How do you attract money? You can apply the Law of Attraction trick!

Many of us are familiar with the term Law of Attraction. That is what we need to use when planning to attract money. So what is the thing that is responsible for attracting more money in one’s life? We are going to find out. 

We have a lot of sources these days that trick us into believing that attracting money is something unreal. But that is not the case.

Our bank account will not overflow if we suddenly keep thinking about money. We need to apply practical methods in addition to spiritual practices. 

There are a lot of practical ways that, when implemented, can help you attract money into your life. It is all about the mindset. Keeping a sharp and positive attitude opens many new doors in front of you. These doors will help you manifest your money goals. 

Let us dive into this exciting topic without any further ado. 

How to Attract Money in Your Life?

Yes, it is possible to attract more money in your life. This can be done by changing the mindset and focusing more on the positives.

Being sad and sluggish about the lack of money will not get you anywhere. This will only attract more “lack of money” in your life. 

Implementing new behaviors, eliminating harmful habits, and changing the mindset is very important. These are some of the factors that contribute to the money-making air. 

1. Change your Focus 

Changing your focus is one of the best things you can do when you are trying to attract more money in your life. This will help you in attracting financial freedom with ease.

People tend to focus on the lack of money when they have financial problems. Making your mind spend more time on the lack of money will lead you nowhere. This will attract the “lack” mindset against drawing money. 

Shifting and reprogramming the mindset from lack to enough changes the game. The abundance mindset helps us understand a lot of things more clearly. We get to know that the sources of money are not finite. We can earn from a lot of different ways. 

Being able to think clearly with more positivity gets us one step closer to attracting money. Having this mindset means making our subconscious brain understand that we have enough.

The mindset that we have enough money to buy whatever is needed and required is what changes the game forever. 

Mindset Shapes Financial Strategies

I believe mindset and financial abundance do have an interconnected relationship, but not in the way sometimes promoted by simplistic ‘abundance mindset’ philosophies that imply that just thinking positively is enough to manifest wealth.

While keeping an optimistic, opportunistic frame of mind is valuable, sustainable financial success requires pairing the right mindset with consistent, practical effort and skill development over time.

From my perspective, the role of mindset lies in shaping your beliefs about what’s possible, your relationship to money, and your drive to acquire the requisite knowledge and habits for building wealth responsibly.

Having an empowered mindset allows you to spot opportunities, maintain motivation during setbacks, and persist through the trials of achieving financial goals.

However, mindset alone provides no value without marrying it to education, strategy, and disciplined execution. You need both the mindset fuel and the practical financial competencies to effectively capitalize on ambition.

Brian Meiggs, Founder, My Millennial Guide

Positive Mindset Influences Economic Outcomes

While having the right mindset alone may not be sufficient to attract financial abundance, it undoubtedly plays a crucial role. A positive and growth-oriented mindset can shape our beliefs, behaviors, and actions, ultimately influencing economic outcomes.

A scarcity mindset, characterized by fear, limiting beliefs, and a lack of confidence, can become a self-fulfilling prophecy, hindering our ability to recognize and seize opportunities for wealth creation.

On the other hand, an abundance mindset, rooted in optimism, resilience, and a willingness to learn and adapt, can open doors to new possibilities and empower us to take calculated risks that can lead to financial growth. 

By cultivating an abundance mindset, we become more receptive to innovative ideas, more adept at identifying and leveraging resources, and more willing to persevere through challenges—all contributing to financial success.

Abid Salahi, Co-founder and CEO, FinlyWealth

2. Retrain your Thoughts 

Being grateful for what you have already is the building block in manifesting. It would be best to be thankful for all the little and big things. For example, you need to be grateful for being alive.

The abundance of air you have for breathing is also something to be grateful for. The food you eat, the house you live in, and the clothes you wear are all things to be blessed and thankful for. One must try to shift their mind to this kind of thinking. 

It would be best to focus on the fact that others do not even have what you have. This will automatically make you feel more grateful.

When we are grateful for something, the universe sends us more reasons to be thankful for it. 

Abundance thinking also refers to being able to see the bigger picture. Learn to look beyond the struggles and find new opportunities.

When you focus on the lack, you overlook the bigger picture. But you see the brighter side when you reflect on the possibilities. 

So start training your subconscious mind. Try to make it focus on all the abundance and blessings in life.

3. Spend Time in Increasing Your Financial Literacy

Learn more about money and ways to earn it. Go out of the box when you are thinking something. We don’t need cash for thinking. Come up with innovative thoughts and ideas to help you make more money. 

People generally tend to miss out on a lot of information. Learning about the basics of money will also help us expand our knowledge. Learning about various financial systems is also very helpful. 

Many money podcasts and financial books are available online to help you in this journey. You can also seek help from an experienced person in this case. 

Cultivate Financial Self-Efficacy

My vote goes to financial self-efficacy, which is basically about believing in your ability to make good financial decisions, manage your money effectively, and ultimately, work towards building wealth.

And that’s because simply having knowledge or studying the market isn’t enough, and it never will be. But with financial self-efficacy, you won’t be afraid to budget, invest, or negotiate. You trust yourself to make smart decisions and adapt to challenges along the way.

Whether it’s negotiating a higher salary, starting a business, or investing in stocks, you believe in your capability to navigate these situations effectively.

This confidence is so essential for attracting more money into your life because it shapes your mindset and actions. When you believe in your ability to manage money wisely, you’re more likely to seek out opportunities for growth and take calculated risks.

You won’t shy away from negotiating for a better salary or investing in your education because you trust that you can handle the outcomes, whatever they may be.

Gary Gray, CEO, CouponChief.com

Learn Budgeting and Investment Strategies

In my experience, there are a few key aspects of financial education that are crucial for individuals looking to attract more money into their lives. Firstly, understanding the power of budgeting and saving is essential.

