Overcoming a Scarcity Mindset

By: Dr Carla Kesrouani June 21, 2023 no comments

Overcoming a Scarcity Mindset

Scarcity thinking – the belief that resources are limited – can cause stress, anxiety and hold us back. But psychology offers tools to break free from this restrictive mindset.

Identifying Irrational Thoughts

First, identify scarcity thoughts as cognitive distortions. From a psychological standpoint, they stem from irrational beliefs rather than reality.

Examples of irrational thoughts include:”There’s never enough”,”I don’t deserve more” and “If I have more, others will have less.”

Recognizing these thoughts as distortions helps detach from their emotional charge and validity. You realize that this thinking does not reflect objective truth.

Challenging Unhelpful Thoughts

Next, challenge scarcity thoughts by questioning their logic and evidence. Some questions to consider:

  • What evidence do I have that resources are actually limited for me?
  • Am I confusing wants with needs in thinking I don’t have enough?
  • How many times have similar fears about not having enough actually come true?

Seeing that scarcity thoughts lack rational support weakens their power over you. You learn to dismiss them more readily.

Focusing on Abundance

Furthermore, adopt a lens of abundance rather than scarcity. Make a list of things you already have enough of – from basic needs met tolove, family and skills.

Reflecting on current blessings retrains your mind to notice opportunities rather than deficiencies. It shifts your perspective from one of lack to one of fulfillment.

Taking Small Actions

Additionally, take baby steps that help prove scarcity thoughts wrong. Even actions as simple as:

  • Investing $50 in a hobby
  • Treating yourself without worrying about costs
  • Pursuing a freelance side gig

These small choices show that resources and opportunities are in fact available to you, contradicting irrational scarcity thinking. They build momentum for bolder action.

In summary, addressing a scarcity mindset requires psychological tools like identifying cognitive distortions, challenging unhelpful thoughts rationally, adopting an abundance perspective and taking inspired action. With practice and perseverance, you can learn to dismiss rather than believe scarcity thoughts, freeing yourself from their restrictive influence.

Finally, don’t be shy to ask for help if needed.



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