Can Spending $1 Million in a Day Change My Life?
Last week, my sister shared a Gabby Berstein exercise with me and I’ve decided to double down on it and go all in for 30 days.
The exercise is simple. Imagine that you have received a check from the universe and the only rule is that you must spend the entire amount in one day. You can choose whatever amount you want, but you must mentally spend the full amount in one day.
The first time I did the exercise, I chose $10,000. The next time I chose $1 Million.
I enjoyed it, but more importantly as I reflected on my choices I made came up with a hypothesis that this exercise, if done repeatedly, could completely free me, once and for all, from all of the limiting and faulty money beliefs that were implanted in me years ago and allow me to hit my highest earning year yet.
So…I’m going to do it.
I’m going to mentally spend a $1 Million check every single day for 30 days, and I invite you to join me on this journey. My goal is to stretch my faith, become less resistant to large sums of money, and grow so comfortable with spending that I never limit myself.
Exercise Rules
To keep it both fun and impactful, I've set a few rules for myself:
Real Numbers Only: I will base my spending on actual prices and costs as closely as possible. No vague estimations or imaginary discounts. When in doubt, look it up. Get comfortable seeing prices and mentally spending.
No Duplicates: Each day, I must spend the million dollars on different items or experiences. No repeating purchases, even if they are things I love.
No Rollover: Any unspent money at the end of the day does not carry over to the next day. Each day starts fresh with a new million dollars.
By adhering to these rules, I aim to challenge myself to think creatively and expand my financial horizons.
Daily Breakdown
Each day, I'll approach my million-dollar spending with a fresh perspective. Here's how I'll break it down:
Morning Meditation: I'll start my day by setting aside some quiet time to be quiet, meditate and visualize my life as someone with access to a million dollars every day.
Research: Throughout the day, as I am inspired to spend, I'll look up real prices for the items or experiences I want to purchase. This might involve browsing online stores, consulting travel websites, or even imagining large-scale charitable donations.
Making the List: I'll write down a detailed list of my purchases for the day, ensuring I account for all the money.
Journaling the Experience
A significant part of this challenge will be journaling my experience. Each evening, I'll document:
What I Spent: A detailed list of the day's expenditures.
How I Felt: Reflections on my thoughts and feelings during the spending process.
Insights and Lessons: Any realizations or lessons learned about money, abundance, and my own mindset.
Here’s an example of a journal entry:
Day 1:
Spending:
Luxury vacation to Paris for my family: $50,000
Donation to a local food bank: $100,000
Purchase of a dream home: $500,000
Investment in a new business venture: $300,000
Miscellaneous (shopping, dining, etc.): $50,000
Feelings: Today, I felt a mix of excitement and disbelief. Imagining a luxury vacation was thrilling, but I also noticed some resistance to spending such a large amount on myself and my family.
Insights: I realized that I often prioritize others over myself when it comes to spending money. This challenge might help me find a better balance.
Benefits and Goals
The ultimate goal of this challenge is to stretch my faith and become more comfortable with large sums of money. While Gabby says the check was written by the universe, I believe all things good things come from God, so I am believing that this money and all of the positive impact is coming from him, so here are some of the things I’m expecting to see:
Faith Stretching: By mentally handling large amounts of money, I'll strengthen my belief in the possibility of receiving abundance.
Mindset Shift: This challenge will help me break free from limiting beliefs about money and scarcity.
Creativity and Generosity: I'll learn to think creatively about how to use money to bring joy, solve problems, and benefit others.
I encourage anyone who feels called to join me in this experiment and follow along with me on TikTok where I’ll be video journaling about the process. Whether you're looking to strengthen your faith, shift your mindset, or simply have fun imagining a life of abundance, this experiment could be transformative.
I hope you'll consider joining me or at least following along as I document my experience. Together, we can explore what it means to live in a mindset of abundance and limitless possibilities.
Here's to spending a million dollars a day and transforming our financial mindsets!