The Law of Attraction and Money

I recently read both The Secret and the more recently written, The Power by Rhonda Byrne.  I haven't seen the Secret movie though.  The Secret was quite painful to read actually, it was full of quotes and vague paragraphs, when I finished reading it, I felt like I didn't get much out of it.  Probably because it had so many different contributors.  In The Power, it was much easier to read as it was solely written by Rhonda Byrne.  It flowed well and it was very invigorating and powerful.

I must admit, I had preconceived notions about the book, and judgment towards the concept of what I thought was “visualizing your way to what you want”, and felt that the whole premise of it was selfish and greedy.  I was actually hesitant to read it until recently.

However, something changed my mind and I did end up reading both books (it helps that my sister lent them to me).  What I got from the books is, I would say, life changing.  Or at least perspective changing.  It has been very helpful for me, and it has only been a few days since I've read the book.

Think Positive

In the book, Rhonda basically says that if you think positive things (and truly truly think positive things), positive things will happen to you.  If you are on a train wreck of negativity, then more negative things will happen to you.  It's the Law of Attraction at work, the universe is responding to your thoughts and feelings.  Like attracts Like. It is something that has been discussed and mentioned in the texts of history throughout the years.  She says that some people seem to have very difficult lives, they struggle with debt, they struggle with their relationships, and they struggle from day to day.

Basically, if you think about how you dread opening your credit card bills, how you dread being in debt, how you feel you're so poor and how are you ever going to survive, these negative thoughts will come back to you and perpetuate the negative aspects of money in your life.  If you feel that you don't have any money, and you never have any money, you really won't have any money.  If you think about positive things, and have a good relationship with money, the relationship with money will strengthen and more money will come to you in some form or other.

The book basically says that there are no coincidences, and that all things happen for a reason, everything is a sign or a response to your thoughts, feelings, and emotions.  Have you ever had a bad day, something happens to you (like you get a flat tire) and then you feel awful about it, you're late for work, and then more and more bad things happen to you?  Likewise, when you have a good day, you are happy, radiant, positive.  You think about how grateful you are to be living and enjoying life- a sequence of good things happen to you, you feel like you are on a roll.  This is apparently the Law of Attraction in action.

My Experience

I have a personal example to share.  Last month, I was having a “bad relationship with money” month.  I had my annual huge car insurance payment ($1600 thank-you-very-much), I was going back to school in September, dropping to part-time work, waiting for renovations to be finished so we can finally rent out the basement, and anxious about how things would turn out.  I think I had to even skip out on paying myself (and you guys know how much I value paying yourself automatically!) during that pay day because I needed to use that money to pay off the credit card bills.  It didn't feel very good.  Thankfully I got through it somehow and began to have a love-love relationship with money again.  I was determined to get some scholarships to cover some of my tuition and began actively applying.  I was positive that I would get some form of scholarship.

Then a few weeks ago, I got an email from the university saying that I got a $5000 scholarship from the faculty of graduate studies.  I had to re-read that email a couple of times, as I was in disbelief.  I was in disbelief because I hadn't applied for any scholarships at this point, and they just gave me that money without me doing anything for it.  I might have gotten it because of my GPA going into the program, or perhaps from a recommendation from a professor, I don't know.  All I know is that it felt great!  I am determined to get more award money through applying to cover my tuition for the entire program ($10,000).

Why Not?

I know it sounds quite ridiculous and hard to believe, but to me, I feel that it doesn't hurt to think this way.  So why not?  Why not change your perspective from one of despair and loss of hope to one of positivity and radiance?  It can only be good for you, there is no harm in doing so.

I admit that I can be a very negative person, I always tend to see the “glass half empty” side of the situation.  I used to feel that the universe was conspiring against me (LOL), but now, I am trying to think positive, open my heart, and love life!  It really changes your perspective on things, you become more patient, more positive, and people are more attracted to your positive energy.

Readers, have you had weird “coincidences” when you thought positively or negatively? What are your thoughts on the Law of Attraction?  Have you read the book? What do you think about it?

