Money Mastery - part 1
Grab your notebook/app, if you want to master money you need to start here:
How do you feel about money?
If you struggle to articulate your feelings, describe where in your body you feel a sensation when you think about money and what it physically feels like.
Complete this sentence: Money is…
Is money important to you – and if so, why?
Money may be linked to your sense of independence, or the role you play in your family, so your financial situation reflects how you feel about yourself as a person. We know money isn’t just about the numbers - it’s also about our relationship with ourselves.
Like system software running in the background, your money beliefs could be the obstacle you’re not even aware of. Let’s get to the bottom of them.
Your beliefs around money are influenced by 3 things:
Family history
Social messages
Your genetic make-up
Probably the single biggest influence on your money beliefs is your family history with money – your parents’ relationship with money and the messages you received around money as a child. Our subconscious beliefs usually get programmed at a young age without us realising it.
Can recall your earliest memory about money? What do you remember happening?
What message about money did you take away with you?
How has this influenced how you feel about money now?
We may have more than one significant money memory, but there’s usually a pivotal one that really sticks with us. In our experience – we usually take one of two routes – we either take on our parents’ relationship with money or we rebel and take the complete opposite stance.
Now that you’ve done some soul searching on your inherited money beliefs, check out the next post in this series on money mastery.