Advocate Wealth Solutions - March 2025

The Secret to Financial Success Your Money Mindset

When we think about money, we think about the dollars and cents in our wallets and the numbers in our accounts. However, “money” goes beyond that — it’s about how you think and feel about it. Have you ever wondered why some people seem to build wealth easily while others struggle, even with a decent income? A lot of it comes down to mindset. How you view and handle money significantly impacts your financial success. SCARCITY VS. ABUNDANCE If you constantly feel like there’s never enough money, you might have a scarcity mindset. This can lead to hoarding cash, avoiding risks, or even missing out on opportunities because you fear losing what you have. People with this mindset often make financial decisions based on fear rather than strategy.

Alternatively, an abundance mindset focuses on growth. It’s not about reckless spending but believing money is a tool that can work for you. People who adopt this perspective tend to invest, seek opportunities, and take calculated risks, understanding that financial security comes from smart decision-making, not just penny-pinching. WHY WE SPEND (EVEN WHEN WE KNOW WE SHOULDN’T) Let’s be real — we’ve all made a purchase we regretted later. Money is emotional, and sometimes, we spend for reasons that have nothing to do with logic. The trick is recognizing your triggers. If you find yourself shopping when bored or stressed, try redirecting that energy into something else. Setting up a simple budget or giving yourself a 24-hour rule before big purchases can also help curb emotional spending.

SHORT-TERM WANTS VS. LONG-TERM GOALS One of the biggest challenges in managing money is balancing instant gratification with future goals. Many people have the mentality of “buy now, pay later,” and waiting for anything feels impossible. But here’s the thing: People who build real wealth think long-term. That doesn’t mean you can’t enjoy your money today. Instead, it means you should be intentional. Try automating your savings and investments so they happen without you even thinking about it. That way, you’re setting yourself up for success while still saving room for fun.

SUDOKU

NOT YOUR MOM’S CORNED BEEF AND CABBAGE

Inspired by AllRecipes.com

INGREDIENTS

1 (4 lb) corned beef brisket with spice packet

3 celery stalks, cut into 2-inch pieces

3 qts water

1 tsp salt

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1 onion, quartered

2 lbs red potatoes, halved 1 small head of cabbage, cut into eighths

3 carrots, cut into large chunks

1. In a large pot or Dutch oven over medium-high heat, combine corned beef, spice packet contents, water, onions, carrots, celery, and salt. Bring to a simmer (skimming off any foam on top). 2. Cover pot, reduce to low heat, and let simmer for 3 hours until meat is fork tender. 3. Add potatoes to the pot and let simmer uncovered for 30 minutes or until potatoes are al dente. 4. Add cabbage along the edges of the meat and on top. Cover and let simmer until cabbage is tender, 20–30 minutes. 5. Place meat on a cutting board and let rest for 10–15 minutes. After meat has cooled, slice against the grain. 6. Add to a large serving bowl, ladle vegetables and broth over top, and serve. DIRECTIONS

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