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Young is a writer and former owner of Young and Thrifty and the main "twitter' behind Young and Thrifty's twitter account. She lives in Vancouver, BC and enjoys long walks on the beach, spending time with her anxious dog, and finding good deals. If you like what you read, consider signing up for email updates.

29 Comments

  1. retirebyforty on August 17, 2011 at 9:43 am

    Great news on the scholarship! You definitely should apply for more and see if you can get a TA position. You’ll get a great tuition waiver with the TA job and it’s usually minimal work (from my experience.)
    I believe 100% that positive thinking works and reflects back. Sure, we all have bad days, but it’s better off to let those bad things roll off your back and forget about them. Focus on the positives and you’ll have a better day.
    Recently, I won two tickets to see the vintage auto show and Jay Leno talk about his collect. Yes, it was luck, but if I wasn’t goofing around on facebook I wouldn’t have won it. 🙂



  2. Kay on August 17, 2011 at 12:12 pm

    I have become a believer in it too.. I still havent read the book “The secret” even after buying it at full price! browsed a couple of pages and the way it is written is so not my style..

    I didnt even realize I practized law of attraction, but it is just amazing how I got my job.. The universe did consire to get it for me and I’ll be always thankful for that!



  3. Lily on August 17, 2011 at 1:57 pm

    Congrats on the scholarship!

    I’m a believer in the law of attraction – if you think about it, it’s really not magical. If you believe in something or want to achieve something your mind will subconsciously look for opportunities to satisfy or help that belief.

    However, I’ve had many very strange coincidences that were beyond the scope of just me recognizing opportunity.

    Two summers when I was focused on getting a DSLR camera case for my vacation and a bike (because I can’t ride one). One day when I was coming out of my apartment building past the recycle/bulk trash area, I saw a large Canon camera case and a bicycle, and there was nothing else in the trash area. It was very weird. I looked at the items in disbelief because it seemed like such an odd coincidence.

    The camera case wasn’t really the type I was looking for and the bike was too large, but seeing that it was such a strange coincidence that I took them both back to my apartment.

    I didn’t end up using the camera case and the bike was too big (but I did sell it). But that part was part of another lesson I think the universe was trying to teach me at that time about “don’t just accept what’s offered, you have to look for what you want” (this was during the period I was experience a lot of personal growth and before I left my job to take a year off).

    That’s just one coincidence, there’s been a lot of other ones too – but I’ll save that for another chat 🙂

    – Lily



  4. SavingMentor on August 17, 2011 at 3:08 pm

    That’s really great news that the money situation turned around for you so quickly. I know you are so good with money that you would never end up in a bad situation for very long.

    The positive attitude really can make a HUGE difference in your life. If you’re always looking at the negative it simply depletes your energy and even if the law of attraction didn’t work you still would be much worse off because you wouldn’t have the energy needed to accomplish much!



  5. Camellia on August 17, 2011 at 3:44 pm

    There is one big, huge major problem with this kind of thinking- it implies that people to whom horrible things happen weren’t positive enough.



  6. eemusings on August 17, 2011 at 6:03 pm

    I actually have had a couple, around the summer that i read that book!

    But even if it did work, I just cannot fully commit to the unwavering belief that I’m going to have a million bucks come into my life. Yanno?

    But like I’ve said before, I’m a big believer in positive attitudes. If I’m having a month like you – a downer month – I just try to step back and stop stressing and focusing on money, because beyond a certain point it stops doing any good and it’s not productive.



  7. Etienne on August 17, 2011 at 6:50 pm

    no way I would loose one minute of my life reading The Secret or a similar book.

    I really don’t need any book to help me be happy. But I respect people that find a “way” and positiveness in these books, gurus, gods and other methods.

    IMO it’s just a very good way to make a huge chunk of money.



  8. T.M @ My University Money on August 17, 2011 at 9:04 pm

    I have to agree with Camellia. These type of books fail to address a lot of really difficult moral questions. So a drug-dealer that is rich is that way because he pictured himself “making it” in a positive manner? Did they attract this success by enthusiastically watching “thug life” media?

