Rich people often have unique money habits. Zander Fryer, founder of High Impact Coaching, credits several unconventional habits for helping him amass over $23 million as a coach. These behaviors may seem odd, but they can lead to significant results when well understood.

Here’s a quick summary of his top five weird money habits:

  • Give money away daily: Let go of fear and scarcity by giving away a small amount of money every day.
  • Remember, it’s not your money: Money is a temporary tool, not something you truly own.
  • Meditate on cash: Visualize money as a positive energy that benefits everyone involved.
  • Buy what you ‘can’t afford’: Challenge scarcity by making uncomfortable purchases to foster abundance.
  • Choose investments, not expenses: Buy only if it expands your life, family, or mission.

Give money away daily

Giving away money breaks the scarcity cycle. Zander shares how giving away $20 a day changed his mindset from scarcity to abundance, leading to rapid growth in his coaching income.

He continues this practice, giving $40-$100 daily in Costa Rica, supporting causes like Shelter to Soldier, a non-profit dear to him.

Remember, it’s not your money

You are a courier of financial energy. Zander emphasizes that money is transient. You don’t keep it forever. This mindset helps reduce emotional attachment to money, making it easier to use it as a tool for a meaningful life.

Focus on what’s truly important, health, love, fulfillment, and purpose, rather than the money itself.

Meditate on cash

Visualize positive financial exchanges. Zander suggests meditating on receiving money while imagining it benefits both you and those who give it.

This helps shift the perception that taking money equates to a loss for the other party. Instead, it’s a mutually beneficial exchange.

Buy what you ‘can’t afford’

Defy scarcity by spending purposefully. If a purchase feels uncomfortable yet aligned with your goals, Zander advises making the purchase to send a signal of abundance to your brain.

This is not about reckless spending but about intentionally pushing the limits of scarcity-driven thinking.

Choose investments, not expenses

Invest in things that expand and appreciate. Zander doesn’t focus on the price but rather on the impact and expansion a purchase brings.

Whether buying a flight or a sauna, the key question remains: Will this expand my life and mission? Everything goes through this filter.

Frequently asked questions

What should a broke coach do to start these habits?

Start small. Focus on actions that feel abundant within your means. Whether that’s a $7 coffee or a small act of giving, it’s about the intention, not the amount.

How long does it take to see results from these habits?

Results vary. For Zander, the shift began within weeks. The key is consistent practice. Act in accordance with abundance and watch how it changes your mindset and opportunities over time.

Can these habits work without a steady income?

Yes, these habits focus on mindset shifts, not on financial stability. They are about nurturing an abundant mentality at any stage of business or income level.

If you’re a coach ready to nix scarcity and build a profitable coaching business, Zander Fryer and High Impact Coaching can guide you. Work with us here.