Scarcity mentality refers to a mindset that perceives resources as limited, leading individuals to believe
that there is never enough to go around. This perspective can significantly impact decision-making,
relationships, and overall well-being. For millennials navigating a world filled with financial uncertainty,
student debt, and rising living costs, understanding this mentality is crucial. When individuals operate
from a scarcity mindset, they tend to focus on what they lack rather than what they can create or
achieve. This fixation can hinder personal growth and prevent the development of essential skills that
promote financial independence.