    I had a super enthusiastic nursery school teacher who is the nicest person I have ever known. Her positive views defied belief. She is now crippled with arthritis. I know this comes across as glass half-empty view, but I honestly just believe it’s realistic. Work hard and be a good person because you know it’s right, not because you think it will attract success to you.



  9. Financial Samurai on August 17, 2011 at 11:08 pm

    Sounds like you are on a great roll! IT comes and goes it seems, and I’m glad you got that scholarship!



  10. MoneyCone on August 18, 2011 at 10:42 am

    I do believe in LofA. I can’t answer the skeptics and I don’t know how, but it definitely works!

    Congrats on your scholarships! I love pleasant surprises such as this!



  11. Kellen on August 18, 2011 at 12:30 pm

    I think in some ways it’s right – if you are more positive you will also not see things that could go either way as always negative. I tend to be pretty negative so… I think being positive would make me nicer to be around, would make me see/expect more opportunities to get promoted, and thus, will make me more likely to be promoted than if I sit here feeling like I’m bad at my job, and that I won’t make it too far here.

    A girl I work with loves “The Secret” and made it sound like sheer visualization. Like, if you visualize yourself driving a ferrari hard enough, it will result in you having a ferrari. It sounded like she believed in it very literally. (She used it with her desire to work in America, she claims.)



  12. young on August 20, 2011 at 11:55 am

    @Kellen- I tend to be a negative thinker as well, and am trying to consciously change my thinking. I don’t agree that “sheer visualization” is the concept of “the secret” and the LofA, that’s what I had thought when I first heard about the book too. It made me think of selfish people who wanted more and more, and wanted material goods for the wrong reason. I don’t agree with the idea of visualizing for money or assets or ferraris.

    What I take from reading this book is that we should all be grateful, be positive, and change our way of thinking. Instead of thinking something bad has happened to you, think of it as a challenge and think about the good things that are happening in the same day. I think it’s about perspective.



  13. young on August 20, 2011 at 11:55 am

    @MoneyCone- Thanks! It was indeed a pleasant surprise!



  14. young on August 20, 2011 at 11:56 am

    @Financial Samurai- It’s nice to be on a roll and not in a rut 😉 Thanks! I’m happy about it too!



  15. young on August 20, 2011 at 12:12 pm

    @T.M.- how does your nursery school teacher view her arthritis? I have a belief that we can control our thoughts (well, unless we have Alzheimers/ dementia etc.) and even with physical disability, we have control over our thoughts and how we view the disability… one can still be successful even with a physical disability (but then we go into the murky waters of the definition of success, right?) 🙂

    I definitely agree that there are difficult moral questions that are not addressed with this philosophy for sure!



  16. young on August 20, 2011 at 12:14 pm

    @Etienne- True- I think personal growth (if you can’t develop it yourself internally and you aren’t aware of what you need) is a worthwhile investment. Now I wouldn’t go spending $1000 on a personal growth seminar, but a book or two is alright with me 🙂

    I don’t think it’s the book that helps you be happy, it is YOU who helps you be happy and sometimes people need books to reinforce this 🙂



  17. young on August 20, 2011 at 12:15 pm

    @eemusings- Yeah, when I read the Secret I was very skeptical and thought it was a very self-serving book. I do not believe that visualizing amassing a great amount of money or success is the POINT of the law of attraction (though I think it might be argued upon) but I think it’s more to do with cultivating gratitude and a positive attitude- and that’s what I am going to take from the book 🙂

    So true about how worry doesn’t do anyone any good (and oftentimes isn’t productive)!



