Category: Mindset

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3 Reason Why Your Surroundings Shape Your Life

I continue coming back to the importance of mindset and how your thoughts shape your life circumstances. You have roughly 50,000 thoughts that go through your mind every day. Many of these thoughts go through your subconscious mind. This begs the question, how can it be possible to think that many thoughts in one day. Great question, so let’s do some exploring.
 
What Shapes Your Thoughts?
This is a complex question and pretty loaded. I am by no means an expert in this field, but I can add my two sense to the question. The people you surround yourself with, the content you consume through social media, and your foundational beliefs are all things that shape your thoughts.
 
How The People You Surround Yourself With Impact You
Have you ever heard the saying, you are the average of the 5 people you surround yourself with? This is exactly why that statement is so true. The people you surround yourself with have an incredible impact on your mindset. When you surround yourself with positive people striving to become better, you will naturally be pulled up by them. When you surround yourself with people who are negative and the victim, you will begin to also be the victim.
 
I continue hearing more and more that you need to surround yourself with people who pull you upwards. One of the biggest gaps I currently have in my life is a true mentor. Someone who is where I want to be in 5 years. I haven’t spent enough time trying to seek out individuals like this. The more I try to seek out and surround myself with individuals with similar mindsets, the easier it will be to stay in a positive growth mindset.
 
My goal is to always be challenging myself to get to the next level of achievement in many aspects of my life. The goal isn’t to solely achieve financially. I have other categories of my life I want to strive in. These include but are not limited to relationships, giving back, and health.
 
How Content You Consume Impacts Your Mindset
First, let’s define content. Content have a very broad context. This includes but is not limited to: social media, what you watch on TV, what commercials or advertisements you consume, who you text daily.
 
Think about it this way. If you consume content that has negative connotation, do you think you will have positive thoughts? My guess would be you wouldn’t. If you follow and consume social media of people who are victims, do you think you will not try to find reasons why you have complete ownership of your life? My guess again would be probably not.
 
What you consume on a daily basis has a great impact on your conscious and subconscious thoughts.
 
Why Foundational Beliefs Impact Your Mindset
Whether you want to believe it or not, you have foundational beliefs that impact your mindset. Foundational beliefs are usually developed when you are young. This doesn’t mean you can’t change your foundational beliefs over time. This only means they exist and you should work to determine what they are.
 
For me, these are a few foundational beliefs I have. Some I am trying to get rid of, and others I am trying to tweak:
  • I worry too much about things I have no control over. I think this comes from my mom and how she has always been high strung on a few things.
  • I am frugal. Again, I think this comes from my Jewish mom.
  • I have a deep work ethic. I believe this comes from both my parents. My dad would always tell me growing up “If you aren’t going to do it right the first time, you might as well not do it at all.”
  • I am overly competitive. This was developed through sports I played as a kid. I was competitive and always wanted to compete at the highest levels as a kid. This has translated into my drive in the professional world to want to be better and work my way up the ranks.
Closing, take a close look and audit your life to understand how these three things impact your mindset. You might be amazed when you start to look around and see what you find.
 
Key Takeaways:
  • You have roughly 50,000 thoughts each day. There is no way for all these thoughts you be conscious. Your subconscious is where most of your thoughts will happen.
  • You are the average of the 5 people you spend the most time around. Find people to look up to and who lift you higher.
  • Be careful about what type of content you are consuming through social media and streaming services. This also has a great impact on your subconscious thoughts.

Don’t forget @TheYoungRetireeBy33’s 3 Core Principles:

1 – Your money should make money for you⠀⠀⠀⠀⠀⠀⠀⠀⠀
2 – Start early to realize the power of compound interest⠀⠀⠀⠀⠀⠀⠀⠀⠀
3 – Eliminate your largest expense by house hacking

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Why You Shouldn’t Judge Others Based Off Behavior Itself

I am currently reading ‘The Speed of Trust – The One Thing That Changes Everything’ by Stephen Covey. Early on in the book he made a point I have heard before but never resonated with me. We judge ourselves by our intentions and others by their behavior.
 
Have you ever thought of how we are sometimes hypocritical with what we think and how we judge others? I can definitely take some ownership and say I have been. There are many times our actions don’t mimic our intention. An outsider looking in wouldn’t understand by looking at the behavior itself.
 
Don’t Be So Quick To Judge Others
There are many times I have made snap judgements about someone based off one behavior I saw from them. Take a step back before judging someone and ask whether their behavior mimics their potential intentions. You might be surprised with the answers you come up with.
 
What I Take Away From This Quote
There are many things that someone can take away from a powerful quote like this. We have over 60,000 thoughts that go through our head over the course of a day. Some of these are positive thoughts and some are negative. Many are judging others based off their behaviors. It is second nature for us to judge others as things happen throughout the course of a day.
 
The main thing I would ask is put more thoughts before judging others. There are many times where you can judge someone for something that is probably way off from their intentions.
 
