An abundance mindset isn’t just about thinking positively—it’s about breaking free from the habits and beliefs that keep us stuck in scarcity. In this post, we’ll explore five things people with an abundance mindset don’t do, offering practical insights to help you shift your perspective and live a life filled with possibilities, gratitude, and growth.
What Is an Abundance Mindset?
An abundance mindset, a concept popularized by Stephen Covey in The 7 Habits of Highly Effective People, is the belief that there are enough resources and opportunities for everyone. It stands in stark contrast to a scarcity mindset, which sees life as a zero-sum game—where someone else’s success must come at your expense. An abundance mentality focuses on possibilities, positive outcomes, and sharing, rather than fearing loss or competition.
For example, rather than worrying about not having enough money to meet their goals, someone with an abundance mindset looks for creative ways to achieve financial success while practicing gratitude for what they already have. Cultivating this mindset plays a significant role in creating a more fulfilling, prosperous life, fostering confidence in one’s abilities, and appreciating the present moment.
The Not-To-Do List
- Get stressed by Black Friday and pressured into sale purchases
People with an abundance mindset don’t let big sales seduce them into buying things they didn’t want. They don’t get stressed by the need to find the best deal or buy as much as possible before prices go up again. They know that good offers will always come their way. Even if something isn’t as cheap as it is right now, it won’t make a significant difference to them. - Being angry over someone stealing ‘their’ idea
So many people get upset about others using ‘their’ idea and turning it into a success. If someone else brought your idea to life before you did, it’s a sign that you didn’t take enough action—and there’s no use complaining about it. People with an abundance mindset know there will always be new ideas to act on. Ideas are not finite. - Pacing themselves for fear of running out of things to do in the future
People with an abundance mindset aren’t scared of running out of ideas. During inspired phases, they create content or try out as many things as possible without worrying that their creativity will run dry. - Mindless spending
Many equate an abundance mindset with mindless spending, but it’s actually the opposite. People with an abundance mindset spend their money intentionally because they know more will come, and they can afford it at the moment. This doesn’t mean buying outrageously expensive things. You can still feel abundant while deciding not to make a particular purchase. Mindless spending, on the other hand, is throwing money around without considering your financial situation. - Spend money to prove they are feeling abundant
It can be difficult to develop an abundance mindset when you’re used to a scarcity mindset. Often, people think they need to make scary purchases to ‘prove’ their abundance. However, a true feeling of abundance is effortless. You can feel abundant while living a simple, frugal lifestyle. Abundance means letting money go where you genuinely want to spend it, not out of fear or to project an image. For example, if you truly want that personal development course and have the savings to spare, go for it. But don’t force yourself to buy a designer handbag simply because you think that’s what an abundant person would do.
Developing an abundance mindset doesn’t happen overnight—it’s a journey. By letting go of scarcity-driven behaviors, you open the door to a life filled with opportunities, growth, and a positive attitude. Remember, the first step is shifting your focus from what you lack to what you already have. Whether it’s in your finances, relationships, or personal development, adopting an attitude of abundance will help you thrive, one small change at a time. Start practicing today, and watch how it transforms your life.