  18. young on August 20, 2011 at 12:17 pm

    @Camelia- That’s true and is indeed a major fault with this kind of thinking. I don’t know how to answer that because I’m no guru on the book or of the Law of Attraction 🙁



  19. young on August 20, 2011 at 12:18 pm

    @SavingMentor- Yup! That’s what I’m taking away with me- positive attitude and a different perspective. I’m not fixated on MAKING the Law of Attraction work for me, but just fixated on changing my mentality and trying to be a better person and less negative 🙂



  20. young on August 20, 2011 at 12:19 pm

    @Lily- Wow, that’s uncanny! Sometimes these little “signs” and strange coincidences can give goosebumps down your back, eh? Did you end up getting a DSLR and a new bike? 🙂



  21. young on August 20, 2011 at 12:20 pm

    @Kay- Yeah, I didn’t like the way it was written (the Secret) because it made me want to vomit in my mouth a little. I found the Power much better written though. How did you get your job if you don’t mind sharing? 🙂



  22. young on August 20, 2011 at 12:28 pm

    @retirebyforty- Thanks! I don’t know about TA jobs because it is an online program 🙁 Haha, I don’t think they will pay me for being a moderator. I can barely moderate my own blog LOL. It’s hard to think positively sometimes but being aware of it certainly helps. I have caught myself a few times ruminating in a negative spiral and stopped myself to change my thoughts and ended up having a better day.

    Congrats on the tickets! I would love to see Jay Leno- I like him wayyy better than Letterman. Are you bringing baby with you?



  23. Ben on August 23, 2011 at 6:04 am

    Congratulations w/ your scholarship, I should have been as proactive as you have been, but being a student myself I know $5,000 makes a big difference.

    I also happened to see part of the movie of the secret, and it was really good. It was also about the positive thought, and also telling the universe what you want. The secret says the universe is set in motion to help you achieve. I just wanted to try it out and I don’t want to sound weird but I was extremely successful.

    In your opinion are these good books to purchase for recreational reading?



  24. D-Faye on August 23, 2011 at 1:58 pm

    I really believe in the Law of Attraction and the whole visualization method. I’ve had many goals / images that I thought up in my head, and made it come true in real life. Like weight loss for example, where I realized if I continue to see myself as a heavy person, no matter what kind of diet I go on, my body will just rebound to what my body image was (a heavy person). After shifting my thoughts into thinking more positively and see myself as a healthy fit active person, I lost about 15 pounds in 3 months. And the funny thing is I didn’t even have to try as hard physically, because I felt like I actually enjoyed being active.

    Haven’t really tried the Law of Attraction with money, but I guess that’s why I’m on this blog! 😛

    Another book I highly recommend is the Alchemist by Paulo Coelho.



  25. Little House on August 23, 2011 at 3:15 pm

    My perspective on life has always been positive, and thinking positively definitely encourages good things to happen. However, I’m the kind of person who thinks you gotta make it happen, not just think it. But maybe that’s just because I’ve never been handed anything, I’ve always had to work for it! 😉

    As for your scholarship, that’s great! Good luck going back to school this year!



  26. young on August 23, 2011 at 9:11 pm

    @D-Faye- Ooh I loooove Paulo Coelho’s book. I was just thinking about reading more of his books the other day 🙂 I have read the Alchemist and also The Zahir (loved that book too). LOL D-Faye, didn’t you know that reading my blog will naturally attract money to you? 😉



  27. young on August 24, 2011 at 12:38 am

    @Little House- I can tell your perspective is positive from your blog 🙂 It’s such a great attribute to have. I agree that thinking it isn’t all that you need to do, though it’s a first step. Sometimes though, even though one is trying so hard to make it happen, you just don’t get that break. I felt that way when I first started this blog… I was getting so beat down and sad that I was making $0.03 a month on adsense, but there’s always hope and it did turn around 🙂



  28. ShoeGal on August 24, 2011 at 10:04 am

    Congratulation on the scholarship. It is great when those just fall into your lap. I have a bit of trouble with seeing the cup half full as well and find it very difficult to be an optimist all the time. I am willing to work for things I really want but tend to over think and that often times makes me feel even worse.



  29. young on August 24, 2011 at 11:53 pm

    @ShoeGal- Thanks 🙂 I like it too when things seem effortless. I hope you’re not referring to your new blog because it’s great!!



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