There is a direct relationship between a scarcity mindset and short-term planning because a scarcity mindset keeps you focused on immediate survival rather than long-term growth (also known as, problem no de finish).
You tend to avoid long-term financial commitments like investing, saving, or business growth because you fear losing the little you have (a.k.a. na who get money de save or invest).
People with a scarcity mindset are constantly worried about running out of money, so you prioritise short-term security (e.g., spending on immediate needs) over long-term investments, aka, na one life I get.
A scarcity mindset often leads to impulse spending because the brain seeks immediate rewards instead of planning for the future, aka, I can’t come and kill myself.
Instead of thinking about how to grow wealth, people with a scarcity mindset focus on not losing money, which limits their ability to take calculated risks that lead to financial success, aka, I no fit shout.
Long-term wealth-building requires delayed gratification (e.g., saving, investing, learning new skills). A scarcity mindset prioritises short-term
To break free from a scarcity mindset, you must shift towards abundance thinking, which includes:
- Focusing on opportunities instead of limitations
- Planning for long-term financial goals
- Investing in skills, assets, and passive income streams
Now you know!
