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Tips on Changing Your Scarcity Mindset – Tom Wheelwright & Michael Easter

The WealthAbility Show #152: Balancing personal development and the growth of our business is key for successful entrepreneurship. Is it possible to have it all, or is it possible to live a more abundant life with less? In this episode, Michael Easter joins Tom in exploring how the scarcity mindset predominantly manifests in our lives in this current society, and how we can shift our focus to an abundance mindset to live a fully meaningful life by focusing on what is most important. Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com/ 00:00 – Intro 04:45 – What causes people to seek pleasure in times of scarcity? 11:09 – What is the scarcity loop and its three properties? 13:00 – How do you break out of the scarcity loop? Is overregulation or the individual the answer? 19:05 – What are scarcity cues? How are our emotions triggered to buy more? 22:22 – When is “enough” enough? What is “gap and the gain”? 27:00 – How do you evaluate within yourself that it’s time to change your own mindset? Are you “addicted” to the accumulation of wealth? 32:40 – 3 Steps to Get to an Abundance Mindset Looking for more on Michael Easter? Website: www.eastermichael.com Books: “Scarcity Brain” & “The Comfort Crisis” Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax. https://wealthability.com/tom/ ********************************** PODCAST: WealthAbility® For CPAs ********************************** Listen & Subscribe on iTunes, Stitcher & Spotify! https://wealthability.com/thenetwork/ YouTube Playlist    • WealthAbility® For CPAs Podcast   ********************************** Resources ********************************** Tom’s Book: Tax-Free Wealth https://taxfreewealthbook.com Visit WealthAbility® https://wealthability.com/ Sign up for Tom’s Free Weekly Report https://wealthability.com/getreport/ Schedule A Call With My Team https://wealthability.com/schedulecall/ *********************************** Social Media *********************************** Facebook (Tom Wheelwright)   / tom.wheelwright.cpa   Facebook (WealthAbility®)   / 4wealthability   Facebook(Tax-Free Wealth Book)   / taxfreewealthbook   Twitter (WealthAbility®)   / wealthability   Instagram (WealthAbility®)   / wealthability_now   DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.