Money Mindset: Scarcity vs Abundance

On Monday, we talk Money.



Agriculture, or agriculture as I know it, flows in cycles. We will have good years where the cash flow is more abundant and we will have years with less dollars. The idea has always been to save the money from the good years to cover the hard years. Pay ahead on investments in the good years to give more room to breathe on the years with less.


The idea is scarcity.


We operate with projections and yet at the same time multiple factors out of our control creating the perfect storm to have our income vary year over year, sometimes greatly.


Whereas, in a world of abundance, there will always be enough. In fact, there can be excess.


I’m still early in my money mindset journey and trying to apply the concept to an industry remarkably different from most of the situations these books describe. I don’t have it all figured out yet, but there is something here.


Perhaps, you think it’s a little (or a lot) woohoo! I’m finding it’s reinforcing my eternal optimism and quest to find the opportunity in every single situation. It’s keeping my trust strong that we will be provided for; granted, I believe I have been given the tools to make it happen. This mindset is helping me get out of my own way, truly.


What do you think? Is abundance possible in agriculture?


We all use money. We should talk about money and share what works for us so that we can all grow our net worth.



BOOK RECOMMENDATIONS

This was my first mindset book. The book that started my self-awareness/self-improvement journey. Fair warning: The language is colorful!

You Are a Badass: How to Stop Doubting Your Greatness and Start Living an Awesome Life

https://amzn.to/3lPsi1n


Currently in this book. So many lines, I feel compelled to highlight. Again, the language is colorful!

Rich as F*ck

https://amzn.to/3pbzcjG


This is next on my list!

You Are a Badass at Making Money: Master the Mindset of Wealth

https://amzn.to/3pgjq7f



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