Many people struggle with managing their money effectively, which can hinder their ability to accumulate wealth. By learning how to create and stick to a budget, individuals can better control their spending and save more money for opportunities such as investments or retirement.

Secondly, knowledge of different investment strategies is crucial. There are various ways to invest money, each with its risks and potential returns.

A solid understanding of these options can help individuals make informed decisions about where to put their money and how to diversify their portfolios.

Additionally, financial literacy involves understanding the importance of credit and debt management. Having a good credit score can open up opportunities for low-interest rates and better loan terms, while excessive debt can hinder one’s ability to build wealth.

Individuals need to understand how credit works and how to manage their debt responsibly.

Another crucial aspect of financial education is understanding the power of compounding interest. By investing early and consistently, individuals can take advantage of the compound interest effect and see their money grow over time.

This knowledge can motivate individuals to start saving and investing as soon as possible.

Justin Turner, Founder and CEO, Turner Home Team

4. Speak Positively About Money

It may sound lame, but speaking well about money will also help you attract it to your life. This is one of the easiest ways to have a money-attracting mindset.

Saying, “I will never be able to afford that,” or “That is too expensive for me,” refers to speaking negatively about money. This will make sure that you stay in the lack mentally for a long time. 

We understand that saying these things might be appropriate at that moment. But this is also one of the primary reasons for the lack. This is going to stand as a hurdle in the process of attracting more money. 

Though this feels unrealistic, changing the thinking approach will help in the long run.

We need to stop complaining and ask questions instead. These questions include, “Why am I lacking money?” or “What can I do to earn more?” 

Having these conversations with yourself will help you move forward with money. 

5. Learn the Benefits of Money 

There are a lot of benefits when it comes to money. Having enough money helps us to do a lot of things in life. It helps us to buy all our essentials. It also allows us to fulfil all our dreams and desires.

Besides, having enough money will also relieve us from all the stress of the lack of funds. 

There is always a need to appreciate money. Small gestures like saying thank you whenever you receive money can help in the long run. No matter how small the amount is, saying thank you even when you receive money is a good practice.

You can be grateful for suddenly finding money in your pockets or somewhere unusual. These little practises will help you to attract more money into your life. 

Being grateful is always said to be one of the most significant ways to earn more blessings in your life. 

6. Positivity of the Surrounding 

The positivity of the surroundings also matters when it comes to making money. The more you surround yourself with like-minded people, the more the chances of attracting money increase.

Always surround yourself with people who speak positively about money. People who constantly encourage you and find new ways of earning money. 

We often get a brain freeze when we think of earning more by being in the lack state. This is when the help of these people comes in. 

Being around this kind of person will positively affect your mindset. You will be able to focus on the good things related to money. 

They will also be able to help you find new techniques to increase your cash flow.

7. Take Action to Attract Money 

Taking action is the most important thing when it comes to attracting money. Ideally, sitting and not doing anything will never make your bank account overflow. When you already have a money-attracting environment, taking action will get easier. 

It would be best to take inspired action to make your manifestation come to life. We agree that visualizing helps attract, but nothing can be achieved without inspired action. 

It would be best to know how much you want to receive. Having a fixed number in your mind will help you in this process.

You first need to calculate all the money that you are already earning. Doing this will help your brain understand you are capable of attracting money. Then, you can figure out how to attract and make the remaining amount. 

8. Select a Side Hustle 

Before this topic, all we did was talk about changing the mindset. This is because it plays a significant role in attracting more money in your life.

But, in the 3D world, attracting money requires a source in addition to the mindset. This is where selecting a side hustle comes in. 

You might have different skills that you are still not aware of. Invest time in yourself and discover the skills you can excel at. 

You can then use these skills to choose a side hustle and earn money there. There are a lot of different kinds of side hustles available these days. You can look for them online as well. 

Doing a bit of research before diving into this is suggested. 

Identify Expertise and Exercise Patience

I can give an example because I did a side project of the same nature while I was a college student. I registered with Medium as a partner. I thought it would be a great idea to start writing about my love of reading.

It was a little challenging at first to make even a single dollar. I’ve written articles on a variety of topics, including computing, money, self-help, and philosophy. 

However, my meager income never stopped me from writing, and I continued to do so each month. Knowing what your area of expertise is should be your first piece of guidance.

What abilities, methods, approaches, etc., do you have that give you an edge? What background, education, or experience do you have with the idea or product in question? 

Knowing this will enable you to produce goods that will provide you with a competitive edge. After that, all you need to do is get started and exercise a lot of patience. All of this will pay off in the end.

Kartik Ahuja, Digital Marketer, kartikahuja.com

Choose Complementary Side Hustles

As a recruiter, I can often spot candidates who have a side hustle before they inform me. They’re distracted and have trouble focusing fully on the task at hand.

So I caution people to choose their side hustle carefully. One you enjoy too much can be a problem, especially if it doesn’t pay as well as your current position.

While it may not feel as exciting, I recommend choosing a gig that complements your existing career, so you’re making extra cash without risking your employment. In an ideal scenario, you’d be improving your resume by working on a transferable skill.

Linn Atiyeh, CEO, Bemana

Key Takeaways

We now know that the mindset can be vital in attracting money. It is one of the most significant changes we can make daily to attract more cash flow. 

Apart from that, there are also some other things that you need to focus on if you want to attract more money—choosing a side hustle and encouraging yourself to think positively about money. We now know that a positive environment also increases the chances of attracting money. 

If you follow these steps, we are sure you will be able to attract more cash flow in your life. Only make sure to maintain the consistency. 

Guest Author: Saket Kumar

Last Updated on April 18, 2024 by Saket