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UPLift Challenge – Financial Mindset – Week Two

At its most basic, money mindset is a beliefs pendulum, with scarcity on one side and abundance on the other. Most of us gravitate closer to one side than the other, with the occasional swing in the opposite direction. These swings tend to be temporary, and we end up back to what feels “normal” for us.

Simply put, If we believe mostly in scarcity, then when our life brings us periods of abundance, we’ll see that as a glitch and behave in ways that take us back to our comfort zone: scarcity. If we believe mostly in abundance, we’ll see times of scarcity as temporary setbacks and make our way pretty quickly back to a place of abundance.

A useful way to understand this is in terms of a subconscious set point. The set point theory was developed in 1982 by researchers trying to understand why people who lose weight tend to gain it back again. Because the concept is so helpful, and borne out by research, it has been applied to other areas of life, including finance, success, and even happiness. 

The basic concept goes like this: because of our unconscious beliefs (which you started to get a handle on in Week One of this challenge), we set up our lives so that we experience them within two poles: an upper limit and a lower limit. As long as we stay within those limits, we’re in our comfort zones. 

This is why, for instance, people who suddenly get big windfalls, like winning the lottery or inheriting a lot of money, tend to spend it all within a few years and end up right back where they started from.

The good news is that you can change your money set point. But first you have to become aware of it. This week, we’ll show you how.


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What Detroit Poverty Really Looks Like – My Story

My name is Achsha Jones, I’m a thirty-eight-year-old “Xennial” (Gen X/Millennial cusp), native and current Detroiter. This is #MyRenaFiStory. I have two daughters, twelve and six, and a fifteen-year-old stepson. In the last decade, I’ve filed for bankruptcy and divorce, remarried, had another child, changed careers twice, purchased a home and went broke. Telling the story of how my upbringing and experiences of almost four decades have brought me to my present state is complicated and lengthy so I’ll give you the Readers’ Digest version.

Growing up in 80s Detroit, I saw a lot; the city was heavily segregated and losing thousands of residents every year. There was an annual tradition of massive arson lasting up to a week that would begin on “Devil’s Night”, the night before Halloween where hundreds of buildings were set ablaze.


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