Money Mindset Journal Prompts for Money Confidence

Money journaling is a great way to build money confidence and money mindset journal prompts are a great starting point for somebody completely new to the practice.

If you are someone who is new to the idea let’s take a look at what money journaling is, how you do it and some prompts to get you started.

What is Money Journaling?

You might be familiar with the act of journaling and aware of it’s associated benefits; but how much do you know about money journaling?

Perhaps you’ve heard the terms ‘manifestation‘ and ‘abundance‘ and associate money journaling with the law of attraction.

It can be used in manifestation – absolutely, but if that isn’t your bag don’t write off money journaling completely.

Money journaling has an array of benefits.

Not only can it help you understand your relationship with money better, it can help you to unpick your money blocks, reduce money anxiety and boost your money confidence.

How Can I Uplevel My Money Mindset?

Money mindset is an important part of managing your finances that is often overlooked.

We think of taking control of our money in terms of creating a budget, paying off debt, saving money and side hustles etc.

And whilst all those things are key components in money management, money mindset is just as critical.

We can have the snazziest, whizziest excel spreadsheet going to showcase our incomings and outgoings – but if we are overspending, or self sabotaging our finances and not unpicking the reasons why then that budget is pretty much redundant.

To uplevel our money mindset, we need to create space for working on it – just like we might set aside time each month to create our budget.

There are lots of ways you can improve your money mindset – consuming positive educational money content on our social media feeds, reading books about money and psychology, listening to podcasts…

But none of those things are practical exercises that make us examine our own personal relationship with money.

And that is why money journaling is such a great way to uplevel your money mindset.

You might also enjoy…Money Mindset: what is it and what can you do about it

About Money Mindset Journaling

So you’ve committed to giving money journaling a go… what next?

There are no hard and fast rules about how you journal, and the same goes for money journaling.

If you want to take 10 minutes at the end of the day to reflect on what you spent and the emotions you were feeling – that’s great. A perfect way to gain insight into your relationship with money.

But if you’re feeling a bit stuck and not sure how to get started,  then perhaps some of these money mindset journal prompts will help get you on your way.

How to Use Money Mindset Journal Prompts

Grab a hot drink, a pen and a notebook and a quiet space and write down whatever comes to mind when you read these prompts.

You could even write in the notes section on your phone when you’re on the train or bus to work.

You can go through each of these prompts one-by-one. Or maybe you’ll make it a monthly exercise to use the same prompts and see how your journal differs from last time.

Basically, anything goes.

Use these prompts in a way that feels good to you or as a starting point to develop your own money mindset journal prompts.

It doesn’t matter how you do it, where you do it or when you do it.

The benefits come just from taking the time to give it a go and from listening to that inner money monologue.

Money Mindset Journal Prompts

A great place to start with money mindset journaling, is to examine our past relationship with money to help us understand why we feel the way we do about money and how we can overcome our limiting money beliefs.

Money Mindset Journal Prompts to Unpick Your Money Beliefs

1. What is your earliest memory of money?

2. How would you describe your parent’s/brother’s/sister’s/grandparent’s relationship with money?

3. Were conversations around money a regular thing during your childhood? How was it spoken about?

4. What was your approach to money when you first began earning it?

5. What word would you use to describe your money approach? Why?

6. What is something that you tell yourself about your relationship with money? (e.g. I’m good/bad with money. I can/can’t manage my money well.) Why do you believe this to be true?

7. Does talking about money make you feel positive or negative emotions? Why?

8. What was the best piece of money advice you’ve ever been given?

9. What money memory do you think still affects how you feel about your money situation today?

10. How do you want your kids to feel about money?

It’s also important not to focus too much on the negatives and where we are going wrong with our money.

Understanding our limiting beliefs and the ways in which our history affects our money mindset in the present is of course essential to improving our money mindset.

But it’s also necessary to focus on the positive and build ourselves up so that we feel confident in taking control of our money situation.

Money Mindset Journal Prompts to Build Your Money Confidence

1. Think about a financial mistake you’ve made in the past, what did you learn from it?

2. Think about your money situation now compared to 1/3/5 years ago, what progress have you made?

3. Think about your money situation over the last 1/3/5 years, what are you proud of?

4. List 5 financial wins you’ve had recently. It doesn’t matter if they’re huge achievements or little wins. Write them down.

5. Name something positive about your relationship with money. (e.g. I am good at living within my means, I am good at recognising a mistake and moving forward, I am good at identifying my weaknesses. I am building strong financial habits.) 

6. Think of a time you set and achieved a money related goal. Write about it. What was it? How did you do it? How did that make you feel?

7. What is the best piece of advice you could give to someone starting out learning about their finances?

8. Picture yourself in 1/3/5 years time, how do you feel about money? What positive words would you use to describe future you and your money mindset?

9. Think of your limiting money beliefs (e.g. I’m bad with money), how can you reframe those thoughts into something more positive? (e.g. I’m taking action to improve my relationship with money).

10. Think of somebody whose money mindset you admire. What are the traits that appeal to you? Now write those traits down into positive affirmations about yourself.I am disciplined.I am motivated.I am successful.I am positive.I can achieve the goals I set for myself.Now keep this list to read out loud when you need a positivity boost.

Other Ways to Improve Your Money Mindset

• If you find it hard to get started working alone, maybe a money mindset coach could help? Read this post to find out more: Why Work With a Money Mindset Coach?
• We mentioned earlier about reading books about money, here are The Best Financial Books for Beginners
• If journalling seems too intimidating, how about practising some positive money affirmations? 51 Affirmations for Money | Rewire Your Money Mindset