips for Cultivating a Gratitude Mindset

Start filling your glass with these small, but meaningful changes:

Celebrate Small Wins. Just as you did in your leaner years, take time to celebrate the small financial victories. Paying off a small debt, saving a little extra, or even opting for a home-cooked meal over dining out. These are all pride-worthy progress points.

Budget in Joy. Approach your budget with the intention to see it as a tool for achieving your goals, not a restraint. Allocate funds for savings, necessities, and a bit of fun. Yes, fun! A budget that includes occasional treats becomes a joy to stick to rather than a chore.

Mindful Spending. Before making a purchase, pause and reflect on its value in your life. Is it something you need, something that will bring joy or an impulse buy you might regret? More mindful spending increases satisfaction with the purchases you do make.

Gratitude Journaling. Keep a financial gratitude journal. Each day, jot down three things you’re grateful for in your life: a delicious cup of coffee, a game of fetch with Fido or taking in a beautiful sunset. This can shift your perspective from scarcity to abundance.

Set Realistic Goals. Aim for realistic financial goals that don’t stretch you too thin. Goals should be challenging, yet achievable. Each reached goal is a step forward and reinforces a positive outlook on your financial capabilities.

Redefining Rich

Real wealth and financial wellness isn’t just about accumulating more; it’s about appreciating what you already have. Shift the focus from deprivation to gratitude and grow richer by the day.