Money Blocks: Decoding Childhood Money Habits

Our attitude towards money is deeply rooted in our childhood experiences. During these formative years, we develop what are known as "financial beliefs"—ideas about money that significantly influence how we earn, spend, and save, often without our conscious awareness.

These financial beliefs are shaped by our personal and family experiences and what our parents said about money. Phrases like "Money comes through hard work" or "Rich people are always greedy" are examples of common financial beliefs that many of us carry into adulthood.

These beliefs operate in the background of our minds, subtly affecting our financial decisions and emotions. They can hold us back in ways we might not notice, creating patterns that influence our financial well-being.

So, what are your financial beliefs? Take a moment to reflect on the messages about money you received growing up. Did your parents or caregivers say, "Money doesn't grow on trees" or "You need to save every penny"? Or perhaps you heard sentiments like "Money is the root of all evil" or "Wealthy people are selfish"?

Understanding your financial beliefs is the crucial first step towards transforming your relationship with money into a healthier one. By identifying these beliefs, you can begin to challenge and change them, paving the way for a more positive and empowering approach to your finances.

Start by journaling about your earliest memories related to money. What did you learn about money from your family? How have these beliefs influenced your financial decisions as an adult? Once you've identified your financial beliefs, consider whether they serve you well or if they're holding you back.

Remember, it's never too late to reshape your money mindset. By becoming aware of your financial beliefs and actively working to change them, you can build a healthier relationship with money—one that supports your goals, dreams, and overall well-being.