What’s your money story?

What’s your money story?

We all have one.

Our money story is tied to the beliefs that we learned when we were children, from birth to about 8 or 9 years old. We took in information we couldn’t filter it, so if we heard stories of lack, fear or abundance, that’s what we knew to be true.

We may have those same limiting beliefs now; they are deep within our subconscious. We may be behaving based on those stories and not the truths. Our saving or spending habits are all tied to those beliefs, much like a thermostat on a wall that regulates the temperature in a room; when it’s 90 degrees outside, and the temperature is set at 75, the air will turn on and cool it off.

Much like our money, if we earn a certain income or have a large windfall, we suddenly may subconsciously self-sabotage.  For example, I am sure you have heard this story: a lottery winner or athlete suddenly becomes wealthy, and they don’t know how to deal with it, they may  subconsciously self- sabotage, and over time the money will be gone.

So, I ask you to be mindful of your money story, to see how it’s playing out in your life today. If you would like help establishing a new money story and laying out a plan for your future,  take a moment, write down what you heard as a child regarding money and then give Wealth Advisor, Patti Handy a call. She can help you plan for today, while helping you protect your tomorrow.