How This Relates To Social Media
Now to bring it full circle. Social media is something that we have been getting more and more accustomed to. This didn’t even exist 15 years ago and it is wild to see how quickly it has evolved.
 
When scrolling through your feed, it is very easy to make quick judgements on someone after one post you see. Many of the times you judge someone from a post, that judgement is probably not accurate.
 
There are so many incredible accounts and people I have met through my instagram account. While everyone might have a different motive, everyone posts for a certain reason. This reason could be to gain followers, share knowledge, or connect with others trying to do similar things.
 
No one intention is right or wrong. My main goal is to be supportive of all the amazing accounts out there. It wasn’t too long ago where I remember only having 100 followers. It has been a wild journey the last year and I wouldn’t change anything for the world.
 
Heck, my content has evolved over time. From having no idea what the heck I was doing to trying to create a more consistent theme and look. I have learned a ton from some of the amazing accounts out there. I want to always stay true to my core values. My main goal is to try and provide value while sharing all the things I am doing with my investments.
 
If I can motivate one person a month to begin thinking about taking control of their financial future, that is enough for me.
 
Key Takeaways:
  • Don’t be too quick to judge others based solely off their behavior.
  • There are many times your specific behavior doesn’t match your intentions.
  • Give people the benefit of the doubt. 99.9% of people are genuinely good people and have great intentions.

 

Don’t forget @TheYoungRetireeBy33’s 3 Core Principles:

1 – Your money should make money for you⠀⠀⠀⠀⠀⠀⠀⠀⠀
2 – Start early to realize the power of compound interest⠀⠀⠀⠀⠀⠀⠀⠀⠀
3 – Eliminate your largest expense by house hacking

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Are You Giving Your 100% Effort – Find Out By Asking One Question

Are you currently giving 100% effort it is in whatever you do? If you are not sure, here is one simple question you can ask yourself to find out. Look yourself in the mirror and ask, ‘Am I giving 100% effort right now in my life?’.
 
Simple.
 
If you can look into the mirror and you are okay with lying to yourself, my blog isn’t for you. It is important to always be subjective in your self reflection.
 
Why It Is Important To Be Truthful With Yourself
It is very easy to “drift” in this life. Technology and social media are teaching us more and more to forgot about doing things. It is much easier to lay on the couch and turn on Netflix while you are scrolling through your social media feeds. If you want to scroll through social media, at least check my instagram page out here. 
 
No matter where you are in life, and how much effort you are currently putting in, it is important to be honest with yourself. It is fine if you are not giving 100% today, this week, the last moth, or even looking back on your entire life. There is no reason to dwell in the past. It is all about refocusing your mind on the present and the future. There is one truth in life. You can’t buy time and you can’t go back and change things that have already happened. As bad as you may want to, as much money as you could pay, you can’t get time back. No reason to dwell on the past. Focus on the future.
 
Why This One Question Is So Effective
This one question is so impactful because of two things. First, because you are looking yourself in the mirror. It is always more difficult to lie to yourself when you are looking at yourself in the mirror.
 
Second, if you are being truthful with yourself, you will get a great understanding of how your effort has been.
 
Reflecting On The Last Month
When I look at myself in the mirror and ask if I have given 100% effort, here is my honest answer. No. I haven’t given 100% effort in all aspects of my life. There have been a lot of things going on, and I have let a few things slip through the cracks.
 
What I Am Grateful For
Although I know I can give more effort in many areas of my life, here are a few things I am grateful for:
  • Being able to promote three people on my team. There is nothing more satisfying than getting to see individuals grow and getting to pay them more.
  • All the amazing connections I have been able to make through my IG account and blog. I had the opportunity to meet a few people in person in January, and that was amazing.
  • Getting the opportunity to be on my second podcast! I am interested to hear how the interview turns up. There was so much we talked about in a very short amount of time.
  • All the amazing guests I have had at my Airbnb property in Orlando. Last month was a very good month from a financial standpoint. I am looking forward to sharing the numbers soon!
  • Continuing to have all three rooms in my house hack rented out to long term tenants. All young professionals and this investment has continued to be a great jump into real estate.
 
What I Can Give More Effort To
Here are some of the things I can continue to grow and get better at:
  • My regular day job. There have been a lot of changes within my companies leadership which has left a few things for my role up in the air. As things settle down, I am looking forward to see where I end up landing.
  • My search for more investment properties! I have seen a lot of great things with my first Airbnb property and want to snowball that into more properties! I have had a few weekends where I have gone all out, but I know I can do more.
  • That I didn’t put more offers on properties for my second house hack. I am excited and eager to buy my second house hack with a little different strategy this time.
Key Takeaways:
  • Look at yourself in the mirror and ask ‘Am I giving 100%?’
  • Be honest with yourself. It is okay if the answer is currently no.
  • Acknowledge where you are and aren’t giving 100%. There might be some areas you are and some areas you aren’t.