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Updated 6 months ago, 06/05/2024

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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
13,733
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5,439
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LIMITING BELIEFS: Which ones have you struggled with?

Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
Posted

I was raised in poverty. The kind of thing you only really see in America today in families with trauma and mental-health issues, traditionally where the pop refuses to get help and the mom refuses to stop enabling him. A big part of this was the belief that there simply wasn't any way out of the situation I was in except maybe a very narrow educational out to the middle class.

The first rule of life for me was to HAVE RICH PARENTS. If you broke that first rule, well...what could you expect?

I never thought I would someday laugh at this idea, as I do now. And that educational out, you know, where you get a degree that offers you upward job mobility, where you move into a big house, and you drive an expensive, late-model car? I know that can be a trap for many now, because, to put the shame of their impoverished pasts behind them, they take on oversized mortgages and car payments and loads of lifestyle expenses that keep them living paycheck to paycheck forever.

What have you had to unlearn along the way to achieving your own goals? What limiting beliefs surprise you the most when you see them in others?

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