How To Raise Your Financial Thermostat For Greater Wealth Potential

As a high-achieving individual, you’re most likely used to hard work. However, despite your financial success, maybe you’re not seeing your money grow as fast as you’d like. 

 Maybe you’re realizing there may be a deeper reason to why your money isn’t growing – deeper than “I need to work more…”

Yep, you’re right. Some old unconscious beliefs might still be haunting you and holding you back. This barrier is your financial thermostat, an internal setting that directly influences your perception of your financial worth and capabilities. 

So what is a “financial thermostat”? It’s the set point or comfort level that someone has with money which regulates much money someone feels comfortable earning, saving, and spending. If your wealth exceeds or falls below this set point, you might unconsciously adjust your behavior to return to a familiar financial comfort zone.

Just like a physical thermostat regulates the temperature in your home, your financial thermostat has an impact on your financial reality.

If your financial thermostat is set too low, it can keep you stuck in a cycle of financial scarcity, preventing you from creating the life you envision or fully tapping into the potential you know is in you.

The good news is that you can raise your financial thermostat, let go of limiting beliefs, and unlock your true financial potential.

Here are some actionable steps that seek to elevate your money mindset and attract greater financial success:

1. Identify and Challenge Your Limiting Beliefs

The first step towards raising your financial thermostat is to identify the limiting beliefs that are holding you back. These beliefs might sound like:

“I don’t have enough time to work on my finances”

“Money isn’t important to me”

“I’ll find a way to pay this debt off sometime in the future”

“I make enough. I really don’t want to work harder for more”

“I’m not great with money or investing, so I’ll just stay out of that” 

“I feel like I’m not growing in my career but I’ve been at my job for so long that I’m afraid to leave”

“More money, more problems”

“I have a family to support, I can’t take risks” 

These beliefs, often formed from past experiences or societal conditioning, have the potential to create a self-fulfilling prophecy. They limit your actions and prevent you from exploring new opportunities and expanding your confidence enough to create your financial freedom..

To challenge these limiting beliefs, question their validity and ask yourself if they are truly serving you. 

Are they aligned with your long-term goals and aspirations? 

Or are they preventing you from achieving your full potential?

Would I want my kids telling themselves these things? Am I teaching them that example?

Are they truly based in fact

Am I settling out of fear or am I truly fulfilled with living this life exactly as it is for the next 30 years?

2. Expand Your Financial Knowledge

While you may have achieved financial stability, there’s always more to learn about wealth creation and management. Part of feeling confident about money is taking the time to learn more. Money doesn’t have to be boring! It gets pretty damn exciting when you have a lot of it and can do what you want, when you want. 

Watch videos, podcasts, read finance books, and work with a financial advisor or money coach to help you make your journey more interesting!! Engage with experts that make investing and money less intimidating. 

3. Analyze Your Surroundings

Your network is a direct indicator of how you see yourself. If you want financial freedom for yourself and your family, but everyone around you is worried about the now, 

you’re not surrounding yourself with people pushing you to be financially free. You deserve people in your life that understand your dedication and commitment to your life visions and can provide insight and support 

Engage with mentors, join mastermind groups, and connect with successful entrepreneurs or investors who can inspire you to reach new heights.

4. Embrace Continuous Growth and Self-Improvement

A high financial thermostat requires a growth mindset. Never settle for complacency; always seek opportunities to learn, grow, and improve yourself.

You also have to make sure you haven’t linked wealth to anything negative. Your morals, ethics and values need to be aligned with how you’re handling money. 

Attend workshops, take online courses, pursue certifications, and explore new skills that can enhance your career prospects and expand your financial opportunities.

5. Step Out of Your Comfort Zone and Embrace Risk

Significant financial growth often lies beyond your comfort zone. Don’t be afraid to take calculated risks, pursue new ventures, and explore uncharted territories.

Calculated risks can lead to groundbreaking discoveries, innovative ideas, and substantial wealth creation.

6. Visualize Your Financial Success

Sorry to break it to you, but if you’ve convinced yourself visualization, manifestation whatever you want to call it- isn’t real, it’s time to throw out another limited belief. 

1 Found by Thomas C. Corley, who spent 5 years researching the daily habits of 177 self-made millionaires.

See yourself living in abundance, enjoying financial freedom, and making a positive impact on the world. Visualization helps to imprint these goals into your subconscious mind, increasing the likelihood of achieving them.

Before you say “Okay, cool but why would I want to do this?”

Start asking yourself why not? Why wouldn’t you want to take time to challenge yourself into doing something you may be uncomfortable with, if it means it could positively impact your life. That’s how millionaires think. 

7. Reward Yourself – It’s Required 

Part of increasing your financial thermostat means positive reinforcement. Remember the gold stars your teachers gave you when you did well on a test? I loved those damn stars! There is still a kid inside of us and that kid loves positive reinforcement. 

Reward yourself for reaching milestones, taking calculated risks, and expanding your financial knowledge.

If you need help in your finances, visit and set up a free 20 minute consultation

  1.  Loudenback, T. (n.d.). 17 habits of self-made millionaires, from a man who spent 5 years studying rich people. Business Insider. ↩︎

** The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. Investing includes risks, including fluctuating prices and loss of principal. No strategy assures success or protects against loss.

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